Megatherm Induction Ltd IPO
Price Range
₹100 - ₹108
-
Min. Quantity
1,200 Shares
Closes on
31 January 2024
-
Min. investment
₹1,29,600
Megatherm Induction Ltd IPO Timeline
| Event | Date |
|---|---|
| Megatherm Induction Ltd IPO Opening Date | 29 January 2024 |
| Megatherm Induction Ltd IPO Closing Date | 31 January 2024 |
| Basis of Allotment | 1 February 2024 |
| Initiation of Refunds | 2 February 2024 |
| Credit of Shares to Demat | 2 February 2024 |
| Megatherm Induction Ltd IPO Listing Date | 5 February 2024 |
Megatherm Induction Ltd IPO Details
| Megatherm Induction Ltd IPO Date | 29 January 2024 to 31 January 2024 |
| Megatherm Induction Ltd IPO Face Value | ₹10 per share |
| Megatherm Induction Ltd IPO Price | ₹100 to ₹108 per share |
| Megatherm Induction Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹53.91 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹53.91 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Shesadri Bhusan Chanda, Satadri Chanda, Megatherm Electronics Pvt Ltd |
Megatherm Induction Ltd IPO Lot Size
The Megatherm Induction Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,29,600).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,29,600 |
| Maximum | 1 | 1,200 | ₹1,29,600 |
- Strengths
- Risks
- Opportunities
- Established Manufacturing facility.
- Technical capabilities for complex applications.
- Long standing relationship with its customers.
- Experienced and Qualified Promoters and Management team.
- Delivering financial performance with strong order book.
Company Financials
Megatherm Induction Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 286.54 | 323.71 | 21.31 |
| 03-2024 | 270.15 | 307.38 | 20.72 |
| 03-2023 | 191.98 | 266.44 | 14.00 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure towards construction of factory shed and installation of additional plant and machinery
- To meet working capital requirements
- General corprate purposes
Megatherm Induction Ltd IPO Promoter Holding
| Pre Issue Share Holding | 0.05% |
| Post Issue Share Holding | 0.04% |
Megatherm Induction Ltd IPO Subscription Status (Bidding Detail)
The Megatherm Induction Ltd IPO is subscribed 130.4447 times on 31 January 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 130.4447 |
Megatherm Induction Ltd IPO Prospectus
Megatherm Induction Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE531R01010 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Plot-L1 Block GP Sector VElectronics Complex Saltlake,Kolkata-700091
Phone: +91 33 4088 6200
Email: cs@megatherm.com
Website: www.megatherm.com
Megatherm Induction Ltd IPO Registrar
Megatherm Induction Ltd IPO Lead Manager(s)
- Hem Securities Ltd
How to Check the Allotment Status of Megatherm Induction Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Megatherm Induction Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Megatherm Induction Ltd IPO
Megatherm Induction Limited was originally incorporated as a Private Limited Company as 'Megatherm Transmission & Distribution Private Limited' on October 22, 2010 with the Registrar of Companies, West Bengal. The name of the Company changed from 'Megatherm Transmission & Distribution Private Limited' to 'Megatherm Induction Private Limited' dated September 23, 2015 and was subsequently, converted into a Public Limited to 'Megatherm Induction Limited' w.e.f. December 20, 2022.