Megatherm Induction Date, Price, Allotment Details

Megatherm Induction LimitedNSE SME..
Megatherm Induction Limited Details
Minimum Investment
₹129,600 /1 Lot (1200 shares)
Price Range
₹100-₹108
Max Quantity
1 Lots/1200 Shares
Max Investment
₹129,600
Retail Discount
₹0
Investor category and sub category
Individual- HNI & Retail
Issue Size
53.91 Cr
Employee Discount
₹0
Total Issue Size
4,992,000 Shares
(aggregating up to ₹53.91 Cr)
Share Holding Pree Issue
13,848,729
Issue Type
Book Build Issue IPO
Fresh Issue Share
4,992,000 Shares
(aggregating up to ₹53.91 Cr)
Share Holding Post Issue
18,840,729
Listing At
NSE SME
Market Maker Portion
250,800 shares
Face value
₹10 pr share.

IPO Dates

Offer Starts29 Jan 2024
Offer Ends31 Jan 2024
Allotment01 Feb 2024
Refunds02 Feb 2024
Credit of shares to Demat account02 Feb 2024
IPO Listing05 Feb 2024

About Megatherm Induction Limited

  • Incorporated in 2010, Megatherm Induction Limited manufactures induction heating and melting products using electrical induction such as induction melting furnaces and induction heating equipment. Megatherm Induction is a subsidiary of Megatherm Electronics Private Limited.
  • The company also manufactures upstream and downstream equipment and machinery for steelworks, such as transformers, ladle refining furnaces, continuous casting machines, fume extraction systems, etc., as well as electric arc furnaces for the alloy and special steel industry.
Incorporated InCompany Promoters
2010Shesadri Bhusan Chanda, Satadri Chanda
Megatherm Electronics Private Limited

Share Holding

Share Holding Pre-Issue98.92%
Share Holding Post-Issue

Megatherm Induction Limited IPO Prospectus

Megatherm Induction Limited IPO Prospectus
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Financials

Year202320222021
Revenue₹26,643.84₹18,846.92₹10,927.03
Assets₹19,197.87₹17,262.76₹14,645.06
Profit₹1400.41₹110.10₹309.12
All values are in Rs. Lakhs

Fundamentals

ValuesValues
Market cap203.48 CrROE%
P/E (X)10.68ROCE27.47%
POST P/E (X)14.53EPS10.11
Debt to EquityRONW27.66%

Objects of the Issue

  • Funding capital expenditure towards the construction of factory shed and installation of additional plant and machinery.
  • To meet Working Capital requirements.
  • General Corporate Purpose.

Brokerage Firm IPO Review

  • To be updated soon
Megatherm Induction Limited Contact Details
AddressMegatherm Induction Limited
Plot – L1 Block GP, Sector V,
Electronics Complex, Saltlake City
Kolkata – 700091
Phone:+91 33 4088 6200
E-mailcs@megatherm.com
Websitehttp://www.megatherm.com/
Megatherm Induction Limited
IPO Registrar
.Bigshare Services Pvt Ltd
Phone+91-22-6263 8200
E-mailipo@bigshareonline.com
Websitehttps://ipo.bigshareonline.com/ipo_status.html
Megatherm Induction Limited IPO Allotment Status Check
Megatherm Induction Limited IPO Allotment Status Check Click Here
Megatherm Induction Limited
Lead Managers
Hem Securities Limited
904, A wing, 9th Floor,
Naman Midtown, Senapati bapat marg,
Elphinstone road, Lower Parel, Mumbai 400 013
Phone+91 22 49060000
E-mailipoinfo@hemonline.com
Websitehttps://www.hemsecurities.com

Megatherm Induction Limited IPO FAQs

What is Megatherm Induction Limited IPO?
  • Megatherm Induction Limited IPO is an NSE SME IPO. They are going to raise ₹53.91 Crores via IPO. The issue is priced at ₹100 to ₹108 per equity share. The IPO is to be listed on NSE.
When Megatherm Induction Limited IPO will open?
  • The IPO is to open on January 29, 2023, for QIB, NII, and Retail Investors.
What is Megatherm Induction Limited IPO Investors Portion?
  • The investors’ portion for QIB is 50%NII is 15%, and Retail is 35%.
What is Megatherm Induction Limited IPO Size?
  • Megatherm Induction Limited IPO size is ₹53.91 crores.
What is Megatherm Induction Limited IPO Price Band?
  • Megatherm Induction Limited IPO Price Band is ₹100 to ₹108 per equity share.
What is Megatherm Induction Limited IPO Minimum and Maximum Lot Size?
  • The IPO bid is Minimum 1 Lot (1200 Shares) with ₹129,600. and Maximum Lot Size 1 Lots (1200 Shares) with ₹129,600
What is Megatherm Induction Limited IPO Allotment Date?
  • Megatherm Induction Limited IPO allotment date is February 01, 2024.
What is Megatherm Induction Limited IPO Listing Date?
  • Megatherm Induction Limited IPO listing date is February 05, 2024. The IPO to list on NSE.

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