Micropro Software Solutions IPO opens; check subscription status, latest GMP, other key things to know
Also Read: Transteel Seating Technologies IPO allotment finalised; check allotment status here Micropro Software Solutions shares will be listed on NSE SME with a tentative listing date fixed on November 16, 2023. The total issue size of Micropro Software Solutions IPO is ₹30.70 crore which is entirely a fresh issue of 37.9 lakh equity shares.
Micropro IPO price band is fixed at ₹81 per share. The IPO lot size is 1,600 shares and the minimum investment amount required by retail investors is ₹129,600.
Swaraj Shares and Securities Private Limited is the book running lead manager of the Micropro Software Solutions IPO, while Purva Sharegistry India Pvt Ltd is the IPO registrar. (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 has been subscribed 1.82 times so far on Friday, the first day of the bidding process.
The issue received bids for 65.53 lakh equity shares as against 36 lakh shares on the offer, as per data available till 4:35 pm. The public issue has been subscribed 3.33 times in the retail category and 31% in the Non-Institutional Investors' (NII) category so far.
Also Read: Baba Food Processing IPO: Check latest GMP, subscription status on day 1, other key details Micropro Software Solutions IPO GMP today, or grey market premium today, is ₹30 per share, as per market observers. This indicates that the Micropro Software Solutions shares are trading at a premium of ₹30 apiece in the grey market.Milestone Alert!
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