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.
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 IPO | Saakshi 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 |
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 6,44,000 shares | 44,20,800 shares |
| Fresh Issue Size (Amount) | up to ₹9.02 Cr | up to ₹42.88 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 | 44,20,800 shares |
| Issue Size Total (Amount) | up to ₹14.64 Cr | up 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 IPO | Saakshi Medtech 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 | | Nov 02, 2023 |
| Anchor Lockin End date 2 | | Jan 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.
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 0 shares in Master Components IPO and 8,84,400 shares in Saakshi Medtech IPO.
| | Master Components IPO | Saakshi Medtech IPO |
|---|
| Anchor Investor Reservation | 0 shares | 13,24,800 shares |
| Market Maker Reservation | 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 | |
| Total | 10,46,000 shares | 44,20,800 shares |
Bids Received (Subscription)
Master Components IPO subscribed 8.00x in total, whereas Saakshi Medtech IPO subscribed 64.18x.
