Master Components IPO Details ( Master Components Limited IPO Review )
(18 Sep 2023 – 21 Sep 2023)
Master Components Limited, established back in 1999, specializes in manufacturing plastic engineering parts and assemblies. They are all about molding materials into new components used in various sectors like Electrical, Medical, Industrial, and Automotive. Here’s a breakdown of what they offer:
- Thermoplastic Injection Molding: Creating components using heat-molded plastics.
- Thermoset Injection Molding: Crafting parts with heat-set plastics.
- Thermoset Transfer Molding: Utilizing heat to shape thermoset materials.
- Compression Molding: The process of compressing materials to create components.
You can find their manufacturing hub in Nashik, situated along the Mumbai-Pune Highway. This facility boasts a production capacity ranging from 60 to 450 tonnes, and the products they create vary from 1 gram to 1500 grams in weight.
As of March 31, 2023, Master Components Limited has a dedicated team of over 25 employees, and they also engage contract workers for specific projects as needed.
Worth noting, they are part of the Master Group, a conglomerate with more than three factories and a workforce of over 120 employees. Within the group, they have another entity, Master Mould Pvt. Ltd., specializing in the design and production of various injection, compression, and transfer molds.
Master Components Limited Company Product
- Electrical Components
- Thermoplastics
- Thermosets
- Automotive Components
- Medical Components
Master Components Limited IPO Competitive Strength
- Experienced Promoters And Teams
- Strong Financial Performance
- Long Standing Relation With Customers
- Strategic Location Of Unit
Master Components IPO Financials Performance ( Results )
Master Components Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 1,460.93 | 1,535.68 | 132.22 | 4.01 | 824.90 | – | 794.90 | 376.54 |
| 31-Mar-21 | 1,419.09 | 1,327.72 | 76.14 | 2.31 | 901.04 | 27.30 | 871.04 | 216.29 |
| 31-Mar-22 | 1,485.24 | 1,842.50 | 93.73 | 2.84 | 994.77 | 30.14 | 964.77 | 173.33 |
| 31-Mar-23 | 1,659.17 | 2,090.03 | 170.54 | 5.17 | 1,165.31 | 35.31 | 835.31 | 93.96 |
Objective of IPO Issue
- Funding Working capital requirements.
- General corporate purpose.
Master Components IPO Basic Details
| IPO Date | Sep 18, 2023 to Sep 21, 2023 |
| Listing Date | Friday, September 29, 2023 |
| Face Value | ₹10 per share |
| Price | ₹140 per share |
| Lot Size | 1000 Shares |
| Issue Size | 1,102,000 shares of ₹10 (aggregating up to ₹15.43 Cr) |
| Fresh Issue | 700,000 shares of ₹10 (aggregating up to ₹9.80 Cr) |
| Offer for Sale | 402,000 shares of ₹10 (aggregating up to ₹5.63 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 3,300,000 |
| Share holding post issue | 4,000,000 |
| Company Promoters | Mudduraj Kulkarni, Shrikant Joshi, Rajeshwari Kulkarni, and Anagha Joshi |
Master Components IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Master Components IPO Timetable
Master Components IPO will open on September 18, 2023 and close on September 21, 2023. You can join Master Components IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 18 September 2023 (Monday) |
| Closing Date | 21 September 2023 (Thursday) |
| Basis of Allotment | 26 September 2023 (Tuesday) |
| Initiation of Refunds | 27 September 2023 (Wednesday) |
| Credit of Shares to Demat | 28 September 2023 (Thursday) |
| Listing Date | 29 September 2023 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 21 September 2023 |
Master Components IPO Lot Size
For retail investors in Master Components IPO, 1000 shares will come in 1 lot or the minimum investment will be ₹140,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹140,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1000 | ₹140,000 |
| Retail (Max) | 1 | 1000 | ₹140,000 |
| S-HNI (Min) | 2 | 2000 | ₹280,000 |
Master Components IPO Promoter Holding
The company’s promoters include Mudduraj Kulkarni, Shrikant Joshi, Rajeshwari Kulkarni, and Anagha Joshi.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.41% |
Master Components Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 56 |
| Earning Per Share (EPS) | ₹5.17 per Equity Share |
| Net Asset Value (NAV) | ₹35.31 per Equity Share |
| P/E Ratio (P/E) (x) | 27.09 |
| Post P/E Ratio (P/E) (x) | 32.86 |
| Return on Net Worth (RoNW) (%) | 14.63 |
| Return on equity (ROE) (%) | 59.68 |
| Return on Capital Employed (ROCE) (%) | 59.24 |
| Debt/Equity Ratio | 0.08 |
Master Components Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Master Components Limited | Consolidated | 140.00 | 10.00 | 5.17 | 27.09 | 14.63 | 35.31 |
| Peer Group | |||||||
| Bright Brothers Limited | Consolidated | 171.60 | 10.00 | – | – | -5.22 | 127.86 |
| Shaily Engineering Plastic Ltd | Consolidated | 1,720.30 | 10.00 | 38.32 | 44.89 | 8.76 | 437.56 |
| Mitsu ChemPlast Litmited | Consolidated | 182.80 | 10.00 | 9.78 | 18.69 | 18.91 | 51.71 |
Master Components IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 22 September 2023 | ₹0 | – | – |
| 21 September 2023 | ₹0 | – | – |
| 20 September 2023 | ₹0 | – | – |
| 19 September 2023 | ₹0 | – | – |
| 18 September 2023 | ₹0 | – | – |
| 17 September 2023 | ₹0 | – | – |
Master Components IPO Detail Video:
link
Master Components IPO Subscription Status (Bidding Detail)
The Master Components IPO on September 21, 2023 at 7:30:00 PM was subscribed 8.20 times, with the retail category being subscribed 10.11 times, the other category being subscribed 5.89 times.
