Mangal Compusolution IPO, Price, Review, date, GMP, Key Details

The Mangal Compusolution IPO, an SME fixed-price issue, offers shares priced at ₹45 each, aiming to raise ₹16.23 crore. Established in April 2011, Mangal Compusolution Ltd. provides IT hardware leasing services, including servers, laptops, desktops, projectors, routers, and plasma TVs, catering mainly to clients in Maharashtra. The company’s revenue is divided among IT equipment rental, equipment sales, and maintenance services.

Key Details:

• IPO Date: November 12-14, 2024

• Issue Price: ₹45 per share

• Listing Date: November 20, 2024 (on BSE and SME)

• Issue Size: 36.06 lakh shares (₹16.23 crore)

Mangal Compusolution’s revenue has shown significant regional focus, with Maharashtra contributing the highest share. Financially, total assets stand at ₹4,492.01 lakh as of June 2024, with revenue for the same period at ₹453.44 lakh. Key revenue sources include lease rent, product sales, and service fees, showing a solid base but reliance on hardware leasing poses risks with evolving technology demands.

Strengths:

1. Diverse Product Range: Mangal Compusolution provides customized IT solutions and access to premium hardware brands.

2. Strong Client Support: The company’s commitment to proactive inventory management and 24/7 support minimizes downtime.

Challenges:

1. Market Dependency: Heavy reliance on hardware rentals exposes it to technology shifts.

2. High Capital Needs: The company’s business requires significant capital to maintain infrastructure and inventory, impacting cash flow.