Mangal Compusolution IPO Date, Review, Price, Allotment Details

Mangal Compusolution Services IPO open date is November 12, 2024 and the IPO will close on November 14, 2024. Mangal Compusolution Services IPO is a Fixed Price Issue. The company to raise around ₹16.23 crores via IPO that comprises fresh issue of ₹16.23 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Mangal Compusolution Services IPO price band is ₹45 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%. Mangal Compusolution Services IPO to list on NSE on November 18, 2024. The allotment of Mangal Compusolution Services IPO date is November 20, 2024.

The company reported revenue of ₹23.44 crores in 2024 against ₹34.83 crore in 2023. The company reported Profit of ₹3.86 crores in 2024 against Profit of ₹7.04 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Mangal Compusolution IPO

Mangal Compusolution Services IPO Details

IPO Open Date:November 12, 2024
IPO Close Date:November 14, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹45 Per Share
Issue Size:Approx ₹16.23 Crores
Fresh Issue:Approx ₹16.23 Crores
Offer for Sale:Approx [.] Equity Shares
Issue Type:Fixed Price Issue
IPO Listing:BSE SME
Retail Quota:Not more than 50%
QIB Quota:Not more than 00%
NII Quota:Not more than 50%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Mangal Compusolution Services IPO Market Lot

The Mangal Compusolution Services IPO minimum market lot is 3,000 shares with ₹135,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum13,000₹135,000
Retail Maximum13,000₹135,000
S-HNI Minimum26,000₹270,000

Mangal Compusolution Services IPO Dates

The Mangal Compusolution Services IPO date is November 12 and the close date is November 14. The Mangal Compusolution Services IPO allotment will be finalized on November 18 and the IPO listing on November 21.

IPO Open Date:November 12, 2024
IPO Close Date:November 14, 2024
Basis of Allotment:November 18, 2024
Refunds:November 19, 2024
Credit to Demat Account:November 19, 2024
IPO Listing Date:November 21, 2024

Promoters of Mangal Compusolution Services IPO

The promoters of the company are Hardik Meghraj Jain, Neeta Mukesh Desai, Pathik Mukesh Desai, Mr. Mukesh Khandubhai Desai and Mrs. Binny Pathik.

About Mangal Compusolution Services IPO

Across various cities in India, Mangal Compusolution limited is a well-known leading company for computer rental services established in April 2011. They are one of the top IT service sectors who provide solutions for different computer related rental services like hardware and software with affordable prices. From servers, laptops, desktops, projectors, router switches, workstations, Plasma/LCD TVs, PA Systems, to various other accessories, they offer many equipment for renting. IBM, Dell, HP, Lenovo, Sony, Compaq, and Toshiba are some of the amazing tech brands they offer for renting long and short term requirements. They are always ready to fill their clients’ demand by offering high-quality tested machines with early delivery. They successfully passed 20 years of providing amazing services to many high-profile individuals. Between March 31, 2024, and March 31, 2023, Mangal Compusolution Limited’s sales fell by -32.69% and its profit after tax (PAT) fell by -45.21%.

Mangal Compusolution Services IPO Company Financial Report

The company reported revenue of ₹23.44 crores in 2024 against ₹34.83 crore in 2023. The company reported Profit of ₹3.86 crores in 2024 against Profit of ₹7.04 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹18.49₹17.28₹0.87₹52.67
2023₹34.83₹27.05₹7.04₹47.16
2024₹23.44₹18.24₹3.86₹45.52
June 2024₹4.53₹3.45₹0.81₹44.92

Mangal Compusolution Services IPO Valuation – FY2024

Check Mangal Compusolution Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:21.35%
ROCE:9.55%
EBITDA Margin:56.57%
PAT Margin:18.47%
Debt to equity ratio:1.02
Earning Per Share (EPS):₹3.86 (Basic)
Price/Earning P/E Ratio:11.66
Return on Net Worth (RoNW):19.29%
Net Asset Value (NAV):₹19.99

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Silicon Rental Solution Limited12.5620.2220.5461.1462.80 Cr.

Objects of the Issue

  • Capital Expenditure
  • General corporate purposes;

Mangal Compusolution Services IPO Review

  • IPO Watch – Avoid
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  • Reliance Securities –
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Mangal Compusolution Services IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

IPO Lead Managers aka Merchant Bankers

  • Jawa Capital Services Private Limited

Company Address

Mangal Compusolution Limited
Unit No. 03, Satguru Nanak Industrial Estate
Off Western Express Highway,
Goregaon (East), Mumbai-400063
Phone: +91-22-40360500
Email: [email protected]
Website: https://www.mangalcompusolution.com/

Mangal Compusolution Services IPO FAQs

What is Mangal Compusolution Services IPO?

Mangal Compusolution Services IPO is a SME IPO. The company is going to raise ₹16.23 Crores via IPO. The issue is priced at ₹45 per equity share. The IPO is to be listed on BSE.

When Mangal Compusolution Services IPO will open for subscription?

The IPO is to open on November 12, 2024 for QIB, NII, and Retail Investors. The IPO will close on November 14, 2024.

What is Mangal Compusolution Services IPO Investors Portion?

The investors’ portion for QIB is 00%, NII is 50%, and Retail is 50%.

How to Apply the Mangal Compusolution Services IPO?

You can apply for Mangal Compusolution Services 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.

What is Mangal Compusolution Services IPO Issue Size?

Mangal Compusolution Services IPO issue size is ₹16.23 crores.

What is Mangal Compusolution Services IPO Price Band?

Mangal Compusolution Services IPO Price Band is ₹45.

What is Mangal Compusolution Services IPO Lot Size?

The minimum bid is 3,000 Shares with ₹135,000 amount.

What is the Mangal Compusolution Services IPO Allotment Date?

Mangal Compusolution Services IPO allotment date is November 18, 2024.

What is the Mangal Compusolution Services IPO Listing Date?

Mangal Compusolution Services IPO listing date is November 21, 2024. The IPO is to list on BSE.

Note: The Mangal Compusolution Services IPO price band and date are officially announced. The (Mangal Compusolution Services IPO grey market premium) will be added to the IPO GMP page as it will start).
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