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MEGATHERMSME / NSEListed
Megatherm Induction

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.

₹100 - ₹108196.19x sub
Listed Price₹198.00
Listing Gain+83.33%

IPO Schedule & Timeline

Book Built Issue IPO
Open29 Jan 2024
Close31 Jan 2024
Allotment01 Feb 2024
Listing05 Feb 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail16,59,600 shares
33.25%
Nii(hni)7,11,600 shares
14.25%
QIB9,48,000 shares
18.99%
Market Maker2,50,800 shares
5.02%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,29,600
HNI2 Lots (2,400 shares)
₹2,59,200

Company Promoters

Shesadri Bhusan ChandaSatadri ChandaMegatherm Electronics Private Limited

Company Background

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 st...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-23)₹14732.31 Cr
Growth+34.8%
Revenue Trend (₹ in Crores)
0.010.2k20.4k30.6kMar-21Mar-22Mar-23Sep-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-2314,732.31759.3421,040.284,480.46
Mar-2326,643.841,400.4119,197.87 4,282.04
Mar-2218,846.92110.1017,262.764,038.80
Mar-2110,927.03309.1214,645.064,327.04

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values027.66%27.47%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
01 Feb 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
05 Feb 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Megatherm Induction. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization01 Feb 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date05 Feb 2024Trading commences on exchange

How to Check Megatherm Induction Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Megatherm Induction from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Megatherm Induction IPO

Complete issue overview for Megatherm Induction (MEGATHERM) IPO. The issue features an equity share price band of ₹100 – ₹108 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,29,600). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions