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Bloomberg Quint

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Image Credit: Bloomberg Quint

Meta Infotech IPO Day 3: Check GMP, Subscription Status, Allotment And Listing Details

  • Meta Infotech Ltd. is closing its SME IPO for subscription today, aiming to raise over Rs 80 crore from the primary market with a book-building issue.
  • The IPO comprises a fresh issue of 12.45 lakh shares and an offer-for-sale portion of 37.35 lakh shares, with a price band set at Rs 161 per share.
  • The IPO has been oversubscribed by 164.69 times, with the grey market premium at Rs 43 and expected listing at a 26.71% premium against the upper price band.
  • Investors can check the allotment status on BSE and KFin Technologies websites while the company plans to list its shares on the BSE SME platform on July 11.

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