The fixed price Master Components IPO is worth Rs 15.46 crores. The offering consists of an offer to sell 4.03 lakh shares for Rs 5.64 crores and a fresh issue of 7.01 lakh shares totaling Rs 9.81 crores.
The subscription period for the Master Components IPO begins on September 18, 2023, and ends on September 21, 2023. On Tuesday, September 26, 2023, the allotment for the IPO of Master Components is anticipated to be completed. The proposed listing date for the IPO Of Master Components on NSE SME is set as Friday, September 29, 2023.
The registrar for the Master Components is Bigshare Services Pvt Ltd, while the book-running lead manager is Aryaman Financial Services Limited. Aryaman Capital Markets is the market maker for the IPO of Master Components.
The price of the Master Components is 140 per share. For applications, a minimum lot size of 1000 Shares is required. Retail investors are required to make investments of at least 140,000. For HNI, 2 lots (2,000 shares), or a minimum investment of $288,000, are the required minimum lot size.
Master Components IPO Overview
| Master Components Company Overview | |
|---|---|
| Company Name | Master Components |
| IPO Opening Date | 18 September, 2023 |
| IPO Closing Date | 21 September, 2023 |
| Face Value | 10 Rupees Per Share |
| Price | 140/- |
| Lot Size | 1000 Shares |
| Total IPO Issue Size | 1,104,000 Shares |
| Fresh Issue Size | 700,800 Shares |
| IPO Listing At | NSE SME |
| Share Holding Pre Issue | 3,300,000 |
| Share Holding Post Issue | 4,000,800 |
| Today’s Market Updates | Check Here |
Master Components IPO Lot Size
| IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 1 Lot |
| Maximum Retail Applications | 1 Lot |
| Minimum HNI Applications | 2 Lots |
| Total Shares In Single Lot | 1000 |
| Amount For Single Lot | 140,000 |
Master Components IPO Time Table (Tentative)
| Master Components IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 18 September, 2023 |
| IPO Ending Date | 21 September, 2023 |
| Basis Of Allotment | 26 September, 2023 |
| Initiation Of Refund | 27 September, 2023 |
| Shares Credit To Demat Account | 28 September, 2023 |
| Date Of Listing | 29 September, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 21 September, 2023 (5:00 PM) |
Master Components IPO Reservation Details
| IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | 50 % Of Net Offer |
| Shares Offered To Others | 50 % Of Net Offer |
Master Components Company Financials
| Master Components Company Financials Information | |
|---|---|
| This Data Is Of | 31 March, 2023 |
| Total Revenue | 2,090.03 |
| Assets | 1,659.17 |
| Profit After Tax | 170.54 |
| Net Worth | 1,165.31 |
| Reserves And Surplus | 835.31 |
| Debt | 93.96 |
Is Master Components IPO Good Or Bad To Buy? (Review)
Master Components Limited, a 1999 incorporation, produces plastic engineering components and subassemblies. The company’s main business is molding materials to create innovative components for uses in the electrical, medical, industrial, and automotive industries. If you are interested into this sector then you can do your investments after consulting your financial advisor.
What Is The Objective Of Master Components IPO Issue?
The main objective of master components IPO issue is Finance for Working Capital Needs and General Corporate Goals.
How To Apply For Master Components IPO?
You can apply to Master Components through your broker, follow steps given below :-
- Login to your Demat account.
- Click on IPO or Initial Public Offers section.
- Click On Currently Open IPO’s.
- Now tap on Master Components.
- Complete form and submit form.