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India Gazette
7 hours ago
- Business
- India Gazette
Meta Infotech Limited launches 80.18 crore IPO
HT Syndication New Delhi [India], July 2: Meta Infotech Limited, engaged in providing comprehensive cybersecurity solutions and services across multiple industries, has announced the launch of its Initial Public Offering (IPO) on the BSE SME platform. The IPO will open on July 4, 2025, and close on July 8, 2025, with a price band of 153 to 161 per equity share of face value 10 each. The issue comprises a fresh issue and offer for sale of 12,45,000 & 37,35,000 equity shares respectively , aggregating to 49,80,000 shares with an issue size of 80.18 crore at the upper price band. The issue is being managed by Hem Securities Limited. KFin Technologies Limited is acting as the registrar to the issue. The lot size is 800 equity shares and the minimum application is for 1,600 equity shares. Allocation is as follows: * 23,37,600 shares for Qualified Institutional Buyers (QIB) 7,02,400 shares for Non-Institutional Investors (NII) 16,37,600 shares for Individual Investors (II) 50,400 shares for Employees 2,52,000 shares for Market Makers. Utilization of Proceeds: * Funding capital expenditure towards new premises * Setup of an interactive experience centre at registered office. * Repayment in full or in part, of certain of our outstanding borrowings * General corporate purposes like funding growth opportunities, brand building and other strategic initiatives. Company Overview Established in 1998 and headquartered in Mumbai, Meta Infotech Limited transitioned into the cybersecurity domain in 2010. The company delivers a wide range of cybersecurity solutions including Secure Access Service Edge (SASE), database security, endpoint detection and response, cloud security, identity and network security, and managed services. As of March 2025, it has a workforce of over 265 employees and serves clients across banking, capital markets, insurance, IT/ITES, and other industries. Offices are located in Mumbai and Hyderabad. Financial Highlights (FY25): * Revenue: 218.82 crore * EBITDA: 22.24 crore * PAT: 14.50 crore * ROE: 32.55% * ROCE: 37.81% * Debt/Equity: 0.39 * Order Book: 573.13 crore (as on April 30, 2025) Leadership * Mr. Venu Gopal Peruri, Chairman & Managing Director * Mr. Mohammed Laeek, Whole-Time Director * Mr. Rama Krishna Kishore, Whole-Time Director Investor and Media Contact: Corporate Communications - Meta Infotech Limited Meta Infotech Ltd. 118/119, 1st Floor, Ackruti Star, Opp. Ackruti Centre Point, MIDC, Andheri (East), Mumbai- 400093. Email: [email protected] Website: Forward-Looking Statement: Certain statements in this release may be forward-looking in nature, involving risks and uncertainties that may cause actual outcomes to differ materially. Meta Infotech Limited does not undertake to update these statements publicly. (ADVERTORIAL DISCLAIMER: The above press release has been provided by HT Syndication. ANI will not be responsible in any way for the content of the same)
The Wire
10 hours ago
- Business
- The Wire
Cyrogenic OGS Limited IPO Opens on July 3, 2025
New Delhi [India], July 2: Cryogenic OGS Limited is a comprehensive solutions provider, offering end-to-end services in design, process engineering, manufacturing, and assembly. The company supplies critical products such as basket strainers, air eliminators, Truck and Wagon Loading Skids to oil and gas terminal Automation Project throughout India, serving major industry players. Cyrogenic OGS Limited proposes to open its Initial Public Offering on Thursday, July 3, 2025 aiming to raise ₹ 17.77 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform. Highlights: • Total Issue Size – 37,80,000 Equity Shares of ₹ 10 each • IPO Size - ₹17.77 Crore (At Upper Band) • Price Band - ₹ 44 - ₹ 47 Per Share • Lot Size - 3,000 Equity Shares Equity Share Allocation • Anchor Portion – Not more than 10,74,000 Equity Shares • Qualified Institutional Buyer – Not more than 7,17,000 Equity Shares • Non-Institutional Investors - Not less than 5,40,000 Equity Shares • Individual Investors - Not less than 12,60,000 Equity Shares • Market Maker - 1,89,000 Equity Shares The net proceeds from the ipo will be utilized to meet the company's working capital needs and general corporate purpose. The anchor portion will open on July 2, 2025 and issue will close on July 07, 2025. The Book Running Lead Manager to the Issue is Beeline Capital Advisors Private Limited, and MUGF Intime India Private Limited is the Registrar to the Issue. Mr., Nilesh Natwarlal Patel Chairman and Managing Director, Cyrogenic OGS Limited, stated, 'This IPO marks a pivotal moment in our journey. With increased capital, we aim to strengthen our operations and expands market reach.' About Cryogenic OGS Limited: Cryogenic OGS Limited is a comprehensive solutions provider, offering end-to-end services in design, process engineering, manufacturing, and assembly. The company supplies critical products such as basket strainers, air eliminators, Truck and Wagon Loading Skids to oil and gas terminal Automation Project throughout India, serving major industry players. The company has obtained multiple registrations and certifications that strengthen business and enhance company's ability to secure orders from prestigious clients. The quality management system is ISO 9001:2015 certified for the manufacture and supply of various products, including Chemical Dosing Skids, Additive and Blue Dye Dosing Skids, Basket Strainers, Strainer-cum-Air Eliminators, Air Eliminators, Vapour Eliminators, Gas Metering Skids, Pressure Reduction Skids, Filtration Skids, Liquid Metering Skids, Prover Tanks, Additive Injection Panels, and Batch Blending Vessels. Additionally, our manufacturing facility and processes are ISO 45001:2018 certified for Occupational Health and Safety Management Systems, and ISO 14001:2015 certified for adhering to standard Environmental Management Systems. In FY25, The Company achieved a Revenue of ₹ 3, 290.46 Lakhs, Operating EBITDA of ₹ 796.14 Lakhs & PAT of ₹ 612.26 Lakhs. In FY24, the Company Achieved a Revenue of ₹ 2,425.41 Lakhs, Operating EBITDA of ₹ 638.59 Lakhs, & PAT of ₹ 534.50 Lakhs. Disclaimer: Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.).
Time of India
10 hours ago
- Automotive
- Time of India
Supertech EV to debut today. Muted GMP signals cautious debut
Electric two-wheeler and e-rickshaw maker Supertech EV will debut on the BSE SME platform on July 2 after closing its Rs 29.90 crore IPO last week. Ahead of the listing, the stock is commanding a GMP of just Rs 0.5, indicating a subdued listing pop of 0.5% over the issue price of Rs 92. The IPO, which was entirely a fresh issue of 32.5 lakh shares, was open from June 25 to June 27 and priced in a tight band with a single cut-off price. The listing comes on the back of moderate investor interest, particularly in the retail and HNI segments, with no offer-for-sale component. Despite the lukewarm GMP, analysts say the long-term opportunity in the electric mobility space could play in Supertech EV's favour. Incorporated in 2022, the Delhi-based company has carved a niche in the EV manufacturing segment with 12 models in its portfolio — including eight electric scooters and four e-rickshaw variants. Its pan-India network of over 445 distributors across 19 states suggests a strong last-mile retail presence. Supertech reported a 15% jump in revenue and 23% rise in PAT in FY25 over the previous year. Its net profit for FY25 stood at Rs 6.19 crore, on revenue of Rs 75.19 crore. The company plans to use the IPO proceeds to fund working capital needs (Rs 16.5 crore), repay a portion of existing borrowings (Rs 3 crore), and for general corporate purposes. While the GMP doesn't suggest fireworks on debut, market watchers believe Supertech EV's differentiated presence in the EV space and wide distribution may attract long-term investors, especially if the stock dips in the early days of trade.
