Megatherm Induction Limited IPO – GMP, Review, Share Price, Subscription, and Details

1.Megatherm Induction Limited IPO Overview

The initial public offering (IPO) of Megatherm Induction Limited is a public issue under the SME board. The subscription window is scheduled to open on Jan 29, 2024 and close on Jan 31, 2024, with the price band fixed at ₹100–108 per equity share.

2.Issue Details at a Glance

3.Bidding, Allotment & Listing Timeline

• Bidding opens: Jan 29, 2024
• Bidding closes: Jan 31, 2024
• Allotment date: TBA
• Listing date: 2024-02-05
• Minimum investment: ₹1,20,000 for 1200 shares
• Registrar: Bigshare Services Pvt Ltd
• Official document: Download Megatherm Induction Limited RHP PDF

4.Megatherm Induction Limited IPO GMP Today

No grey market premium has been recorded for Megatherm Induction Limited yet. GMP is an informal, unregulated indicator of listing-day sentiment and is not published by any exchange.

5.How to Apply for Megatherm Induction Limited IPO

1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
2. 2Search for "Megatherm Induction Limited IPO" and select it from the list of current issues.
3. 3Choose your demat account and enter your bid quantity in multiples of the 1200-share lot, at a price within the ₹100–108 band (or bid at cut-off, if eligible).
4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2024-02-05 on BSE and NSE. Once finalised, check your status on the Megatherm Induction Limited IPO allotment status page.

6.How to Track Subscription & Allotment

• Live subscription: Track QIB, NII and retail bidding on the IPO subscription status page
• Allotment status: Check your application on the IPO allotment status page
• Full IPO details: See dates, lot size, reservation and financials on the Megatherm Induction Limited IPO page
• More issues: Browse current IPOs, upcoming IPOs and the IPO event calendar

7.Conclusion

Megatherm Induction Limited opens on Jan 29, 2024 and closes on Jan 31, 2024 at ₹100–108 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.