
Information 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
+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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹45
Band: ₹45
Estimated Listing Price
₹47
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,35,000
Estimated Profit / Lot
₹6,000
3000 × ₹2
Grey Market Premium trend
+₹2
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹2 | 4.4% | ₹47 |
| 30 Oct 2026 | +₹2 | 4.4% | ₹47 |
| 29 Oct 2026 | +₹2 | 4.0% | ₹47 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Mangal Compusolution Limited IPO is ₹2, which indicates an expected listing price of ₹47.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.