Comparison between Megatherm Induction IPO and Qualitek Labs IPO.
IPO Details
Megatherm Induction IPO is a SME Fixed Price IPO proposed to list at NSE SME while Qualitek Labs IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Megatherm Induction IPO is up to ₹51.20 Cr whereas the issue size of the Qualitek Labs IPO is up to ₹18.65 Cr. The final issue price of Megatherm Induction IPO is ₹108.00 per share and of Qualitek Labs IPO is ₹100.00 per share.
IPO Timetable
Megatherm Induction IPO opens on Jan 29, 2024, while Qualitek Labs IPO opens on Jan 18, 2024. The closing date of Megatherm Induction IPO and Qualitek Labs IPO is Jan 31, 2024, and Jan 23, 2024, respectively.
| | Megatherm Induction IPO | Qualitek Labs IPO |
|---|
| Anchor Bid Date | Jan 25, 2024 | |
| Issue Open | Jan 29, 2024 | Jan 18, 2024 |
| Issue Close | Jan 31, 2024 | Jan 23, 2024 |
| Basis Of Allotment (Tentative) | Feb 01, 2024 | Jan 24, 2024 |
| Initiation of Refunds (Tentative) | Feb 02, 2024 | Jan 25, 2024 |
| Credit of Share (Tentative) | Feb 02, 2024 | Jan 25, 2024 |
| Listing date (Tentative) | Feb 05, 2024 | Jan 29, 2024 |
| Anchor Lockin End date 1 | Mar 02, 2024 | |
| Anchor Lockin End date 2 | May 01, 2024 | |
Financials & KPIs
Megatherm Induction IPO P/E ratio is 10.68, as compared to Qualitek Labs IPO P/E ratio of 18.21.
Shares Offered
In the Megatherm Induction IPO Retail Individual Investors (RII) are offered 16,59,600 shares while in Qualitek Labs IPO retail investors are offered 16,59,600 shares. Qualified Institutional Buyers (QIB) are offered 9,48,000 shares in Megatherm Induction IPO and in Qualitek Labs IPO.
| | Megatherm Induction IPO | Qualitek Labs IPO |
|---|
| Anchor Investor Reservation | 14,22,000 shares | |
| Market Maker Reservation | 2,50,800 shares | 99,600 shares |
| QIB | 9,48,000 shares | |
| NII | 7,11,600 shares | 9,32,400 shares |
| RII | 16,59,600 shares | 9,32,400 shares |
| Total | 47,41,200 shares | 18,64,800 shares |
Bids Received (Subscription)
Megatherm Induction IPO subscribed 137.29x in total, whereas Qualitek Labs IPO subscribed 54.30x.
