Meta Infotech Makes a Stunning Market Entry

Meta Infotech debuted on the BSE SME platform with its shares listing at Rs 225, marking a 39.75% premium over the IPO price of Rs 161. This remarkable opening reflects the high investor confidence in the company's growth trajectory.

Overwhelming Response to the IPO

The public offering, valued at Rs 80.18 crore, was oversubscribed by an impressive 166.94 times. High-net-worth individuals led the charge, oversubscribing their quota by 309 times, showcasing the strong demand for Meta Infotech's shares.

Financial Highlights and Future Prospects

With a revenue increase of 44% to Rs 220.02 crore and a net profit rise of 38% to Rs 14.50 crore in FY25, Meta Infotech's financial health is robust. The company, established in 1998, specializes in cybersecurity solutions across various sectors, promising a bright future in the digital security domain.