Megatherm Induction Limited IPO
Megatherm Induction Limited was a SME IPO in the Other Industrial Products sector, offered at ₹100–₹108 per share to raise ₹54 crore. It listed on 5 Feb 2024 at ₹198 and closed its first day at ₹208, a listing gain of +92.5% versus the ₹108 issue price. It now trades around ₹221 (+104.6% versus the issue price).
Frequently asked questions
- What were the Megatherm Induction Limited IPO listing gains?
- Megatherm Induction Limited listed on 5 Feb 2024 at ₹198, closing its first day at ₹208 — a listing gain of +92.5% versus the ₹108 issue price.
- What was the price band and lot size of the Megatherm Induction Limited IPO?
- The price band was ₹100–₹108 per share, with a minimum lot of 1,200 shares (₹1,29,600 at the upper band).
- Who were the registrar and lead manager for the Megatherm Induction Limited IPO?
- Bigshare Services Private Limited was the registrar, and HEM Securities was the book-running lead manager.