Mangal Compusolution IPO Details
| IPO Issue Open Date: | 12 November 2024 |
| IPO Issue Close Date: | 14 November 2024 |
| IPO Issue Price Band: | ₹45 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹16.23 Crores | 3,606,000 shares |
| Fresh Issue: | ₹16.23 Crores | 3,606,000 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Fixed Price Issue IPO |
| IPO Listing At: | BSE SME |
| IPO Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than 00% |
| NII Quota: | Not more than 50% |
| Employee Discount: | ₹[.] per share |
Mangal Compusolution IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| DRHP Draft Prospectus: | Click Here |
Mangal Compusolution IPO Dates Timeline
| Issue Open Date: | 12 November 2024 |
| Issue Close Date: | 14 November 2024 |
| Basis of Allotment Date: | 18 November 2024 |
| Refunds Initiation: | 19 November 2024 |
| Shares Credit in Demat: | 19 November 2024 |
| IPO Listing Date Detail: | 20 November 2024 |
Mangal Compusolution IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 3000 shares = ₹135,000 |
| Retail (Max) | 1 lots and 3000 shares = ₹135,000 |
| HNI (Min) | 2 lots and 6000 shares = ₹270,000 |
| B-HNI Minimum | – |
Mangal Compusolution IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹8 | ₹15,000 | ₹- | 18% |
| 13th Nov | ₹10 | ₹20,000 | ₹- | 22% |
| 12th Nov | ₹2 | ₹4,000 | ₹- | 4% |
| 11th Nov | ₹2 | ₹4,000 | ₹- | 4% |
| 10th Nov | ₹2 | ₹4,000 | 4% | ₹- |
| 7th Nov | ₹- | ₹- | ₹- | ₹- |
About Mangal Compusolution
Mangal Compusolution was originally incorporated as “Pathik Computer Systems Private Limited”, a private limited company under the Companies Act, 1956, with a certificate of incorporation issued by the Registrar of Companies, Mumbai on April 11, 2011. Further, the name of our Company was changed to “Mangal Compusolution Private Limited” pursuant to a special resolution passed in the extraordinary general meeting of our Shareholders held on June 02, 2012 and a fresh certificate of incorporation consequent upon change of name dated June 07, 2012 was issued by the Registrar of Companies, Mumbai.
Subsequently, our Company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of our Shareholders held on September 26, 2023, and consequently, the name of our Company was changed to “Mangal Compusolution Limited”, and a fresh certificate of incorporation consequent upon conversion from private company to public company dated October 26, 2023, was issued by the RoC to our Company.
Mangal Compusolution IPO Strengths
- Improve and increase operational efficiencies.
- Optimal Utilization of Resources
- Enhance customer base by entering new geographies.
- Leveraging our market skills and relationship
Objects of the IPO Issue
- Capital Expenditure
- General corporate purposes;
Mangal Compusolution Company Financial Report
The company reported revenue of ₹23.44 crores in 2024 against ₹34.83 crores in 2023. The company reported a profit of ₹3.86 crores in 2024 against a Profit of ₹7.04 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹68.79 | ₹63.21 | ₹4.18 | ₹53.87 |
| 2023 | ₹96.14 | ₹89.15 | ₹5.20 | ₹78.26 |
| 2024 | ₹107.47 | ₹94.88 | ₹9.39 | ₹63.66 |
| June 2024 | ₹4.53 | ₹3.45 | ₹0.81 | ₹44.92 |
Mangal Compusolution IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 21.35% |
| ROCE: | 9.55% |
| EBITDA Margin: | 56.57% |
| PAT Margin: | 18.47% |
| Debt to equity ratio: | 1.02 |
| Earning Per Share (EPS): | ₹3.86 (Basic) |
| Price/Earning P/E Ratio: | 11.66 |
| Return on Net Worth (RoNW): | 19.29% |
| Net Asset Value (NAV): | ₹19.99 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Silicon Rental Solution Limited | 12.56 | 20.22 | 20.54 | 161.14 | 62.80 Cr. |
Mangal Compusolution IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: mangalcomp.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Mangal Compusolution IPO Lead Manager
- Jawa Capital Services Private Limited
Mangal Compusolution IPO allotment status check on Link Intime website. Click on Kfin Technologies to get allotment status.
Promoters of Mangal Compusolution
- Hardik Meghraj Jain
- Neeta Mukesh Desai
- Pathik Mukesh Desai
- Mr. Mukesh Khandubhai Desai.
- Mrs. Binny Pathik.
Company Address
Mangal Compusolution Limited
Unit No. 03, Satguru Nanak Industrial Estate
Off Western Express Highway,
Goregaon (East), Mumbai-400063
Phone: +91-22-40360500
Email: compliance@mangalcompusolution.com
Website: https://www.mangalcompusolution.com/