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Recently listed
Meridian SaaS Labs
Software / ITNSE, BSE
₹665
+3.6% since issue price of ₹642
Price band
₹610–642
Issue price
₹642
Listing price
₹701
Listing gain
+9.2%
Issue size
₹2,050 cr
Lot size
23 shares
Subscription
18.4x overall
Listing date
3 February 2026
Gains have cooled since a strong debut
Share price since listing, ₹
Source: NSE; illustrative seriesShare or embed this chart
About the company
Meridian SaaS Labs builds workflow-automation software sold to mid-sized enterprises across India, Southeast Asia and the Gulf.
Key facts
- Gave back part of its listing-day gain as broader tech stocks cooled
- Annual recurring revenue growth remains above 30% year-on-year
- Roughly 45% of revenue now comes from outside India
Source: Company RHP/DRHP filings, exchange announcements
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