Comparison between Master Components IPO and Organic Recycling Systems IPO.
Master Components IPO is a SME Fixed Price IPO proposed to list at NSE SME while Organic Recycling Systems IPO is a SME Fixed Price proposed to list at BSE SME.
| Master Components IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Arihant Capital Markets Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Arihant Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Master Components IPO is up to ₹14.64 Cr whereas the issue size of the Organic Recycling Systems IPO is up to ₹47.40 Cr. The final issue price of Master Components IPO is ₹140.00 per share and of Organic Recycling Systems IPO is ₹200.00 per share.
| Master Components IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹140.00 per share | ₹200.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 600 shares |
| Fresh Issue Size | 6,44,000 shares | 23,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.02 Cr | up to ₹47.40 Cr |
| OFS Issue Size | 4,02,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹5.63 Cr | up to ₹0.00 Cr |
| Issue Size Total | 10,46,000 shares | 23,70,000 shares |
| Issue Size Total (Amount) | up to ₹14.64 Cr | up to ₹47.40 Cr |
Master Components IPO opens on Sep 18, 2023, while Organic Recycling Systems IPO opens on Sep 21, 2023. The closing date of Master Components IPO and Organic Recycling Systems IPO is Sep 21, 2023, and Sep 26, 2023, respectively.
| Master Components IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 18, 2023 | Sep 21, 2023 |
| Issue Close | Sep 21, 2023 | Sep 26, 2023 |
| Basis Of Allotment (Tentative) | Sep 26, 2023 | Sep 29, 2023 |
| Initiation of Refunds (Tentative) | Sep 27, 2023 | Oct 03, 2023 |
| Credit of Share (Tentative) | Sep 28, 2023 | Oct 04, 2023 |
| Listing date (Tentative) | Sep 29, 2023 | Oct 06, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Master Components IPO P/E ratio is 27.09, as compared to Organic Recycling Systems IPO P/E ratio of 25.54.
| Master Components IPO | Organic Recycling Systems IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 30.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.41 | 20.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 27.09 | 25.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹56.00 Cr. | ₹153.99 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 59.68% | 21.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 59.24% | 13.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.08 | 2.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.17 | ₹7.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 14.63% | 14.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Master Components IPO Retail Individual Investors (RII) are offered 5,23,000 shares while in Organic Recycling Systems IPO retail investors are offered 5,23,000 shares. Qualified Institutional Buyers (QIB) are offered in Master Components IPO and in Organic Recycling Systems IPO.
| Master Components IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 56,000 shares | 1,30,200 shares |
| QIB | ||
| NII | 5,23,000 shares | 11,85,000 shares |
| RII | 5,23,000 shares | 11,85,000 shares |
| Employee | ||
| Others | ||
| Total | 10,46,000 shares | 23,70,000 shares |
Master Components IPO subscribed 8.20x in total, whereas Organic Recycling Systems IPO subscribed 3.24x.
| Master Components IPO | Organic Recycling Systems IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 5.89x | 4.28x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 10.11x | 2.21x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.20x | 3.24x |
