IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,710,000 (47%) | — | ₹770 Cr |
| Retail | — | 1,710,000 (47%) | — | ₹770 Cr |
| Market Maker | — | 186,000 (5%) | — | ₹8 Cr |
| Σ Total | — | 3,606,000 (100%) | — | ₹16,227 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹135,000 |
| Retail (Max) | 13 | 39,000 | ₹1,755,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,890,000 |
| B-HNI (Min) | 67 | 201,000 | ₹9,045,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 453 | 2,344 | 3,483 |
| Profit After Tax | 81 | 386 | 704 |
| Net Worth | 2,081 | 2,000 | 1,614 |
| Total Assets | 4,492 | 4,552 | 4,716 |
| Reserves & Surplus | 1,081 | 1,000 | 1,414 |
| Total Borrowing | 1,863 | 2,041 | 2,652 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Capital Expenditure –
- General corporate purposes; –
Company Overview
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.