IPO Issue Details
Issue Price / Price Band₹140 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size11,02,000 shares (aggregating up to ₹15.43 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 18 Sep 2023
Subscription CloseThu, 21 Sep 2023
Anchor AllotmentSun, 17 Sep 2023
Basis of AllotmentTue, 26 Sep 2023
Initiation of RefundsWed, 27 Sep 2023
Credit of Shares to DematThu, 28 Sep 2023
Listing DateFri, 29 Sep 2023
UPI Mandate Deadline2023-09-21
Application & Investment Details
Retail — Min (1 Lots)₹1,40,000 — 1,000 shares
Retail — Max (13 Lots)₹1,820,000 (13 Lots)
HNI — Min (2 Lots)₹2,80,000 — 2,000 shares
EPS (Pre-IPO)₹5.17
P/E Ratio (Pre-IPO)27.09x
P/E Ratio (Post-IPO)32.86x
Net Offer to Public10,46,000 shares (aggregating up to ₹14.64 Cr)
Reserved for Market Maker56,000 shares (aggregating up to ₹0.7840 Cr)
Pre-IPO Promoter Holding33,00,000 shares
Post-IPO Promoter Holding40,00,000 shares
Fresh Issue Shares6,44,000 shares (aggregating up to ₹9.02 Cr)
Offer for Sale Shares4,02,000 shares of ₹10 (aggregating up to ₹5.63 Cr)
About Master Components Ltd.
Incorporated in 1999, Master Components Limited is engaged in manufacturing plastic engineering components and sub-assemblies.The company's primary activity is molding the materials to produce new components for Electrical, Medical, Industrial, and Automotive sector applications. Following is the list of their services:Thermoplastic Injection MoldingThermoset Injection MoldingThermoset transfer moldingCompression MoldingMaster Components' manufacturing facility is located in Nashik on the Mumbai- Pune Highway. The facility has a capacity ranging from 60-450 tonnes and the products molded range from 1gm to 1500 gms.As of March 31, 2023, the company has over 25 employees. The company also employs contract employees for project-specific work from time to time.Master Components Limited is a part of Master Group, which has more than 3 factories and over 120 employees. Master Group also owns Master Mould Pvt. Ltd., a designing and manufacturing company of all types of injection, compression, and transfer molds.
Objects of the Issue
Master Components Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding Working capital requirements;
6.82
2
General Corporate Purpose
1.93
Shareholding & Lock-in
Pre-IPO Promoter Holding
33,00,000 shares
Post-IPO Promoter Holding
40,00,000 shares