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20 Nov 2024
Mangal Compusolution Limited IPO, GMP, Details, Price, And Review
Mangal Compusolution Limited, established in April 2011, specializes in providing hardware rental solutions to meet the diverse needs of businesses across various industries. The company offers a wide range of IT hardware on rent, including servers, laptops, desktops, projectors, routers, switches, workstations, Plasma/LCD TVs, PA systems, and various accessories, delivering comprehensive end-to-end IT equipment solutions.
Mangal Compusolution serves both small and large enterprises, providing customizable IT products such as laptops, desktops, servers, and other hardware tailored to meet specific client requirements. While its client base is primarily concentrated in Maharashtra, the company operates across all of India.
The company’s business operations are divided into three main segments:
Mangal Compusolution IPO Overview:
- ● Total Issue Size: ₹16.23 crore
- ○ Fresh Issue: 36.06 lakh shares
- ● Price Per Share: ₹45
- ● Minimum Lot Size: 3,000 shares
- ● Issue Opening Date: ● November 12, 2024
- ● Issue Closing Date: November 14, 2024
- Lead Manager & Registrar:
- ● Book Running Lead Manager: ○ Jawa Capital Services Private Limited
- ● Registrar: ○ Kfin Technologies Limited
- ● Market Maker: ○ Rikhav Securities
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Mangal Compusolution Limited IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 11-11-2024 | 45 | 3 (6.67%) | 11-Nov-2024 14:50 |
| 09-11-2024 | 45 | 3 (6.67%) | 09-Nov-2024 12:25 |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Mangal Compusolution IPO Overview
| Detail | Description |
|---|---|
| IPO Date | November 12, 2024 to November 14, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹45 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 3,606,000 shares (aggregating up to ₹16.23 Cr) |
| Fresh Issue | 3,606,000 shares (aggregating up to ₹16.23 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 10,000,000 |
| Shareholding post issue | 13,606,000 |
| Market Maker portion | 186,000 shares Rikhav Securities |
Mangal Compusolution IPO Timeline (Tentative Schedule)
| Detail | Description |
|---|---|
| IPO Open Date | Tuesday, November 12, 2024 |
| IPO Close Date | Thursday, November 14, 2024 |
| Basis of Allotment | Monday, November 18, 2024 |
| Initiation of Refunds | Tuesday, November 19, 2024 |
| Credit of Shares to Demat | Tuesday, November 19, 2024 |
| Listing Date | Wednesday, November 20, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 14, 2024 |
Mangal Compusolution IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹135,000 |
| Retail (Max) | 1 | 3000 | ₹135,000 |
| HNI (Min) | 2 | 6,000 | ₹270,000 |
Mangal Compusolution IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
Mangal Compusolution IPO Promoter Holding
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 73.50% |
Competitive Strength:
- ● Huge variety of products to offer ranging from brands including HP, Dell, Lenovo, and more.
- ● Customer-Centric Approach
- ● 24/7 dedicated support team and service availability.
- ● Zero downtime by keeping stock of extra equipment to replace faulty systems.
Mangal Compusolution Limited Financial Information
| Period Ended | 30 June 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 4,492.01 | 4,552.12 | 4,715.71 | 5,267.09 | ||||||||||||||||||||||||||||||||||||
| Revenue | 453.44 | 2,344.42 | 3,483.18 | 1,848.78 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 80.97 | 385.80 | 704.09 | 86.62 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 2,080.88 | 1,999.90 | 1,614.10 | 910.00 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 1,080.88 | 999.90 | 1,414.10 | 710.00 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 1,862.75 | 2,041.21 | 2,652.30 | 3,434.12 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 3.97% |
| ROCE | 2.05% |
| Debt/Equity | 0.9 |
| RoNW | 15.56% |
| P/BV | 2.16 |
| PAT Margin (%) | 19.82 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.86 | 2.38 |
| P/E (x) | 11.66 | 18.9 |
Objectives of Mangal Compusolution IPO
-
The Company proposes to utilize the Net Proceeds from the Issue towards the following objectives:
- 1. Capital Expenditure.
- 2. General corporate purposes.
FAQs for Mangal Compusolution Services IPO
-
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%.
-
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 20, 2024. The IPO is to be listed on BSE.
-
What is Mangal Compusolution Services current GMP?
The current GMP of the Mangal Compusolution Services is 3 (6.67%).
RHP:
RHP of Mangal Compusolution Limited IPO
DRHP:
DRHP of Mangal Compusolution Limited IPO
-
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%.
-
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 20, 2024. The IPO is to be listed on BSE.
-
What is Mangal Compusolution Services current GMP?
The current GMP of the Mangal Compusolution Services is 3 (6.67%).
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