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Master Components IPO vs Saakshi Medtech IPO

Comparison between Master Components IPO and Saakshi Medtech IPO.

IPO Details

Master Components IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Saakshi Medtech IPO is a SME Bookbuilding proposed to list at NSE SME.

 Master Components IPOSaakshi Medtech IPO
LogoMaster Components IPO LogoSaakshi Medtech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersAryaman Financial Services Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerAryaman Capital Markets Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Master Components IPO is up to ₹14.64 Cr whereas the issue size of the Saakshi Medtech IPO is up to ₹42.88 Cr. The final issue price of Master Components IPO is ₹140.00 per share and of Saakshi Medtech IPO is ₹97.00 per share.

 Master Components IPOSaakshi Medtech 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)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size6,44,000 shares44,20,800 shares
Fresh Issue Size (Amount)up to ₹9.02 Crup to ₹42.88 Cr
OFS Issue Size4,02,000 shares0 shares
OFS Issue Size (Amount)up to ₹5.63 Crup to ₹0.00 Cr
Issue Size Total10,46,000 shares44,20,800 shares
Issue Size Total (Amount)up to ₹14.64 Crup to ₹42.88 Cr

IPO Timetable

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

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

Financials & KPIs

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

 Master Components IPOSaakshi Medtech IPO
Financials
Master Components IPO Financial Information (Restated)
Period Ended31 Mar 202031 Mar 202131 Mar 202231 Mar 2023
Assets1,460.931,419.091,485.241,659.17
Total Income1,535.681,327.721,842.502,090.03
Profit After Tax132.2276.1493.73170.54
Net Worth824.90901.04994.771,165.31
Reserves and Surplus794.90871.04964.77835.31
Total Borrowing376.54216.29173.3393.96
Amount in ₹ Lakhs
Saakshi Medtech and Panels IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets5,591.506,521.919,324.22
Total Income6,022.179,169.3512,220.19
Profit After Tax220.08937.591,238.30
Net Worth2,048.172,985.774,224.07
Reserves and Surplus1,788.172,725.773,964.07
Total Borrowing2,199.441,635.782,007.45
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)72.4173.63
P/E Ratio27.0910.18
Market Cap₹56.00 Cr.₹171.26 Cr.
ROE59.68%34.35%
ROCE59.24%28.57%
Debt/Equity0.080.48
EPS₹5.17₹9.53
RoNW14.63%29.32%

Shares Offered

In the Master Components IPO Retail Individual Investors (RII) are offered 5,23,000 shares while in Saakshi Medtech IPO retail investors are offered 5,23,000 shares. Qualified Institutional Buyers (QIB) are offered in Master Components IPO and 8,84,400 shares in Saakshi Medtech IPO.

 Master Components IPOSaakshi Medtech IPO
Anchor Investor Reserveration13,24,800 shares
Market Maker Reserveration56,000 shares2,35,200 shares
QIB8,84,400 shares
NII5,23,000 shares6,63,600 shares
RII5,23,000 shares15,48,000 shares
Employee
Others
Total10,46,000 shares44,20,800 shares

Bids Received (Subscription)

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

 Master Components IPOSaakshi Medtech IPO
QIB (times)37.35x
NII (times)5.89x200.78x
Big NII (times)
Small NII (times)
RII (times)10.11x75.88x
Employee (times)
Other (times)
Total (times)8.20x91.65x