Mangal Compusolution Limited

Company Name	Mangal Compusolution Limited
Open Date	12-11-2024
Close Date	14-11-2024
Exchange	BSE SME
Lot Size	3,000 Shares
Issue Price	₹45 per share
Issue Size	36,06,000 shares
Application Amount	₹1,35,000
Recommendation	Avoid

Mangal Compusolution Limited was originally incorporated as “Pathik Computer Systems Private Limited” on Apr 11, 2011. The registered office is located at Mumbai, Maharashtra. The company is engaged in the business of rental and sale of IT equipment. They also provide maintenance services. The company derives majority of its revenue from sale of used IT equipment. The company has 24 full-time employees as on Sep 30, 2024.

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Financial Summary in Lakhs

For the Period Ended	Mar-22	Mar-23	Mar-24
Revenue	1,721.10	1,748.17	2,088.58
EBITDA	921.19	-191.96	925.67
Net Profit	86.62	704.08	385.81
RoCE	10.68%	-16.76%	15.54%
ROE	9.52%	43.62%	19.29%
P/E	51.72	6.39	11.66

Tentative Timeline

Opening Date	12-11-2024
Closing Date	14-11-2024
Basis of Allotment	18-11-2024
Initiation of Refunds	19-11-2024
Credit of Shares to Demat	19-11-2024
Listing Date	20-11-2024

Objects of the Issue

Capital expenditure

General Corporate Purposes

Contact Information

Registered Office	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/

Offer Documents

Mangal Compusolution IPO DRHP

Mangal Compusolution IPO RHP

Registrar Details

Name	KFin Technologies Limited
Phone	04067162222, 04079611000
Email	mangalcomp.ipo@kfintech.com
Website	https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Retail Shares Offered	Not more than 50.00% of the Net Issue
Other Shares Offered	Not more than 50.00% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters)	99.99%
Shareholding Post Issue (Promoters)	73.50%