IPO - Check IPO Date, Price, Lot Size

Mangal Compusolution Ltd IPO

Mangal Compusolution Limited is actively involved in the business of renting and selling IT hardware equipment, offering comprehensive end-to-end IT equipment services across India. Its services encompass the rental of a diverse range of IT equipment, including servers, laptops, desktops, printers, projectors, router-switches, workstations, Plasma/LCD TVs, PA Systems, and various accessories. Additionally, the company specializes in creating customized IT configurations tailored to its clients' specific specifications and needs, available for both rental and purchase.

Mangal Compusolution Ltd IPO Details

Total Shares Offered

₹ 36,06,000

Offer to Public

TBA

Retail Max (Shares)

₹ 17,10,000

Pre Issue Promoters Holding

₹ 1,00,00,000

Exchange

BSE

Issue size

TBA

IPO Open Date

Nov 12, 2024

Close Date

Nov 14, 2024

Lot Size

3000

Min Investment

TBA

Issue Type

Fixed Price - SME

Listing Date

Nov 21, 2024

Mangal Compusolution Ltd IPO Dates

Nov 12, 2024

Opening date

Nov 14, 2024

Closing date

Nov 18, 2024

Basis of Allotment

Nov 19, 2024

Initiation of Refunds

Nov 19, 2024

Credit of Shares

Nov 21, 2024

Listing date

Details

Sector	Type
Sector	Miscellaneous
Sub Sector	NA
Issue Type	Fixed Price - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	0x	0	0
NII	22.39x	1710000	38289000
Retail	46.91x	1710000	80211000
Employee	0x	0	0
Total	32.86x	3606000	118500000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

22.39x

46.91x

32.86x

1710000

3606000

38289000

80211000

118500000

Mangal Compusolution Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	10.61	9.06	12.03
EBITDA	14.65	12.91	16.28
PAT	4.57	3.86	7.04
Total Assets	34.07	24.75	20.57
Share Capital	13.61	10.00	2.00
Total Borrowings	37.65	30.91	36.28
Operating Activities (Net Cash)	8.61	7.71	11.29
Investing Activities (Net Cash)	0.05	0.05	0.01
Financing Activities (Net Cash)	37.65	30.91	36.28
Net Cashflow	0.35	0.60	0.15

About Mangal Compusolution Ltd

Mangal Compusolution Limited was originally incorporated as Pathik Computer Systems Private Limited, a private limited company under the Companies Act, 1956, with a certificate of incorporation issued by the Registrar of Companies, Maharashtra, Mumbai, on April 11, 2011. Further, the name of the Company was changed to Mangal Compusolution Private Limited pursuant to a special resolution passed in the extraordinary general meeting of its Shareholders held on June 02, 2012 and a fresh certificate of incorporation dated June 07, 2012 was issued by the Registrar of Companies, Maharashtra, Mumbai. Subsequently, the Company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of its Shareholders held on September 26, 2023, and consequently, the name of the Company was changed to Mangal Compusolution Limited, and a fresh certificate of incorporation consequent upon conversion from private company to public company dated October 26, 2023, was issued by the Registrar of Companies, Mumbai to the Company.

The IT & BPM sector has become one of the most significant growth catalysts for the Indian economy, contributing significantly to the country's GDP and public welfare. The IT industry accounted for 7.4% of India's GDP in FY22, and it is expected to contribute 10% to India's GDP by 2025. As innovative digital applications permeate sector after sector, India is now prepared for the next phase of growth in its IT revolution. India is viewed by the rest of the world as having one of the largest Internet user bases and the cheapest Internet rates, with 76 crore citizens now having access to the internet. India is one of the countries with the quickest pace of digital adoption.

Peer Comparison:

Silicon Rental Solutions Ltd

Mangal Compusolution Ltd Key Points

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 its Promoters.

Experienced management team and motivated employees.

Risk

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.

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.

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

Strategy

Improve and increase operational efficiencies.

Optimal Utilization of Resources.

Enhance customer base by entering new geographies.

Leveraging its market skills and relationship.

How To Apply for Mangal Compusolution Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Mangal Compusolution Ltd IPO?

Mangal Compusolution Ltd's IPO offers shares for up to 16.23 It begins on Nov 12, 2024 and ends on Nov 14, 2024.

What is the price of the Mangal Compusolution Ltd IPO?

The price of Mangal Compusolution Ltd IPO ranges between NA to NA per share.

What are the open and close dates for the Mangal Compusolution Ltd IPO?

The Mangal Compusolution Ltd IPO opens on Nov 12, 2024 and closes on Nov 14, 2024.

When will the Mangal Compusolution Ltd IPO be allotted?

The allotment for the Mangal Compusolution Ltd IPO will be finalised on Nov 18, 2024. The shares will be listed on BSE and NSE on Nov 21, 2024.

What is the minimum lot size required for Mangal Compusolution Ltd IPO?

The minimum lot size for Mangal Compusolution Ltd IPO is 3000 shares, priced between NA to NA per share.

What is the GMP of Mangal Compusolution Ltd IPO?

The GMP (Grey Market Premium) of Mangal Compusolution Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Mangal Compusolution Ltd IPO?

To check the allotment status of Mangal Compusolution Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Mangal Compusolution Ltd IPO getting listed?

The Mangal Compusolution Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Nov 12, 2024, and closes on Nov 14, 2024. The allotment is finalised on Nov 18, 2024.

How do you apply for the Mangal Compusolution Ltd IPO?

To apply for the Mangal Compusolution Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.