Mangal Compusolution Limited IPO (Mangal Compusolution IPO)

Mangal Compusolution Limited IPO
Upcoming Mangal Compusolution IPO | New Mangal Compusolution IPO

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

    Mangal Compusolution IPO – Details

    IPO Opening Date12 November 2024
    IPO Closing Date14 November 2024
    Issue TypeFixed Price Issue IPO
    Issue SizeTotal 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 Lot3000 Shares
    Min Order3000 Shares
    Listing AtBSE SME
    RegisterKfin Technologies Limited
    Retail Shares Offered50%
    NII (HNI) Shares Offered50%

    Mangal Compusolution IPO – Date Schedule

    IPO Open Date12 November 2024
    IPO Close Date14 November 2024
    Basis of Allotment18 November 2024
    Initiation of Refund19 November 2024
    Credit of Shares to Demat Account19 November 2024
    IPO Listing Date20 November 2024
    Cut-off time for UPI mandate confirmation5 PM on November 14, 2024

    Mangal Compusolution IPO – Lots Size & Price

    ApplicationLotsSharesAmount
    Retail (Min)13,000₹1,35,000
    Retail (Max)13,000₹1,35,000
    HNI (Min)26,000₹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

    ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
    31 March 202218.4817.270.8634.34
    31 March 202334.8327.047.0426.52
    31 March 202423.4418.233.8520.41
    30 June 20244.533.450.8018.62
    Amount in ₹ Crore

    Key Performance Indicator

    KPIValues
    ROE3.97%
    ROCE2.05%
    Debt/Equity0.9
    RoNW15.56%
    P/BV2.16
    PAT Margin (%)19.82
    Pre IPOPost IPO
    EPS (Rs)3.862.38
    P/E (x)11.6618.90

    Object Of The Issue

    • Capital Expenditure;
    • General corporate purposes;
    Mangal Compusolution IPO
Object of the Issues

    Mangal Compusolution IPO Promoter Holding

    Pre Issue Share Holding100.00%
    Post Issue Share Holding73.50%

    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
    Websitehttps://www.mangalcompusolution.com/

    Mangal Compusolution IPO Registrar

    Kfin Technologies Limited

    Phone: 04067162222, 04079611000
    Email: mangalcomp.ipo@kfintech.com
    Websitehttps://kosmic.kfintech.com/ipostatus/

    Mangal Compusolution IPO Lead Manager(s)

    1. Jawa Capital Services Private Limited

    Mangal Compusolution IPO FAQs

    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  20 November 2024. The IPO is to be listed on BSE SME.
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