Listing Details
- Listing Exchange NSE SME
- Listing Date 29-Sep-23
- IPO Price Range ₹ 140
- Listing Price ₹ 140.4
- Listing Change 0.3%
- Last Traded Price ₹ 149.9
- Current Change 7.1%
Master Components IPO Details
- Open Date 18-Sep-23
- Close Date 21-Sep-23
- Lot Size 1000
- IPO Size ₹ 15.46 Cr
- IPO Price Range ₹ 140
- Min Investment ₹ 140000
- Listing Exchange NSE SME
- Basis of Allotment 26-Sep-23
- Refunds 27-Sep-23
- Credit to Demat Account 28-Sep-23
- Listing Date 29-Sep-23
Master Components IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 18-Sep-23 | - | 1.21 | 0.87 | 1.04 |
| 20-Sep-23 | - | 1.71 | 2.19 | 1.95 |
| 21-Sep-23 | - | 5.89 | 10.11 | 8.20 |
Master Components IPO Synopsis
Master Components Limited IPO is all set to open from 18th September to 21st September 2023. The company is engaged in the business of producing plastic engineering components and sub-assemblies. The IPO includes a fresh issue of 700,000 shares worth ₹9.80 cr and an OFS of 402,000 worth ₹5.63 cr. The total IPO size is ₹15.43 cr. The share allotment date is 26th September, and the IPO will be listed on 29th September, on the stock exchanges. The price band is ₹140 per share and the lot size is 1000 shares.
Aryaman Financial Services Limited is the book-running lead manager for this IPO, while Bigshare Services Private Limited is the registrar.
Objectives of the Issue
Master Components Limited plans to utilize the raised capital from the IPO to:
• For working capital requirements.
• General corporate purpose.
About Master Components
Established in 1999, Master Components Limited is involved in the production of plastic engineering components and sub-assemblies. The core focus of the company lies in the molding of materials to create various components for the Electrical, Medical, Industrial, and Automotive sectors.
Master Components offers services in four key areas:
1. Thermoplastic Injection Molding
2. Thermoset Injection Molding
3. Thermoset Transfer Molding
4. Compression Molding
The company’s manufacturing facility is situated in Nashik, Maharashtra. It also has certifications including International Automotive Task Force (IATF)- 16949-2016 and ISO 9001:2015 certified for Quality Management.
Peer Comparison
• Bright Brothers Ltd
• Mitsu Chem Plast Ltd
• Shaily Engineering Plastic Ltd
For More Information:
Webstory on Master Components IPO
Master Components Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue | 20.70 | 18.24 | 13.25 |
| EBITDA | 3.34 | 2.32 | 2.23 |
| PAT | 1.71 | 0.94 | 0.77 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 16.59 | 14.85 | 14.19 |
| Share Capital | 3.30 | 0.30 | 0.30 |
| Total Borrowings | 4.94 | 4.90 | 5.18 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 2.64 | 0.79 | 2.03 |
| Net cash from / (used in) investing activities | -1.64 | -0.22 | -0.71 |
| Net cash flow from / (used in) financing activities | -0.885 | -0.59 | -1.86 |
| Net increase (decrease) in cash and cash equivalents | 0.11 | -0.0092 | -0.54 |
Master Components IPO Key Points
-
Strengths
1. The company is ISO 9001:2015 and International Automotive Task Force (IATF)- 16949-2016 certified.
2. Strong financial performance.
3. It has an experienced management team.
4. Long-lasting relationship with customers.
5. The company is strategically located at M.I.D.C which is a well-developed industrial area of Nashik. -
Risks
1. Negative cash flows in the past.
2. Foreign exchange risks.
3. The company has availed unsecured loans which are repayable on demand
4. Operates in a highly competitive industry.
5. Any pandemic-like situation can impact its operations.
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
Open account in 5 minutes
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Master Components IPO FAQs
What is the minimum lot size and investment required for the Master Components IPO?
The minimum lot size of Master Components is 1000 shares and the investment required is ₹1,40,000.
What is the price band of the IPO?
The price band of Master Components IPO is ₹140 per share.
When does the Master Components IPO issue open and close?
Master Components IPO opens from 18th September to 21st September 2023.
What is the size of the Master Components IPO?
The IPO size of Master Components IPO is ₹15.43 cr.
What is the allotment date of the Master Components IPO?
The share allotment date of Master Components IPO is 26th September 2023.
What is the Master Components IPO listing date?
The Master Components IPO will be listed on 29th September 2023.
Who are the book runners for the Master Components IPO?
Aryaman Financial Services Limited is the book-running lead manager for Master Components IPO.
What is the objective of Master Components IPO?
Master Components plans to utilize the raised capital from the IPO to:
1. For working capital requirements.
2. General corporate purpose.
How to apply for the Master Components IPO?
To apply for the IPO, follow the steps given below
• Login to your 5paisa account and select the issue in the current IPO section
• Enter the number of lots and the price at which you wish to apply for the Master Components Limited IPO.
• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
• You will receive a mandate notification to block funds in your UPI app.
Contact Details of Master Components IPO
Contact Information
Master Components Limited
Plot No. D-10/A
and D-10/B, M.I.D.C,
Ambad, Nashik - 422010
Phone: +91 9823016315
Email: compliance@master-components.com
Website: https://master-group.in/components
Master Components IPO Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Master Components IPO Lead Manager
Aryaman Financial Services Limited