Mangal Compusolution IPO description – Mangal Compusolution is committed to providing comprehensive IT hardware solutions that cater to the ever-evolving technology needs of enterprises across industries. The company is focused on IT hardware rental and is committed to providing world-class equipment and services.
Its products include a wide array of desktops, laptops, and presentation equipment for short- and long-term business needs. The company’s services include renting a wide range of IT equipment such as servers, laptops, desktops, projectors, routers/switches, workstations, plasma/LCD TVs, PA systems, and various accessories. The company serves both small, medium and large enterprises.
The company rents only top-notch IT equipment from brands such as IBM, Dell, HP, Lenovo, Sony, Apple, Compaq, Toshiba, etc. As of 30 September 2024, the company has 24 full-time employees, one managing director, one executive director, one non-executive director, and three Independent directors. The company Business verticals:
- Rental Income from lease of IT Equipment i.e., Computers & Peripherals
- Sale of IT Equipment
- IT Equipment Maintenance Service Fees
Promoters of Mangal Compusolution – Mr. Hardik Meghraj Jain, Mrs. Neeta Mukesh Desai, Mr. Pathik Mukesh Desai, Mr. Mukesh Khandubhai Desai, and Mrs. Binny Pathik Desai
Table of Contents
Mangal Compusolution IPO Details
| Mangal Compusolution IPO Dates | 12 – 14 November 2024 |
| Mangal Compusolution Issue Price | INR 45 per share |
| Fresh issue | 36,06,000 shares (INR 16.23 crore) |
| Offer For Sale | NIL |
| Total IPO size | 36,06,000 shares (INR 16.23 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 1,35,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Mangal Compusolution Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | Q1 FY 2025 |
| Revenue | 17.21 | 17.48 | 20.89 | 4.08 |
| Expenses | 17.28 | 27.05 | 18.24 | 3.45 |
| Net income | 0.87 | 7.04 | 3.86 | 0.81 |
Mangal Compusolution Offer News
- Mangal Compusolution RHP
- Mangal Compusolution Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Mangal Compusolution Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.87 | 7.04 | 3.86 |
| PE ratio | – | – | 11.66 |
| RONW (%) | 9.52 | 43.67 | 19.29 |
| NAV | 9.10 | 16.14 | 19.99 |
| ROCE (%) | 11.85 | 26.21 | 9.55 |
| EBITDA (%) | 60.94 | 88.27 | 56.57 |
| Debt/Equity | 3.77 | 1.64 | 1.02 |
Mangal Compusolution IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 20 November 2024 | 2 | – | 4,500 |
| 19 November 2024 | 2 | – | 4,500 |
| 18 November 2024 | 2 | – | 4,500 |
| 16 November 2024 | 7 | – | 10,000 |
| 14 November 2024 | 7 | – | 10,000 |
| 13 November 2024 | 7 | – | 10,000 |
| 12 November 2024 | 5 | – | 6,000 |
| 11 November 2024 | 5 | – | 6,000 |
| 9 November 2024 | 5 | – | 6,000 |
| 8 November 2024 | 5 | – | 6,000 |
Mangal Compusolution IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 17,10,000 | 17,10,000 | 34,20,000 |
| 14 Nov 2024 | 22.38 | 46.87 | 34.63 |
| 13 Nov 2024 | 2.59 | 13.29 | 7.94 |
| 12 Nov 2024 | 0.97 | 4.34 | 2.65 |
The market maker reservation portion of 1,86,000 shares is not included in the above calculations.
Mangal Compusolution IPO Allotment Status
Mangal Compusolution IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Mangal Compusolution IPO Dates & Listing Performance
| IPO Opening Date | 12 November 2024 |
| IPO Closing Date | 14 November 2024 |
| Finalization of Basis of Allotment | 18 November 2024 |
| Initiation of refunds | 19 November 2024 |
| Transfer of shares to demat accounts | 19 November 2024 |
| IPO Listing Date | 21 November 2024 |
| Opening Price on BSE SME | INR 45 per share (No change) |
| Closing Price on BSE SME | INR 42.75 per share (down 5%) |
Mangal Compusolution Offer Lead Manager
JAWA CAPITAL SERVICES PRIVATE LIMITED
Shilp Corporate Park, B Block, 13th Floor,
Plot No. 93, First Floor, Pocket 2, Near DAV
School, Jasola, New Delhi- 110025
Phone: +91-11-47366600
Email:Â [email protected]
Website:Â www.jawacapital.in
Mangal Compusolution Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Mangal Compusolution IPO Contact Details
MANGAL COMPUSOLUTION LIMITED
Unit No. 03, Satguru Nanak Industrial Estate,
Off Western Express Highway, Goregaon
(East), Mumbai, Maharashtra, India-400063
Phone: +91-22-40360500
E-mail: [email protected]
Website: www.mangalcompusolution.com
IPO FAQs
What is the Mangal Compusolution offer size?
Mangal Compusolution’s offer size is INR 16.23 crores.
What is the Mangal Compusolution offer price band?
Mangal Compusolution public offer price is INR 45 per share.
What is the lot size of the Mangal Compusolution IPO?
Mangal Compusolution offer a lot size is 3,000 shares.
What is Mangal IPO GMP today?
Mangal Compusolution IPO GMP today is INR 2 per share.
What is the Mangal Compusolution kostak rate today?
Mangal Compusolution kostak rate today is INR NA per application.
What is Mangal Compusolution Subject to the Sauda rate today?
Mangal Compusolution is Subject to the Sauda rate today is INR 4,500 per application.
