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Micropro Software Solutions Limited logo

Micropro Software Solutions Limited IPO

SME IPOListedMICROPRONSE
Current Market Price (CMP)
₹42.55(-47.47%)
Current Price (CMP)
₹42.55(-47.47%)

Live Market Quote

Listing Price & Gain
₹80(-1.23%)

Day 1 Exchange Open

IPO Issue Price
₹81

Band: ₹81

Total Subscription
34.09x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
03 Nov 2023
IPO Bidding Closes
07 Nov 2023
Allotment & Refunds
Completed
Exchange Listing Day
10 Nov 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 34.09x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription34.09x
Updated as on 07-Nov-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain-1.23%
₹81 (Issue) → ₹80 (List)
Per share profit: ₹-1.00
Holding Return (Till Date)-47.47%
₹81 (Issue) → ₹42.55 (CMP)
Net gain per share: ₹-38.45
Post-Listing Performance (Listing Day → Today):-46.81%

About Micropro Software Solutions Limited IPO

Micropro Software Solutions Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 03 Nov 2023 and concluded on 07 Nov 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹81.

During the bidding window, Micropro Software Solutions Limited witnessed heavy demand with an overall subscription of 34.09 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Micropro Software Solutions Limited officially debuted on the stock exchanges on 10 Nov 2023 at an opening listing price of ₹80, delivering a listing day return of -1.23% (discount) over the final issue price. As per the latest market data, the stock trades at ₹42.55, representing an overall decline of -47.47% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Micropro Software Solutions Limited IPO?
The issue price of Micropro Software Solutions Limited IPO was fixed at ₹81 per equity share. The indicative bidding price band was ₹81.
What were the open, close, and listing dates for Micropro Software Solutions Limited IPO?
Micropro Software Solutions Limited IPO opened on 03 Nov 2023, closed on 07 Nov 2023, listed on 10 Nov 2023.
How much was Micropro Software Solutions Limited IPO subscribed?
The IPO received an overall subscription of 34.09 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Micropro Software Solutions Limited IPO?
Micropro Software Solutions Limited IPO listed on the stock exchange at ₹80, delivering a listing discount of 1.23% compared to the IPO issue price of ₹81.
Is Micropro Software Solutions Limited IPO a Mainboard or SME IPO?
Micropro Software Solutions Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Micropro Software Solutions Limited IPO since its IPO?
At the latest market quote of ₹42.55, Micropro Software Solutions Limited IPO has generated an all-time return of -47.47% since its initial public offering.

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