Meta Infotech Reports Full Utilization of IPO Funds for Debt Repayment, Capital Expenditure Plans Pending

2 min read     Updated on 11 Nov 2025, 11:26 PM
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Reviewed by
Shraddha JScanX News Team
Overview

Meta Infotech Limited, listed on BSE SME Platform, has disclosed its IPO fund utilization for the half-year ended September 30, 2025. The company raised Rs. 80.18 crore through its IPO, with net proceeds of Rs. 17.48 crore. Full utilization of Rs. 15.35 crore for debt repayment has been reported, while funds for capital expenditure remain unused. The unutilized funds are temporarily invested in fixed deposits. The company affirms no deviation from stated IPO fund utilization objectives.

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*this image is generated using AI for illustrative purposes only.

Meta Infotech Limited , a company recently listed on the BSE SME Platform, has disclosed its IPO fund utilization status for the half-year ended September 30, 2025. The company, which completed its Initial Public Offering (IPO) earlier this year, has reported full utilization of funds allocated for debt repayment while capital expenditure plans remain pending.

IPO Details and Fund Allocation

Meta Infotech's IPO, which concluded with the company's listing on July 11, 2025, involved the issuance of 49,80,000 equity shares at Rs. 161 per share. The total funds raised amounted to Rs. 80.18 crore, of which Rs. 20.04 crore came from the fresh issue of shares.

After deducting issue expenses of Rs. 2.53 crore, the net proceeds available for utilization stood at Rs. 17.48 crore. The company had outlined specific objectives for the use of these funds:

Objective Allocation (Rs. in crore) Utilization (Rs. in crore)
Repayment of outstanding borrowings 15.35 15.35
Capital expenditure for new office premises 1.20 Not Utilized
Setup of interactive experience center 0.91 Not Utilized
General corporate purposes 0.02 0.02
Total 17.48 15.37

Full Utilization for Debt Repayment

The company reports complete utilization of the Rs. 15.35 crore allocated for debt repayment. This amount was used to settle outstanding borrowings, with Rs. 12.15 crore directed towards working capital and Rs. 3.20 crore for term loans.

Pending Capital Expenditure Plans

Notably, the funds earmarked for capital expenditure remain unutilized:

  1. Rs. 1.20 crore allocated for establishing new office premises at Unit no. 911, 9th Floor, MINT Sahar, Andheri-Kurla Road, Andheri East, Mumbai.
  2. Rs. 0.91 crore set aside for setting up an interactive experience center at the company's registered office.

Management of Unutilized Funds

Meta Infotech states that the unutilized proceeds have been temporarily invested in fixed deposits, ensuring the funds remain liquid and ready for deployment when needed.

Financial Performance

While the fund utilization report does not provide detailed financial results, it mentions that the company's unaudited financial results for the half-year ended September 30, 2025, have been approved by the Board of Directors based on the Audit Committee's recommendation.

Compliance and Transparency

The company affirms that there has been no deviation from the stated objectives of the IPO fund utilization. This report, submitted in compliance with SEBI regulations, demonstrates Meta Infotech's commitment to transparency in its post-IPO operations.

As Meta Infotech progresses with its business plans, investors and market observers will likely keep a close watch on the execution of the pending capital expenditure projects and their potential impact on the company's future growth and performance.

Historical Stock Returns for Meta Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+4.18%-1.45%-2.69%-42.48%-42.48%-42.48%
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Meta Infotech Secures Rs 807.52 Lakhs in Cloud Security Orders

1 min read     Updated on 06 Nov 2025, 06:35 PM
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Reviewed by
Shriram SScanX News Team
Overview

Meta Infotech Limited has received fresh and renewal purchase orders totaling Rs 807.52 lakhs for its cloud-based security services. The orders include a mix of annual subscriptions for security services, support, and implementation. The largest order is a 3-year subscription worth Rs 559.80 lakhs. Contract periods range from 9 months to 3 years, with a combination of fresh subscriptions and renewals.

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*this image is generated using AI for illustrative purposes only.

Meta Infotech Limited , a player in the cloud-based security services sector, has announced a significant boost to its order book. The company has received fresh and renewal purchase orders totaling Rs 807.52 lakhs for its cloud-based security services, marking a notable development in its business operations.

Order Details

The company provided a breakdown of the orders received:

Sr. No. Order Description Nature Amount (Rs. in lakhs) Contract Period Order Type
1 Annual subscription for cloud-based security & support services Product 3.21 01.11.2025 – 31.10.2026 Fresh
16.05 Renewal
2 Annual subscription for cloud-based security & support services Product 146.69 23.10.2025 – 22.10.2026 Renewal
3 Annual subscription for cloud-based security & implementation of services Product & Services 30.60 17.10.2025 – 31.07.2026 Fresh
4 Annual subscription for cloud-based security Product 559.80 28.10.2025 - 27.10.2028 Fresh
5 Annual subscription for cloud-based security Product 1.93 31.10.2025 – 30.10.2026 Fresh
49.24 Renewal
Total 807.52

Key Highlights

  • The largest order, valued at Rs 559.80 lakhs, is for a 3-year cloud-based security subscription.
  • Contract periods for these orders range from 9 months to 3 years.
  • The orders include a mix of fresh subscriptions and renewals for security support services, implementation services, and security solutions.

Meta Infotech stated that all orders were received in the ordinary course of business. This announcement follows a previous disclosure made by the company on October 28, 2025, indicating a consistent flow of business in the cloud security sector.

The diverse range of contract periods and the mix of fresh and renewal orders suggest a balanced approach to customer acquisition and retention by Meta Infotech. The substantial three-year contract, in particular, may provide the company with a degree of revenue stability in the medium term.

As the demand for cloud-based security services continues to grow globally, Meta Infotech's latest order acquisitions could be seen as a positive indicator of its market position and the ongoing need for robust security solutions in the digital space.

Historical Stock Returns for Meta Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+4.18%-1.45%-2.69%-42.48%-42.48%-42.48%
Meta Infotech
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