&w=3840&q=100)
Meta Infotech IPO booked 155x; check allotment status, GMP, listing date
According to BSE data, Meta Infotech IPO was booked 155.28 times on the last day of bidding. The issue received bids for around 555.53 million shares compared to 3.57 million equity shares on the offer.
The demand was led by non-institutional investors (NIIs), who subscribed to the allotted portion by 197.52 times, followed by qualified institutional buyers (QIBs) at 147.76 times and retail investors at 122.06 times. However, the portion booked for employees was subscribed to only 59 per cent.
Here's how to check Meta Infotech IPO allotment status:
Investors who participated in the Meta Infotech IPO can check their allotment status on the official websites of BSE or Kfin Technologies, the issue registrar.
Visit the BSE IPO allotment status page - bseindia.com/static/investors/application_statuschecksystem.aspx
Select 'Equity' as issue type
From the dropdown menu, select "Meta Infotech"
Enter your application number or PAN
Complete verification
Click on 'Search' and your allotment status will appear on the screen.
Steps to check Meta Infotech IPO allotment status on Kfin Technologies:
Go to the IPO allotment status page on the Kfin Technologies website - ris.kfintech.com/ipostatus/
Choose "Meta Infotech" from the dropdown menu
Enter your application number, Demat or PAN
Click on submit and enter the captcha to view your allotment status
Meta Infotech IPO grey market premium (GMP)
The unlisted shares of Meta Infotech were trading at ₹206 in the grey market, commanding a premium of ₹45 or 27.95 per cent compared to the upper end price of ₹161, according to the sources tracking unofficial markets.
Meta Infotech IPO details
The SME offering opened for bidding on Friday, July 4 and closed on Tuesday, July 8, 2025. Shares of Meta Infotech are scheduled to list on the BSE SME platform on Friday, July 11, 2025. The company has set the price band in the range of ₹153 to ₹161, with a lot size of 800 shares.
Hem Securities is the book-running lead manager of the issue.
About Meta Infotech
Incorporated in 1998, Meta Infotech provides cybersecurity solutions for various industries, including banking, IT and manufacturing. The company delivers comprehensive cybersecurity solutions and services for protecting and maintaining the integrity of information and systems. It procures the cybersecurity products from various international OEMs who develop solutions to ensure secure access, defence for web applications, cloud workload protection, etc. In addition, the company has entered into agreements as authorised resellers with various OEMs for the distribution of cybersecurity products, software along with its licenses and subscriptions etc.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
14 minutes ago
- Mint
Dividend stocks: LIC, Hero MotoCorp to Lupin — these shares to trade ex-date soon
A host of dividend-paying stocks are set to trade ex-dividend in the coming week, offering potential opportunities for income-focused investors. According to data available on the BSE, notable names like Life Insurance Corporation of India (LIC), Hero MotoCorp, Lupin, Zydus Lifesciences, and Pidilite Industries, among others, have declared dividend record dates between July 23 and July 25, 2025. The ex-dividend date is the cut-off date on which a stock starts trading without the value of its upcoming dividend. Investors holding the stock before this date are eligible to receive the declared dividend. Those who buy the stock on or after the ex-dividend date will not be entitled to the payout. To be eligible, investors must be on the company's books by the record date, which usually falls one working day after the ex-date. India's largest insurer, LIC, has declared an interim dividend of ₹ 12 per share for FY25. The record date is July 25, 2025. All shareholders whose names appear on LIC's register by the end of that date will be eligible to receive the dividend. The company has informed exchanges that, if approved, the dividend will be paid around September 25. Pharma major Lupin recommended a final dividend of ₹ 12 per equity share (face value: ₹ 2), translating into a 600% payout for FY25. The dividend is subject to shareholder approval at the upcoming AGM, and the record date has been fixed for July 25, 2025. The two-wheeler giant's board proposed a final dividend of ₹ 65 per share (face value: ₹ 2) during its meeting on May 13, 2025. The record date is July 24, and the dividend will be approved at the company's 42nd Annual General Meeting. Pidilite, known for its Fevicol brand, has announced a dividend of ₹ 20 per share (face value: ₹ 1), with a record date of July 23. This payout will also be subject to shareholder approval at the AGM. At its meeting on May 17, Divi's board proposed a final dividend of ₹ 30 per share (face value: ₹ 2) for FY25. The company has set July 25, 2025 as the record date for eligibility. Several other companies are also set to trade ex-dividend next week: Zydus Lifesciences: ₹ 11 per share (record date: July 25) Info Edge: ₹ 3.6 per share (record date: July 25) Union Bank of India: ₹ 4.75 per share (record date: July 25) Cholamandalam Investment and Finance: ₹ 0.70 per share (record date: July 24) Dividend season continues to offer attractive income opportunities across sectors. Investors planning to capitalise on these payouts should track record and ex-dividend dates closely to ensure eligibility. As always, experts advise factoring in the overall financial performance and dividend sustainability of companies, especially in volatile markets, before making fresh investment decisions based purely on dividend announcments. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
