Megatherm Induction Limited
Book Built Issue IPO · NSE
- Price band
- ₹100 - ₹108
- Lot size
- 1,200 shares
- Issue amount
- ₹53.91 cr
- Total subscription
- 196.19×
- Opens
- 29 Jan 2024
- Closes
- 31 Jan 2024
- Allotment
- 1 Feb 2024
- Listing
- 5 Feb 2024
Offer at a glance
Issue overview
- Issue size
- 49,92,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹53.91 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,29,600
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,38,48,729
- Shares after issue
- 1,88,40,729
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,29,600 |
| HNI | 2 | 2,400 | ₹2,59,200 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 10.24 | 1,076.5 |
| RETAIL | 17.92 | 3,593.86 |
| NIB | 7.69 | 2,362.39 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 0 |
| ROE | 27.66 |
| ROCE | 27.47 |
| RONW | 27.66 |
| PRE IPO(PE) | 0 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2010, Megatherm Induction Limited, a subsidiary of Megatherm Electronics Private Limited, specializes in manufacturing induction heating and melting equipment, including induction furnaces and steelworks machinery such as transformers, ladle refining furnaces, and continuous casting machines. The company also provides turnkey solutions for steel plants, covering planning, engineering, equipment delivery, and maintenance. Serving secondary and primary steel producers, automotive suppliers, ordnance factories, and engineering industries, Megatherm Induction exports to South America, Africa, the Gulf, Europe, SAARC, and Southeast Asia. With a manufacturing unit in Kharagpur producing around 300 furnaces and transformers annually, the company had 285 permanent employees as of July 31, 2023, ensuring a strong global presence in the steel and metal processing sector.
Promoters
Shesadri Bhusan Chanda
Satadri Chanda
Megatherm Electronics Private Limited
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot - L1 Block GP, Sector V, Electronics Complex, Saltlake City Kolkata - 700091
+91 33 4088 6200
[email protected]Company website ↗Understanding MEGATHERM IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.