Megatherm Induction
Megatherm Induction Info
Details about the Megatherm Induction IPO. Opening Date of Megatherm Induction is 29 Jan 24 and Closing Date is 31 Jan 24 . Face Value of Each share of Megatherm Induction is ₹10 per share. Price band of Megatherm Induction is ₹100 to ₹108. The Lot size of Megatherm Induction is 1,200 shares. Total issue size of Megatherm Induction IPO is ₹53.91 cr. Fresh Issue of Megatherm Induction IPO is 53.91 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Megatherm Induction is 13,848,729. Share Holding Post Issue of Megatherm Induction is 18,840,729.
Business Summary
Megatherm Induction is engaged in the business of manufacturing of induction heating and melting products by means of electric induction like induction melting furnace and induction heating equipment.
Besides induction melting & heating equipments company produces various up-stream & down-stream plant & machineries associated with steel melt shops such as, transformers, ladle refining furnaces, continuous casting machines, fume extraction systems etc.
Megatherm Induction also manufacturers electric arc furnaces for alloys & special steel making industries, company's services portfolio includes turnkey solutions for steel plant, which involves design, engineering, supply, erection & commissioning of the steel melt shops using both insourced & outsourced plant & machineries and after sales service, involving maintenance contracts & spare parts business..
Megatherm Induction IPO Details
| Open Date | 29 Jan 24 |
|---|---|
| Close Date | 31 Jan 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹100 - ₹108 |
| Lot Size | 1,200 Shares |
| Total issue Size | 4,992,000 Shares ₹53.91 cr |
| Fresh Issue | 4,992,000 Shares ₹53.91 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 13,848,729 |
| Share Holding Post Issue | 18,840,729 |
| Market Maker | Hem Finlease |
| Market Maker Portion | 250,800 Shares |
| RHP , DHRP | View RHP, View DRHP |
Megatherm Induction IPO Timeline
The Megatherm Induction Initial Public Offering (IPO) is set to open on 29 Jan 24 and will end its subscription phase on 31 Jan 24. You can check your allotment status for Megatherm Induction on 01 Feb 24. The refund process for your funds will start promptly on 02 Feb 24. Megatherm Induction IPO credit of shares will be on 02 Feb 24. The listing date for Megatherm Induction is on 05 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Megatherm Induction IPO Reservation
The Megatherm Induction IPO reserves shares for different investor categories. Approximately Not more than 50% of the Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
250,800 Shares will be reserved for subscription by Hem Finlease
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Megatherm Induction IPO Lot Size
Bids can be made for minimum of 1200 shares and in multiple of 1200 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 129,600 |
| Retail (Max) | 1 | 1,200 | 129,600 |
| HNI (Min) | 2 | 2,400 | 259,200 |
Megatherm Induction IPO Promoters Holding
Promoters holding details for Megatherm Induction in the current issue is as follows: The share holding of promoters before the issue stands at 98.92%, and after the issue, it has been adjusted to 72.71%.
Promoters of Megatherm Induction are Shesadri Bhusan Chanda, Satadri Chanda, Megatherm Electronics Private Limited,
| Share Holding Pre Issue | 98.92% |
|---|---|
| Share Holding Post Issue | 72.71% |
Megatherm Induction Financial Information
Financial performance details for Megatherm Induction over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 21,040.28 | 19,197.87 | 17,262.76 | 14,645.06 |
| Revenue | 14,732.31 | 26,643.84 | 18,846.92 | 10,927.03 |
| Profit After Tax | 759.34 | 1,400.41 | 110.1 | 309.12 |
Megatherm Induction IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Megatherm Induction are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 10.68 |
| ROCE | 27.47% |
| ROE | 27.66% |
| RoNW | 27.66% |
| EPS (Rs) | 10.11 |
Object of the Issue
- • Funding capital expenditure towards the construction of factory shed and installation of additional plant and machinery
- • To meet Working Capital requirements
- • General Corporate Purpose
Contact Details for Megatherm Induction
Phone
Office
Sector V, Electronics Complex, Saltlake City Kolkata-700091, West Bengal, India.
Registrar Details for Megatherm Induction
Bigshare Services Pvt Ltd
Phone
Office
: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Hem Securities Limited