SMEClosed

Micropro Software Solutions Limited IPO Subscription Status

📅Offer Date: 03 Nov 2023 – 07 Nov 2023

Minimum investment
₹1,29,6001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total36.87x
QIB22.71x
NII22.71x
Retail49.07x

Micropro Software Solutions Limited IPO was subscribed 36.87x in total when bidding closed on 07 Nov 2023, with 22.71x in the QIB category, 22.71x in NII, 49.07x in retail. The issue ran from 03 Nov 2023 to 07 Nov 2023 at a price band of ₹81.00 per share.

QIB22.71xNII22.71xRetail49.07xTotal36.87x1×

Times subscribed by category against the 1× line.

50
≈ 1 in 50 retail allotment
low allotment chance

Based on retail subscription (49.07x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail18,00,0008,83,26,00049.07x
Total36,00,00013,27,32,00036.87x
QIB / NII18,00,0004,08,78,00022.71x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail14.58715.4449.07x
QIB / NII14.58331.1122.71x
Total29.161046.5536.87x

Values derived from share count × issue price (₹81.00)

What this means for allotment & listing

Because Micropro Software Solutions Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Micropro Software Solutions Limited IPO subscription FAQs