When does the Megatherm Induction IPO open and close?

The Megatherm Induction IPO opened for bidding on 29 Jan 2024 and closed on 31 Jan 2024. Bids can be placed from 10:00 AM to 5:00 PM IST on each bidding day.

What is the price band of the Megatherm Induction IPO?

The price band of the Megatherm Induction IPO is ₹100 to ₹108 per share. The issue size is ₹38.56 crore.

What is the lot size of the Megatherm Induction IPO?

One lot of the Megatherm Induction IPO is 1,200 shares, and the minimum investment is ₹1,29,600 (one lot at the upper end of the price band). You bid in multiples of one lot.

When is the Megatherm Induction IPO allotment and listing date?

The Megatherm Induction IPO timeline is: basis of allotment on 1 Feb 2024, refunds from 2 Feb 2024, credit of shares to demat accounts on 2 Feb 2024, listing on 5 Feb 2024.

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Megatherm Induction IPO

Megatherm Induction Limited

₹1,29,600/ 1200 shares

Minimum investment

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Megatherm Induction IPO Details

Bidding date

29 Jan - 31 Jan 2024

Price range

₹100 - ₹108

Minimum quantity

1,200

Minimum investment

₹1,29,600

Issue size

₹39 Cr.

Listing exchange

NSE/BSE

Megatherm Induction IPO Dates & Timeline

29 Jan, 2024

Opening date

31 Jan, 2024

Closing date

01 Feb, 2024

Basis of allotment

02 Feb, 2024

Initiation of refunds

02 Feb, 2024

Credit of shares

05 Feb, 2024

Listing date

Megatherm Induction IPO is an initial public offering of Megatherm Induction Limited shares with a price band of ₹100 to ₹108 per share, which was open for bidding from 29 Jan 2024 to 31 Jan 2024. This page gives investors the IPO dates, price band, lot size, subscription status and allotment timeline.

How to Apply for Megatherm Induction IPO: Step-by-Step Guide

Research the IPO:Review the prospectus and company details.
Open accounts:Ensure you have a demat and trading account.
Check dates:Note the IPO opening and closing dates.
Apply online:Log in to your brokerage account and complete the IPO application form.
Make payment:Pay through your linked bank account.
Submit application:Confirm and submit your application.
Track status:Monitor the allotment status and check for shares in your demat account upon listing.