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November 3, 2023 - November 7, 2023

Micropro Software Solutions IPO FAQ

Micropro Software Solutions IPO Date & Price

The Micropro Software Solutions IPO opens on November 3, 2023 and closes on November 7, 2023.

Micropro Software Solutions IPO timetable / schedule is as below:
  • Bid/Offer Opens On: November 3, 2023
  • Bid/Offer Closes On: November 7, 2023
  • Finalization of Basis of Allotment: November 9, 2023
  • Initiation of refunds: November 10, 2023
  • Credit of Equity Shares: November 10, 2023
  • Listing Date: November 10, 2023

Micropro Software Solutions IPO price is set at ₹81 per equity share.

Micropro Software Solutions IPO will close for subscription at 5 PM on November 7, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Micropro Software Solutions IPO starts on November 3, 2023. The issue ends on November 7, 2023.

Micropro Software Solutions IPO Issue Size and Subscription Status

The Micropro Software Solutions IPO size is 3790400 Equity Shares of ₹10 aggregating up to ₹30.70 Cr.

Micropro Software Solutions Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Micropro Software Solutions IPO shares through the banks (using ASBA) or through the broker (using UPI).

Micropro Software Solutions IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)1,800,000 Shares
Retail Individual Investor (RII)1,800,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size3,600,000 Shares

Micropro Software Solutions IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)22.60 times times
Retail Individual Investor (RII)49.08 times times
Employee Reservations times
Other Reservations times
Total Issue Size36.88 times times

Click here to check the Micropro Software Solutions IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Micropro Software Solutions IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Micropro Software Solutions IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Micropro Software Solutions IPO Allotment and Listing

The Micropro Software Solutions IPO allot status will be available online on November 9, 2023. Check the Micropro Software Solutions IPO Allotment Status here.

Click here to check Micropro Software Solutions IPO Allotment Status.

Micropro Software Solutions IPO listing Date is November 10, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Micropro Software Solutions IPO listing date and time is published by the exchange in a circular.

Click here to view the Micropro Software Solutions IPO Basis of Allotment.

It is hard to say at what price Micropro Software Solutions IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Micropro Software Solutions IPO shares will list on November 10, 2023 at NSE SME.

Micropro Software Solutions IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Micropro Software Solutions IPO which could help you with questions like Micropro Software Solutions IPO buy or not? You should also read Micropro Software Solutions IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Micropro Software Solutions IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Micropro Software Solutions IPO performance. The performance reports are available 1 day after listing.