Meta Infotech IPO Off to a Strong Start; Subscribed 2.90 Times on Day 1
By Shishta Dutta | Published at: Jul 4, 2025 05:48 PM IST
July 4, 2025: Meta Infotech Limited’s 80.18 crore IPO opened today to a strong response on the first day. By 5:04:40 PM on July 4, 2025, the public issue was subscribed 1.89 times in the retail investor category, 5.13 times by qualified institutional buyers (QIBs), and 2.52 times in the non-institutional investor (NII) category.
The company, a well-established provider of cybersecurity solutions, aims to list on the BSE SME platform and intends to raise capital through a combination of fresh issues and offers for sale (OFS).
IPO Details: Issue Size and Price Band
- Total Issue Size: ₹80.18 crore
- Fresh Issue: ₹20.04 crore
- Offer for Sale (OFS): 37.35 lakh shares worth ₹60.13 crore
- Price Band: ₹153 to ₹161 per share
- Lot Size: 800 shares
- Retail Min. Investment: ₹2,44,800 for 2 lots
- HNI Min. Investment: ₹3,86,400 for 3 lots
- Anchor Investment Raised: ₹22.58 crore on July 3, 2025
Key Dates
| Event | Date |
|---|---|
| Offer Period | July 4 to July 8, 2025 |
| Allotment | July 9, 2025 |
| Refunds Initiated | July 10, 2025 |
| Shares Credited | July 10, 2025 |
| Listing | July 11, 2025 |
| Mandate End | July 23, 2025 |
Day 1 Subscription Status (As of 5:00 PM, July 4)
The IPO received a total of 2,210 applications, covering 96.69 lakh shares against 35.77 lakh shares on offer:
- Qualified Institutional Buyers (QIBs): Subscribed 5.13x
- FIIs: 1 application, 1.88 lakh shares
- Others: 9 applications, 46.05 lakh shares
- Non-Institutional Investors (NIIs): Subscribed 1.42x
- Bids > ₹10L: 2.89x
- Bids ≤ ₹10L: 1.79x
- Retail Investors (2-lot category): Subscribed 1.89x
- Employees: Subscribed 0.06x
Utilisation of Proceeds
Meta Infotech plans to deploy the IPO proceeds for:
- Repayment of certain borrowings
- Capital expenditure for the new office setup in Mumbai
- Establishment of an interactive experience centre
- General corporate purposes
About the Company
Founded in 1998, Meta Infotech provides a comprehensive suite of cybersecurity services, including cloud security, endpoint protection, and identity management. It caters to a diversified base of clients across BFSI, IT, insurance, and manufacturing sectors.
For FY25, the company reported:
- Revenue: ₹220.02 crore (44% YoY growth)
- Net Profit: ₹14.50 crore (38% YoY growth)
Outlook Ahead
With full subscription already achieved on Day 1 and strong demand across institutional and retail categories, Meta Infotech’s IPO is off to a promising start. Investors have shown confidence in the company’s growth trajectory and strategic focus on cybersecurity infrastructure.
The IPO remains open until July 8, offering further opportunities for retail and HNI participation.
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