String Metaverse Ltd. is an Offer for sale of equity shares by Spacenet Enterprises India Ltd., Yaralagadda Venkat Subba Rao, Lanka Divyabharathi, and Pendurthi Annapurna through the stock exchange mechanism.
The OFS is conducted at a floor price of ₹66 per share and cut-off price of ₹[.] per share, with a face value of ₹10 per share, for an aggregate of 0.38 crore equity shares, representing an overall issue size of of and an oversubscription of equity shares.
Of the total shares offered, 0.04 crore equity shares are reserved for retail investor, with the balance of 0.34 crore equity shares allocated to non-retail investors.
The non-retail portion opens on Apr 21, 2026, followed by the retail portion on Apr 22, 2026. The OFS is conducted through the BSE.
The OFS follows a price priority allocation methodology. Retail investors are eligible for allocation at the cut-off price, while non-retail investors bid above the floor price, in accordance with exchange guidelines.
Investors are advised to refer to the OFS notice Opening of OFS and exchange circulars for detailed information, including bidding process, allocation methodology, and settlement timelines.
₹10.22
0.17 (1.69%)
Open
₹9.55
Day High - Low
₹10.50 - ₹9.55
Previous Close
₹10.05
Traded Value
53,59,731.00
No. of Trades
1,237
52 Weeks High
₹32.44 (Oct 23, 2025)
52 Weeks Low
₹7.20 (Apr 22, 2026)
Updated On: Apr 27, 2026
Record Date
Wed, Apr 22, 2026
Entitlement Ratio
Tue, Apr 21, 2026
Open Date
[.]
Listing At
BSE
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 163.46 | 116.80 |
| Total Income | 408.22 | 152.08 |
| Profit After Tax | 35.25 | 10.82 |
| Reserves and Surplus | 54.15 | 13.42 |
| Total Borrowing | 0.20 | 0.31 |
| Amount in ₹ Crore | ||
String Metaverse Ltd. is engaged in the development of immersive digital ecosystems, leveraging technologies such as virtual reality, augmented reality, blockchain, and artificial intelligence to create interactive virtual environments. The company focuses on enabling users and enterprises to connect, create, and transact within scalable and interoperable metaverse platforms.
The String Metaverse OFS April 2026 opens on April 21, 2026, and closes on April 22, 2026.
The issue size of String Metaverse OFS April 2026 company is issuing a total of 38,10,000 out of which Base issue size is 38,10,000 shares and Oversubscription Option is shares.
The Letter of Offer for String Metaverse OFS April 2026 can be download here. (Opening of Offer for Sale)
The process to apply for String Metaverse OFS April 2026:
1. Log in to your broker’s trading platform (web or mobile app).
2. Navigate to the OFS section (sometimes listed under IPO/OFS or corporate actions).
3. Select the OFS you want to apply for.
4. Enter the Number of shares you wish to buy.
5. The price you’re willing to pay per share (must be equal to or higher than the floor price or cut-off price).
Note:
Look for details about the OFS you want to participate in. This includes:
Name of the company offering shares.
Floor and Clearing Price (the minimum price set for bidding).
Offer period (dates and times when the OFS is open).
Allotment Timeline:
T Day (Transaction Day):
Investors place bids during the OFS bidding window, which typically operates during market hours (9:15 AM to 3:30 PM IST). T+1 Day (Next Working Day):
The company or the selling shareholder, along with the stock exchange, finalizes the allocation based on bids. Shares are credited to the Demat account of successful bidders. For unsuccessful bids or partial allotment, the unutilized funds are unblocked or refunded. T+2 Day (Rare Cases):
If the process involves additional reconciliation or if there’s a delay, shares may be credited by T+2 working days.
Note:
Retail and Non-Retail Investors:
The first day of the OFS is typically reserved for non-retail investors, while retail investors participate on the second day. If you bid as a retail investor, the shares are allotted after the second day.
