IPO Price History
Closed
Megatherm Induction Limited logo

Megatherm Induction Limited IPO

SME IPOListedMEGATHERMNSE
Current Market Price (CMP)
₹369.25(+241.90%)
Current Price (CMP)
₹369.25(+241.90%)

Live Market Quote

Listing Price & Gain
₹198(+83.33%)

Day 1 Exchange Open

IPO Issue Price
₹108

Band: ₹100 - ₹108

Total Subscription
182.4x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
29 Jan 2024
IPO Bidding Closes
31 Jan 2024
Allotment & Refunds
Completed
Exchange Listing Day
05 Feb 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 182.4x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription182.4x
Updated as on 31-Jan-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+83.33%
₹108 (Issue) → ₹198 (List)
Per share profit: +₹90.00
Holding Return (Till Date)+241.90%
₹108 (Issue) → ₹369.25 (CMP)
Net gain per share: +₹261.25
Post-Listing Performance (Listing Day → Today):+86.49%

About Megatherm Induction Limited IPO

Megatherm Induction Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 29 Jan 2024 and concluded on 31 Jan 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹100 - ₹108.

During the bidding window, Megatherm Induction Limited witnessed heavy demand with an overall subscription of 182.4 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Megatherm Induction Limited officially debuted on the stock exchanges on 05 Feb 2024 at an opening listing price of ₹198, delivering a listing day return of +83.33% (premium) over the final issue price. As per the latest market data, the stock trades at ₹369.25, representing an overall gain of +241.90% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Megatherm Induction Limited IPO?
The issue price of Megatherm Induction Limited IPO was fixed at ₹108 per equity share. The indicative bidding price band was ₹100 - ₹108.
What were the open, close, and listing dates for Megatherm Induction Limited IPO?
Megatherm Induction Limited IPO opened on 29 Jan 2024, closed on 31 Jan 2024, listed on 05 Feb 2024.
How much was Megatherm Induction Limited IPO subscribed?
The IPO received an overall subscription of 182.4 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Megatherm Induction Limited IPO?
Megatherm Induction Limited IPO listed on the stock exchange at ₹198, delivering a listing gain of 83.33% compared to the IPO issue price of ₹108.
Is Megatherm Induction Limited IPO a Mainboard or SME IPO?
Megatherm Induction Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Megatherm Induction Limited IPO since its IPO?
At the latest market quote of ₹369.25, Megatherm Induction Limited IPO has generated an all-time return of +241.90% since its initial public offering.

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