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Megatherm Induction Limited IPO Date, Price, Review and Details

 

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Megatherm Induction Limited IPO

January 29, 2024 - January 31, 2024 Closed

Megatherm Induction Limited IPO

Megatherm Induction Limited engaged in specialize in manufacturing induction heating and melting products, including induction melting furnaces and heating equipment. In addition to these, their company produces various machines and equipment related to steel melt shops, such as transformers, ladle refining furnaces, continuous casting machines, and fume extraction systems. They have a well-equipped manufacturing facility with the necessary infrastructure, machinery, testing laboratory, and handling equipment to ensure a seamless production process. To guarantee the effectiveness of their products, they have implemented testing at various stages of production.

Company Promoters:

·  Shesadri Bhusan Chanda
·  Satadri Chanda And Megatherm Electronics Private Limited

Objects of this Issue:

·  Funding capital expenditure towards construction of factory sheds and installation of additional plant and machinery.
·  To meet Working Capital requirements.
·  General Corporate Purpose.

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 30 March 2022

As on 31 Mar 2021

Total Assets

19,197.87

17,262.76

14,645.06

Total Liabilities

14,135.23

13,600.53

11,132.93

Net Profit

1,400.41

164.13

212.87

Megatherm Induction Limited IPO Schedule

1.     Bid or Offer Opens on: 29 January 2024
2.     Bid or Offer Closes on: 31 January 2024
3.     Finalization of BoA: 01 February 2024
4.     Initiation of Refunds: 02 February 2024
5.     Credit of shares to Demat account: 02 February 2024
6.     Listing Date: 05 February 2024

Megatherm Induction Limited IPO Lot Size

The market lot size of Megatherm Induction Limited IPO is 4000 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1200

₹129,600

Maximum

1

  1200

₹129,600

S-HNI(Minimum)

2

  2,400

₹259,200

Company Contact Details:

Plot- L1 Block GP, Sector V, Electronics Complex,

Saltlake City Kolkata-700091,

West Bengal, India.

Phone:  + 91 33 4088 6200

Email:  cs@megatherm.com

Website:  www.megatherm.com

 

Megatherm Induction Limited IPO Registrar Details:

BIGSHARE SERVICES PRIVATE LIMITED

Office No. S6-2, 6th Floor, Pinnacle Business Park,

Next to Ahura Centre, Mahakali CavesRoad, Andheri East,

Mumbai – 400 093, Maharashtra, India

Telephone:  +91 22 6263 8200

Email:  ipo@bigshareonline.com

Website:  www.bigshareonline.com



Frequently Asked Question

The company is initiating an Initial Public Offering (IPO) to raise capital for [insert reasons, such as agricultural research, farm technology development, expansion of agricultural operations, or other strategic initiatives.
The allocation process is typically managed by the underwriters based on factors such as demand. Institutional and retail investors may have different allocation processes.
The face value of Megatherm Induction Limited IPO is ₹10 per share.
Opening date of Megatherm Induction Limited IPO is January 29, 2024.
megatherm induction pvt ltd share price ₹100 to ₹108 per share.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Lot size of the Megatherm Induction Limited IPO is 1200 shares.
Closing date of Megatherm Induction Limited IPO is January 31, 2024.
The meaning of "Megatherm Induction Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Megatherm Induction Limited IPO on the current day.
Post-issue shareholding of the Megatherm Induction Limited IPO promoter is 72.71%.
If you do not get the allotment of on Megatherm Induction Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Pre-issue shareholding of the Megatherm Induction Limited IPO promoter is 98.928%.
megatherm induction private limited Shares will be listed at NSE SME.
You will receive on megatherm induction pvt. ltd shares in your Demat account on Feburary 01, 2024, if allotted
Megatherm Induction Limited IPO shares will get listed on February 05, 2024.
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