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
Overall Subscription
35.89x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
22.71x
High Net-Worth
Retail (RII)
49.08x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,800,000 | 40,873,600 | 22.71x |
| RETAIL | 1,800,000 | 88,347,200 | 49.08x |
| Total | 3,600,000 | 129,220,800 | 35.89x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 829 | 40,687 | 49.08x |
| HNIs (10L +) | 5 | 114 | 22.71x |
| HNIs (2-10L) | 25 | 568 | 22.71x |
| Total Applications | 859 | 41,369 | 48.16x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.