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.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3,000 | ₹135,000 |
| Retail Maximum | 1 | 3,000 | ₹135,000 |
| S-HNI Minimum | 2 | 6,000 | ₹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 Ended | Revenue | Expense | Profit After Tax | Assets |
| 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.
| KPI | Values |
| 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
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Silicon Rental Solution Limited | 12.56 | 20.22 | 20.54 | 61.14 | 62.80 Cr. |
Objects of the Issue
- Capital Expenditure
- General corporate purposes;
Mangal Compusolution Services IPO Review
- IPO Watch – Avoid
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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/
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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).
