Comparison between Megatherm Induction IPO and Qualitek Labs IPO.
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.
| Megatherm Induction IPO | Qualitek Labs IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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.
| Megatherm Induction IPO | Qualitek Labs IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹100.00 per share | |
| Issue Price (Upper) | ₹108.00 per share | |
| Issue Price (Final) | ₹108.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 47,41,200 shares | 18,64,800 shares |
| Fresh Issue Size (Amount) | up to ₹51.20 Cr | up to ₹18.65 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 47,41,200 shares | 18,64,800 shares |
| Issue Size Total (Amount) | up to ₹51.20 Cr | up to ₹18.65 Cr |
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 |
Megatherm Induction IPO P/E ratio is 10.68, as compared to Qualitek Labs IPO P/E ratio of 18.21.
| Megatherm Induction IPO | Qualitek Labs IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Megatherm Induction Limited Financial Information (Restated)Megatherm Induction Limited's revenue increased by 41.37% and profit after tax (PAT) rose by 1171.94% between the financial year ending with March 31, 2023 and March 31, 2022.
| Qualitek Labs Limited Financial Information (Restated Standalone)Qualitek Labs Limited's revenue increased by 61.03% and profit after tax (PAT) rose by 161.43% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 98.92 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.71 | 73.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.68 | 18.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹203.48 Cr. | ₹73.72 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.66% | 50.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.47% | 13.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.11 | ₹5.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.66% | 30.10% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 Reserveration | 14,22,000 shares | |
| Market Maker Reserveration | 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 |
| Employee | ||
| Others | ||
| Total | 47,41,200 shares | 18,64,800 shares |
Megatherm Induction IPO subscribed 196.11x in total, whereas Qualitek Labs IPO subscribed 58.95x.
| Megatherm Induction IPO | Qualitek Labs IPO | |
|---|---|---|
| QIB (times) | 105.14x | |
| NII (times) | 307.04x | 69.37x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 200.51x | 39.23x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 196.11x | 58.95x |
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