Marco Cables IPO vs Master Components IPO

Comparison between Marco Cables IPO and Master Components IPO.

IPO Details

Marco Cables IPO is a SME Fixed Price IPO proposed to list at NSE SME while Master Components IPO is a SME Fixed Price proposed to list at NSE SME.

	Marco Cables IPO	Master Components IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	Shreni Shares Ltd.	Aryaman Financial Services Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Shreni Shares Ltd.	Aryaman Capital Markets Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Marco Cables IPO is up to ₹17.69 Cr whereas the issue size of the Master Components IPO is up to ₹14.64 Cr. The final issue price of Marco Cables IPO is ₹36.00 per share and of Master Components IPO is ₹140.00 per share.

	Marco Cables IPO	Master Components IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹36.00 per share	₹140.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	3000 shares	1000 shares
Fresh Issue Size	23,13,000 shares	6,44,000 shares
Fresh Issue Size (Amount)	up to ₹8.33 Cr	up to ₹9.02 Cr
OFS Issue Size	26,01,000 shares	4,02,000 shares
OFS Issue Size (Amount)	up to ₹9.36 Cr	up to ₹5.63 Cr
Issue Size Total	49,14,000 shares	10,46,000 shares
Issue Size Total (Amount)	up to ₹17.69 Cr	up to ₹14.64 Cr

IPO Timetable

Marco Cables IPO opens on Sep 21, 2023, while Master Components IPO opens on Sep 18, 2023. The closing date of Marco Cables IPO and Master Components IPO is Sep 25, 2023, and Sep 21, 2023, respectively.

	Marco Cables IPO	Master Components IPO
Anchor Bid Date
Issue Open	Sep 21, 2023	Sep 18, 2023
Issue Close	Sep 25, 2023	Sep 21, 2023
Basis Of Allotment (Tentative)	Sep 28, 2023	Sep 26, 2023
Initiation of Refunds (Tentative)	Sep 29, 2023	Sep 27, 2023
Credit of Share (Tentative)	Oct 03, 2023	Sep 28, 2023
Listing date (Tentative)	Sep 28, 2023	Sep 29, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Marco Cables IPO P/E ratio is 20.22, as compared to Master Components IPO P/E ratio of 27.09.

Marco Cables IPO

Master Components IPO

Financials

Marco Cables & Conductors IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,658.84	5,954.62	6,993.44
Total Income	4,282.91	5,665.31	5,693.72
Profit After Tax	12.25	33.49	280.71
Net Worth	911.25	944.75	1,560.86
Reserves and Surplus	621.84	655.34	1,238.90
Total Borrowing	3,522.22	3,665.19	3,757.73

Amount in ₹ Lakhs

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
Total Income	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

Promoter Shareholding (Pre-Issue)

100.00

Promoter Shareholding (Post-Issue)

72.18

72.41

P/E Ratio

20.22

27.09

Market Cap

₹67.32 Cr.

₹56.00 Cr.

ROE

22.41%

59.68%

ROCE

16.93%

59.24%

Debt/Equity

2.41

0.08

EPS

₹1.78

₹5.17

RoNW

17.98%

14.63%

Shares Offered

In the Marco Cables IPO Retail Individual Investors (RII) are offered 24,57,000 shares while in Master Components IPO retail investors are offered 24,57,000 shares. Qualified Institutional Buyers (QIB) are offered in Marco Cables IPO and in Master Components IPO.

	Marco Cables IPO	Master Components IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,88,000 shares	56,000 shares
QIB
NII	24,57,000 shares	5,23,000 shares
RII	24,57,000 shares	5,23,000 shares
Employee
Others
Total	49,14,000 shares	10,46,000 shares

Bids Received (Subscription)

Marco Cables IPO subscribed 30.90x in total, whereas Master Components IPO subscribed 8.20x.

	Marco Cables IPO	Master Components IPO
QIB (times)
NII (times)	24.36x	5.89x
Big NII (times)
Small NII (times)
RII (times)	35.24x	10.11x
Employee (times)
Other (times)
Total (times)	30.90x	8.20x

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