Master Components Limited is engaged in manufacturing plastic engineering components and subassemblies. The company has in- house manufacturing plant for the complete end to end process located at D-10A and D-10B, M.I.D.C, Ambad, Nasik -422010, Maharashtra.
The company is a International Automotive Task Force (IATF)- 16949-2016 certified and also ISO 9001:2015 certified for Quality Management and believe in improving each day.
Master Components specialization and primary activity is moulding the materials to produce its components. Following are list of our services:
- Thermoplastic Injection Moulding
- Thermoset Injection Moulding
- Thermoset transfer moulding
- Compression Moulding
All the moulding takes place at company facility on machines which has a capacity ranging from 60-450 tonnes and Master Components mould products ranging from 1gm to 1500gms.
As on 31 March 2023, the company has on-payroll employee strength of 25 persons.
Master Components IPO – Details
| IPO Opening Date | 18 September 2023 |
| IPO Closing Date | 21 September 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 11,02,000 Shares Worth ₹15.43 Crore Fresh Issue: 7,00,000 Shares Worth ₹9.80 Crore Offer For Sale: 4,02,000 Shares Worth ₹5.63 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹140 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Master Components IPO – Date Schedule
| IPO Open Date | 18 September 2023 |
| IPO Close Date | 21 September 2023 |
| Basis of Allotment | 26 September 2023 |
| Initiation of Refund | 27 September 2023 |
| Credit of Shares to Demat Account | 28 September 2023 |
| IPO Listing Date | 29 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Sep 21, 2023 |
Master Components IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1000 | 1,40,000 |
| Retail (Maximum) | 1 | 1000 | 1,40,000 |
| HNI (Minimum) | 2 | 2000 | 2,80,000 |
Competitive Strengths
- Strategic Location of Unit.
- Experienced Promoters and team.
- Strong Financial Performance.
- Long standing relationship with Customers.
Company Promoters
- Mudduraj Kulkarni
- Shrikant Joshi
- Rajeshwari Kulkarni
- Anagha Joshi
Object Of The Issue
- Funding Working capital requirements.
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 13.29 | 12.23 | 0.77 | 2.16 |
| 31 March 2022 | 18.42 | 17.12 | 0.94 | 1.73 |
| 31 March 2023 | 20.90 | 18.48 | 1.71 | 0.94 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 27.09 |
| Market Cap (₹ Cr.) | 56.00 |
| ROE | 59.68 |
| ROCE | 59.24 |
| Debt/Equity | 0.08 |
| EPS (Rs) | 5.17 |
| RoNW | 14.63 |
Master Components IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.45% |
Master Components IPO Prospectus
Company Contact Information
| Master Components Limited Plot No. D-10/A and D-10/B, M.I.D.C, Ambad, Nashik – 422010, Maharashtra Phone: +91 9823016315/ 9823154115 Email: compliance@master-components.com Website: www.master-group.in/mastercomponents.html |
Master Components IPO Registrar
| 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(s)
| 1. Aryaman Capital Markets Limited |
Master Components IPO FAQs
| What is Master Components IPO? Master Components IPO is a SME IPO. The issue is priced at ₹140 per equity share. The IPO is to be listed on NSE SME. |
| When Master Components IPO will open? The IPO is to open on 18 September 2023 for Other – 50% and Retail – 35% Investors. |
| How to Master Components IPO? You can apply Master Components IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Master Components IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Master Components”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Master Components IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Master Components”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Master Components IPO Size? Master Components IPO size is ₹15.43 crores. |
| What is Master Components IPO Price Band? Master Components IPO Price Band is ₹140. |
| What is Master Components IPO Minimum and Maximum Lot Size? The minimum bid is 1000 Shares with ₹1,40,000 amount while the maximum bid is 1000 shares with ₹1,40,000 . |
| What is the Master Components IPO Allotment Date? Master Components IPO allotment date is 26 September 2023. |
| What is the Master Components IPO Listing Date? Master Components IPO listing date is 29 September 2023. The IPO is to list on NSE SME. |
