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15 Days Price Change

Megatherm Induction IPO

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Issue Size --
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Price Range 100  to  108 per share
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Min Investment ₹108
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Lot Size 1
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Face Value ₹10
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Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Megatherm Induction Limited, a prominent player in the industrial heating solutions sector, is gearing up for its Initial Public Offering (IPO). Renowned for its cutting-edge induction heating technologies, Megatherm has established itself as a reliable provider of efficient and sustainable solutions for diverse industries. The company's expertise spans induction melting, heating, and hardening applications, catering to the evolving needs of the manufacturing landscape. The IPO is a strategic move to capitalize on growing market demand, enabling Megatherm to enhance production capabilities, expand its product portfolio, and reinforce its market presence. Investors looking for opportunities in the industrial heating sector may find Megatherm Induction Limited's IPO appealing, given its track record of technological innovation and industry leadership. Read More

Basic Info

Face Value 10 per share

Price 100  to  108 per share

P/E (x) 9.6

Sales( Cr.) 321

PAT( Cr.) 21

EPS 11.3

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Shesadri Bhusan Chanda Satadri Chanda Megatherm Electronics Private Limited.

Pre Issue Share Holding 100%

Post Issue Share Holding 56.26%

Listing Details:

Listing Price: 198

Listing Gain: 45.45%

Current Price: 216.9

Gain On Issue: 216.9 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 29, 2024
Closing Date Jan 31, 2024
Allotment Feb 01, 2024
Refund Feb 02, 2024
Delivery of Shares Feb 02, 2024
Listing Date Feb 05, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 129,600
Retail (Max) 1 1200 129,600
S-HNI (Min) 2 2400 259,200
S-HNI (Max) 7 8400 907,200
B-HNI (Min) 8 9600 1,036,800

Objective of the Issue

1. Funding capital expenditure towards the construction of factory shed and installation of additional plant and machinery. 2. To meet Working Capital requirements. 3. General Corporate Purpose.

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 0 0 0x
Retail 0 0 0x
EMP 0 0 0x
Total 4992000 978981120 196.1x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Megatherm Induction Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 109 188 266 306 321
Other Income 0 1 1 1 3
Total Income 109 188 266 307 324
Total Expenditure 96 180 238 270 285
Operating Profit 13 9 28 37 39
Interest 7 5 6 6 6
Depreciation 2 2 2 3 4
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 4 2 20 28 29
Provision for Tax 1 0 6 7 8
Profit After Tax 3 1 14 21 21
Adjustments 0 0 0 0 0
Profit After Adjustments 3 1 14 21 21
Adjusted Earnings Per Share 2.3 0.8 10.1 11 11.3

Megatherm Induction Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 35 37 51 120 142
Minority's Interest 0 0 0 0 0
Borrowings 17 9 14 6 3
Other Non-Current Liabilities 4 4 4 11 13
Total Current Liabilities 90 123 127 145 141
Total Liabilities 146 173 196 282 298
Fixed Assets 43 40 58 64 77
Other Non-Current Assets 2 4 10 18 21
Total Current Assets 102 129 128 200 201
Total Assets 146 173 196 282 298

Megatherm Induction Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 4 8 14 17 39
Cash Flow from Operating Activities 14 17 26 23 16
Cash Flow from Investing Activities -5 -3 -20 -37 -20
Cash Flow from Financing Activities -6 -7 -3 36 -10
Net Cash Inflow / Outflow 4 7 3 22 -14
Closing Cash & Cash Equivalent 8 14 17 39 26

Megatherm Induction Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.26 0.8 10.11 11 11.31
CEPS(Rs) 3.79 2.28 11.87 12.8 13.41
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 25.64 26.44 36.56 63.88 75.18
Core EBITDA Margin(%) 12.08 4.22 10.36 11.77 11.14
EBIT Margin(%) 10.38 3.47 9.66 11.03 10.9
Pre Tax Margin(%) 3.9 0.81 7.46 9.01 9.03
PAT Margin (%) 2.84 0.59 5.27 6.77 6.65
Cash Profit Margin (%) 4.77 1.68 6.18 7.87 7.89
ROA(%) 2.11 0.69 7.59 8.66 7.34
ROE(%) 8.8 3.07 32.1 24.24 16.26
ROCE(%) 14.44 8.38 30.12 27.03 21.13
Receivable days 82.45 48.3 33.15 32.89 38.36
Inventory Days 178.69 118.42 95.82 91.05 101.76
Payable days 139.05 80.36 72.61 69.14 66.8
PER(x) 0 0 0 23.42 24.05
Price/Book(x) 0 0 0 4.03 3.62
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.39 0.17 0.12 1.51 1.54
EV/Core EBITDA(x) 3.17 3.68 1.1 12.4 12.71
Net Sales Growth(%) 0 72.31 41.55 15.18 4.65
EBIT Growth(%) 0 -42.46 294.15 31.57 3.47
PAT Growth(%) 0 -64.38 1171.94 47.98 2.81
EPS Growth(%) 0 -64.77 1171.95 8.77 2.81
Debt/Equity(x) 1.23 1.1 0.85 0.3 0.23
Current Ratio(x) 1.13 1.05 1.01 1.38 1.43
Quick Ratio(x) 0.54 0.49 0.45 0.81 0.74
Interest Cover(x) 1.6 1.3 4.4 5.47 5.82
Total Debt/Mcap(x) 0 0 0 0.07 0.06

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 5% 20% 0% 0%
Operating Profit CAGR 5% 63% 0% 0%
PAT CAGR 0% 176% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -32% NA% NA% NA%
ROE Average 16% 24% 17% 17%
ROCE Average 21% 26% 20% 20%

Company Contact Information

Megatherm Induction Ltd.

Plot- L1 Block G P, Sector V Electronics Complex Salt Lake City

IPO Lead Manager(s)

Megatherm Induction Ltd.

Hem Securities Ltd.

Registrar Info

Megatherm Induction Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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