28 minutes ago
- Economic Times
Zee Entertainment shares fall 6% as revenue growth slides in Q1
Revenue: The company generated Rs 758 crore in Q1FY26, compared to Rs 837 crore in Q4FY25 and Rs 911 crore in Q1FY25. Subscription Revenue: Zee earned Rs 982 crore in Q1FY26, slightly down from Rs 986 crore in Q4FY25 and Rs 987 crore in Q1FY25. Other Sales and Services: Revenue from this segment significantly dropped to Rs 85 crore in Q1FY26, from Rs 360 crore in Q4FY25 and Rs 232 crore in Q1FY25. Zee Entertainment share price history Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Zee Entertainment Enterprises fell by 6.2% to their day's low of Rs 133.10 apiece on the BSE as the company reported a 14% YoY decline in its revenue from operations to Rs 1,825 crore, while the topline also witnessed a 16% quarter-on-quarter Entertainment Enterprises reported a 22% growth in its Q1FY26 consolidated net profit at Rs 144 crore versus Rs 118 crore in the year-ago period. The profit after tax (PAT) attributable to the shareholders of the company fell 24% on a sequential basis versus Rs 188 crore reported in decline in overall revenue was primarily driven by a sharp year-on-year (YoY) and quarter-on-quarter (QoQ) decrease in earnings from the 'Other sales and services' the past year, Zee share price has experienced a minor decline of 0.15%. Year-to-date (YTD), the price has increased by 9.22%, showing a positive performance so far in the current the last six months, the price has risen by 13.85%, indicating a strong upward trend. In the past three months, the price has grown by 16.31%, reflecting a notable improvement in the short term. In the past month, there has been a modest increase of 1.09%.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Economic Times
44 minutes ago
- Economic Times
Motilal Oswal predicts 25% growth in VA Tech Wabag shares, initiates coverage with ‘buy' rating; stock surges 4%
Dometic brokerage firm Motilal Oswal has initiated coverage on VA Tech Wabag (VATW), a leading water technology company, with a 'buy' rating and a target price of Rs 1,900, an upside potential of 25% from its previous closing price. ADVERTISEMENT Following the report, the stock rose 3.7% intraday on Tuesday, hitting a high of Rs 1,575 on the BSE. The target is based on a 26x FY27E P/E multiple, and is a premium to the historical average P/E of 18x, reflecting the brokerage's optimistic outlook on the company. VATW, with its strong order book, improving margins, and robust cash flow generation, is poised for substantial growth, according to Motilal Oswal's domestic brokerage firm sees VATW as a compelling investment opportunity, driven by the company's diversified and strong business model in the water treatment and management company is particularly well-positioned in executing large-scale projects in high-margin segments such as engineering, procurement, and construction (EPC), and operations and maintenance (O&M). ADVERTISEMENT Motilal Oswal emphasises that the company's focus on these areas augurs well for its margins and future brokerage firm also highlighted VATW's impressive order book, which stood at Rs 137 billion as of FY25, amounting to approximately 4.2x its FY25 revenue. This provides the company with visibility for 15-20% revenue growth over the next few years. ADVERTISEMENT The order book is rich in high-margin O&M (52% of total) and EPC (39% of total), sectors that offer long-term stability and strong cash flows. VATW's ability to secure marquee projects in the water sector, both locally and internationally, has strengthened its position as a leader in the industry. Also read: HDFC Bank shares jump 3% in 2 days after Q1 results. 5 reasons behind the move ADVERTISEMENT The brokerage noted that 'VATW's current order book provides strong revenue growth visibility for the next 3-4 years', which is expected to drive consistent revenue expansion and margin a CAGR of 17%-20% in revenue over FY25–28, VATW is set to capitalize on the growing global demand for water infrastructure and wastewater management. ADVERTISEMENT The global water and waste management market is a multi-decadal theme with emerging new areas, making VATW well-positioned to benefit from this long-term trend. Motilal Oswal underscores that the global market is expected to grow at a CAGR of 6%, reaching USD 576 billion by is set to capture a significant portion of this expanding market, especially as it is actively involved in large-scale projects that align with government initiatives in water conservation, wastewater management, and industrial water treatment.'The global water and waste management market is projected to grow at an 11% CAGR to reach USD 44 billion by 2029', Motilal Oswal noted, driven by rising water pollution, increasing environmental compliance, and water scarcity factors will fuel the demand for services that VATW offers, such as wastewater treatment, desalination, and water recycling Oswal also draws attention to VATW's strong free cash flow (FCF) generation, which is expected to average Rs 1.5 billion annually over FY25–28. This healthy cash flow, coupled with a net-cash position, supports further expansion and provides flexibility in funding capital focus on large-scale projects in the high-margin EPC and O&M sectors should continue to drive operating leverage and margin improvement over the medium term. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
