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Meta Infotech IPO opens at present: All it’s essential know earlier than subscribing


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Meta Infotech opened its preliminary public providing (IPO) for subscription at present aiming to lift Rs 80.18 crore by a contemporary challenge and provide on the market. The IPO, which closes on July 8 includes a contemporary challenge of 12.45 lakh shares aggregating to Rs 20.04 crore and a proposal on the market of 37.35 lakh shares price Rs 60.13 crore.

The corporate has set the value band at Rs 153–161 per share. Bids might be positioned for a minimal lot of 800 shares.

Meta Infotech has already raised Rs 22.58 crore from anchor traders on July 3. The corporate might be listed on the BSE SME platform with tentative itemizing scheduled for July 11.

Hem Securities is the lead supervisor for the problem, whereas Kfin Applied sciences is the registrar. Hem Finlease is the market maker.

Based in 1998, Meta Infotech presents end-to-end cybersecurity options, together with cloud safety, identification and entry administration, and endpoint safety. The corporate serves industries like banking, IT, insurance coverage, and manufacturing, and is an authorised reseller for a number of international cybersecurity OEMs.


For the monetary 12 months ending March 31, 2025, the corporate reported income of Rs 220.02 crore and revenue after tax of Rs 14.50 crore, marking a 44% and 38% year-on-year progress.Meta Infotech plans to make use of the IPO proceeds for compensation of debt, establishing new workplace infrastructure, an interactive expertise centre, and for common company functions.