Micropro Software Solutions IPO allotment finalised; here’s how to check status

livemint.com:

Also Read: Micropro Software Solutions IPO: Issue subscribed over 36 times; check latest GMP, other key things to know Here’s how to check the Micropro Software Solutions IPO allotment status: Visit the website of Purva Sharegistry on this link - https://www.purvashare.com/queries/index.php Select “Micropro Software Solutions" in the company name section. Enter Application Number or PAN Click on ‘Search’ Your Micropro Software Solutions IPO allotment status will be available on your screen or on the display of your cell phone. (Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Micropro Software Solutions IPO received strong demand from investors during the IPO bidding period.

The IPO has been subscribed 36.88 times in total as the issue received bids for over 13.27 crore equity shares as against 36 lakh shares on the offer. The public issue has been subscribed 49.08 times in the retail category and 22.60 times in the Other category. Micropro Software Solutions IPO GMP today, or grey market premium today, has dropped to ₹4 per share, as per market observers.

This indicates that the Micropro Software Solutions shares are trading higher by ₹4 apiece in the grey market than its issue price of ₹81. The estimated listing price of Micropro Software Solutions shares, according to the GMP today and the issue price, would be ₹85 apiece, which is at a premium of nearly 5% to the IPO price. Also Read: ESAF Small Finance Bank IPO allotment declared. Latest GMP, listing date, how to check status Micropro Software Solutions IPO opened for subscription on November 3 and closed on November 7.