Mangal Compusolution Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Mangal Compuso.

CMP

366.20

- (-)

  • DRHP
₹45

Offer Price

₹ 16.23 Cr

Issue Size

₹ 1,35,000

Min Investment

3,000

Lot size

Time Line

  • 12
    Nov 2024
    Open
  • 14
    Nov 2024
    Close
  • 18
    Nov 2024
    Finalisation of Basis of Allotment
  • 19
    Nov 2024
    Initiation of Refunds
  • 19
    Nov 2024
    Transfer of Shares to Demat Account
  • 21
    Nov 2024
    Listing Date

Objects of the Offer

  • Improve and increase operational efficiencies.

  • Optimal Utilization of Resources.

  • Enhance customer base by entering new geographies.

  • Leveraging its market skills and relationship.

Strengths

  • Innovation focused business model.

  • Consistent track record of profitable growth due to a scalable business model.

  • Established and proven track record.

  • Leveraging the experience of its Promoters.

  • Experienced management team and motivated employees.

Risks

  • The Company and some of its group companies are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various regulatory authorities. Any adverse decision may make it liable to liabilities or may adversely affect its reputation/ business/financial status.

  • There have been instance of deficiency and/or inaccuracies in the regulatory filings by the Company. Consequently, its may be subject to regulatory actions and penalties for such delays which may adversely impact its business and financial condition.

  • The company does not own registered office which is used by it currently.

  • The company operates in highly competitive markets, and fragmented market with low entry barrier.

  • The company is highly dependent on certain key customers for a substantial portion of its revenues. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.

Company Promoters

Promoters Holding

Issue For IPO
26.50%
Pre Holding

100.00%

Post Holding

73.50%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2024 3-Yr trend
Revenue 17.21 (40.30%) 17.48 (1.60%) 20.89 (19.50%)
Gross Profit 6.55 (10.60%) 12.03 (83.70%) 9.06 (-24.70%)
Net Income 0.87 (155.90%) 7.04 (709.20%) 3.86 (-45.20%)
Assets 43.56 (-5.50%) 42.80 (-1.70%) 40.55 (-5.30%)
Liabilities 34.46 (-9.00%) 26.66 (-22.60%) 20.55 (-22.90%)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Mangal Compusolution Ltd 20.89 3.86 40.55 20.55 0.00 0.00 20.00 5.23 0.50
Silicon Rental Solutions Ltd 63.25 12.90 76.79 76.79 20.53 12.56 61.14 16.79 0.09

Book Running Managers

  • Jawa Capital Services Pvt Ltd

Registrar & Transfer Agent

KFin Techologies Ltd

Karvy Selenium Tow-B,
31&32 Financial Dist,
Nanakramguda - Hyderabad-500032
Phone : 91-40-67162222 Fax: 91-40-23001153/23420814

Company Contact Information

Unit #3 Satguru Nanak Ind Este,
Off West. Exp H.Ways Goregon E,
Mumbai - 400063
Phone : +91 22 4036 0500 Email : info@mangalcompusolution.com www.mangalcompusolution.com

Offer Related Information

Initial public issue of 36,06,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Mangal Compusolution Limited (the "Company") for cash at a price of Rs. 45 per equity share (including a share premium of Rs. 35 per equity share) (the "Issue Price"), aggregating upto Rs. 16.23 crores ("The Issue"), of which 1,86,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 45 per equity share, aggregating to Rs. 0.84 crores will be reserved for subscription by the... More

Mangal Compuso. FAQ's

The shares of Mangal Compuso. were first listed on the stock exchanges on June 26, 2024.

The total issue size of the Mangal Compuso. IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they

The minimum lot size for Mangal Compuso. public issue was 125 shares.

The price band of the IPO of Mangal Compuso. was Rs. 114 to Rs. 120 per equity share.

Mangal Compuso. IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.

Bigshare Services Private Limited is the registrar and share transfer agent of Mangal Compuso. IPO.

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