24
Jan
Kolkata (West Bengal) [India], January 24: Megatherm Induction Limited Incorporated in 2010 specializes in the manufacture of induction heating and melting products using electrical induction such as induction melting furnaces and induction heating equipment. The company is going to become public as it has announced to raise Rs 53.91 crores via an initial public offering (IPO) by issuing entirely a fresh issue of 49.92 lakh shares. For its SME Initial Public Offering (IPO), MegathermInduction Limited has established a price band of Rs 100 to Rs 108 per share. The company’s shares will be listed on the NSE Emerge, with a projected listing date of Monday, February 05, 2024. Hem Securities Limited is the book running lead manager of Megatherm Induction Ltd IPO, while Bigshare Services Pvt Ltd is…
