Micropro Software Solutions Limited
ListedSMEEmerging SME Services · NSE
Incorporated in 1988, Micropro is an ISO 9001:2015 certified IT services company engaged in software development, data processing, and software training. With a team of over 150 professionals, the company serves more than 4,000 customers across India, USA, UAE, and Africa, including government organisations, PSUs, and corporate clients. Micropro offers a wide range of IT solutions such as IT infrastructure management, server and network management, virtualization, storage and backup management, security management, database management, middleware administration, and data centre operations management for various industry verticals.
Price Band
₹81
Issue Size
₹30.70 Cr
Lot Size
1600 shares
GMP
₹6
+7.4%
Est. Listing
₹87
at current GMP
Subscribed
35.89x
overall
Open
3 Nov 2023
Close
7 Nov 2023
Allotment
8 Nov 2023
Refund
9 Nov 2023
Demat Credit
10 Nov 2023
Listing
10 Nov 2023
Last updated 12 months ago
Live Grey Market Premium
Micropro Software Solutions Limited GMP Today
Last updated: 5 Nov 2025
Current Premium
₹6+7.4%
Issue Price (Upper)
₹81
Band: ₹81
Estimated Listing Price
₹87
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,29,600
Estimated Profit / Lot
₹9,600
1600 × ₹6
Micropro Software Solutions Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹6
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹6 | 7.4% | ₹87 |
| 30 Oct 2026 | +₹6 | 7.4% | ₹87 |
| 29 Oct 2026 | +₹5 | 6.7% | ₹86 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Micropro Software Solutions Limited Public Issue & Market Profile
Micropro Software Solutions Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹30.7 Crores. The shares are offered at a price band of ₹81 to ₹81 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,29,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-11-10, while un-allotted funds or UPI block mandates will be released on 2023-11-09.
Frequently Asked Questions
What is Micropro Software Solutions Limited IPO GMP today?
The latest grey market premium for Micropro Software Solutions Limited IPO is ₹6, which indicates an expected listing price of ₹87.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.