Issue Price
₹81
Per Share
GMP
NIL
Grey Market
Est. Listing
₹81
Expected Price
Min. Application
₹259,200
2 lots × 1600 shares
Incorporated in 1988, Micropro is an IT service company engaged in the business of Software Development, Data Processing, and Software Training. The company's tech team comprises more than 150 professionals. The company serves over 4000 customers catering to countries like India, USA, UAE and Africa. The company also provides software solutions for the government sector, PSU's and corporate clients. Micropro is an ISO 90001:2015 company which designs software solutions across various industry verticals. The company provides following services such as:-IT Infrastructure Management Services.Server Management.Virtualization Services.Storage and Backup Management.Network Management.Security Management.Database Management.Middleware Administration.Data Centre Operations Management.
Micropro Software Solutions Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 190,400 | — | ₹1.54 Cr | — |
| TOTAL | 3,790,400 | 100.00% | ₹30.70 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹129,600 |
| Retail (Max) | 13 | 20,800 | ₹1,684,800 |
| sNII (Min) | 14 | 22,400 | ₹1,814,400 |
| bNII (Min) | 68 | 108,800 | ₹8,812,800 |
| Particulars | 31 May 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 275.95 | 2217.20 | 1755.17 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 47.65 | 592.23 | 267.14 |
| Net Worth | N/A | 1648.21 | 1055.98 |
| Total Assets | 2411.30 | 2559.57 | 2048.58 |
| Reserves & Surplus | 1670.86 | 1623.21 | 1030.98 |
| Total Borrowings | 338.03 | 397.97 | 592.05 |