| Megatherm Induction Limited | NSE SME | . | . |
| 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 Starts | 29 Jan 2024 |
| Offer Ends | 31 Jan 2024 |
| Allotment | 01 Feb 2024 |
| Refunds | 02 Feb 2024 |
| Credit of shares to Demat account | 02 Feb 2024 |
| IPO Listing | 05 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 In | Company Promoters |
| 2010 | Shesadri Bhusan Chanda, Satadri Chanda Megatherm Electronics Private Limited |
Share Holding
| Share Holding Pre-Issue | 98.92% |
| Share Holding Post-Issue |
Megatherm Induction Limited IPO Prospectus
| Megatherm Induction Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| 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 |
Fundamentals
| Values | Values | ||
| Market cap | 203.48 Cr | ROE | % |
| P/E (X) | 10.68 | ROCE | 27.47% |
| POST P/E (X) | 14.53 | EPS | 10.11 |
| Debt to Equity | RONW | 27.66% |
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 | |
| Address | Megatherm Induction Limited Plot – L1 Block GP, Sector V, Electronics Complex, Saltlake City Kolkata – 700091 |
| Phone: | +91 33 4088 6200 |
| cs@megatherm.com | |
| Website | http://www.megatherm.com/ |
| Megatherm Induction Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | https://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 |
| ipoinfo@hemonline.com | |
| Website | https://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.