Master Components IPO vs Saakshi Medtech and Panels IPO

Comparision between Master Components IPO and Saakshi Medtech and Panels IPO.

IPO Details

Master Components IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Saakshi Medtech and Panels IPO is a SME Book Built Issue proposed to list at NSE SME.

	Master Components IPO	Saakshi Medtech and Panels IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Aryaman Financial Services Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Aryaman Capital Markets Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Master Components IPO is up to ₹15.43 Cr whereas the issue size of the Saakshi Medtech and Panels IPO is up to ₹45.16 Cr. The final issue price of Master Components IPO is ₹140.00 per share and of Saakshi Medtech and Panels IPO is ₹97.00 per share.

	Master Components IPO	Saakshi Medtech and Panels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹92.00 per share
Issue Price (Upper)		₹97.00 per share
Issue Price (Final)	₹140.00 per share	₹97.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1200 shares
Fresh Issue Size	7,00,000 shares	46,56,000 shares
Fresh Issue Size (Amount)	up to ₹9.80 Cr	up to ₹45.16 Cr
OFS Issue Size	4,02,000 shares
OFS Issue Size (Amount)	up to ₹5.63 Cr
Issue Size Total	11,02,000 shares	46,56,000 shares
Issue Size Total (Amount)	up to ₹15.43 Cr	up to ₹45.16 Cr

IPO Timetable

Master Components IPO opens on Sep 18, 2023, while Saakshi Medtech and Panels IPO opens on Sep 25, 2023. The closing date of Master Components IPO and Saakshi Medtech and Panels IPO is Sep 21, 2023, and Sep 27, 2023, respectively.

	Master Components IPO	Saakshi Medtech and Panels IPO
Anchor Bid Date		Sep 22, 2023
Issue Open	Sep 18, 2023	Sep 25, 2023
Issue Close	Sep 21, 2023	Sep 27, 2023
Basis Of Allotment (Tentative)	Sep 26, 2023	Oct 03, 2023
Initiation of Refunds (Tentative)	Sep 27, 2023	Oct 04, 2023
Credit of Share (Tentative)	Sep 28, 2023	Oct 05, 2023
Listing date (Tentative)	Sep 29, 2023	Oct 03, 2023
Anchor Lockin End date 1	Oct 26, 2023	Nov 02, 2023
Anchor Lockin End date 2	Dec 25, 2023	Jan 01, 2024

Financials

Master Components IPO P/E ratio is 27.09, as compared to Saakshi Medtech and Panels IPO P/E ratio of 10.18.

Master Components IPO

Saakshi Medtech and Panels IPO

Financial

Master Components IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,460.93	1,419.09	1,485.24	1,659.17
Revenue	1,535.68	1,327.72	1,842.50	2,090.03
Profit After Tax	132.22	76.14	93.73	170.54
Net Worth	824.90	901.04	994.77	1,165.31
Reserves and Surplus	794.90	871.04	964.77	835.31
Total Borrowing	376.54	216.29	173.33	93.96

Amount in ₹ Lakhs

Saakshi Medtech and Panels IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,591.50	6,521.91	9,324.22
Revenue	6,022.17	9,169.35	12,220.19
Profit After Tax	220.08	937.59	1,238.30
Net Worth	2,048.17	2,985.77	4,224.07
Reserves and Surplus	1,788.17	2,725.77	3,964.07
Total Borrowing	2,199.44	1,635.78	2,007.45

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

72.41%

73.63%

P/E Ratio

27.09

10.18

Market Cap

₹56.00 Cr.

₹171.26 Cr.

ROE

59.68%%

34.35%%

ROCE

59.24%%

28.57%%

Debt/Equity

0.08

0.48

EPS

₹5.17

₹9.53

RoNW

14.63%%

29.32%%

Shares Offered

In the Master Components IPO retail investors (RII) are offered 5,23,000 shares while in Saakshi Medtech and Panels IPO retail investors are offered 5,23,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Master Components IPO and 8,84,400 shares in Saakshi Medtech and Panels IPO.

	Master Components IPO	Saakshi Medtech and Panels IPO
Anchor Investor Reserveration		13,24,800 shares
Market Maker Reserveration	56,000 shares	2,35,200 shares
QIB	0 shares	8,84,400 shares
NII	5,23,000 shares	6,63,600 shares
RII	5,23,000 shares	15,48,000 shares
Employee	0 shares	0 shares
Others
Total	10,46,000 shares	30,96,000 shares

Bids Received (Subscription)

Master Components IPO subscribed 8.20x in total, whereas Saakshi Medtech and Panels IPO subscribed 91.65x.

	Master Components IPO	Saakshi Medtech and Panels IPO
QIB (times)		37.35x
NII (times)	5.89x	200.78x
Big NII (times)
Small NII (times)
RII (times)	10.11x	75.88x
Employee (times)
Other (times)
Total (times)	8.20x	91.65x

Compare with others

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Digikore Studios IPO	Master Components IPO

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