Micropro Software Solutions IPO Subscription Details

Fixed Price IPO | ₹31 Cr | Listed at NSE SME | Fri, Nov 3, 2023 - Tue, Nov 7, 2023

Basis of Allotment - Micropro Software Solutions IPO

Details NII Retail Total
Allocation (No. of shares)18,00,00018,00,00036,00,000
Allotment price (Rs.)818181
No.of applications4,52453,86358,387
No.of shares applied4,02,20,8008,61,80,80012,64,01,600
Amount collected (Rs.cr.)325.79 698.06 1,023.85
No.of times subscribed22.3447.8835.11
No.of shares allotted11,42,40024,57,60036,00,000
Amount (Rs.cr.)9.25 19.91 29.16
No.of allottees4961,5362,032

IPO Shares Offered

Micropro Software Solutions IPO is a public issue of 0.36 Cr equity shares. The issue offers 0.18 Cr shares to retail investors , 0.18 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,90,4001.54 5.02%
Other* 18,00,00014.58 47.49%
Retail18,00,00014.58 47.49%
Total37,90,40030.70 100%

IPO Subscription FAQs

The Micropro Software Solutions IPO is subscribed 36.88 times by Nov 07, 2023 19:30.

Micropro Software Solutions IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional22.6
Retail Individual49.08
Total Subscription36.88

Retail category of Micropro Software Solutions IPO subscribed 49.08 times as of date Nov 07, 2023 19:30. The public issue closes on Tue, Nov 7, 2023 for bidding.

An investor can apply in Micropro Software Solutions IPO online via bank (using ASBA) or the broker (using UPI). The Micropro Software Solutions IPO shares are offered online only.

The Micropro Software Solutions IPO is subscribed 36.88 times by Nov 07, 2023 19:30.

The Micropro Software Solutions IPO allotment status is expected on or around Thursday, November 9, 2023. Visit Micropro Software Solutions IPO allotment status to check.

The Micropro Software Solutions IPO listing date is November 10, 2023. The equity share of Micropro Software Solutions IPO will list on NSE SME.

Visit Micropro Software Solutions IPO subscription status page for real-time bidding information about Micropro Software Solutions IPO.

Micropro Software Solutions IPO Timetable

IPO opens OnFriday, November 3, 2023
IPO Closes OnTuesday, November 7, 2023
Finalisation of Basis of AllotmentThursday, November 9, 2023
Initiation of RefundsFriday, November 10, 2023
Credit of Shares to Demat AccountFriday, November 10, 2023
IPO Listing DateFriday, November 10, 2023
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