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Open
3 Nov 2023
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Close
7 Nov 2023
3
Allotment
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Listing
Fri, Nov 10, 2023
Price Band
₹81 per share
Issue Size
37,90,400 shares (agg. up to ₹31 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Nov 10, 2023
Latest GMP
₹4
Est. Gain
4.94%
✦ AI Insight
GMP Trend
10-11-2023₹4Est. ₹85+4.94%
09-11-2023₹4Est. ₹85+4.94%
08-11-2023₹4Est. ₹85+4.94%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 35.11x |
Restated Financials (₹ Cr.)
| Period Ended | 31 May 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 24.11 | 25.60 | 20.49 | 15.48 |
| Total Income | 2.76 | 22.17 | 17.55 | 13.92 |
| Profit After Tax | 0.48 | 5.92 | 2.67 | 1.30 |
| NET Worth | 16.48 | 10.56 | 7.89 | |
| Reserves and Surplus | 16.71 | 16.23 | 10.31 | 7.64 |
| Total Borrowing | 3.38 | 3.98 | 5.92 | 4.38 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Canarys Automations Ltd. | SME | ₹47.03 Cr | ₹31 | 15.82 | ₹41.30 | +33.23% | ₹24.90 |
| Kody Technolab Ltd. | SME | ₹27.52 Cr | ₹160 | 22.66 | ₹178.50 | +11.56% | ₹1,534.00 |
| Yudiz Solutions Ltd. | SME | ₹44.84 Cr | ₹165 | 61.8 | ₹181.40 | +9.94% | ₹24.80 |
| AccelerateBS India Ltd. | SME | ₹5.69 Cr | ₹90 | 27.27 | ₹114.97 | +27.74% | ₹109.95 |
| Systango Technologies Ltd. | SME | ₹34.82 Cr | ₹90 | 15.13 | ₹102.90 | +14.33% | ₹227.25 |
| All E Technologies Ltd. | SME | ₹48.20 Cr | ₹90 | 15.36 | ₹131.25 | +45.83% | ₹138.05 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital requirements | 8.50 |
| 2 | Funding capital expenditure requirements | 12.85 |
| 3 | General corporate expenses | 4.84 |
About Micropro Software Solutions IPO
Updated on Aug 5, 2026
Contact Details
Micropro Software Solutions Ltd. AddressPlot No.28, 702, Wing A7th Floor, IT ParkGayatri NagarNagpur, Maharashtra, 440022+91-9373693405compliance@microproindia.comVisit Website