Micropro Software Solutions Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
Back arrow

Micropro Softwar

CMP

42.70

+0.10 (0.23%)

  • DRHP
₹81

Offer Price

₹ 30.70 Cr

Issue Size

₹ 1,29,600

Min Investment

1,600

Lot size

Time Line

  • 03
    Nov 2023
    Open
  • 07
    Nov 2023
    Close
  • 10
    Nov 2023
    Finalisation of Basis of Allotment
  • 13
    Nov 2023
    Initiation of Refunds
  • 15
    Nov 2023
    Transfer of Shares to Demat Account
  • 10
    Nov 2023
    Listing Date

Objects of the Offer

  • Expanding geographic footprints.

  • Invest in technology.

  • Further expand our client base and market share through enhanced sales and marketing.

  • Targeting new customers by increasing our presence in domestic markets and building our presence in international markets.

  • Strengthening our business through effective branding and Customer Acquisition.

Strengths

  • Quality and focus on customer satisfaction.

  • Expertise.

  • Satisfactory track record.

Risks

  • Its business and results of operations are dependent on the contracts that its enter into with its customers. Any breach of the conditions under these contracts may adversely affect its business and results of operations.

  • Failure to protect its intellectual property could harm its ability to compete effectively.

  • Its may be subject to intellectual property infringement claims by other companies which could materially increase costs and materially harm its ability to generate future revenues and profits.

  • The company face intense competition. If its unable to compete effectively, the results of operations and prospects for its business could be harmed.

  • Its revenues, expenses and profitability may be subject to significant fluctuation and hence may be difficult to predict. This increases the likelihood that its results of operations could fall below the expectations of investors and market analysts, which could cause the market price of the Equity Shares to decline.

Company Promoters

Promoters Holding

Issue For IPO
16.81%
Pre Holding

63.40%

Post Holding

46.59%

Top Promoters Holding

Financials

All values in Cr

Mar-2023 Mar-2023 Mar-2023 3-Yr trend
Revenue 22.06 (26.50%) 34.79 (-) 35.93 (3.30%)
Gross Profit 22.06 (26.50%) 34.79 (-) 35.93 (3.30%)
Net Income 22.06 (26.50%) 34.79 (-) 35.93 (3.30%)
Assets 22.06 (26.50%) 34.79 (-) 35.93 (3.30%)
Liabilities 22.06 (26.50%) 34.79 (-) 35.93 (3.30%)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Micropro Software Solutions Ltd 22.06 5.92 20.80 4.32 35.93 0.00 6,592.84 3.25 0.19
Softtech Engineers Ltd 65.40 4.00 162.84 162.84 4.19 3.78 93.18 2.45 0.42
Compucom Software Ltd 54.62 5.02 172.48 172.48 3.59 0.63 18.04 2.90 0.01
Persistent Systems Ltd 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Book Running Managers

  • Swaraj Shares & Securities Pvt Ltd

Registrar & Transfer Agent

Purva Sharegistry (India) Pvt

Shiv Shakti Indust,
Unit No 9 Lower Pare,
7 B J R Boricha Marg - Mumbai-400011
Phone : 91-022-23016761

Company Contact Information

Plat # 28 702 Wing A 7th Floor,
IT Park Gayatri Nagar,
Nagpur - 440022
Phone : +91-9373693405 Email : compliance@microproindia.com www.microproindia.com

Offer Related Information

Initial public issue of 37,90,400 equity shares of face value of Rs. 10.00/- each ("Equity Shares") of Micropro Software Solutions Limited (the "Company" or the "Issuer") for cash at a price of Rs. 81.00 per equity share including a share premium of Rs. 71.00/- per equity share (the "Issue Price") aggregating to Rs. 30.70 crores ("The Issue"), of which up to 1,90,400 equity shares for cash at a price of Rs. 81.00/- per equity share including a share premium of Rs. 71.00 per equity share... More

Take your research to the next level.
Login now to unlock Exclusive Features!

Take your research to the next level.
Login now to unlock Exclusive Features!

Download Our App On: