Megatherm Induction IPO — Listing Performance
Megatherm Induction IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 29 Jan 2024 |
| Listing date | 5 Feb 2024 |
| Issue price | ₹108 |
| Listing-day close | ₹207.90 (92.5%) |
| Recent market price | ₹251 (132.41% vs issue) |
| 52-week range | ₹171.65 – ₹312.55 |
| Identifiers | NSE: MEGATHERM · ISIN: INE531R01010 |
How the listing went
Megatherm Induction delivered a blockbuster debut, closing its first session 92.5% above the issue price.
Megatherm Induction against every other debut on record
- Rank in 2024: 63 of 262 NSE debuts, on a 92.5% first-day close.
- 68th percentile of 176 SME debuts in 2024 (median 41.27%).
- 8th of 25 debuts in February 2024.
- Opened 83.33% above issue, then added 9.17 points to the close.
- Day-one range ₹195 to ₹207.90: a 11.94% swing on the issue price.
- Last close ₹251 (11 Sep 2026): 132.41% above issue, against 92.5% on day one.
- 56% up its 52-week range of ₹171.65 to ₹312.55.
- Priced at the top of the ₹100 to ₹108 band.
- Listed 5 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources