SMEClosed

Megatherm Induction Limited IPO Subscription Status

📅Offer Date: 29 Jan 2024 – 31 Jan 2024

Minimum investment
₹1,29,6001200 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total196.11x
QIB0.00x
NII0.00x
Retail200.51x

Megatherm Induction Limited IPO was subscribed 196.11x in total when bidding closed on 31 Jan 2024, with 0.00x in the QIB category, 0.00x in NII, 200.51x in retail. The issue ran from 29 Jan 2024 to 31 Jan 2024 at a price band of ₹100.00–₹108.00 per share.

QIB0.00xNII0.00xRetail200.51xTotal196.11x1×

Times subscribed by category against the 1× line.

201
≈ 1 in 201 retail allotment
low allotment chance

Based on retail subscription (200.51x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail16,59,60033,27,66,396200.51x
Total33,19,20065,09,28,312196.11x
QIB / NII9,48,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail17.923593.88200.51x
QIB / NII10.24—0.00x
Total28.163593.88196.11x

Values derived from share count × issue price (₹108.00)

What this means for allotment & listing

Because Megatherm Induction Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Megatherm Induction Limited IPO subscription FAQs