Mangal Compusolution Limited
ListedSMEInformation Technology · BSE
Mangal Compusolution Limited, incorporated in April 2011, provides customized IT hardware rental solutions to businesses across multiple industries, offering products like servers, laptops, desktops, projectors, routers, TVs, PA systems, and accessories. The company allows enterprises to rent or purchase hardware as per their requirements and also offers maintenance services to ensure smooth operations. Its business model includes rental income, sales of IT equipment, and fees from maintenance services. With a strong presence in Maharashtra and clients across India, the company ensures zero downtime by keeping backup equipment ready for immediate replacement if needed. As of September 30, 2024, it employs 24 full-time staff and is managed by a five-member board of directors.
Price Band
₹45
Issue Size
₹16.23 Cr
Lot Size
3000 shares
GMP
₹2
+4.4%
Est. Listing
₹47
at current GMP
Subscribed
34.65x
overall
Open
12 Nov 2024
Close
14 Nov 2024
Allotment
21 Nov 2024
Refund
22 Nov 2024
Demat Credit
23 Nov 2024
Listing
22 Nov 2024
Last updated 12 days ago
Official Registrar Verification
Mangal Compusolution Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
21 Nov 2024
Basis finalization
Refunds Initiate
22 Nov 2024
Mandate release
Demat Credit
23 Nov 2024
Shares in demat
Listing Debut
22 Nov 2024
Trading begins
How to Check Mangal Compusolution Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Mangal Compusolution Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Mangal Compusolution Limited Public Issue & Market Profile
Mangal Compusolution Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹16.23 Crores. The shares are offered at a price band of ₹45 to ₹45 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2024-11-14, the basis of allotment is scheduled to be finalized on 2024-11-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.