247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Megatherm Induction Limited IPO (Megatherm Induction IPO) Details

Megatherm Induction Limited is an Engineering - Heavy Machinery based company, located in Kolkata, Megatherm Induction Limited IPO size was 53.91 Cr. and was issued at 108.00 per share. The share of Megatherm Induction Limited were listed at 207.90 per share and are currently trading at 329.60 per share.

Type :
Sub Sector : Consultancy Services To Various Industries
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
294.64 Cr.

PAT :
15.18 Cr.

Pricing Report

Issue Price :
108.00

Listing Price :
207.90

Current Market Price :
329.60

Issue Price vs CMP :
221.6 (205.19%)

listing Price vs CMP :
121.7 (58.54%)

Performance Report (CAGR* wise)

CAGR : 220.13
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Megatherm Induction

Company Information
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 the 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. The Company also manufacturers electric arc furnaces for alloys & special steel making industries, their 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.
Following are the key market areas of their
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Object of 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

Megatherm Induction SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Feb, 2024
IPO Size :
53.91 Cr.
Market Cap :
203.48 Cr.   
IPO Subscription :
196.11 X     
PE Multiple :
13.40
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Bigshare Services Private Limited

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FAQs

Megatherm Induction operates in Engineering - Heavy Machinery and Consultancy Services To Various Industries. The Issue is listed on NSE EMERGE in Feb, 2024. Megatherm Induction IPO size was 53.91 Cr. with Issue price of 108.00 .

Megatherm Induction IPO subscription was 196.11 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Megatherm Induction IPO listed at a listing price of 207.90 against the offer price of 108.00.

The current market price of Megatherm Induction is 329.60.

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