Latest news with #MetaInfotechLtd
News18
09-07-2025
- Business
- News18
Meta Infotech IPO Allotment Today: A Step-By-Step Guide To Check Allotment Status, Know Latest GMP
The GMP of the Meta Infotech IPO stands at nearly 28%, indicating strong listing gains for investors; here's how to check allotment status. 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 – 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 — 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. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
08-07-2025
- Business
- News18
Meta Infotech IPO GMP: Issue Gets 23.1x Subscription So Far, To Close Today
Last Updated: The GMP of the Meta Infotech IPO stands at 33.54%, indicating strong sentiments among investors. Meta Infotech IPO Day 3: The initial public offering of Meta Infotech Ltd is going to be closed today, Tuesday, July 8. The price band of the BSE SME IPO, which aims to raise Rs 80.18 crore, has been fixed at Rs 161 apiece. Till 11:09 am on the last day of bidding on Tuesday, the issue received a 23.11 times subscription, garnering bids for 7,68,71,200 shares as against the 33,25,600 shares on offer. The retail and NII participation stood at 25.02x and 37.81x, respectively. The QIB category also received a 9.96x subscription. The IPO's grey market premium (GMP) also stood at 33.54%, indicating strong sentiments among investors. The three-day IPO was opened on July 4. Meta Infotech Limited, founded in 1998, provides end-to-end cybersecurity solutions and services across industries like banking, IT, and manufacturing. Meta Infotech IPO GMP Today According to market observers, unlisted shares of Meta Infotech Ltd are currently trading at Rs 215 against its upper IPO price of Rs 161. It means a grey market premium or GMP of Rs 54, which is 33.54% 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. The basis of allotment of the Meta Infotech IPO will be finalised on Wednesday, July 9. Its listing will take place on July 11, on both the BSE SME platform. The price of the IPO has been fixed at Rs 161 apiece. Its minimum lot size is 800. It means investors will have to apply for a minimum of 800 shares or in multiple thereof. Retail investors require a minimum capital of Rs 2,44,800 to apply for the IPO. 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.
