Mangal Compusolution limited is a well-known leading company for computer rental services established in April 2011. They are one of the top IT service sectors who provide solutions for different computer related rental services like hardware and software with affordable prices. From servers, laptops, desktops, projectors, router switches, workstations, Plasma/LCD TVs, PA Systems, to various other accessories, they offer many equipment for renting. IBM, Dell, HP, Lenovo, Sony, Compaq, and Toshiba are some of the amazing tech brands they offer for renting long and short term requirements.
Mangal Compusolution Services IPO open date is November 12, 2024 and the IPO will close on November 14, 2024. Mangal Compusolution Services IPO is a Fixed Price Issue. The retail quota is 50%, QIB is 00%, and HNI is 50%. Mangal Compusolution Services IPO to list on NSE on November 18, 2024. The allotment of Mangal Compusolution Services IPO date is November 20, 2024. The company reported revenue of ₹23.44 crores in 2024 against ₹34.83 crore in 2023. The company reported Profit of ₹3.86 crores in 2024 against Profit of ₹7.04 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Mangal Compusolution Services IPO Details
| IPO Open Date: | November 12, 2024 |
| IPO Close Date: | November 14, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹45 Per Share |
| Issue Size: | Approx ₹16.23 Crores |
| Fresh Issue: | Approx ₹16.23 Crores |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than 00% |
| NII Quota: | Not more than 50% |
Mangal Compusolution Services IPO Timeline
The Mangal Compusolution Services IPO date is November 12 and the close date is November 14. The Mangal Compusolution Services IPO allotment will be finalized on November 18 and the IPO listing on November 20.
| IPO Open Date: | November 12, 2024 |
| IPO Close Date: | November 14, 2024 |
| Basis of Allotment: | November 18, 2024 |
| Refunds: | November 19, 2024 |
| Credit to Demat Account: | November 19, 2024 |
| IPO Listing Date: | November 20, 2024 |
Mangal Compusolution Services IPO Market Lot
The Mangal Compusolution Services IPO minimum market lot is 3,000 shares with ₹135,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3,000 | ₹135,000 |
| Retail Maximum | 1 | 3,000 | ₹135,000 |
| S-HNI Minimum | 2 | 6,000 | ₹270,000 |
Mangal Compusolution Services IPO Valuation Analysis – Fiscal Year 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 |
