Comparison between Meta Infotech IPO and Smarten Power Systems IPO.
Meta Infotech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Smarten Power Systems IPO is a SME Fixed Price proposed to list at NSE SME.
| Meta Infotech IPO | Smarten Power Systems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Arihant Capital Markets Ltd. |
| Registrar | Kfin Technologies Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Arihant Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Meta Infotech IPO is up to ₹76.09 Cr whereas the issue size of the Smarten Power Systems IPO is up to ₹47.50 Cr. The final issue price of Meta Infotech IPO is ₹161.00 per share and of Smarten Power Systems IPO is ₹100.00 per share.
| Meta Infotech IPO | Smarten Power Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹153.00 per share | |
| Issue Price (Upper) | ₹161.00 per share | |
| Issue Price (Final) | ₹161.00 per share | ₹100.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹10.00 per share | |
| Market Lot Size | 800 shares | 1200 shares |
| Fresh Issue Size | 9,93,000 shares | 37,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.98 Cr | up to ₹37.50 Cr |
| OFS Issue Size | 37,35,000 shares | 9,99,600 shares |
| OFS Issue Size (Amount) | up to ₹60.11 Cr | up to ₹10.00 Cr |
| Issue Size Total | 47,28,000 shares | 47,49,600 shares |
| Issue Size Total (Amount) | up to ₹76.09 Cr | up to ₹47.50 Cr |
Meta Infotech IPO opens on Jul 04, 2025, while Smarten Power Systems IPO opens on Jul 07, 2025. The closing date of Meta Infotech IPO and Smarten Power Systems IPO is Jul 08, 2025, and Jul 09, 2025, respectively.
| Meta Infotech IPO | Smarten Power Systems IPO | |
|---|---|---|
| Anchor Bid Date | Jul 03, 2025 | |
| Issue Open | Jul 04, 2025 | Jul 07, 2025 |
| Issue Close | Jul 08, 2025 | Jul 09, 2025 |
| Basis Of Allotment (Tentative) | Jul 09, 2025 | Jul 10, 2025 |
| Initiation of Refunds (Tentative) | Jul 10, 2025 | Jul 11, 2025 |
| Credit of Share (Tentative) | Jul 10, 2025 | Jul 11, 2025 |
| Listing date (Tentative) | Jul 11, 2025 | Jul 14, 2025 |
| Anchor Lockin End date 1 | Aug 07, 2025 | |
| Anchor Lockin End date 2 | Oct 06, 2025 |
Meta Infotech IPO P/E ratio is 19.58, as compared to Smarten Power Systems IPO P/E ratio of 11.75.
| Meta Infotech IPO | Smarten Power Systems IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)Meta Infotech Ltd.'s revenue increased by 44% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Smarten Power Systems Ltd.'s revenue increased by 2% and profit after tax (PAT) rose by 13% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 94.94 | 91.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.9 | 67.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.58 | 11.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹303.99 Cr. | ₹190.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 38.88 | 39.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 37.81 | 32.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.39 | 0.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.22 | ₹8.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.55 | 33.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Meta Infotech IPO Retail Individual Investors (RII) are offered 16,37,600 shares while in Smarten Power Systems IPO retail investors are offered 16,37,600 shares. Qualified Institutional Buyers (QIB) are offered 9,35,200 shares in Meta Infotech IPO and 0 shares in Smarten Power Systems IPO.
| Meta Infotech IPO | Smarten Power Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,02,400 shares | |
| Market Maker Reservation | 2,52,000 shares | 2,50,800 shares |
| QIB | 9,35,200 shares | 0 shares |
| NII | 7,02,400 shares | 23,74,800 shares |
| RII | 16,37,600 shares | 23,74,800 shares |
| Employee | 50,400 shares | |
| Others | ||
| Total | 47,28,000 shares | 47,49,600 shares |
Meta Infotech IPO subscribed 166.94x in total, whereas Smarten Power Systems IPO subscribed 5.51x.
| Meta Infotech IPO | Smarten Power Systems IPO | |
|---|---|---|
| QIB (times) | 147.76x | |
| NII (times) | 309.16x | 6.31x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 122.01x | 4.66x |
| Employee (times) | 0.59x | |
| Other (times) | ||
| Total (times) | 166.94x | 5.51x |
