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Mangal Compusolution Limited SME IPO
Issue Size (Net)
up to Rs.16.23 Cr
Price Band
Rs.45 per share
Issue Opens
November 12, 2024
Issue Closes
November 14, 2024

Company Highlights

1.Company Information

Incorporated in April 2011, Mangal Compusolution Limited provides hardware rental solutions to fulfill the needs of businesses across various industries. The company rents IT hardware and offers comprehensive end-to-end IT equipment. It rents diverse IT equipment, including servers, laptops, desktops, projectors, router switches, workstations, Plasma/LCD TVs, PA Systems, and various accessories.

Mangal Compusolution provides small and large enterprises with customizable IT hardware products, including laptops, desktops, servers, and other equipment, to meet clients' specific requirements.

The company's major clients are concentrated in Maharastra, though it provides services in all of India.
The company's business can be divided into the following categories
Rental Income from lease of IT Equipment i.e., Computers & Peripherals
Sale of IT Equipment, and
IT Equipment Maintenance Service Fees
Competitive Strength:

Huge variety of products to offer, 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 system.
As of September 30, 2024, the company has 24 full-time employees and five directors, including one Managing Director, one Executive Director, one Non-Executive Director, and three Independent Directors.

2. Objects of the Issue

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects
1. Capital Expenditure
2. General Corporate Purposes

3.Mangal Compusolution Limited IPO Registrar
Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: ipo@masserv.com
Website: https://kosmic.kfintech.com/ipostatus/

Mangal Compusolution Limited IPO Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
30-Jun-24
4,492.01
453.44
80.97
2,080.88
1,080.88
1,862.75
31-Mar-24
4,552.12
2,344.42
385.8
1,999.90
999.9
2,041.21
31-Mar-23
4,715.71
3,483.18
704.09
1,614.10
1,414.10
2,652.30
Amount in Rs. Lakhs

Mangal Compusolution Limited IPO Details

Issue Opening Date
November 12, 2024
Issue Closing Date
November 14, 2024
Face Value
Rs.10 per share
Price
Rs.45 per share
Lot Size
3000 Shares
Issue Size
3,606,000 shares(aggregating up to Rs.16.23 Cr)
Fresh Issue
3,606,000 shares(aggregating up to Rs.16.23 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share holding pre issue
10,000,000
Share holding post issue
13,606,000

Mangal Compusolution Limited SME IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Tuesday, November 12, 2024
Closing 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

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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