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MANGAL COMPUSOLUTION LTD

SME

Issue Price

₹ 45

per equity share

Issue Size

36.06 lakhs

equity share

Face Value

per equity share

Market Lot

3000

equity share

Please note

Listing at BSE

MANGAL COMPUSOLUTION LTD

Important Dates

IPO Open Date

12 Nov 2024

IPO Close Date

14 Nov 2024

Allotment Date

18 Nov 2024

Initiation of Refunds

19 Nov 2024

Credit of Shares to Demat Account

19 Nov 2024

IPO Listing Date

20 Nov 2024

UPI Mandate Expiry Date

14 Nov 2024

IPO Details

Mangal Compusolution IPO issue size is of 36.06 lakh equity shares. This IPO is offering entirely a fresh issue. The IPO is fixed price band issue and the issue price decided at Rs 45 per share. Mangal Compusolution IPO 1 lot consists of 3000 shares. The minimum investment for the retail category is to be around Rs 135,000. The allotment status will be released on Monday, November 18, 2024. The listing will be on the BSE SME platform on Wednesday, November 20, 2024. Mangal Compusolution's IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can visit on Kfin Technologies Limited website and, select the name of the company and enter PAN number or application ID to know their allotment status.

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About MANGAL COMPUSOLUTION LTD

Mangal Compusolution Ltd, incorporated on April 11, 2011, is a Mumbai-based company that is offering IT services and hardware products. With an authorized capital of INR 15 crore, this company is offering various products such as servers, workstations, laptops, and projectors. It is famous for designing customized IT solutions for varied sectors spread across India and catering to both short-term and long-term rental needs. Mangal Compusolution is also a Microsoft SPLA partner that provides software rentals and hardware. Keeping in view quality and customer satisfaction, the company is looking forward to doubling the size of its IT assets by 2028 and is indeed confirming its position as the leading service provider in the competitive IT landscape.

Parent Organisation

-

Founded

2011

Managing Director

Hardik Meghraj Jain, Neeta Mukesh Desai, Pathik Mukesh Desai, Mr Mukesh Khandubhai Desai and Mrs Bin

IPO Objectives

The company intends to utilize the net proceeds of the fresh issue into capital expenditure, and for general corporate purposes.

How to apply for IPO

  • Login to your Bigul account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • Approve the mandate request on your UPI and funds will be blocked
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