Meta Infotech shares list at 40% premium over IPO price on BSE SME platform

Synopsis

Meta Infotech debuted strongly on the BSE SME platform, listing at Rs 225, a 39.75% premium over its IPO price. The Rs 80.18 crore public issue was heavily oversubscribed, particularly by HNIs. Proceeds will be used for debt repayment, a new Mumbai office, and general corporate purposes, following a year of significant revenue and profit growth.

Meta Infotech made a strong debut on the BSE SME platform today, listing at Rs 225 per share, a 39.75% premium over its IPO price of Rs 161.

The Rs 80.18 crore public issue was subscribed 166.94 times overall, with particularly strong interest from high-net-worth individuals (HNIs), whose quota was subscribed over 309 times.

The offer consisted of a fresh issue of 12.45 lakh shares (Rs 20.04 crore) and an offer for sale (OFS) of 37.35 lakh shares (Rs 60.13 crore). The net issue saw 122.01 times subscription by retail investors, 147.76 times by QIBs, and a massive 309.16 times by non-institutional investors (NIIs).

Meta Infotech, incorporated in 1998, specializes in end-to-end cybersecurity solutions across sectors including banking, IT, insurance, and manufacturing.

The company offers consulting, implementation, and managed services, and is also an authorized reseller of cybersecurity solutions from global OEMs. As of March 2025, it employed 265 professionals and maintained a strong client base and partnerships across India.

In financial performance, Meta Infotech reported a 44% rise in revenue to Rs 220.02 crore and 38% growth in net profit to Rs 14.50 crore in FY25.

The proceeds from the fresh issue will be used to repay borrowings, establish a new office and an experience centre in Mumbai, and for general corporate purposes.

The IPO was managed by Hem Securities, with KFin Technologies as the registrar. With robust demand and a healthy GMP, Meta Infotech is expected to make a strong debut.

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