Meta Infotech Ltd |
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Registered Office: 118/119 1st Flr Ackruti Star, MIDC Andheri (E) Mumbai City, Mumbai - 400093, Maharashtra |
Phone: 1 |
Email: 1 |
Website: 1 |
Initial public offer of upto 49,80,000 equity shares of face value of Rs. 10/- each (The "Equity Shares") of Meta Infotech Limited ("The Company" or "MIL" or "The Issuer") at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores ("Public Offer") comprising of a fresh issue of upto 12,45,000 equity shares aggregating to Rs. [*] crores (The "Fresh Issue") and an offer for sale of upto 37,35,000 equity shares by the promoter selling shareholder, Venu Gopal Peruri ("Offer for Sale") aggregating to Rs. [*] crores, (Hereinafter Refferd as "Promoter Selling Shareholder") out of which 2,52,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the offer (The "Market Maker Reservation Portion") and upto 50,400 equity shares aggregating up to Rs. [*] crores for subscription by eligible employees (As Defined Hereinafter) (The "Eemployee Reservation Portion"). The public offer less market maker reservation portion and employee reservation portion i.e. offer of 46,77,600 equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.38 % and 24.77 % respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs. 153 to Rs. 161 per equity share of face value of Rs. 10 each. The floor price is 15.3 times of the face value and the cap price is 16.1 times of the face value. Bids can be made for the minimum of 1600 equity shares and in multiples of 800 equity shares thereafter. A discount of Rs. 10 per equity shares is being offered to eligible employees bidding in the employee reservation portion. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
04-Jul-2025 | 08-Jul-2025 | 153.00 - 161.00 | 0.00 - 0.00 |
Cr. | Lead Managers to the Issue |
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Project Cost | 0.00 |
Project Financed through Current Offer | 76.19 |
Post Issue Equity Share Capital | 18.88 |
Issue Price | 153.00 |
Projects |
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Repayment in full or in part of certain outstanding borrowings |
Funding capitalexpenditure towards establishment of new office premises at |
Setup of an interactive experience centre at its registred office |
General corporate purposes |
Promoted By |
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Venu Gopal Peruri |
Aditi Prasad Reddy |
Bhaskar Peruri |
BSE - SME |
Registrar to the Issue |
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