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