September 18, 2023 - September 21, 2023

Master Components IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Master Components IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	1	0
%	0.00	0.00	0.00	100.00	0.00

Master Components IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Master Components IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is operating in a highly competitive and fragmented segment. It has posted growth in its top line but super earnings for FY23 raises concern over the sustainability of margins. Based on FY23 performance, the issue appears aggressively priced. The small equity capital post IPO indicates longer gestation for migration to mainboard. There is no harm in skipping this pricey bet. Read detail review...

Master Components IPO Peer Comparison

Master Components Limited peer comparison with similar listed entities. () (As on March 31, 2023)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Master Components Limited	5.17	5.17	35.31	27.09	14.63
Bright Brothers Ltd			127.86		-5.22
Shaily Engineering Plastic Ltd	38.32	38.32	437.56	44.89	8.76
Mitsu Chem Plast Ltd	9.78	9.78	51.71	18.69	18.91

Notes:

The figures of Master Components Limited are based on restated financial statements for the year ended March 31, 2023.
The figures for the peer group are based on the standalone audited financials for the year ended March 31, 2023.

Master Components IPO Review by Members

Master Components IPO Reviews, analysis and views by popular members. Read Master Components Limited IPO reviews by retail investors to find recommended ipo to buy.

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Master Components IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	3
%	0.00	0.00	0.00	100.00

Member	Review
Top Contributor	Avoid Overvalued September 20, 2023 6:33:48 PM
IPO mining (200+ Posts)	Avoid High valuation Sector underperforming Inconsistency September 18, 2023 6:38:29 PM
B.M.SURANA IPO Guru (2700+ Posts, 5300+ Likes)	Avoid Bahoot Mehnga hai September 21, 2023 7:57:12 AM

Member

Review

Top Contributor

Avoid

Overvalued

September 20, 2023 6:33:48 PM

IPO mining (200+ Posts)

Avoid

High valuation
Sector underperforming
Inconsistency

September 18, 2023 6:38:29 PM

B.M.SURANA

IPO Guru (2700+ Posts, 5300+ Likes)

Avoid

Bahoot Mehnga hai

September 21, 2023 7:57:12 AM

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