Mangal Compusolution Limited provides hardware rental solutions to fulfill the needs of businesses across various industries. The company rents IT hardware and offers comprehensive end-to-end IT equipment. It rents diverse IT equipment, including servers, laptops, desktops, projectors, router switches, workstations, Plasma/LCD TVs, PA Systems, and various accessories.
Mangal Compusolution provides small and large enterprises with customizable IT hardware products, including laptops, desktops, servers, and other equipment, to meet clients’ specific requirements.
The company’s major clients are concentrated in Maharastra, though it provides services in all of India.
The company’s business can be divided into the following categories:
- Rental Income from lease of IT Equipment i.e., Computers & Peripherals.
- Sale of IT Equipment, and
- IT Equipment Maintenance Service Fees.
As of September 30, 2024, the company has 24 full-time employees and five directors, including one Managing Director, one Executive Director, one Non-Executive Director, and three Independent Directors.
Mangal Compusolution IPO – Details
| IPO Opening Date | 12 November 2024 |
| IPO Closing Date | 14 November 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 36,06,000 Shares Worth ₹16.23 Crore Fresh Issue: 36,06,000 Shares Worth ₹16.23 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹45 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares |
| Listing At | BSE SME |
| Register | Kfin Technologies Limited |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
Mangal Compusolution IPO – Date Schedule
| IPO Open Date | 12 November 2024 |
| IPO Close Date | 14 November 2024 |
| Basis of Allotment | 18 November 2024 |
| Initiation of Refund | 19 November 2024 |
| Credit of Shares to Demat Account | 19 November 2024 |
| IPO Listing Date | 21 November 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 14, 2024 |
Mangal Compusolution IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,35,000 |
| Retail (Max) | 1 | 3,000 | ₹1,35,000 |
| HNI (Min) | 2 | 6,000 | ₹2,70,000 |
Competitive Strengths
- Innovation focused business model;
- Consistent track record of profitable growth due to a scalable business model;
- Established and proven track record;
- Leveraging the experience of our Promoters;
- Experienced management team and motivated employees; and
- Cordial relations with our customers.
Company Promoters
- Hardik Meghraj Jain
- Neeta Mukesh Desai
- Pathik Mukesh Desai
- Mrs. Binny Pathik
- Mr. Mukesh Khandubhai Desai
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 18.48 | 17.27 | 0.86 | 34.34 |
| 31 March 2023 | 34.83 | 27.04 | 7.04 | 26.52 |
| 31 March 2024 | 23.44 | 18.23 | 3.85 | 20.41 |
| 30 June 2024 | 4.53 | 3.45 | 0.80 | 18.62 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 3.97% |
| ROCE | 2.05% |
| Debt/Equity | 0.9 |
| RoNW | 15.56% |
| P/BV | 2.16 |
| PAT Margin (%) | 19.82 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 3.86 | 2.38 |
| P/E (x) | 11.66 | 18.90 |
Object Of The Issue
- Capital Expenditure;
- General corporate purposes;
Mangal Compusolution IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.50% |
Mangal Compusolution IPO Prospectus
Company Contact Information
| Mangal Compusolution Limited Unit No. 03, Satguru Nanak Industrial Estate Off Western Express Highway, Goregaon (East), Mumbai-400063 Phone: +91-22-40360500 Email: compliance@mangalcompusolution.com Website: https://www.mangalcompusolution.com/ |
Mangal Compusolution IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: mangalcomp.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Mangal Compusolution IPO Lead Manager(s)
| 1. Jawa Capital Services Private Limited |
Mangal Compusolution IPO FAQs
| What is Mangal Compusolution IPO? Mangal Compusolution IPO is an SME IPO. The issue is priced at ₹45 per equity share. The IPO is to be listed on BSE SME. |
| When Mangal Compusolution IPO will open? The IPO is to open on 12 November 2024 for QIB, NII, and Retail Investors. |
| What is Mangal Compusolution IPO Investors Portion? The investors’ portion for Retail – 50%, NII – 50%. |
| How to Apply the Mangal Compusolution IPO? You can apply Mangal Compusolution IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Mangal Compusolution IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Mangal Compusolution IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Mangal Compusolution IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Mangal Compusolution IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Mangal Compusolution IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Mangal Compusolution IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Mangal Compusolution IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Mangal Compusolution IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Mangal Compusolution IPO Size? Mangal Compusolution IPO size is ₹16.23 Crore. |
| What is Mangal Compusolution IPO Price Band? Mangal Compusolution IPO Price Band is ₹45. |
| What is Mangal Compusolution IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 3000 Shares with ₹1,35,000 amount while the maximum bid is 3000 Shares with ₹1,35,000. |
| What is the Mangal Compusolution IPO Allotment Date? Mangal Compusolution IPO allotment date is 18 November 2024. |
| What is the Mangal Compusolution IPO Listing Date? Mangal Compusolution IPO listing date is 21 November 2024. The IPO is to be listed on BSE SME. |
