Shares of Meta Infotech made an impressive entrance on the stock exchanges latest this week, opening at Rs.225 on BSE SME, reflecting a 39.75 percent premium over its IPO price of Rs.161.

The IPO for the SME, with a total size of Rs.80.18 crore, was available for bidding between July 4 and July 8, which attracted significant interest from investors, achieving a subscription rate of 166.94 times.

During the three-day bidding period, the IPO received requests for 55.51 crore shares compared to the 33.25 lakh shares that were available. The retail investor segment was oversubscribed by 122.01 times its allocated share. The non-institutional investor (NII) section also displayed remarkable engagement, with a subscription rate of 309.16 times. Meanwhile, the qualified institutional buyer (QIB) segment attracted bids that were 147.76 times the number of shares set aside for it.

The IPO consists of a fresh issue of 12.45 lakh shares totaling Rs.20.04 crore and an offer for sale of 37.35 lakh shares worth Rs.60.13 crore. The lot size for the IPO is 800 shares, with the minimum investment required for individual retail investors fixed at Rs.2.44 lakh, corresponding to 1,600 shares. Furthermore, the offer includes a portion reserved for eligible employees, amounting to up to 50,400 shares, who will benefit from a Rs.10 discount per share on the issue price.

Also Read: India to Diversify the Semiconductor Supply Chain through Semicon 2.0

Meta Infotech intends to utilize the net funds raised from its IPO for the full or partial repayment of specific outstanding debts, funding capital expenditures for establishing a new office, setting up an interactive experience center at its registered office, and for general corporate needs.

On Thursday, July 3, 2025, Meta Infotech raised Rs.22.58 crore from anchor investors before its IPO.

Kfin Technologies Limited is serving as the registrar for the issue, while Hem Securities Limited is the book-running lead manager. Additionally, Hem Finlease Private Limited has been designated as the market maker for the IPO.

Founded in 1998, Meta Infotech Limited operates within the cybersecurity industry, serving various sectors such as banking, information technology, and manufacturing.

Also Read: Is Starlink Bringing an Internet Revolution to India?

The company offers comprehensive cybersecurity services that encompass consulting, implementation, and long-term support, with a strong emphasis on ensuring data integrity and system security.

Meta Infotech also acts as an authorized reseller of cybersecurity solutions created by global OEMs, providing specialized services such as secure access and cloud workload protection.