Mangal Compusolution Limited IPO, GMP, Details, Price, And Review IPO Details
| Detail | Description |
|---|---|
| IPO Open Date | November 12, 2024 to November 14, 2024 |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Price | ₹ 45 per share |
| Lot Size | 3,000 Shares |
| Total Issue Size | 36,06,000 shares (aggregating up to ₹ 16.23 Cr) |
| Fresh Issue | 36,06,000 shares (aggregating up to ₹ 16.23 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 1,00,00,000 |
| Shareholding post issue | 1,36,06,000 |
| Market Maker portion | 1,86,000 shares Rikhav Securities |
About 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:
- Rental Income from leasing IT equipment, including computers and peripherals
- Sale of IT Equipment
- IT Equipment Maintenance Service Fees
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
Mangal Compusolution IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
Objectives of Mangal Compusolution IPO
The Company proposes to utilize the Net Proceeds from the Issue towards the following objectives:
Capital Expenditure.
General corporate purposes.
Mangal Compusolution Limited IPO, GMP, Details, Price, And Review Financial Information
Latest Revenue
₹ 453.44 Cr
Profit After Tax
₹ 80.97 Cr
Net Worth
₹ 2,080.88 Cr
Total Borrowing
₹ 1,862.75 Cr
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 30 June 2024 | 4,492.01 | 453.44 | 80.97 | 2,080.88 | 1,862.75 |
| 31 Mar 2024 | 4,552.12 | 2,344.42 | 385.80 | 1,999.90 | 2,041.21 |
| 31 Mar 2023 | 4,715.71 | 3,483.18 | 704.09 | 1,614.10 | 2,652.30 |
| 31 Mar 2022 | 5,267.09 | 1,848.78 | 86.62 | 910.00 | 3,434.12 |
| Amount in ₹ Crore | |||||
Mangal Compusolution Limited IPO, GMP, Details, Price, And Review IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The Mangal Compusolution Limited IPO, GMP, Details, Price, And Review IPO GMP is currently trading at ₹36, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹81, which is 80.00% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
IPO Estimated Listing Return
Based on the IPO Price of ₹45 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹36 and a lot size of 3000 shares.
Mangal Compusolution Limited IPO, GMP, Details, Price, And Review IPO GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-12-11 | ₹45 | ₹3 (6.67%) | 2024-11-11 |
Mangal Compusolution Limited IPO, GMP, Details, Price, And Review Key Performance Indicator
| KPI | Values |
|---|---|
| 3.97% | - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.86 | 2.38 |
| P/E (x) | 11.66 | 18.9 |
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Competitive Strengths
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.
Download regulatory filings
Mangal Compusolution Limited IPO, GMP, Details, Price, And Review IPO Timeline
| 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 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹ 1,35,000 |
| Retail (Max) | 1 | 3,000 | ₹ 1,35,000 |
| HNI (Min) | 2 | 6,000 | ₹ 2,70,000 |