Master Components Ltd. has announced public offering of 1102000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 130.00 per share. The gross proceeds of the issue are expected to be Rs 1,542.80 lakhs.

The company's initial public offer (IPO) will open on 18 September 2023 and is expected to close on 21 September 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 1102000 Equity Shares of the Company at an price of Rs 140.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Master Components Ltd. anticipates using the proceeds of the issue for .

Aryaman Financial Services Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.