Maharashtra, India.
Initial public offer of upto 49,80,000 equity shares of face value of (₹) 10/- each (The "Equity Shares") of Meta Infotech Limited ("The Company" or "MIL" or "The Issuer") at an offer price of (₹) [*] per equity share for cash, aggregating up to (₹) [*] crores ("Public Offer") comprising of a fresh issue of upto 12,45,000 equity shares aggregating to (₹) [*] crores (The "Fresh Issue") and an offer for sale of upto 37,35,000 equity shares by the promoter selling shareholder, Venu Gopal Peruri ("Offer for Sale") aggregating to (₹) [*] crores, (Hereinafter Refferd as "Promoter Selling Shareholder") out of which [*] equity shares of face value of (₹) 10 each, at an offer price of (₹) [*] per equity share for cash, aggregating (₹) [*] crores will be reserved for subscription by the market maker to the offer (The "Market Maker Reservation Portion") and upto [*] equity shares aggregating up to (₹) [*] crores for subscription by eligible employees (As Defined Hereinafter) (The "Eemployee Reservation Portion"). The public offer less market maker reservation portion and employee reservation portion i.e. offer of [*] equity shares of face value of (₹) 10 each, at an offer price of (₹) [*] per equity share for cash, aggregating (₹) [*] crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.38 % and [*] % respectively of the post-offer paid-up equity share capital of the company.
Price Band: (₹) 153 to (₹) 161 per equity share of face value of (₹) 10 each.
The floor price is 15.3 times of the face value and the cap price is 16.1 times of the face value.
Bids can be made for the minimum of 800 equity shares and in multiples of 800 equity shares thereafter.
Minimum Application for shares in Nos :
1600
Further Multiples of :
800
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Hem Securies Ltd