Master Components IPO GMP, Share Allotment, Refund & Listing

Master Component IPO

Discover Master Components Limited’s IPO opportunity available from September 18 to September 21, 2023. With a listing on September 29, 2023, this offering promises quality plastic engineering components and subassemblies.

IPO Opening Date18 September 2023
IPO Closing Date21 September 2023
Allotment26 September 2023
Refund Initiation27 September 2023
IPO Listing Date29 September 2023
Face value10 per equity share
IPO Price140
Min Order1000 Share (1 lot)
Market lot1000 Share

Master Components: A Brief Overview

Based in Nashik, Maharashtra, Master Components Limited boasts a state-of-the-art manufacturing facility, ensuring top-notch quality. Certified for quality management and always striving for improvement, the company molds products weighing from 1 to 1,500 grams using equipment with a capacity ranging from 60 to 450 tonnes. With 25 dedicated employees as of March 2023, this SME IPO offers shares at ₹140 each.

Closing Details and Refund Process

Master Component IPO opened on September 18, 2023, and closes on September 21, 2023, with allotment on September 26, 2023. Check allotment status online on September 26, 2023. Refund initiation begins on September 27, 2023.

Listing Date and Refund Process

Refund process begins on September 27, 2023, followed by the listing on September 29, 2023, on NSE SME. The minimum lot size for the public is 1000 shares, with Demat credit on September 28, 2023.

Applying for Master Group IPO

Apply for Master Components IPO through 5 Paisa or Angle One applications using your login details. Select the IPO, bid, verify the application, and approve the mandate via BHIM app or UPI app on Net Banking.

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About Master Component

Master Components Limited, a subsidiary of the Master Group, specializes in injection, compression, and transfer molds since 1997. Catering to various sectors like electrical, automotive, and medical industries, the company excels in technical plastic components and assemblies, employing compression and injection molding techniques with machines ranging from 60 TN to 430 TN capacity.

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