Micropro Software Solutions Limited

Company Profile
Company Name Micropro Software Solutions Limited
Open Date 03-11-2023
Close Date 07-11-2023
Exchange NSE SME
Lot Size 1,600 Shares
Issue Price ₹81 per share
Issue Size 3,790,400 shares
Application Amount ₹ 1,29,600
Recommendation Apply
Micropro Software Solutions Limited was originally established as a partnership firm in the year 1988 and has its registered office in Nagpur, Maharashtra. The company is in the field of Software development, consulting along with Technical Services and providing effective IT Solutions cost-effectively IT Solution to its clients. The company designs, develops, standardizes, and customizes, in case of need, software solutions across various industry verticals. Company does not outsource activities to third party vendors while providing the service to the customers. As on the date of Prospectus, the company had 124 employees on its payroll.
(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended Mar-22 Mar-23 June-23
Total Assets 2,048.58 2,559.57 2,411.31
Net Assets 1,055.98 1,648.21 1,695.86
Total Borrowings 592.05 397.97 338.04
Total Revenue 1,755.17 2,217.20 275.95
Profit After Tax 267.14 592.23 47.64

Tentative Timeline

Opening Date 03-11-2023
Closing Date 07-11-2023
Basis of Allotment 10-11-2023
Initiation of Refunds 13-11-2023
Credit of Shares to Demat 15-11-2023
Listing Date 16-11-2023

Objects of the Issue

Working capital requirements.
Funding capital expenditure requirements.
General Corporate Purpose.

Contact Information

Registered Office Plot No. 28, 702, Wing A, 7th Floor, IT Park, Gayatri Nagar, Nagpur - 440022, Maharashtra, India
Phone 9373693405
Email compliance@microproindia.com
Website http://www.microproindia.com/

Registrar Details

Phone +91 022 4961 4132
Email support@purvashare.com
Website http://www.purvashare.com/

IPO Reservation

Market Maker Shares Offered 190,400 (5.02%)
Other Shares Offered 1,800,000 (47.49%)
Retail Shares Offered 1,800,000 (47.49%)
Total Shares Offered 3,790,400 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoter) 63.40%
Share Holding Post Issue (Promoter) 46.59%

Contact Us to Enable Your Success!