Meta Infotech Limited offers end-to-end cybersecurity services, helping companies across diverse sectors secure their digital infrastructure. Operating across industries like banking, NBFCs, IT/ITES, pharma, auto, insurance, and more, it positions itself as a critical cybersecurity partner for India's digital-first economy.

About the Company

Meta Infotech is a technology company focused on cybersecurity services including:

• Risk assessments

• Threat detection and response

• Network security

• IT infrastructure integrity

Client Base:
They cater to a broad range of industries including:

• Banking and Capital Markets

• FMCG and Pharma

• IT/ITES and Cybersecurity

• Automobile, Manufacturing, Real Estate, and more

Promoters and Leadership

The company boasts a technically proficient leadership team:

• Venu Gopal Peruri (MD): 25+ years in IT & Cybersecurity

• Mohammed Laeek Abdul Kader Golandaz (WTD): 15+ years in IT

• Rama Krishna Kishore Achuthani (WTD): 23+ years in IT & Security

• Dr. Gaurav Vinod Sharma (Tech Lead): PhD in Technology with 15 years of experience

Their combined expertise supports the company’s credibility and operations.

IPO Details

IPO Lead Players

• Book Running Lead Manager: Hem Securities Limited

• Registrar: KFin Technologies Limited

• Market Maker: Hem Finlease Pvt Ltd

These entities add credibility and transparency to the IPO process.

Financial Performance (₹ in Lakhs)

Growth Trends:

• Revenue CAGR (FY23–FY25): ~40.4%

• PAT CAGR (FY23–FY25): ~50.5%

Comment: Financial performance shows strong year-on-year growth, suggesting operational scalability and increasing demand.

Valuation Metrics

Comment: While the company's return ratios are strong, the P/E is already rich for the SME segment, and listing gains seem uncertain due to lack of momentum in grey market.

Grey Market Premium (GMP)

• Current GMP: ₹0

• Implied Listing Gain: 0%

Investor Note:
GMP is an informal, speculative indicator. It currently reflects no significant investor appetite or premium, indicating a likely flat listing.

Strengths

• Well-positioned in a high-growth sector (cybersecurity).

• Impressive revenue growth with robust profit margins.

• Backed by experienced tech-savvy leadership.

• Serves multiple critical industries ensuring revenue diversity.

Concerns

• High minimum investment ticket (₹2.57 lakh) for retail.

• No anchor investors disclosed, suggesting lukewarm pre-IPO interest.

• Heavy Offer for Sale (OFS) component reduces fresh capital usage.

• GMP is flat, indicating weak near-term sentiment.

• Valuation fully priced with limited room for early gains.

Recommendation

Given the strong fundamentals but lack of listing momentum and the fully priced valuation, the IPO appears suitable only for long-term investors who believe in the growth of the cybersecurity sector.

📉 Short-term investors should AVOID due to zero GMP and high entry cost.
📈 Long-term investors may CONSIDER if comfortable with the SME risk profile and sector.

Final Verdict

Conclusion: Meta Infotech is a quality cybersecurity player, but the IPO lacks short-term triggers. It may be worth watching for post-listing dips for long-term entry.

Disclaimer:

This article is intended for informational and educational purposes only and does not constitute investment advice. Readers are advised to consult their financial advisor before making any investment decisions. Investments in securities are subject to market risks. Please read all related documents carefully before applying for the IPO. The data provided is based on publicly available information and may be subject to change.

The Upcoming IPOs in this week and coming weeks are Asston Pharmaceuticals, CFF Fluid Control, Smarten Power Systems, Glen Industries, Travel Food Services, Anthem Biosciences, Chemkart India.

The Current active IPO are Meta Infotech, Happy Square Outsourcing Services, Cryogenic OGS.

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