Dear Investor Master Components’s IPO opens on 18 September and closes on 21 September 2023, price of ₹140 per share. Master Components Limited’s IPO total issue size is ₹15.43 Cr.
Master Components Limited Company Details
Founded in 1999, Master Components has emerged as a prominent manufacturer of Plastic Engineering Components and Sub-Assemblies. Our organization prides itself on several key strengths, including cutting-edge production facilities, a seasoned team of professionals, a highly skilled workforce, and a strong commitment to quality services and innovation.
At Master Components Limited, we specialize in various molding techniques, including Thermoplastic Injection Moulding, Thermoset Injection Moulding, and Transfer Moulding Compression Moulding. Our machinery boasts a capacity spanning from 60 Tons to 450 Tons, allowing us to manufacture a wide range of products, varying from 1 gram to 3000 grams in weight.
Master Components Limited IPO Dates, Price, Lot Size, Review, Allotment Date
Master Components IPO opens on September 18, and closes on September 21.
Master Components Limited SME IPO Date
| IPO Start | Monday, September 18, 2023 |
| IPO Close | Thursday, September 21, 2023 |
| Basis of Allotment | Tuesday, September 26, 2023 |
| Initiation of Refunds | Wednesday, September 27, 2023 |
| The credit of Shares to Demat | Thursday, September 28, 2023 |
| Listing Date | Friday, September 29, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 21, 2023 |
Master Components SME IPO Price
| Share Price | ₹114 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 1,102,000 shares (aggregating up to ₹15.43 Cr) |
| Fresh Issue | 700,000 shares (aggregating up to ₹9.80 Cr) |
| Offer for Sale | 17,236,808 shares of ₹5 (aggregating up to ₹1,784.01 Cr) |
| Employee Discount | No |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE, NSE |
| Shareholding pre-issue | 3,300,000 |
| Shareholding post issue | 4,000,000 |
| Face Value | ₹10 per share |
Master Components Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹14,0000 |
| Retail (Max) | 1 | 1000 | ₹14,0000 |
| B- HNI (Min) | 2 | 2000 | ₹280,000 |
Master Components Reservation
Master Components sme IPO a total of 1,102,000 shares are offered. RII: 523,000 (47.46%), NII: 523,000 (47.46%).
| Market Maker Shares Offered | 56,000 (5.08%) |
| Other Shares Offered | 523,000 (47.46%) |
| Retail Shares Offered | 523,000 (47.46%) |
Master Components IPO Promoter Holding
Mudduraj Kulkarni, Shrikant Joshi, Rajeshwari Kulkarni, and Anagha Joshi are the company’s promoters.
- Pre Issue Share Holding – 66.42%
- Post Issue Share Holding – 62.77%
Master Components IPO Financial Information (Restated Consolidated)
| Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 1,460.93 | 1,419.09 | 1,485.24 | 1,659.17 |
| Revenue | 1,535.68 | 1,327.72 | 1,842.50 | 2,090.03 |
| Profit After Tax | 132.22 | 76.14 | 93.73 | 170.54 |
| Net Worth | 824.90 | 901.04 | 994.77 | 1,165.31 |
| Reserves and Surplus | 794.90 | 871.04 | 964.77 | 835.31 |
| Total Borrowing | 376.54 | 216.29 | 173.33 | 93.96 |
Master Components IPO GMP today
Master Components IPO Gray Markets Premium is ₹-
Master Components IPO Review
This company operates within an intensely competitive and fragmented market segment. While it has demonstrated growth in its top-line revenue, the remarkable earnings for FY23 have raised concerns regarding the sustainability of profit margins. Considering the company’s performance in FY23, the pricing of its issue seems overly aggressive. Furthermore, the relatively small equity capital post-IPO suggests a more extended period for transitioning to the mainboard. Therefore, it may be advisable to exercise caution and consider avoiding this expensive investment opportunity.
