New Delhi, July 11 -- Shares of Meta Infotech made a robust debut on the bourses on Friday, July 11, listing at Rs.225 on BSE SME, a premium of 39.75 percent from its IPO price of Rs.161.
The SME initial public offering (IPO), with a total issue size of Rs.80.18 crore, was open for bidding from July 4 to July 8. The offering received a overwhelming overall response from investors, closing with a subscription of 166.94 times.
During the three-day subscription window, the IPO garnered bids for 55.51 crore shares against the 33.25 lakh shares available. The retail investor category was subscribed 122.01 times their allotted quota. The non-institutional investor (NII) segment also showed exceptional participation, with a 309.16 times subscr...
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