Wednesday, May 15, 2024

Megatherm Induction IPO Date, Review, Price, Allotment Details

Megatherm Induction is engaged within the trade of producing induction heating and melting merchandise the usage of electrical induction like induction melting furnace and induction heating apparatus. Besides induction melting & heating apparatus Their corporate produces more than a few up-stream & down-stream crops & equipment related to metal soften retail outlets equivalent to transformers, ladle refining furnaces, steady casting machines, fume extraction programs, and so on. Their Company additionally producers electrical arc furnaces for alloys & particular steel-making industries, Their products and services portfolio comprises turnkey answers for metal crops, which comes to the design, engineering, provide, erection & commissioning of the metal soften retail outlets the usage of each insourced & outsourced plant & equipment and after-sales carrier, involving repairs contracts & spare portions trade.

Following are the important thing marketplace spaces of Their merchandise –

  • Secondary Steel manufacturers considering scrap recycling
  • Primary Steel manufacturers considering conversion of iron ore into sponge iron & next conversion into metal via Induction Melting.
  • Auto ancillaries
  • Ordnance factories & Railways
  • DI pipe manufacturers and numerous engineering industries considering generating vital portions in its captive casting, forging & steel running gadgets.

Their production facility is provided with the needful infrastructure together with equipment, checking out laboratory, and different dealing with apparatus to facilitate a clean production procedure. To make certain the potency of the goods they’ve designed and established checking out at other ranges of manufacturing. For their merchandise to be efficient they wish to make certain that they ship the required effects with minimum power loss and most power potency. To verify the suitability in their uncooked fabrics, they’ve an in-house checking out laboratory this is accountable for engaging in checks on uncooked fabrics to test their bodily houses and to make certain that the product conforms with the pre-determined requirements.

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Objects of the Issue:

  • Funding capital expenditure against the development of manufacturing unit shed and set up of extra plant and equipment.
  • To meet Working Capital necessities.
  • General Corporate Purpose.

Megatherm Induction IPO Review

Megatherm Induction IPO Date & Price Band Details

IPO Open: January 25, 2024
IPO Close: January 30, 2024
IPO Size: Approx ₹53.91 Crores, 4,992,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹100 to ₹108 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 35% of the online be offering
QIB Quota: 50% of the online be offering
NII Quota: 15% of the online be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Megatherm Induction IPO Market Lot

The Megatherm Induction IPO minimal marketplace lot is 1200 stocks with a ₹129,600 software quantity.

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Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹129,600
Retail Maximum 1 1200 ₹129,600
S-HNI Minimum 2 2400 ₹259,200

Megatherm Induction IPO Dates

The Megatherm Induction IPO date is January 25 and the IPO shut date is January 30. The IPO allotment date is January 31 and the IPO may listing on February 2.

IPO Open Date: January 25, 2024
IPO Close Date: January 30, 2024
Basis of Allotment: January 31, 2024
Refunds: February 1, 2024
Credit to Demat Account: February 1, 2024
IPO Listing Date: February 2, 2024

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Megatherm Induction IPO Form

How to use Megatherm Induction IPO? You can practice Megatherm Induction IPO by means of ASBA to be had to your checking account. Just pass to the web financial institution login and practice by means of your checking account via settling on the Megatherm Induction IPO within the Invest segment. The different choice you’ll practice Megatherm Induction IPO by means of IPO bureaucracy obtain by means of the NSE web site. Check out the DelaPlex bureaucracy – click on NSE IPO Forms obtain, fill and publish to your financial institution or together with your dealer.

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DelaPlex Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹109.27 ₹105.02 ₹3.09
2022 ₹188.47 ₹186.95 ₹1.10
2023 ₹266.44 ₹246.60 ₹14.00
2023 6M ₹147.32 ₹137.24 ₹7.59

Megatherm Induction IPO Valuation – FY2023

Check Megatherm Induction IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹10.11 in line with Equity Share
Price/Earning P/E Ratio: [.]
Return on Net Worth (RoNW): 27.66%
Net Asset Value (NAV): ₹36.56 in line with Equity Share

Peer Group

  • Shesadri Bhusan Chanda
  • Satadri Chanda
  • Megatherm Electronics Private Limited

Megatherm Induction IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Megatherm Induction IPO Allotment Status

Check Megatherm Induction IPO allotment standing on Bigshare web site URL. Click Here

Megatherm Induction IPO Lead Managers aka Merchant Bankers

Company Address

Megatherm Induction Limited
Plot – L1 Block GP, Sector V,
Electronics Complex, Saltlake City
Kolkata – 700091
Phone: +91 33 4088 6200
Email: [email protected]
Website: http://www.megatherm.com/

Megatherm Induction IPO FAQs

What is Megatherm Induction IPO?

Megatherm Induction IPO is an NSE SME IPO. They are going to elevate ₹53.91 Crores by means of IPO. The factor is priced at ₹100 to ₹108 in line with fairness proportion. The IPO is to be indexed on NSE.

When Megatherm Induction IPO will open?

The IPO is to open on January 25, 2024 for QIB, NII, and Retail Investors.

What is Megatherm Induction IPO Investors Portion?

The traders’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Megatherm Induction IPO?

You can practice Megatherm Induction IPO by means of ASBA on-line by means of your checking account. You too can practice for ASBA on-line by means of UPI via your inventory agents. You too can practice by means of your inventory agents via filling up the offline shape.

How to Apply the Megatherm Induction IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “DelaPlex”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now pass for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Megatherm Induction IPO via Upstox?

Log in to Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “DelaPlex”. Click on Bid Button. Confirm your software. Now pass for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Megatherm Induction IPO via Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “DelaPlex”. Click on Bid Button. Confirm your software. Now pass for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Megatherm Induction IPO Size?

Megatherm Induction IPO measurement is ₹53.91 crores.

What is Megatherm Induction IPO Price Band?

Megatherm Induction IPO Price Band is ₹100 to ₹108 in line with fairness proportion.

What is Megatherm Induction IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 stocks with ₹129,600.

What is Megatherm Induction IPO Allotment Date?

Megatherm Induction IPO allotment date is January 31, 2024.

What is Megatherm Induction IPO Listing Date?

Megatherm Induction IPO record date is February 2, 2024. The IPO to listing on NSE SME.

Note: The Megatherm Induction IPO main points are introduced formally. The IPO gray marketplace top class (Megatherm Induction IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day by day updates.



– Source : IPOWATCH

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