Mangal Compusolution Limited IPO
BSE SMEListed On: Nov 21, 2024 at ₹ 45.0
₹ 135000 /3000 Shares
Check Allotment12 Nov, 2024
Open Date14 Nov, 2024
Close Date18 Nov, 2024
Allotment Date21 Nov, 2024
Listing DateIssue Price
₹45 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Kfin Technologies LimitedList Price
45.0Listing Date
2024-11-21Market Lot
3000 Shares (₹135,000/-)Lead Manager
Jawa Capital Services Private LimitedIssue Size
3,606,000 shares(aggregating up to ₹16.23 Cr)Retail Portion
50%Subscription
34.59 timesMangal Compusolution IPO Details
Mangal Compusolution Limited IPO is an SME IPO, priced at ₹45 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 36,06,000 equity shares, aggregating up to ₹16.23 crores..
The IPO bidding window is open from Nov 12, 2024 to Nov 14, 2024. The allotment is expected to be finalized on Nov 18, 2024, and the tentative listing date is Nov 21, 2024.
The minimum lot size for retail investors is 3000 shares, with a minimum investment of ₹1,35,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,70,000.
Jawa Capital Services Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Rikhav Securities Limited will act as the market maker for this issue.
Mangal Compusolution IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,710,000 | 1,710,000 | 3,420,000 |
| Day 1 - 12-11-24 06:00 PM | 0.97 x | 4.34 x | 2.65 x |
| Day 2 - 13-11-24 06:00 PM | 2.49 x | 13.25 x | 7.87 x |
| Day 3 - 14-11-24 06:00 PM | 22.28 x | 46.91 x | 34.59 x |
Mangal Compusolution Valuations
EPS Pre IPO
₹3.86/-EPS Post IPO
₹2.38/-P/E Pre IPO
11.66P/E Post IPO
18.9ROE
3.97%ROCE
2.05%Debt/Equity
0.90RoNW
15.56%PAT Margin
19.82Price to Book Value
2.16Mangal Compusolution Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 4,552.12 | 4,715.71 | 5,267.09 |
| Revenue | 2,344.42 | 3,483.18 | 1,848.78 |
| Profit After Tax | 385.80 | 704.09 | 86.62 |
| Net Worth | 1,999.90 | 1,614.10 | 910.00 |
| Reserves & Surplus | 999.90 | 1,414.10 | 710.00 |
| Total Borrowing | 2,041.21 | 2,652.30 | 3,434.12 |
About The Company
Mangal Compusolution Limited, incorporated in April 2011, caters to all business needs within diverse industries. The company is renting IT hardware and providing the whole gamut of end-to-end IT equipment. It has diversified IT equipment that includes renting of servers, laptops, desktops, projectors, router switches, workstations, Plasma/LCD TVs, PA Systems, and all sorts of accessories.
Mangal Compusolution offers small as well as big enterprises with its customized IT hardware products, for example, laptop, desktop, server, and all other equipment. The company mainly caters to the needs of clients based in Maharastra although it operates its services across India.
The above business of the company can be categorized into following heads
Income from rental services of IT Equipments i.e., Computers & Peripherals
Revenue from sales of IT Equipments
Service charges on IT Equipment Maintenance Service
Mangal Compusolution - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 73.50%
- Hardik Meghraj Jain, Neeta Mukesh Desai, Pathik Mukesh Desai, Mr. Mukesh Khandubhai Desai and Mrs. Binny Pathik.
Mangal Compusolution IPO - Issue Objectives
- Capital Expenditure
- General corporate purposes
Other Details
Mangal Compusolution
Unit No. 03, Satguru Nanak Industrial Estate, Off Western Express Highway, Goregaon (East), Mumbai-400063Phone: +91-22-40360500
Email: compliance@mangalcompusolution.com
Website: https://www.mangalcompusolution.com/
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: mangalcomp.ipo@kfintech.com
Mangal Compusolution IPO - FAQs
Ans. Mangal Compusolution Limited IPO is a SME IPO. The issue is priced at ₹45 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Nov 12, 2024, and closes on Nov 14, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Mangal Compusolution Limited IPO opens on Nov 12, 2024 and closes on Nov 14, 2024.
Ans. The size of Mangal Compusolution Limited IPO is 3,606,000 shares(aggregating up to ₹16.23 Cr).
Ans. The IPO price band is set between ₹45 per equity share.
Ans. To apply for Mangal Compusolution Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Mangal Compusolution Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Mangal Compusolution Limited IPO is Nov 18, 2024.
Ans. The Mangal Compusolution Limited IPO will be listed on Nov 21, 2024.
Ans. Follow the steps to check the allotment status for Mangal Compusolution Limited IPO here.
