Master Components IPO Allotment Status 2023, Release Date, Direct Link

Master Components IPO Allotment Status

Discover the Master Components IPO Allotment Status, with 8.20 expected subscriptions received. The IPO aims to raise ₹15.43 crore, with 85,81,000 bids for 10.46 lakh shares. With an application fee of ₹140,000 and a minimum market lot of 1000 shares, it’s set to list on the NSE as an SME IPO.

Master Components IPO GMP

Experts predict a grey market premium (GMP) of ₹20 per share for Master Components’ IPO, indicating a premium trading value over the issue price. With this GMP, each share is forecasted to list at ₹160, reflecting a 14.3% premium.

Company NameMaster Components Limited
IPO OpenSeptember 18, 2023
IPO CloseSeptember 21, 2023
IPO SizeApprox ₹15.46 Crores, 1,104,000 Equity Shares
Face Value₹10 Per Equity Share
IPO Price Band₹140 Per Equity Share
Retail Quota 50% of the net offer
NII Quota 50% of the net offer
Basis of AllotmentSeptember 26, 2023
Initiation of RefundsSeptember 27, 2023
The credit of Shares to DematSeptember 28, 2023
Listing Date September 29, 2023
IPO Listing on NSE SME

How to check the Master Components IPO Allotment Status?

Follow these steps:

  1. Visit the stock exchange’s official website.
  2. Find the “IPO Allotment Status” link and click.
  3. Enter your application or PAN card number.
  4. Click “Submit” or “Check Allotment Status” for results.

Master Components IPO Objectives

Net Proceeds from Issue to fund:

  1. Working capital requirements.
  2. General Corporate Purpose.

Master Components IPO Shares Offer

11,02,000 shares offered, with 523,000 for regular investors and 523,000 for non-institutional investors.

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Master Components IPO Reservation

1,102,000 shares available, split equally between RII and NII.

NII: 50%
RII: 50%

Master Components IPO Review

Specializing in molding materials for component creation, Master Components offers Thermoplastic Injection Moulding, Thermoset Injection Moulding, Thermoset Transfer Molding, and Compression Moulding services. Their plant molds items from 1g to 1500g using machines ranging from 60 to 450 tonnes capacity.

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