Meta Infotech IPO GMP: Issue Gets 23.1x Subscription So Far, To Close Today

Meta Infotech IPO GMP: Issue Gets 23.1x Subscription So Far, To Close Today Reported By : News18.com Last Updated: July 08, 2025, 11:37 IST The GMP of the Meta Infotech IPO stands at 33.54%, indicating strong sentiments among investors. Meta Infotech IPO. Meta Infotech IPO Day 3: The initial public offering of Meta Infotech Ltd is going to be closed today, Tuesday, July 7. 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. Recommended Stories 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. Meta Infotech IPO Allotment And Listing Dates 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. Meta Infotech IPO Price And Lot Size 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. 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. top videos View all Swipe Left For Next Video View all 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. About the Author Mohammad Haris Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso... Read More Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso... Read More First Published: July 08, 2025, 11:36 IST