Discover the promising Master Components Limited IPO. This article delves into their specialized plastic engineering manufacturing, competitive strengths, and financial outlook.
Master Components Limited: Shaping the Future
Master Components Limited is at the forefront of manufacturing plastic engineering components and subassemblies. With a steadfast commitment to quality, they produce industrial capital goods that undergo rigorous testing to meet industry standards. Their strategic location near the Mumbai-Pune Highway, combined with their ability to manufacture a comprehensive range of plastic components, gives them a competitive edge.
Meeting Diverse Needs
At Master Components Limited, versatility is their hallmark. Their capability to produce various types of molded products under one roof allows them to cater to both multinational corporations (MNCs) and smaller enterprises with varying requirements in terms of size and shape. They prioritize addressing their clients’ concerns promptly, with senior management actively involved in resolving any issues.
Molding Expertise
Molding materials to craft their components is their primary specialization. They offer the following services:
- Thermoplastic Injection Moulding
- Thermoset Injection Moulding
- Thermoset Transfer Moulding
- Compression Moulding
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Their facility houses machines with capacities ranging from 60 to 450 tonnes, enabling the production of items weighing between 1 gram and 1500 grams. As of September 30, 2022, they have a dedicated team of 27 employees, complemented by contract workers hired for project-specific tasks.
Strengths That Set Them Apart
Master Components Limited boasts several competitive strengths:
- Experienced Promoters and Teams: With a leadership team boasting decades of experience, they bring a wealth of industry knowledge to the table.
- Strong Financial Performance: Demonstrated revenue growth and consistent profitability underscore their financial stability.
- Long-standing Relations with Customers: Their enduring partnerships with customers exemplify their commitment to sustainability.
Unlocking Potential: Master Components Limited IPO
Objectives of the IPO
The Net Proceeds from the IPO will be channeled towards:
i. Funding Working Capital Requirements
ii. General Corporate Purposes
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Key IPO Details
- Total Shares: 1,104,000
- Issue Price: ₹140 Per Equity Share
- Listing At: NSE Emerge
- Listing Date: Sep 29, 2023
Financial Highlights
Master Components Limited’s financials paint a promising picture:
- Revenue growth, from ₹1,325 lakhs in 2021 to ₹2,070 lakhs in 2023.
- Operating Profit Margin of 15.98% and Net Profit Margin of 8.16% in 2023.
- Earnings Per Share (EPS) of ₹4.26 in 2023.
Peer Comparison
In comparison to industry peers such as Shaily Engineering Plastic Ltd and Mitsu Chem Plast Ltd, Master Components Limited’s valuation metrics appear competitive.
The Master Components Limited IPO is set to pave the way for a promising future in the realm of plastic engineering. With their versatile capabilities, experienced leadership, and financial stability, they stand as a strong contender in the industry. Don’t miss the opportunity to be part of this exciting journey when they list on Sep 29, 2023, on NSE Emerge.
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