SME · BSESubscribed: 34.65×GMP ₹2
Mangal Compusolution Limited

Mangal Compusolution Limited

Mangal Compusolution Limited(MANGALCOMP)

Total Shares

36,06,000

Issue Size

₹16.23 Cr

Price Band

45 – ₹45

Lot Size

3000 shares

Min. Investment

1,35,000

Max. Investment

1,35,000

Open Date

12 Nov, 2024

Close Date

14 Nov, 2024

Allotment

18 Nov, 2024

Listing

21 Nov, 2024

Announced

12 Nov, 2024

Opening Date

12 Nov, 2024

Closing Date

14 Nov, 2024

Basis of Allotment

18 Nov, 2024

Initiation of Refunds

19 Nov, 2024

Credit of Shares

19 Nov, 2024

Listing Date

21 Nov, 2024

Live GMP

Est. Listing: ₹47

2

Apply via UPI in 5 minutes

Choose your broker • Zero commission on IPO

About Mangal Compusolution Limited IPO

Incorporated in April 2011, 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 customiza

Mangal Compusolution Limited IPO Share Price and Issue Size

Issue Breakdown

Total Issue36,06,000 shares₹16.23 Cr
Fresh Issue36,06,000 shares₹16.23 Cr
Offer for Sale0 shares

Shareholding

Pre-Issue1,00,00,000
Post-Issue1,36,06,000

Dilution: 36.1% increase in shares

Mangal Compusolution Limited IPO Financials Health

Mangal Compusolution Limited IPO Lot Size

ApplicationLotsSharesAmount
Retail Minimum130001,35,000
Retail Maximum130001,35,000
HNI Minimum260002,70,000

(All values in CR)

Mangal Compusolution Limited IPO Valuation

MetricValue
Debt/Equity0.9
EPS Post IPO2.38
EPS Pre IPO3.86
P/BV2.16
P/E Post IPO18.9
P/E Pre IPO11.66
PAT Margin (%)19.82
ROCE2.05%
ROE3.97%
RoNW15.56%

(All values in CR)

Strength & Risk of Mangal Compusolution Limited IPO

+Strengths

1. Innovation focused business model.

2. Consistent track record of profitable growth due to a scalable business model.

3. Established and proven track record.

4. Leveraging the experience of our Promoters.

5. Experienced management team and motivated employees.

6. Cordial relations with our customers.

!Risks

1. The Company and some of its group companies are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various regulatory authorities. Any adverse decision may make it liable to liabilities or may adversely affect its reputation/ business/financial status.

2. There have been instance of deficiency and/or inaccuracies in the regulatory filings by the Company. Consequently, its may be subject to regulatory actions and penalties for such delays which may adversely impact its business and financial condition.

3. The company does not own registered office which is used by it currently.

4. The company operates in highly competitive markets, and fragmented market with low entry barrier.

5. The company is highly dependent on certain key customers for a substantial portion of its revenues. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.

6. Its top ten suppliers contribute majority of the company purchases. Any loss of business with one or more of them may adversely affect its business operations and profitability.

7. The Company has reported certain negative cash flows from its investing activity and financing activity, details of which are given below. Sustained negative cash flows could impact its growth and business.

8. Changes in technology render its current IT equipments obsolete and require the company to make substantial capital investments.

9. Its business relies heavily on capital investments. If its cannot secure additional funds when required, or if the terms are not favorable, the company may need to scale back or even abandon its expansion and growth initiatives. This could also entail reducing capital spending and the scale of its operations, any of which could have a significant and negative impact on its business, financial standing, and operational results.

10. If customers choose not to outsource their IT product needs or if there is a decline in the demand for IT equipment rentals, it may negatively impact its business, financial performance, financial health, and cash flow.

Mangal Compusolution Limited IPO Subscription Status

Investor CategorySubscription (times)Shares OfferedShares bid forTotal Amount (Rs Cr.)
HNI22.3917,10,0003,82,89,000172.3
Market Maker1.001,86,0001,86,0000.84
Retail46.9117,10,0008,02,11,000360.95
Total34.6534,20,00011,85,00,000533.25

Mangal Compusolution Limited IPO GMP

+2+4.4%

Last updated 08 Nov, 2024 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
08 Nov, 202445₹24600₹47 (4.44%)-08 Nov, 2024
11 Nov, 202445₹36800₹48 (6.67%)-11 Nov, 2024
13 Nov, 202445₹818200₹53 (17.78%)-13 Nov, 2024
14 Nov, 202445₹716000₹52 (15.56%)-14 Nov, 2024
15 Nov, 202445₹24600₹47 (4.44%)-15 Nov, 2024
18 Nov, 202445₹24600₹47 (4.44%)-18 Nov, 2024
19 Nov, 202445₹24600₹47 (4.44%)-19 Nov, 2024
20 Nov, 202445₹24600₹47 (4.44%)-20 Nov, 2024
21 Nov, 202445₹24600₹47 (4.44%)-21 Nov, 2024

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Mangal Compusolution Limited IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Mangal Compusolution Limited under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.