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Megatherm Induction Ltd

Engineering

Offer Period :

29th to 31st Jan 2024

Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks.Read more... Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. Read less

Megatherm Induction Ltd IPO Details

IPO Date 29th to 31st Jan 2024 Minimum Investment ₹129600 / 1 Lots
Listing Date 2024-02-05 Maximum Investment ₹129600 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹53.91 Crores
Price ₹108 to ₹108 per share Fresh Issue ₹53.91 Crores
Lot Size 1 Lots (1200 Shares) Offer For Sale ₹ 0
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per share    
IPO Date 29th to 31st Jan 2024
Listing Date 2024-02-05
Face Value ₹10 per share
Price ₹108 to ₹108 per share
Lot Size 1 Lots (1200 Shares)
Listing At NSE-SME
Employee Discount ₹0 per share
Minimum Investment ₹129600 / 1 Lots
Maximum Investment ₹129600 / 1 Lots
Total Issue Size ₹53.91 Crores
Fresh Issue ₹53.91 Crores
Offer For Sale
Retail Discount ₹ 0

Timeline

Important dates for allocation and IPO listing.

29th Jan

IPO Starts

31st Jan

IPO Ends

1st Feb

Allotment Date

2nd Feb

Initiation of Refund

2nd Feb

Credit of Shares to Demat Account

5th Feb

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 98.89 0
Public Group 1.11 0

Megatherm Induction Ltd IPO Reservation

QIB Shares Offered 2370000(47.48%)
NII (HNI) Shares Offered 711600(14.25%)
Retail Shares Offered 1659600(33.25%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 4992000
Total Shares With Anchor Investor 4992000

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Megatherm Induction Ltd IPO Registrar

Bigshare Services Pvt Ltd
Phone Number +91 22 6263 8200;
Email Id ipo@bigshareonline.com
Our Website www.bigshareonline.com

Megatherm Induction Ltd IPO Lead Manager

1. Hem Securities Ltd

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Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

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Megatherm Induction Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Megatherm Induction Ltd

1. Established Manufacturing facility.

2. Technical capabilities for complex applications.

3. Long standing relationship with its customers.

4. Experienced and Qualified Promoters and Management team.

5. Delivering financial performance with strong order book.

Risks Involved

1. Its loan agreements requires its Corporate Promoter to pledge Equity Shares of the Company with lenders. Any breach by the Company of certain covenants under the financing agreements may entitle these lenders to exercise their rights under the financing agreements and reduce the shareholding of its Corporate Promoter, which may adversely affect the company business.

2. The company significantly depends upon few of the raw material suppliers for manufacturing of induction heating and melting products and transformers. Volatility in the supply and pricing of its raw materials may have an adverse effect on the company business, financial condition and results of operations.

3. The company may not be able to realize the amounts, partly or at all, reflected in its Order Book which may materially and adversely affect itd business, prospects, reputation, profitability, financial condition and results of operation.

4. Under-utilization of its manufacturing capacities and an inability to effectively utilize its existing manufacturing capacities could have an adverse effect on its business, future prospects and future financial performance.

5. The company is subject to strict performance requirements, including, but not limited to, quality and delivery, by its customers, and any failure by it to comply with these performance requirements may lead to the cancellation of existing and future orders, recalls or warranty and liability claims.

6. The company depends on the large industries for selling of its products which may effects its revenue from operation and profits.

7. Substantial portion of its revenues has been dependent upon few customers. The loss of any one or more of its major customer would have a material adverse effect on its business, cash flows, results of operations and financial condition.

8. Its Group Company have incurred losses in past and any operating losses in the future could adversely affect the results of operations and financial conditions of its group company.

9. Delays or defaults in client payments could affect its operations.

10. Product designing is very important part for its equipment for which its relies on the company team and third party consultant. Any loss or error by these employees or consultants may have an adverse effect on its equipment and operations.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

Megatherm Induction Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-02-05 92233 MEGATHERM
INE531R01010
₹108 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹108 ₹108
Open ₹0 ₹198
Low ₹0 ₹195
High ₹0 ₹207.9
Low ₹0 ₹195

Frequently Asked Questions

What is Megatherm Induction Ltd IPO?

Answer Field

Megatherm Induction Ltd IPO is a SME IPO of 49,92,000 equity shares of a face value of ₹10 aggregating up to ₹53.91 Crores. The issue is priced at ₹108 to ₹108 per share. The minimum order quantity is 1200 Shares. The IPO opens on January 29, 2024, and closes on January 31, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Megatherm Induction Ltd IPO will open?

Answer Field

The Megatherm Induction Ltd IPO opens on January 29, 2024 and closes on January 31, 2024.

What is the lot size of Megatherm Induction Ltd?

Answer Field

Megatherm Induction Ltd lot size is 1200 shares, and the minimum amount required is ₹1,29,600.

How to apply for Megatherm Induction Ltd IPO?

Answer Field

You can apply in Megatherm Induction Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Megatherm Induction Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Megatherm Induction Ltd IPO will be done on February 01, 2024, and the allotted shares will be credited to your demat account by February 02, 2024.

When is Megatherm Induction Ltd IPO listing date?

Answer Field

The Megatherm Induction Ltd listing date is February 05, 2024.

Who is the registrar of Megatherm Induction Ltd IPO?

Answer Field

The registrar of Megatherm Induction Ltd IPO is Bigshare Services Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Hem Securities Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Megatherm Induction Ltd IPO?

Answer Field

The fresh issue size is ₹53.91 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Megatherm Induction Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 1200 shares and ₹1,29,600 amount.

How can I approve the UPI mandate request for Megatherm Induction Ltd IPO?

Answer Field

To apply for Megatherm Induction Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Megatherm Induction Ltd?

Answer Field

The price of each Megatherm Induction Ltd share will be ranging in between ₹108 to ₹108 per share.

What is the cut-off time for the UPI mandate for Megatherm Induction Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, January 31, 2024.

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