Master Components Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Master Components Ltd IPO

Registered Office: Plot No D-10/A & D-10/B,M I D C Ambad , Nashik - 422010 , Maharashtra , India.
Phone : 91-9823016315/9823154115   Fax:
Email :  
Website : / master-components.html
Initial public offer of 11,02,000 equity shares of (Rs)10 each ("Equity Shares") of Master Components Limited ("MCL" or the "Company") for cash at a price of (Rs)140 per share (the "Issue Price"), aggregating to (Rs)15.43 crores ("The Issue"), consisting of fresh issue of 7,00,000 equity shares aggregating to (Rs)9.80 crores and an offer for sale of 4,02,000 equity shares comprising of 2,01,000 by Mudduraj Kulkarni and 2,01,000 by Shrikant Joshi ("The Promoters Selling Shareholders" or "The Selling Shareholders") aggregating to (Rs)5.63 crores ("Offer for Sale"), of which 56,000 equity shares of (Rs)10 each will be reserved for subscription by aggregating market maker to the issue (the "Market Maker Reservation Portion"). The issue less than the market maker reservation portion i.e. issue of 10,46,000 equity shares of (Rs)10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.55% and 26.15% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is (Rs)10 and the issue price is 14 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
18-Sep-23 21-Sep-23 (Rs)140.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  (Rs Cr) Lead Managers to the Issue
Project Cost 8.74
Aryaman Financial Services Ltd
Project Financed through Current Offer 15.43  
Post Issue Equity Share Capital 4.00  
Issue Price (Rs)140.00  
Funding working capital requirementsGeneral corporate purposes
Promoted By
Mudduraj Kulkarni  
Shrikant Joshi  
Rajeshwari Kulkarni  
Listing At
Registrar to the Issue
Bigshare Services Pvt Ltd