Mangal Compusolution Limited
Fixed Price IPO · BSE
- Price band
- ₹45 - ₹45
- Lot size
- 3,000 shares
- Issue amount
- ₹16.23 cr
- Total subscription
- 34.65×
- Opens
- 12 Nov 2024
- Closes
- 14 Nov 2024
- Allotment
- 21 Nov 2024
- Listing
- 22 Nov 2024
Offer at a glance
Issue overview
- Issue size
- 36,06,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,35,000
- Fresh issue
- ₹16.23 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,35,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 1,00,00,000
- Shares after issue
- 1,36,06,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 6,000 | ₹2,70,000 |
| HNI | 3 | 9,000 | ₹4,05,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 7.7 | 360.95 |
Financial performance
Company financials
In Lakhs. · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 0.81 | 3.86 | 7.04 |
| ROE | 3.97 | 21.35 | 55.79 |
| ROCE | 2.05 | 9.55 | 16.5 |
| RONW | 15.56 | 19.29 | 43.67 |
| PRE IPO(PE) | 11.66 | 0 | 0 |
| POST IPO(PE) | 18.9 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Mangal Compusolution Limited, incorporated in April 2011, provides customized IT hardware rental solutions to businesses across multiple industries, offering products like servers, laptops, desktops, projectors, routers, TVs, PA systems, and accessories. The company allows enterprises to rent or purchase hardware as per their requirements and also offers maintenance services to ensure smooth operations. Its business model includes rental income, sales of IT equipment, and fees from maintenance services. With a strong presence in Maharashtra and clients across India, the company ensures zero downtime by keeping backup equipment ready for immediate replacement if needed. As of September 30, 2024, it employs 24 full-time staff and is managed by a five-member board of directors.
Strengths
- Wide Product Portfolio: Offers an extensive range of IT hardware from leading brands such as HP, Dell, and Lenovo to meet diverse client requirements.
- Solution-Oriented Delivery: Focuses on customized, client-specific solutions that enhance customer satisfaction and long-term relationships.
- Continuous Support System: Provides dedicated 24/7 support services, ensuring uninterrupted operations and swift issue resolution for clients.
Risk factors
- Legal Exposure: Ongoing legal proceedings at various regulatory levels may result in liabilities, reputational damage, and potential financial impact.
- Compliance Vulnerabilities: Instances of non-filings and irregularities in regulatory submissions can attract penalties and disrupt business operations.
- No Owned Office Premises: Operating from a non-owned registered office reduces operational stability and may signal weaker long-term infrastructure planning.
Promoters
Hardik Meghraj Jain
Neeta Mukesh Desai
Pathik Mukesh Desai
Mr. Mukesh Khandubhai Desai
Mrs. Binny Pathik.
Registrar & documents
Lead manager
Jawa Capital Services Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Unit No. 03, Satguru Nanak Industrial Estate, Off Western Express Highway, Goregaon (East), Mumbai-400063
+91-22-40360500
[email protected]Company website ↗Understanding MANGALCOMP IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.