Megatherm Induction Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 24-01-2024 | 29-01-2024 | 10 per share | 0 | 1200 Shares | NSE SME | N/A | 2024-01-30 18:30:00 | 2024-01-31 18:30:00 | 2024-01-31 18:30:00 | 01-02-2024 |
About The Company
Megatherm Induction IPO is a book built issue of Rs 53.91 crores. The issue is entirely a fresh issue of 49.92 lakh shares.
Megatherm Induction IPO opens for subscription on January 25, 2024 and closes on January 30, 2024. The allotment for the Megatherm Induction IPO is expected to be finalized on Wednesday, January 31, 2024. Megatherm Induction IPO will list on NSE SME with tentative listing date fixed as Friday, February 2, 2024.
Megatherm Induction IPO price band is set at ₹100 to ₹108 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹129,600. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹259,200.
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 129600 |
| Retail (Max) | 1 | 1200 | 129600 |
| HNI (Min) | 2 | 2400 | 259200 |
IPO Listing Details
| Listing Date | 01-02-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Shesadri Bhusan Chanda, Satadri Chanda and Megatherm
Contact Information of the Company
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/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
Hem Securities Limited