| Category | Subscription |
| Other | 5.89x |
| Retail | 10.11x |
| Total | 8.20x |
Master Components IPO Prospectus
| Master Components IPO DRHP | Download |
| Master Components IPO RHP | Download |
| Master Components IPO Anchor Investors Details PDF | Download |
Master Components IPO Rating
| Our Rating | 2.0/5.0 |
Master Components Company Contact Information
Master Components Limited
Registered Office: Plot No. D-10/A and D-10/B, M.I.D.C, Ambad,
Nashik -422010, Maharashtra
Tel No.:+91 9823016315/ 9823154115
Email: compliance@master-components.com
Website: www.master-group.in/master-components.html
Contact Person: Akshada Bhase, Company Secretary and Compliance Officer.
Our Promoters: Mudduraj Kulkarni, Shrikant Joshi, Rajeshwari Kulkarni and Anagha Joshi
Master Components IPO Registrar
Bigshare Services Private Limited
Registered Office: Office No S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road, Andheri (East),
Mumbai – 400093
Tel. No.: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Babu Raphael
SEBI Registration No.: INR000001385
Master Components IPO Lead Manager
Aryaman Financial Services Limited
Registered Office: 60, Khatau Building, Ground Floor, Alkesh Dinesh
Modi Marg Fort, Mumbai – 400 001
Tel No.: +91 22 6216 6999
Email: ipo@afsl.co.in
Website: www.afsl.co.in
Investor Grievance Email: feedback@afsl.co.in
Contact Person: Vatsal Ganatra
SEBI Registration No.: INM000011344
Master Components IPO FAQs
What is the lot size of Master Components IPO?
The total size of Master Components IPO is ₹15.43 crores out of which ₹9.80 crores is fresh issue and ₹5.63 crores is offer for sale (OFS).
When will Master Components IPO start?
Master Components IPO will open from 18 September 2023 and IPO will close on 21 September 2023.
What is the open date of Master Components IPO?
Master Components IPO will open date from 18 September 2023.
What is the last date ( close date ) of Master Components IPO?
Master Components IPO will close from 21 September 2023.
What is the price band of Master Components IPO?
Master Components IPO price band is ₹140.
What is the minimum amount required to apply for Master Components IPO?
The minimum investment for retailers to apply for Master Components IPO is ₹140,000 and the maximum investment is ₹140,000.
What is going on gray market premium of Master Components IPO?
View gray market premium of Master Components IPO by Clicking Here
How much is the GMP of Master Components IPO?
Watch Master Components IPO GMP Today: Click Here
What is the allotment date of Master Components IPO?
The allotment date of Master Components IPO is 26 September 2023.
How to check allotment status in Master Components IPO?
To check the allotment status of Master Components IPO, first of all go to the registrar website by clicking here, select your bad Master Components IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Master Components IPO?
The listing date of Master Components IPO is 29 September 2023.
How much will be the listing gain in Master Components IPO?
View listing gain of Master Components IPO by Clicking Here
How much time Master Components IPO is subscribed?
Total 8.20 times subscribed in Master Components IPO out of which 10.11 times subscription was done in retail quota, 5.89 times subscription in other quota.
How to apply for Master Components IPO from Upstox?
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