Mangal Compusolution SME IPO Details, Financials, Valuation & Peers
Explore Mangal Compusolution IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Mangal Compusolution Limited, formerly known as Pathik Computer Systems Private Limited, specializes in IT hardware solutions tailored to the evolving technology demands of businesses across diverse industries. Established in 2011 and headquartered in Mumbai, the company provides both rental and sales of high-quality IT hardware equipment, focusing on flexibility and scalability to suit small and large enterprises alike. Mangal Compusolution's product offerings include servers, laptops, desktops, projectors, PA systems, and more, sourced from top-tier brands such as IBM, Dell, HP, and Lenovo. Additionally, the company offers comprehensive on-site setup, maintenance, and 24-hour support services, ensuring seamless integration and optimal performance for clients nationwide.
Key Points:
- Core Business Offerings:
- IT Hardware Rental Services: Provides clients with flexible, scalable IT equipment rental options, allowing them to adjust to seasonal demand or specific projects without long-term ownership burdens.
- IT Hardware Sales: Offers both new and pre-owned IT equipment at competitive prices, with pre-owned equipment rigorously maintained and sold at a discount for cost-effective ownership options.
- On-site Services and Support: Includes setup, deployment, and maintenance services, supported by an experienced team and a 24-hour helpline for technical assistance.
- Product Range:
- Equipment includes servers, desktops, laptops, LCD projectors, plasma screens, and PA systems from top brands, ensuring compatibility with clients’ existing setups.
- Add-ons like large-screen monitors and related accessories enhance functionality for client-specific needs.
- Environmental Commitment: Provides eco-friendly options, such as energy-efficient equipment and recycling programs, aligning with sustainable business practices.
- Geographic Reach: While serving clients across India, Maharashtra remains the primary revenue source, accounting for 96.87% of revenue as of June 30, 2024.
- Competitive Advantages:
- Cost savings for clients via rental flexibility, CAPEX reduction, and tax benefits.
- High industry standards with reliable, well-maintained products and a dedicated support team, ensuring client satisfaction and trust.
Objects of the Issue
- Capital Expenditure
- General corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 12 Nov - 14 Nov 2024 |
| IPO Price Band | ₹45 per share |
| Fresh Issue | 36,06,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹16.23 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 12 Nov 2024 |
| IPO Closing Date | 14 Nov 2024 |
| Basis Of Allotment | 18 Nov 2024 |
| Refunds | 19 Nov 2024 |
| Demat Transfer | 19 Nov 2024 |
| IPO Listing Date | 20 Nov 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
|---|---|---|---|---|
| Total Income | 18.49 | 34.83 | 23.44 | 4.53 |
| Total Expenses | 17.28 | 27.05 | 18.24 | 3.45 |
| Net Profit/Loss | 0.87 | 7.04 | 3.86 | 0.81 |
| NPM (*) | 5.03 | 40.28 | 18.47 | 19.82 |
| Total Assets | 52.67 | 47.16 | 45.52 | 44.92 |
| Total Liabilities | 43.57 | 31.02 | 25.52 | 24.11 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
|---|---|---|---|---|
| EPS | 0.87 | 7.04 | 3.86 | 0.81 |
| ROE (%) | 9.99 | 55.79 | 21.35 | 3.97 |
| ROCE (%) | 1.99 | 16.50 | 9.55 | 2.05 |
| D/E Ratio | 3.77 | 1.64 | 1.02 | 0.90 |
| Current Ratio | 0.91 | 1.97 | 2.43 | 2.35 |
| EBITDA MARGIN (%) | 60.94 | 88.27 | 56.57 | 60.33 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Mangal Compusolution Limited | 20.89 | 11.66 | 3.86 | 19.29 | 19.99 |
| Silicon Rental Solution Limited | 63.25 | 20.22 | 12.56 | 20.54 | 61.14 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Non-Institutional Investor (NII/HNI) | Not less than 50% |
| Retail Individual Investor (RII) | Not less than 50% |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 22.28 |
| Retail Individual Investor (RII) | 46.91 |
| Total | 34.59 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Company Promoters
- MR. HARDIK MEGHRAJ JAIN
- MRS. NEETA MUKESH DESAI
- MR. PATHIK MUKESH DESAI
- MR. MUKESH KHANDUBHAI DESAI
- MRS. BINNY PATHIK DESAI
Lead Managers
- Jawa Capital Services Private Limited
Company Address
Mangal Compusolution Limited
Unit No. 03, Satguru Nanak Industrial Estate, Off Western Express Highway, Goregaon (East), Mumbai, Maharashtra, India-400063.
Phone: +91-22-40360500
Email: compliance@mangalcompusolution.com
Website: www.mangalcompusolution.com
FAQs
- What is the issue size of the Mangal Compusolution SME IPO?The Mangal Compusolution SME IPO has an issue size of ₹16.23 crore. This includes a fresh issue of 36,06,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Mangal Compusolution IPO?The price band for the Mangal Compusolution IPO is ₹45 per share.
- What are the bidding dates for the Mangal Compusolution IPO?The Mangal Compusolution IPO will open for bidding on 12 Nov 2024 and close on 14 Nov 2024.
- What is the allotment date for the Mangal Compusolution IPO?The allotment date for the Mangal Compusolution IPO is 18 Nov 2024.
- What is the minimum lot size and investment required for the Mangal Compusolution IPO?The minimum lot size for the Mangal Compusolution IPO is 3000 shares and the minimum investment required is ₹1,35,000.
- What is the listing date for the Mangal Compusolution IPO?The listing date for the Mangal Compusolution IPO is 20 Nov 2024.
- What is the Mangal Compusolution IPO grey market premium?The grey market premium (GMP) for the Mangal Compusolution IPO is currently at ₹2, with an expected listing gain of approximately 4.44%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.