Business Standard
11 hours ago
- Business
- Business Standard
Meta Infotech Limited launches ₹80.18 crore IPO
HT Syndication New Delhi [India], July 2: Meta Infotech Limited, engaged in providing comprehensive cybersecurity solutions and services across multiple industries, has announced the launch of its Initial Public Offering (IPO) on the BSE SME platform. The IPO will open on July 4, 2025, and close on July 8, 2025, with a price band of ₹153 to ₹161 per equity share of face value ₹10 each. The issue comprises a fresh issue and offer for sale of 12,45,000 & 37,35,000 equity shares respectively , aggregating to 49,80,000 shares with an issue size of ₹80.18 crore at the upper price band. The issue is being managed by Hem Securities Limited. KFin Technologies Limited is acting as the registrar to the issue. The lot size is 800 equity shares and the minimum application is for 1,600 equity shares. Allocation is as follows: * 23,37,600 shares for Qualified Institutional Buyers (QIB) • 7,02,400 shares for Non-Institutional Investors (NII) • 16,37,600 shares for Individual Investors (II) • 50,400 shares for Employees • 2,52,000 shares for Market Makers. Utilization of Proceeds: * Funding capital expenditure towards new premises * Setup of an interactive experience centre at registered office. * Repayment in full or in part, of certain of our outstanding borrowings * General corporate purposes like funding growth opportunities, brand building and other strategic initiatives. Company Overview Established in 1998 and headquartered in Mumbai, Meta Infotech Limited transitioned into the cybersecurity domain in 2010. The company delivers a wide range of cybersecurity solutions including Secure Access Service Edge (SASE), database security, endpoint detection and response, cloud security, identity and network security, and managed services. As of March 2025, it has a workforce of over 265 employees and serves clients across banking, capital markets, insurance, IT/ITES, and other industries. Offices are located in Mumbai and Hyderabad. Financial Highlights (FY25): * Revenue: ₹218.82 crore * EBITDA: ₹22.24 crore * PAT: ₹14.50 crore * ROE: 32.55% * ROCE: 37.81% * Debt/Equity: 0.39 * Order Book: ₹573.13 crore (as on April 30, 2025) Leadership * Mr. Venu Gopal Peruri, Chairman & Managing Director * Mr. Mohammed Laeek, Whole-Time Director * Mr. Rama Krishna Kishore, Whole-Time Director Investor and Media Contact: Corporate Communications - Meta Infotech Limited Meta Infotech Ltd. 118/119, 1st Floor, Ackruti Star, Opp. Ackruti Centre Point, MIDC, Andheri (East), Mumbai- 400093. Email: info@ Website: Forward-Looking Statement: Certain statements in this release may be forward-looking in nature, involving risks and uncertainties that may cause actual outcomes to differ materially. Meta Infotech Limited does not undertake to update these statements publicly.
Economic Times
13 hours ago
- Business
- Economic Times
Neetu Yoshi IPO GMP signals up to 29% listing gain; BSE debut on July 4
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The grey market premium (GMP) for Neetu Yoshi's SME IPO is signalling a strong debut, with shares trading at a premium of Rs 22–24 over the issue price of Rs 75 as of July 2. This suggests a potential listing gain of up to 29% when the stock debuts on the BSE SME platform on July IPO, which closed on July 1, was subscribed 119.19 times, reflecting strong investor appetite. Non-institutional investors led the charge with 189.73 times subscription, followed by QIBs at 96.36 times, and retail investors at 91.21 Read: 10 Nifty smallcaps with up to 29 buy calls; analysts see up to 26% upside Neetu Yoshi raised Rs 77.04 crore through the sale of 1.02 crore equity shares at a fixed price. The company plans to use Rs 50.8 crore from the proceeds to establish a new manufacturing facility, with the balance allocated for general corporate of the IPO, Neetu Yoshi also secured Rs 21.90 crore from anchor investors, indicating early institutional in 2020, the Uttarakhand-based company specialises in customised ferrous metallurgical products for the Indian Railways. Its product line includes brake beams, axle boxes, coupling components, and suspension castings—ranging from 0.2 kg to 500 kg. As an RDSO-certified vendor, it plays a critical role in supplying components essential to railway braking and propulsion issue was managed by Horizon Management, with Skyline Financial Services acting as the strong fundamentals, high subscription, and positive grey market signals, investors are now eyeing the stock's debut on July 4.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
