Master Components IPO vs Techknowgreen Solutions IPO

Comparision between Master Components IPO and Techknowgreen Solutions IPO.

IPO Details

Master Components IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Techknowgreen Solutions IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Master Components IPO	Techknowgreen Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Aryaman Financial Services Limited	Indorient Financial Services Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Aryaman Capital Markets Limited	Alacrity Securities 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 Master Components IPO is up to ₹15.43 Cr whereas the issue size of the Techknowgreen Solutions IPO is up to ₹16.72 Cr. The final issue price of Master Components IPO is ₹140.00 per share and of Techknowgreen Solutions IPO is ₹86.00 per share.

	Master Components IPO	Techknowgreen Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹140.00 per share	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	7,00,000 shares	19,44,000 shares
Fresh Issue Size (Amount)	up to ₹9.80 Cr	up to ₹16.72 Cr
OFS Issue Size	4,02,000 shares
OFS Issue Size (Amount)	up to ₹5.63 Cr
Issue Size Total	11,02,000 shares	19,44,000 shares
Issue Size Total (Amount)	up to ₹15.43 Cr	up to ₹16.72 Cr

IPO Timetable

Master Components IPO opens on Sep 18, 2023, while Techknowgreen Solutions IPO opens on Sep 18, 2023. The closing date of Master Components IPO and Techknowgreen Solutions IPO is Sep 21, 2023, and Sep 21, 2023, respectively.

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

Financials

Master Components IPO P/E ratio is 27.09, as compared to Techknowgreen Solutions IPO P/E ratio of 9.71.

Master Components IPO

Techknowgreen Solutions IPO

Financial

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
Revenue	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

Techknowgreen Solutions IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,181.75	953.94	1,237.25
Revenue	785.27	999.09	1,486.28
Profit After Tax	37.17	108.18	451.38
Net Worth	296.43	355.86	633.63
Reserves and Surplus	-213.20	-153.76	124.00
Total Borrowing	450.71	285.86	287.40

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

89.02%

Promoter Shareholding (Post-Issue)

72.41%

65.58%

P/E Ratio

27.09

9.71

Market Cap

₹56.00 Cr.

₹63.49 Cr.

ROE

59.68%%

88.57%%

ROCE

59.24%%

98.74%%

Debt/Equity

0.08

0.45

EPS

₹5.17

₹8.86

RoNW

14.63%%

71.24%%

Shares Offered

In the Master Components IPO retail investors (RII) are offered 5,23,000 shares while in Techknowgreen Solutions IPO retail investors are offered 5,23,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Master Components IPO and 0 shares in Techknowgreen Solutions IPO.

	Master Components IPO	Techknowgreen Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration	56,000 shares	97,600 shares
QIB	0 shares	0 shares
NII	5,23,000 shares	9,23,200 shares
RII	5,23,000 shares	9,23,200 shares
Employee	0 shares	0 shares
Others
Total	10,46,000 shares	18,46,400 shares

Bids Received (Subscription)

Master Components IPO subscribed 8.20x in total, whereas Techknowgreen Solutions IPO subscribed 12.98x.

	Master Components IPO	Techknowgreen Solutions IPO
QIB (times)
NII (times)	5.89x	9.08x
Big NII (times)
Small NII (times)
RII (times)	10.11x	15.82x
Employee (times)
Other (times)
Total (times)	8.20x	12.98x

Compare with others

Master Components IPO	Techknowgreen Solutions IPO
Saakshi Medtech and Panels IPO	Organic Recycling Systems IPO
Organic Recycling Systems IPO	Sunita Tools IPO
Sunita Tools IPO	Marco Cables & Conductors IPO
Marco Cables & Conductors IPO	Mangalam Alloys IPO
Mangalam Alloys IPO	Master Components IPO
Techknowgreen Solutions IPO	Hi-Green Carbon IPO
Hi-Green Carbon IPO	Kody Technolab IPO
Kody Technolab IPO	Holmarc Opto-Mechatronics IPO
Holmarc Opto-Mechatronics IPO	Digikore Studios IPO
Digikore Studios IPO	Madhusudan Masala IPO

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