| 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.
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