Meta Infotech Ltd

Initial public offer of upto 49,80,000 equity shares of face value of Rs. 10/- each (The Equity Shares) of Meta Infotech Limited (The Company or MIL or The Issuer) at an offer price of Rs. [] per equity share for cash, aggregating up to Rs. [] crores (Public Offer) comprising of a fresh issue of upto 12,45,000 equity shares aggregating to Rs. [] 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 Rs. [] crores, (Hereinafter Refferd as Promoter Selling Shareholder) out of which [] equity shares of face value of Rs. 10 each, at an offer price of Rs. [] per equity share for cash, aggregating Rs. [] 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 Rs. [] 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 Rs. 10 each, at an offer price of Rs. [] per equity share for cash, aggregating Rs. [] 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. The price band and the minimum bid lot will be decided by the company.