FREE Account Opening + No Clearing Fees
Loading...

Micropro Software Solutions IPO vs ROX Hi-Tech IPO

Comparision between Micropro Software Solutions IPO and ROX Hi-Tech IPO.

IPO Details

Micropro Software Solutions IPO is a SME Book Built Issue IPO proposed to list at NSE SME while ROX Hi-Tech IPO is a SME Book Built Issue proposed to list at NSE SME.

  Micropro Software Solutions IPO ROX Hi-Tech IPO
Logo Micropro Software Solutions IPO Logo ROX Hi-Tech IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Fixed Price Issue Book Built Issue
Listing At NSE SME NSE SME
Lead Managers Swaraj shares and securities private limited Swaraj shares and securities private limited
Registrar Purva Sharegistry India Pvt Ltd Purva Sharegistry India Pvt Ltd
Market Maker Nikunj Stock Brokers Limited Share India Securities Limited
DRHP DRHP DRHP
RHP RHP RHP
Anchor Investor Anchor Investor
IPO Allotment URL IPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Micropro Software Solutions IPO is up to ₹30.70 Cr whereas the issue size of the ROX Hi-Tech IPO is up to ₹54.49 Cr. The final issue price of Micropro Software Solutions IPO is ₹81.00 per share and of ROX Hi-Tech IPO is ₹83.00 per share.

  Micropro Software Solutions IPO ROX Hi-Tech IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹80.00 per share
Issue Price (Upper) ₹83.00 per share
Issue Price (Final) ₹81.00 per share ₹83.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 1600 shares 1600 shares
Fresh Issue Size 37,90,400 shares 60,17,600 shares
Fresh Issue Size (Amount) up to ₹30.70 Cr up to ₹49.95 Cr
OFS Issue Size 5,47,200 shares
OFS Issue Size (Amount) up to ₹4.54 Cr
Issue Size Total 37,90,400 shares 65,64,800 shares
Issue Size Total (Amount) up to ₹30.70 Cr up to ₹54.49 Cr

IPO Timetable

Micropro Software Solutions IPO opens on Nov 03, 2023, while ROX Hi-Tech IPO opens on Nov 07, 2023. The closing date of Micropro Software Solutions IPO and ROX Hi-Tech IPO is Nov 07, 2023, and Nov 09, 2023, respectively.

  Micropro Software Solutions IPO ROX Hi-Tech IPO
Anchor Bid Date Nov 06, 2023
Issue Open Nov 03, 2023 Nov 07, 2023
Issue Close Nov 07, 2023 Nov 09, 2023
Basis Of Allotment (Tentative) Nov 09, 2023 Nov 15, 2023
Initiation of Refunds (Tentative) Nov 10, 2023 Nov 16, 2023
Credit of Share (Tentative) Nov 10, 2023 Nov 16, 2023
Listing date (Tentative) Nov 10, 2023 Nov 16, 2023
Anchor Lockin End date 1 Dec 09, 2023 Dec 15, 2023
Anchor Lockin End date 2 Feb 07, 2024 Feb 13, 2024

Financials

Micropro Software Solutions IPO P/E ratio is 0.34, as compared to ROX Hi-Tech IPO P/E ratio of 9.11.

  Micropro Software Solutions IPO ROX Hi-Tech IPO
Financial

Micropro Software Solutions Limited Financial Information (Restated)

Micropro Software Solutions Limited's revenue increased by 26.32% and profit after tax (PAT) rose by 121.69% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 May 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,411.302,559.572,048.581,547.57
Revenue275.952,217.201,755.171,392.48
Profit After Tax47.65592.23267.14129.51
Net Worth1,648.211,055.98788.84
Reserves and Surplus1,670.861,623.211,030.98763.84
Total Borrowing338.03397.97592.05437.81
Amount in ₹ Lakhs

ROX Hi-Tech Limited Financial Information (Restated)

ROX Hi-Tech Limited's revenue increased by 30.12% and profit after tax (PAT) rose by 913.13% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Jul 202331 Mar 202331 Mar 202231 Mar 2021
Assets8,010.876,103.263,866.723,887.58
Revenue5,001.2013,398.8510,297.256,547.94
Profit After Tax675.891,532.97151.3166.15
Net Worth3,090.932,415.03882.06730.75
Reserves and Surplus1,409.051,667.53134.56405.75
Total Borrowing2,838.792,258.361,794.591,135.32
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 63.40% 83.29%
Promoter Shareholding (Post-Issue) 46.59%
P/E Ratio 0.34 9.11
Market Cap ₹116.48 Cr. ₹189.52 Cr.
ROE 44%% 63.48%%
ROCE 41%% 50.17%%
Debt/Equity 0.13 0.94
EPS ₹5.78 ₹9.11
RoNW 35.93%% 63.48%%

Shares Offered

In the Micropro Software Solutions IPO retail investors (RII) are offered 18,00,000 shares while in ROX Hi-Tech IPO retail investors are offered 18,00,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Micropro Software Solutions IPO and 10,51,200 shares in ROX Hi-Tech IPO.

  Micropro Software Solutions IPO ROX Hi-Tech IPO
Anchor Investor Reserveration 15,80,800 shares
Market Maker Reserveration 1,90,400 shares 8,48,000 shares
QIB 0 shares 10,51,200 shares
NII 18,00,000 shares 8,96,000 shares
RII 18,00,000 shares 21,93,600 shares
Employee 0 shares 0 shares
Others
Total 36,00,000 shares 41,40,800 shares

Bids Received (Subscription)

Micropro Software Solutions IPO subscribed 36.88x in total, whereas ROX Hi-Tech IPO subscribed 214.44x.

  Micropro Software Solutions IPO ROX Hi-Tech IPO
QIB (times) 106.25x
NII (times) 22.60x 366.86x
Big NII (times)
Small NII (times)
RII (times) 49.08x 204.02x
Employee (times)
Other (times)
Total (times) 36.88x 214.44x

Comments

Add a public comment...