Master Components Ltd

Master Components Limited was incorporated as Master Components Private Limited on December 27, 1999 with the Registrar of Companies, Mumbai. The Company changed the status to Public Limited and the Company name was changed to 'Master Components Limited' via fresh Certificate dated January 04, 2023. The foundation stone of the Company was set by the promoters Mr. Mudduraj Chandrashekhar Kulkarni and Mr. Shrikant Hanamant Joshi in December, 1999. Since then, Company has been operating in the manufacturing of plastic engineering components and sub-assemblies with new technology machinery situated at Nashik, Maharashtra. The Company is specialized in molding the materials to produce components like Thermoplastic Injection, Thermoset Injection, Thermoset transfer and Compression Moulding. The Company is focused in molding activities and provide innovative solutions. All the molding takes place at their facility on machines which has a capacity ranging from 60-450 tonnes. The Company came up with an Initial Public Offering of 11,02,000 Equity Shares of face value of Rs 10 each by raising funds from public aggregating to Rs 15.4 Crore comprising a fresh issue of 7,00,000 Equity Shares aggregating to Rs 9.8 Crore and 4,02,000 Equity Shares aggregating to Rs 5.6 Crore through Offer for Sale in September, 2023. MCL's design and manufacturing flexibility is reflected in its collaboration with sister concern Master Nidavellir Aeromed Pvt. Ltd. to scale the Cradlewise Smart Crib, a next-generation baby monitor and sleep solution. By contributing to its production, Company has demonstrated the capacity to support niche, high-innovation projects.