Megatherm Induction IPO Overview:
Get ready for the Megatherm Induction IPO extravaganza! Mark your calendar because the IPO window opens its curtains on January 29, 2024, and takes a bow on January 31, 2024. DelaPlex is set to raise ₹53.91 crores through this NSE SME IPO. The price band for the Megatherm Induction IPO is locked in at ₹100 to ₹108, and you can join the party with a market lot of 1200 shares.
Megatherm Induction is not just about manufacturing – it’s about crafting induction heating and melting products with a spark of innovation. From induction melting furnaces to a spectrum of machinery for steel melt shops, their expertise shines. They even delve into electric arc furnaces, adding a touch of brilliance to alloys and special steel-making industries.
But it’s not just about products – Megatherm Induction is all about solutions. They offer turnkey packages for steel plants, covering everything from design and engineering to supply and commissioning. The journey doesn’t end there; they stick around for after-sales service, including maintenance contracts and a spare parts business.
Now, let’s talk markets. Their products find homes in the realms of secondary and primary steel producers, auto ancillaries, ordnance factories, railways, DI pipe producers, and a diverse array of engineering industries. With captive casting, forging, and metal working units, they’ve got their hands in critical parts production.
Behind the scenes, their manufacturing facility is a hub of efficiency, equipped with the works – machinery, testing labs, and the whole shebang. They take pride in ensuring that their products not only meet but exceed expectations. Energy efficiency is the name of the game, and their in-house testing lab ensures raw materials pass the rigorous checks.
In a nutshell, the Megatherm Induction IPO isn’t just about shares; it’s an invitation to be part of a dynamic journey where innovation meets practical solutions. Whether you’re a market enthusiast or just curious about the steel industry, this IPO promises a glimpse into a company that’s not just making products – it’s shaping industries.
Purpose of the Offering:
- Investing in our growth story: Building a new factory shed and adding more machinery to enhance our operations.
- Keeping things running smoothly: Meeting the day-to-day financial needs to ensure seamless operations and growth.
- Adaptable financial strategy: Allocating funds for general corporate purposes, providing flexibility for unforeseen opportunities and challenges.
Megatherm Induction IPO Review (Apply or Not)
- May Apply
Megatherm Induction IPO: Information on Date and Price Band.
| IPO Open: | 29-January-2024 |
| IPO Close: | 31-January-2024 |
| IPO Size: | Approx ₹53.91 Crores, 4,992,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹100 to ₹108 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
The market lot for Megatherm Induction IPO:
Dip your toes in the Megatherm Induction IPO with a minimum market lot of 1200 shares, requiring an application amount of ₹129,600. It’s your entry ticket to join the IPO journey!
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹129,600 |
| Retail Maximum | 1 | 1200 | ₹129,600 |
| S-HNI Minimum | 2 | 2400 | ₹259,200 |
Megatherm Induction IPO: Allotment and Listing Dates.
Save the dates for the Megatherm Induction IPO spectacle! The grand opening is on January 29, setting the stage for excitement, and the final curtain falls on January 31. The big reveal happens on February 1 with IPO allotment details. Keep the popcorn ready because the IPO is expected to take center stage on the stock market come February 5. It’s not just about dates; it’s about being part of the IPO buzz and witnessing the company’s debut in the financial spotlight!
| IPO Open Date: | 29-January-2024 |
| IPO Close Date: | 31-January-2024 |
| Basis of Allotment: | 1-February-2024 |
| Refunds: | 2-February-2024 |
| Credit to Demat Account: | 2–February-2024 |
| IPO Listing Date: | 5-February-2024 |
You may monitor the subscription status and allotment status of the IPO on their respective pages.
Megatherm Induction IPO Form:
Ready to jump on the Megatherm Induction IPO bandwagon? Easy-peasy! If you’re a fan of online banking adventures, just log in, head to the Invest section, and choose Megatherm Induction IPO under ASBA. For those who prefer a more traditional touch, grab the IPO forms from the NSE website. Cruise through their site, grab the forms by clicking on NSE IPO Forms download, fill in the details, and drop them off at your bank or hand them to your broker. Whether you’re all about the clicks or love the feel of paper, we’ve got your back for a smooth ride into the Megatherm Induction IPO journey!
DelaPlex Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹109.27 | ₹105.02 | ₹3.09 |
| 2022 | ₹188.47 | ₹186.95 | ₹1.10 |
| 2023 | ₹266.44 | ₹246.60 | ₹14.00 |
| 2023 6M | ₹147.32 | ₹137.24 | ₹7.59 |
Megatherm Induction IPO Valuation – FY2023
Check Megatherm Induction IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹10.11 per Equity Share |
| Price/Earning P/E Ratio: | [.] |
| Return on Net Worth (RoNW): | 27.66% |
| Net Asset Value (NAV): | ₹36.56 per Equity Share |
Peer Group
- Electrotherm (India) Ltd
Company Promoters
- Shesadri Bhusan Chanda
- Satadri Chanda
- Megatherm Electronics Private Limited
Megatherm Induction IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Megatherm Induction IPO Allotment Status
Check Megatherm Induction IPO allotment status on Bigshare website URL. Click Here
Megatherm Induction IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
Megatherm Induction Limited
Plot – L1 Block GP, Sector V,
Electronics Complex, Saltlake City
Kolkata – 700091
Phone: +91 33 4088 6200
Email: cs@megatherm.com
Website: http://www.megatherm.com/
