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Open
29 Jan 2024
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Close
31 Jan 2024
3
Allotment
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Listing
Mon, Feb 5, 2024
Price Band
₹100 to ₹108
Issue Size
49,92,000 shares (agg. up to ₹54 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Feb 5, 2024
Latest GMP
₹110
Est. Gain
101.85%
✦ AI Insight
GMP Trend
05-02-2024₹110Est. ₹218+101.85%
04-02-2024₹110Est. ₹218+101.85%
03-02-2024₹107Est. ₹215+99.07%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 136.37x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 210.40 | 191.98 | 172.63 | 146.45 |
| Total Income | 147.32 | 266.44 | 188.47 | 109.27 |
| Profit After Tax | 7.59 | 14.00 | 1.10 | 3.09 |
| NET Worth | 58.22 | 50.63 | 36.62 | 35.12 |
| Reserves and Surplus | 44.37 | 41.39 | 27.39 | 25.99 |
| Total Borrowing | 44.80 | 42.82 | 40.39 | 43.27 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Siyaram Recycling Industries Ltd. | SME | ₹22.96 Cr | ₹46 | 8.3 | ₹57.75 | +25.54% | ₹35.10 |
| Holmarc Opto-Mechatronics Ltd. | SME | ₹11.40 Cr | ₹40 | 8.09 | ₹68.50 | +71.25% | ₹109.00 |
| Meson Valves India Ltd. | SME | ₹31.09 Cr | ₹102 | 15.47 | ₹203.45 | +99.46% | ₹167.65 |
| Jiwanram Sheoduttrai Industries Ltd. | SME | ₹17.07 Cr | ₹23 | 9.91 | ₹28.50 | +23.91% | ₹4.20 |
| Alphalogic Industries Ltd. | SME | ₹12.88 Cr | ₹96 | 22.3 | ₹96.29 | +0.30% | ₹139.05 |
| Auro Impex & Chemicals Ltd. | SME | ₹27.07 Cr | ₹78 | 12.07 | ₹75.70 | -2.95% | ₹25.30 |
| Srivasavi Adhesive Tapes Ltd. | SME | ₹15.50 Cr | ₹41 | 16.08 | ₹42.00 | +2.44% | ₹75.95 |
| Sealmatic India Ltd. | SME | ₹56.24 Cr | ₹225 | 18.75 | ₹236.25 | +5.00% | ₹380.00 |
| Inox India Ltd. | Mainboard | ₹1,459.32 Cr | ₹660 | 39.22 | ₹939.95 | +42.42% | ₹2,185.50 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards construction of factory shed and installation of additional plant and machinery | 14.90 |
| 2 | To meet Working Capital requirements | 26.00 |
| 3 | General Corporate Purpose | 7.25 |
About Megatherm Induction IPO
Updated on Aug 5, 2026
Contact Details
Megatherm Induction Ltd. AddressPlot-L1 Block GP, Sector VElectronics ComplexSaltlake CityKolkata, West Bengal, 700091+91 33 4088 6200cs@megatherm.comVisit Website