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Meta Infotech Ltd
Registered Office:
118/119 1st Flr Ackruti Star,MIDC Andheri (E) Mumbai City, Mumbai - 400093, Maharashtra, India. Phone : +91 22 6937 2500 Fax:
Email :
Website :
www.metainfotech.com/
Initial public offer of upto 49,80,000 equity shares of face value of Rs. 10/- each (The "Equity Shares") of Meta Infotech Limited ("The Company" or "MIL" or "The Issuer") at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores ("Public Offer") comprising of a fresh issue of upto 12,45,000 equity shares aggregating to Rs. [*] crores (The "Fresh Issue") and an offer for sale of upto 37,35,000 equity shares by the promoter selling shareholder, Venu Gopal Peruri ("Offer for Sale") aggregating to Rs. [*] crores, (Hereinafter Refferd as "Promoter Selling Shareholder") out of which 2,52,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the offer (The "Market Maker Reservation Portion") and upto 50,400 equity shares aggregating up to Rs. [*] crores for subscription by eligible employees (As Defined Hereinafter) (The "Eemployee Reservation Portion"). The public offer less market maker reservation portion and employee reservation portion i.e. offer of 46,77,600 equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.38 % and 24.77 % respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs. 153 to Rs. 161 per equity share of face value of Rs. 10 each. The floor price is 15.3 times of the face value and the cap price is 16.1 times of the face value. Bids can be made for the minimum of 1600 equity shares and in multiples of 800 equity shares thereafter. A discount of Rs. 10 per equity shares is being offered to eligible employees bidding in the employee reservation portion.
Issue
Opens On
Closes On
04-Jul-25
08-Jul-25
Money Payable On
Application
Allotment
153.00
0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 800
Cr
Lead Managers to the Issue
Project Cost (
.Cr)
0.00
Hem Securies Ltd
Project Financed through Current Offer (
.Cr)
76.19
Post Issue Equity Share Capital (
.Cr)
18.88
Issue Price (
)
153.00
Projects
Repayment in full or in part of certain outstanding borrowings
Funding capitalexpenditure towards establishment of new office premises at
Setup of an interactive experience centre at its registred office
General corporate purposes
Promoted By
Venu Gopal Peruri
Aditi Prasad Reddy
Bhaskar Peruri
Listing At
BSE - SME
Registrar to the Issue
No Data Available
Attention Investors:
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.