58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Mangal Compusolution Limited IPO (Mangal Compusolution IPO) Detail

Mangal Compusolution IPO is a book build IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Information Technology - Hardware sector. Jawa Capital Services Private is the merchant banker of Mangal Compusolution IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 6th March 2024.

Mangal Compusolution IPO open date is 12th November 2024 and close date is 14th November 2024. IPO Allotment Date is 18th November 2024 and Listing date is 21st November 2024.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

Mangal Compusolution IPO Date

Date of DRHP:
6th March 2024
IPO Allotment Date:
18th November 2024
IPO Open Date:
12th November 2024
Initiation of Refund:
19th November 2024
IPO Closing Date:
14th November 2024
IPO Listing Date:
21st November 2024

Mangal Compusolution IPO Info, Size, Subscription

Mangal Compusolution IPO size is Rs 16.23 Cr. crores with IPO price of Rs 45.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 16.23 Cr.

Issue Price:
₹ 45.00

Market Capitalisation :
₹ 61.23 Cr.

PE multiple :
18.90

Subscription :
34.59 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
73.50%

Mangal Compusolution IPO Information

Sub Sector : provides hardware rental solutions
Mangal Compusolution is engaged in delivering comprehensive IT hardware solutions designed to meet the ever-evolving technology needs of businesses across various industries. With a major focus on the rental of IT hardware, we strive to provide top-tier equipment and services that empower organizations to thrive in the digital age. They are actively involved in the business of renting and selling IT hardware equipment, offering comprehensive end-to-end IT equipment services across India. Their services encompass the rental of a diverse range of IT equipment, including servers, laptops, desktops, projectors, router-switches, workstations, Plasma/LCD TVs, PA Systems, and various accessories. Additionally, they specialize in creating customized IT configurations tailored to their clients' specific specifications and needs, available for both rental and purchase. Their rental services offer businesses the
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Object of Issue (Mangal Compusolution IPO Objectives)

  • Capital Expenditure
  • General Corporate Purposes

Jawa Capital Services Private Limited is the book-running lead manager of the Mangal Compusolution IPO. Kfin Technologies Limited is the Registrar and Market Maker is Rikhav Securities Limited for Mangal Compusolution IPO.

Mangal Compusolution IPO Market Maker

Rikhav Securities Limited

Mangal Compusolution IPO Registrar (RTA)

Kfin Technologies Limited

Mangal Compusolution IPO Lead Manager (BRLM)

Jawa Capital Services Private Limited

Mangal Compusolution IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Mangal Compusolution IPO?

Mangal Compusolution IPO, based in Mumbai, operates in the   Information Technology - Hardware sector with a focus on provides hardware rental solutions. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Mangal Compusolution IPO size is ₹ 16.23 Cr. Crores with fresh issue size of Rs 16.23 Cr. Crores and Offer for sale being Nil.

When is Mangal Compusolution IPO allotment?

The IPO allotment date for Mangal Compusolution IPO is expected to be 18th November 2024, after the finalization of basis of allotment. Investors can check Mangal Compusolution IPO allotment status on the registrars website, Kfin Technologies Limited. Mangal Compusolution IPO refund dates are 19th November 2024.

When is Mangal Compusolution IPO listing date?

Mangal Compusolution IPO is expected to be listed on 21st November 2024.

What is the price band for Mangal Compusolution IPO?

The upper price band for the Mangal Compusolution IPO is set at ₹ 45.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Mangal Compusolution IPO Review?

For IPO analysis on Mangal Compusolution IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Mangal Compusolution IPO?

To apply for the Mangal Compusolution IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 14th November 2024. After submission, funds are blocked until the basis of allotment of Mangal Compusolution IPO is finalised.

Who is the merchant banker of Mangal Compusolution IPO?

The merchant banker for Mangal Compusolution IPO is Jawa Capital Services Private Limited . Jawa Capital Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Mangal Compusolution IPO RHP for further details.

Who is the Registrar of Mangal Compusolution IPO?

The registrar for Mangal Compusolution IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Mangal Compusolution IPO through their official website or helpline.

What is the Mangal Compusolution IPO subscription?

Mangal Compusolution IPO was subscribed 34.59 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 16.23 Cr. Avg IPO Size (Sector Based) : ₹ 40.86 Cr.
  • Sector: Information Technology - Hardware SME IPO so far: 9
  • Merchant Banker: Jawa Capital SME IPO by BRLM so far: 47
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): ₹ 18.12 cr.
            PAT: (annualised): ₹ 3.24 cr.
  • PE Ratio: 18.90x Average Sector PE Ratio: 22.44x
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FAQs

Mangal Compusolution IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Mangal Compusolution Financial Review Page

Mangal Compusolution IPO subscription was 34.59 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Mangal Compusolution IPO listed at a listing price of 42.75 against the offer price of 45.00.

The current market price of Mangal Compusolution is 40.32.

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