The upcoming Mangal Compusolution Limited IPO SME is a fixed-price issue, aiming to raise ₹16.23 crores through a fresh issue of 36.06 lakh shares. Opening for subscription from November 12 to November 14, 2024, it's priced at ₹45 per share. Retail investors must invest a minimum of ₹135,000 for 3,000 shares, while HNIs have a minimum of 6,000 shares for ₹270,000.
The allotment date is scheduled for November 18, 2024, with a tentative BSE SME listing on November 20, 2024. Managed by Jawa Capital Services Private Limited, with Rikhav Securities as the market maker and Kfin Technologies Limited as the registrar, this SME IPO is an attractive IPO investment opportunity.
The Mangal Compusolution Limited IPO is an exciting addition to the list of upcoming IPOs, providing a unique ipo investment opportunity. This fixed-price issue aims to raise funds for growth and expansion. For more details on the allotment, subscription dates, and investment size, see the Table below.
| IPO date | November 12, 2024 to November 14, 2024 |
| Price | ₹45 per share |
| Face value | ₹10 per share |
| 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) |
| Lot size | 3000 Shares |
| Listing at | BSE SME |
| Issue type | Fixed Price Issue IPO |
| Share holding pre issue | 10,000,000 |
| Market maker portion | 186,000 sharesRikhav Securities |
| Share holding post issue | 13,606,000 |
The Mangal Compusolution Limited IPO timeline offers crucial dates for interested investors in upcoming IPOs. For those exploring IPO investment opportunities, the schedule includes subscription opening and closing dates, allotment finalisation, and the tentative listing date. Review these timelines carefully to stay updated on this upcoming IPO.
| IPO open date | November 12, 2024, Tuesday |
| IPO close date | November 14, 2024, Thursday |
| Basis of allotment | November 18, 2024, Monday |
| Initiation of refunds | November 19, 2024, Tuesday |
| Credit of shares to demat | November 19, 2024, Tuesday |
| Listing date | November 20, 2024, Wednesday |
| Cut-off time for UPI mandate confirmation | November 14, 2024, by 5 PM |
Incorporated in April 2011, Mangal Compusolution Limited provides hardware rental solutions for businesses across various industries, catering to both SMEs and large enterprises. The company rents IT hardware, including servers, laptops, desktops, projectors, routers, Plasma/LCD TVs, and PA Systems, ensuring reliable end-to-end solutions. Mangal Compusolution's services are primarily focused in Maharashtra but are accessible across India.
The company's revenue streams include rental income from IT equipment leases, sales of IT hardware, and maintenance services. With a customer-centric approach, 24/7 support, and zero downtime assurance, Mangal Compusolution stands out among upcoming IPOs. As of September 30, 2024, it has 24 full-time employees and five directors. This SME IPO offers a promising ipo investment opportunity in India's tech equipment sector.
The financial overview of the Mangal Compusolution Limited IPO highlights key indicators relevant to IPO investment. With a market cap of ₹61.23 crore, this IPO is among the notable upcoming IPOs.
Key performance indicators as of June 30, 2024, include ROE at 3.97%, ROCE at 2.05%, and RoNW at 15.56%, with a debt-to-equity ratio of 0.9 and PAT margin of 19.82%. Pre-IPO EPS stands at ₹3.86, with a post-IPO EPS of ₹2.38, while the P/E ratio shifts from 11.66 to 18.9 post-issue. Mangal Compusolution Limited IPO GMP is ₹2, suggesting an estimated listing price of ₹47 per share, projecting a 4.44% gain. Check peer comparisons for further insights.
| Period ended | June 30, 2024 | March 31, 2024 | March 31, 2023 | March 31, 2022 |
| Revenue | 453.44 | 2,344.42 | 3,483.18 | 1,848.78 |
| Assets | 4,492.01 | 4,552.12 | 4,715.71 | 5,267.09 |
| Net worth | 2,080.88 | 1,999.90 | 1,614.10 | 910 |
| Profit after tax | 80.97 | 385.8 | 704.09 | 86.62 |
| Total borrowing | 1,862.75 | 2,041.21 | 2,652.30 | 3,434.12 |
| Reserves and surplus | 1,080.88 | 999.9 | 1,414.10 | 710 |
| Amount in ₹ Lakhs* | ||||
Mangal Compusolution Limited provides a broad range of IT hardware from top brands like HP, Dell, and Lenovo, ensuring clients receive premium products. Known for rapid response times, the company enhances operational efficiency by meeting urgent IT needs. Its customer-centric approach tailors solutions to fit each client's goals, with 24/7 service and standby equipment, minimising downtime and boosting productivity.
Pending legal proceedings, including 29 criminal cases, pose potential liabilities. Regulatory issues, such as incomplete filings, risk fines and credibility. Dependency on a leased office could impact operations, and competition in the IT sector may lead to pricing pressures and market share loss.
The Mangal Compusolution Limited SME IPO presents a compelling ipo investment opportunity for those interested in upcoming IPOs in India's tech sector. As a provider of IT hardware rentals, Mangal Compusolution stands out with a customer-centric approach, rapid response times, and 24/7 service availability. The company's diverse revenue streams and stable PAT margin enhance its appeal, though investors should consider the pending legal cases and regulatory risks. With a GMP of ₹2, this SME IPO indicates modest growth potential at the listing, appealing to investors looking for steady returns. For those seeking diversification in tech-driven SME IPOs, Mangal Compusolution Limited IPO could be a strategic addition to their portfolio.
The Mangal Compusolution IPO is an SME IPO comprising 3,606,000 equity shares, each with a face value of ₹10, totalling ₹16.23 crores. Priced at ₹45 per share, the IPO requires a minimum investment of 3,000 shares. It opens for subscription on November 12, 2024, and closes on November 14, 2024.
The lot size for the Mangal Compusolution IPO is 3,000 shares, requiring an investment of ₹135,000.
The allotment for the Mangal Compusolution IPO will be finalised on Monday, November 18, 2024. The allotted shares are anticipated to be credited to investors' demat accounts by Tuesday, November 19, 2024.
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