What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Mangal Compusolution Limited IPO?

Mangal Compusolution Limited IPO has received a total subscription of 34.65 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Mangal Compusolution Limited

ListedSME

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

₹2

+4.4%

Est. Listing

₹47

at current GMP

Subscribed

34.65x

overall

Open

12 Nov 2024

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

34.65x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

22.39x

High Net-Worth

Retail (RII)

46.91x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 34.65x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	1,710,000	38,289,000	22.39x
RETAIL	1,710,000	80,211,000	46.91x
Total	3,420,000	118,500,000	34.65x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 46.01x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	421	19,749	46.91x
HNIs (10L +)	3	67	22.39x
HNIs (2-10L)	13	291	22.39x
Total Applications	437	20,107	46.01x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is Mangal Compusolution Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Mangal Compusolution Limited IPO is ₹2 per equity share. Based on the upper price band of ₹45 to ₹45 per equity share, the estimated listing price is ₹47 (+4.4% expected listing gain).

What is the expected profit per lot for Mangal Compusolution Limited IPO?

With a lot size of 3000 shares and current GMP of ₹2, the expected profit per application lot is approx ₹6,000 (+4.4% gain). Minimum application cost is approx ₹1,35,000.

What is the issue size and price band for Mangal Compusolution Limited IPO?

The Mangal Compusolution Limited IPO aggregate issue size is ₹16.23 Crores with an equity price band set at ₹45 to ₹45 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,35,000.

How can I check Mangal Compusolution Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 34.65x (Retail: 46.91x, QIB: 0.00x, NII: 22.39x). You can track live multiples directly on our dedicated subscription page.

Where and when will Mangal Compusolution Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-11-21. Investors can verify status using PAN card or application number.

When is the listing date for Mangal Compusolution Limited IPO?

Mangal Compusolution Limited shares are scheduled to list on BSE on 2024-11-22.