String Metaverse Rights Issue dates are not finalized.
String Metaverse (Formerly Known as Bio Green Papers) is a publicly listed Web3 enterprise based in Hyderabad, India. Founded in 2018, the company employs over 150 professionals and specializes in blockchain-enabled gaming, digital asset management, and decentralized financial infrastructure. It has rapidly emerged as a leader in India’s Web3 and GameFi ecosystems.
Its core offerings include a full-scale Web3 gaming universe featuring play-to-earn models, esports competitions, and metaverse integration, designed primarily for Gen Z users. Additionally, it provides blockchain infrastructure for game developers, AI-based user experience modules, and liquidity tools for Web3 projects. In 2025, the firm launched String Payx, a fintech vertical registered with FINTRAC in Canada. It delivers Web3-native banking tools including virtual debit cards, international payments, and crypto-to-fiat gateways—serving over 4 million users, with plans to scale to 10 million. String Metaverse continues to expand globally, aiming to become a foundational Internet Financial System within the metaverse economy.
Promoters of String Metaverse – Mr. Krishna Mohan Meenavalli
Table of Contents
String Metaverse Rights Issue Details
| String Metaverse Rights Issue Date | Coming soon |
| String Metaverse Rights Issue Price | Coming soon |
| Issue Size (in Shares) | Coming soon |
| Issue Size (in INR) | INR 60 crore |
| Issue Entitlement | NA equity share for every NA equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| String Metaverse Rights Issue Record Date | Coming soon |
| Face Value | INR 10 per share |
| Listing On | BSE |
String Metaverse Rights Issue Calculation
| String Metaverse Rights Issue Price | INR per share |
| Market Price on Rights Issue Approval | INR per share |
| Dilution Factor (X) | |
| Fair Value After Dilution at Prevailing Price | INR per share |
String Metaverse Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 0.0 | 151.0 | 407.0 |
| Expenses | 1.0 | 138.0 | 366.0 |
| OPM (%) | – | 9.0 | 10.0 |
| Net Income | (1.0) | 11.0 | 35.0 |
| ROCE (%) | – | 15.0 | 26.0 |
String Metaverse Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Investment in the Subsidiaries of the company – INR 45 crore
- General corporate purposes
String Metaverse Rights Offer Documents
- String Metaverse Rights Issue Application Form
- String Metaverse Letter of Offer
- Board Meeting Outcome
- String Metaverse Draft Letter of Offer
- Rights Issue in 2024
String Metaverse Rights Issue Dates
| Rights Issue Approval Date | Coming soon |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
String Metaverse Rights Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
String Metaverse Contact Details
STRING METAVERSE LIMITED
Sy. No. 66/2, Street No. 03, 2nd Floor, Rai Durgam,
Prashanth Hills, Nav Khalsa, Gachibowli, Dargah Hussain Shahwali,
Golconda, Hyderabad, Telangana, India, 500008
Phone:Â +91-40-29390760
Email:Â [email protected]
Website: www.stringmetaverse.com
String Metaverse Rights Offer FAQs
What is the String Metaverse Rights Issue Price?
The issue price is INR per share.
What is the String Metaverse Rights Issue entitlement ratio?
The eligible shareholders are offered NA equity share for every NA equity shares held on the record date.
What is the String Metaverse Rights Issue Record Date?
The Record date is coming soon.
How to Apply in String Metaverse Rights Offer?
The best way to apply in String Metaverse Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.