Micropro Software Solutions Limited IPO Review & Recommendations
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Micropro Software Solutions Limited IPO Review
micropro software solutions private limited reviews in 1988, Mr. Hitesh Dhirajlal Parikh, Mr. Prashant Renukadas Rajurkar, and Mr. Sanjay Yadavrao Mokashi joined forces to establish 'MICROPRO' through a formal partnership. They all contributed equally to this professional endeavor, forming the entity known as 'M/s Micropro. They create, build, and tailor software solutions for different industries. If necessary, they can customize them to fit specific needs. Importantly, they handle all aspects of their services in-house and don't rely on external vendors. They're your one-stop shop for IT solutions, taking care of everything from start to finish. Their clients can trust them to handle their IT tasks, allowing them to focus on their core work. They work with a range of organizations, including government agencies, and they make electronic governance a key part of their software services.
Their Strategies are Expanding geographic footprints, investing in technology, further expanding their client base and market share through enhanced sales and marketing, Targeting new customers by increasing their presence in domestic markets and building their presence in international markets, Strengthening their business through effective branding and Customer Acquisition, Attract, develop and retain highly-skilled employees.
Micropro Software Solutions Limited Products and Services
micropro software solutions private limited Products and service are HospyCare, Distribution Management Solution OpenSys-Logix, Zip App and MR Portal, Property Tax Management, Digital Trading Platform. micropro software solutions pvt. ltd like a one-stop shop for all things IT, helping their clients handle their tech needs from start to finish. By taking care of their IT operations, they let them focus on what they do best. Their company specializes in creating and putting into action software for different groups, including government agencies. And they always make sure electronic governance is a key part of the software services
micropro software solutions private limited Competitive Strengths are Long-standing client relationships, Track record of financial performance and consistent growth, Experienced Board and Senior Management. They offer full-service network security to businesses, governments, and schools. They not only make sure their current systems are working theyll but also align them with what they need for their goals. They assist their clients in choosing the right technologies and making plans to improve efficiency and security. micropro software solutions pvt ltd prioritize their safety, compliance, and overall business performance by fine-tuning and optimizing technologies.
Financial Overview
The company works on making software and providing IT solutions. It showed growth in its earnings until FY23. The big increase in its profits in FY23 seems like a way to make it look better and get higher valuations. Looking at the earnings expected for the whole of FY24, the investment seems to be priced very high. It might be a good idea to skip this risky and expensive bet.
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