Master Components IPO GMP, Review, Price, Allotment

Last updated on September 29, 2023

Master Components IPO description – Incorporated in 1999, Master Components is engaged in manufacturing plastic engineering components and subassemblies. The company’s industrial capital goods products are used as input by the following sectors: Electrical, Industrial, Medical, and Automotive.

Master Components’ specialization and primary activities are moulding the materials to produce its components. Following are list of the services:

• Thermoplastic Injection Moulding
• Thermoset Injection Moulding
• Thermoset transfer moulding
• Compression Moulding

All the moulding takes place at the facility on machines that have a capacity ranging from 60-450 tonnes and it moulds products ranging from 1 gm to 1,500 gms. The company has an on-payroll employee strength of 25 persons as of 31 March 2023.

Promoters of Master Components – Mudduraj Kulkarni, Shrikant Joshi, Rajeshwari Kulkarni, and Anagha Joshi

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Master Components IPO Details

Master Components IPO Dates	18 – 21 September 2023
Master Components Issue Price	INR 140 Per Share
Fresh issue	7,00,000 shares (INR 9.80 crores)
Offer For Sale	4,02,000 shares (INR 5.63 crores)
Total IPO size	11,02,000 shares (INR 15.43 crores)
Minimum bid (lot size)	1,000 shares (INR 140,000)
Face Value	INR 10 per share
Retail Allocation	50%
Listing On	NSE SME

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Master Components Financial Performance

	FY 2021	FY 2022	FY 2023
Revenue	13.25	18.24	20.70
Expenses	12.23	17.12	18.48
Net income	0.77	0.94	1.71

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Master Components Offer News

• Master Components RHP
• Master Components Draft Prospectus
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

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Master Components Valuations & Margins

	FY 2021	FY 2022	FY 2023
EPS	2.34	2.84	5.17
PE ratio	–	–	27.08
RONW (%)	8.57	9.42	14.63
NAV	–	–	35.31
ROCE (%)	11.73	12.50	19.91
EBITDA (%)	16.28	12.69	16.14
Debt/Equity	0.24	0.17	0.08

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Master Components IPO GMP Today

Date	Consolidated IPO GMP	Kostak	Subject to Sauda
Coming soon	–		–

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Master Components IPO Subscription – Live Updates

Category	NII	Retail	Total
Shares Offered	579,000	523,000	1,102,000
21 Sep 2023	5.42	10.11	7.64
20 Sep 2023	1.64	2.17	1.89
18 Sep 2023	1.09	0.85	0.97

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Master Components IPO Allotment Status

Master Components IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

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Master Components IPO Dates & Listing Performance

IPO Opening Date	18 September 2023
IPO Closing Date	21 September 2023
Finalization of Basis of Allotment	26 September 2023
Initiation of refunds	27 September 2023
Transfer of shares to demat accounts	28 September 2023
IPO Listing Date	29 September 2023
Opening Price on NSE SME	INR 140.40 per share (up 0.29%)
Closing Price on NSE SME	INR 140.20 per share (up 0.14%)

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Master Components Offer Lead Manager

ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort,
Mumbai – 400 001
Phone: +91 22 – 6216 6999
Email: [email protected]
Website: www.afsl.co.in

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Master Components Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com

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Master Components Contact Details

MASTER COMPONENTS LIMITED
Plot No. D-10/A and D-10/B,
M.I.D.C, Ambad, Nashik -422010, Maharashtra
Phone: +91 9823016315/ 9823154115
E-mail: [email protected]
Website: www.master-group.in/master-components

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IPO FAQs