The Master Components IPO commenced on September 14, 2023, and concluded on September 18, 2023. The allotment of shares took place on September 26, 2023, and the initiation of refunds began on September 27, 2023. The shares were credited to the demat accounts of investors on September 28, 2023. Finally, the listing of Master Components on the stock exchange occurred on September 29, 2023.
The Master Components IPO was priced at ₹140 per share, with a lot size of 1000 shares. The total issue size was ₹15.43 crores, comprising a fresh issue of ₹15.43 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Master Components IPO Basic Details
|Company Name||Master Components Limited|
|Domain of Company||Manufacturing Plastic Engineering|
Parts And Assemblies
|Master Components IPO GMP Today||₹00.00|
|Master Components IPO Listing Gain||00.00%|
|Master Components IPO Open Date||September 18, 2023|
|Master Components IPO Close Date||September 21, 2023|
|Master Components IPO Allotment Date||September 26, 2023|
|Master Components IPO Listing Date||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|
|Company Promoters||Mudduraj Kulkarni,|
and Anagha Joshi
Master Components IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|17 September 2023||₹0||0.00%||–||–|
Master Components IPO Details:
Founded in 1999, Master Components Limited specializes in crafting plastic engineering parts and sub-assemblies. Our main focus is molding materials to create new components for a wide range of industries, including Electrical, Medical, Industrial, and Automotive sectors. Here’s a breakdown of the services we offer:
- Thermoplastic Injection Molding
- Thermoset Injection Molding
- Thermoset Transfer Molding
- Compression Molding
Our manufacturing facility is situated in Nashik, right on the Mumbai-Pune Highway. It boasts a capacity spanning from 60 to 450 tonnes, allowing us to produce items ranging from 1 gram to 1500 grams.
As of March 31, 2023, we have a dedicated team of over 25 employees, and we occasionally bring in contract workers for specific projects.
Master Components Limited is proudly part of the Master Group, which comprises more than three factories and employs over 120 individuals. In addition, the Master Group owns Master Mould Pvt. Ltd., a company specializing in the design and manufacturing of various injection, compression, and transfer molds.
Master Components IPO More Details Click Here
Master Components IPO FAQs
When is Master Components IPO open?
Master Components IPO will open on 14 September 2023.
When is Master Components IPO Close?
Master Components IPO will be closed on 18 September 2023.
What is Master Components IPO GMP Today?
The Master Components IPO GMP aka Grey Market Premium is ₹0.
What is Master Components IPO Kostak Rates Today?
The Master Components IPO Kostak Rate is ₹000.
What is Master Components IPO Subject to Sauda Price Today?
The Master Components IPO subject to sauda rates is ₹000.
Master Components IPO Expected Returns?
The Master Components expected return is 0.00%.
How much will be the listing gain in Master Components IPO?
Master Components IPO will get listing gain of 0.00%. (Approx.)