Meta Infotech IPO Allotment Today: A Step-By-Step Guide To Check Allotment Status, Know Latest GMP
Meta Infotech IPO Allotment Status: The basis of allotment for the shares of Meta Infotech Ltd will be finalised today, July 9, in the evening. The IPO, which closed on Wednesday, July 8, got a huge response among investors, receiving a whopping 166.94 times subscription on the last day of the three-day bidding. As a result, its GMP currently stands at 27.95%, indicating strong listing gains for investors. Here's how to check allotment status:
The allotment status of the Meta Infotech IPO can be checked online on the websites of the BSE as well as registrar Kfin Technologies. Investors will also receive a bank alert via SMS about debit (in case of allotment) or unblock (in case of non-allotment) of their funds.
Via Kfin Technologies
1. Visit Kfin Technologies' portal – https://ipostatus.kfintech.com/.
2. Choose 'Meta Infotech Limited' from the drop-down list under 'Select IPO'.
3. Choose 'Application No', 'Demat Account', or 'PAN'
4. Enter your Application No, Demat Account or PAN (whatever you have chosen in the previous step)
5. Enter Captcha and hit 'Submit'.
Your share application status will appear on your screen.
1. Go to the official BSE website via the URL — https://www.bseindia.com/investors/appli_check.aspx.
2. Under 'Issue Type', select 'Equity'.
3. Under 'Issue Name', select 'Meta Infotech Ltd' in the dropbox.
4. Enter your application number, or the Permanent Account Number (PAN). Those who want to check their allotment status via PAN can select the 'Permanent Account Number' option.
5. Then, click on the 'I am not a robot' to verify yourself and hit the 'Search' option.
Your share application status will appear on your screen.
Meta Infotech IPO GMP Today
According to market observers, unlisted shares of Meta Infotech Ltd are currently trading at Rs 206 against its upper IPO price of Rs 161. It means a grey market premium or GMP of Rs 45, which is 27.95% over its issue price, indicating strong listing gains.
The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price.
On the last day of bidding on Tuesday, the issue received a 166.94 times subscription, garnering bids for 55,51,70,400 shares as against the 33,25,600 shares on offer. The retail and NII participation stood at 122.01x and 309.16x, respectively. The QIB category also received a 147.76x subscription.
The IPO, which aimed to raise Rs 80.18 crore, was open for public subscription between July 4 and July 8.
Meta Infotech IPO Listing Date
The shares of Meta Infotech Ltd will be listed on the BSE SME platform on July 11.
Meta Infotech IPO Price
The price of the IPO was fixed at Rs 161 apiece.
Meta Infotech IPO: More Info
The Meta Infotech IPO, which is a book-building of Rs 80.18 crores, is a combination of fresh issue of 12.45 lakh shares aggregating to Rs 20.04 crore and an offer for sale of 37.35 lakh shares aggregating to Rs 60.13 crore.
The issue includes a reservation of up to 50,400 shares for employees offered at a discount of Rs 10 to the issue price.
Meta Infotech's revenue increased 44% and profit after tax (PAT) rose 38% between the financial year ending with March 31, 2025 and March 31, 2024.
Hem Securities Limited is the book-running lead manager of the Meta Infotech IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Meta Infotech IPO is Hem Finlease Private Limited.
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