Mangal Compusolution is a leading name in IT service sector through out major cities of India. It provides customized solutions for various hardware and software rental needs. It has rendered services to leading organizations and high profile individuals for the more than 20 years now. Mangal binds consistency of high delivery quality through its team integrity.

Mangal Compusolution, an Fixed Price Issue amounting to ₹16.23 Crores, consisting entirely an Fresh Issue of 36.06 Lakh Shares. The subscription period for the Mangal Compusolution IPO opens on November 12, 2024, and closes on November 14, 2024. The allotment is expected to be finalized on or about Monday, November 18, 2024, and the shares will be listed on the BSE SME with a tentative listing date set on or about Wednesday, November 20, 2024.

The Share price of Mangal Compusolution IPO is set at ₹45 per equity share. The Market Capitalisation of the Mangal Compusolution Limited at IPO price of ₹45 per equity share will be ₹61.22 Crores. The lot size of the IPO is 3,000 shares. Retail investors are required to invest a minimum of ₹1,35,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (6,000 shares), amounting to ₹2,70,000.

Jawa Capital Services Private Limited is the book-running lead manager while Kfin Technologies Limited is the registrar for the Issue. Rikhav Securities Limited is the Market Maker for the Mangal Compusolution IPO.

Mangal Compusolution Limited IPO GMP Today
The Grey Market Premium of Mangal Compusolution Limited IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Mangal Compusolution Limited IPO Live Subscription Status Today: Real-Time Updates
As of 12:00 PM on 14 November 2024, the Mangal Compusolution IPO live subscription status shows that the IPO subscribed 12.59 times on its Final day of subscription period. Check the Mangal Compusolution IPO Live Subscription Status today at BSE.

Mangal Compusolution Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online s
Mangal Compusolution IPO allotment date is 18 November, 2024, Monday. Mangal Compusolution IPO Allotment will be out on 18th November 2024 and will be live on Registrar Website from the allotment date. Check Mangal Compusolution IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Mangal Compusolution Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Mangal Compusolution Limited IPO
Mangal Compusolution Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹1,295.88 Lakhs is required for the Capital Expenditure
2. ₹193.82 Lakhs is required for the General corporate purposes

Refer to Mangal Compusolution Limited RHP for more details about the Company.

Check latest IPO Review & analysis, Live IPO GMP today, Live IPO Subscription Status Today, Share Price, Financial Information and other details before applying in the IPO.

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About Mangal Compusolution Limited

Mangal Compusolution is engaged in delivering comprehensive IT hardware solutions designed to meet the ever-evolving technology needs of businesses across various industries. With a major focus on the rental of IT hardware, they strive to provide top-tier equipment and services that empower organizations to thrive in the digital age. They are actively involved in the business of renting and selling IT hardware equipment, offering comprehensive end-to-end IT equipment. Although they are servicing clients across India, however, Maharashtra region accounts for their major source of revenue, for the quarter ended June 30, 2024, Maharashtra region accounted for 96.87% of the total revenue. Their services encompass the rental of a diverse range of IT equipment, including servers, laptops, desktops, projectors, router-switches, workstations, Plasma/LCD TVs, PA Systems, and various accessories. Additionally, they specialize in creating customized IT configurations tailored to their clients' specific specifications and needs, available for both rental and purchase.

In addition to offering IT equipment for rental, they also provide on-site support and maintenance services. They have on board team of 8 personnels who have average experience of approximately 10 years in computer hardware field, which enables them to execute projects with precision, adhering closely to their clients' specifications and requirements. They exclusively rent top-tier IT equipment brands such as IBM, Dell, HP, Lenovo, Sony, Apple, Compaq, and Toshiba, ensuring seamless compatibility of software with the rented machines and a seamless integration with their clients’ existing branded equipment. Moreover, their product range encompasses add-ons like large-screen monitors, LCD projectors, plasma screens, and related accessories. 

Out of 24 employees, 17 are skilled employees consisting of Operational Head, IT Manager, Marketing Manager, Hardware Engineers, Account Assistants etc. and 7 employees are Unskilled consisting of Office Assistant, Store Keeper and Receptionist. The Banker of the Mangal Compusolution is BHARAT CO-OPERATIVE BANK (MUMBAI) LTD.

INDIAN IT SECTOR
The IT & BPM sector has become one of the most significant growth catalysts for the Indian economy, contributing significantly to the country’s GDP and public welfare. The IT industry accounted for 7.5% of India’s GDP in FY23, and it is expected to contribute 10% to India’s GDP by 2025.

As innovative digital applications permeate sector after sector, India is now prepared for the next phase of growth in its IT revolution. India is viewed by the rest of the world as having one of the largest Internet user bases and the cheapest Internet rates, with 76 crore citizens now having access to the Internet.

The current emphasis is on the production of significant economic value and citizen empowerment, thanks to a solid foundation of digital infrastructure and enhanced digital access provided by the Digital India Programme. India is one of the countries with the quickest pace of digital adoption. This was accomplished through a mix of government action, commercial innovation and investment, and new digital applications that are already improving and permeating a variety of activities and different forms of work, thus having a positive impact on the daily lives of citizens.

India’s rankings improved six places to the 40th position in the 2022 edition of the Global Innovation Index (GII).

According to the National Association of Software and Service Companies (NASSCOM), the Indian IT industry’s revenue touched US$ 227 billion in FY22, a 15.5% YoY growth and was estimated to have touched US$ 245 billion in FY23.

The IT spending in India is estimated to record a double-digit growth of 11.1% in 2024, totalling US$ 138.6 billion up from US$ 124.7 billion last year.

The Indian software product industry is expected to reach US$ 100 billion by 2025. Indian companies are focusing on investing internationally to expand their global footprint and enhance their global delivery centres.

The data annotation market in India stood at US$ 250 million in FY20, of which the US market contributed 60% to the overall value. The market is expected to reach US$ 7 billion by 2030 due to accelerated domestic demand for AI.

India's IT industry is likely to hit the US$ 350 billion mark by 2026 and contribute 10% towards the country's gross domestic product (GDP), Infomerics Ratings said in a report. 

As an estimate, India’s IT export revenue rose by 9% in constant currency terms to US$ 194 billion in FY23. Exports from the Indian IT services industry stood at US$ 199 billion in FY24.

The export of IT services has been the major contributor, accounting for more than 53% of total IT exports (including hardware).

BPM and engineering and R&D (ER&D) and software products exports accounted for 22% and 25%, respectively of total IT exports during FY23.

Exports from the Indian IT industry stood at US$ 194 billion in FY23. The export of IT services was the major contributor, accounting for more than 51% of total IT exports (including hardware). BPM, and Software products and engineering services accounted for 19.3% and 22.1% each of total IT exports during FY23.

The IT industry added 2.9 lakh new jobs taking the industry’s workforce tally to 5.4 million people in FY23.

MANGAL COMPUSOLUTION LIMITED COMPETITIVE STRENGTHS 
1. Diverse Product Range
2. Timely Turnaround
3. Customer-Centric Approach
4. 24/7 Service Availability
5. Standby Equipment for Zero Downtime
6. Flexible Rental Durations

MANGAL COMPUSOLUTION LIMITED STRATEGIES
1. Improve and increase operational efficiencies
2. Optimal Utilization of Resources
3. Enhance customer base by entering new geographies
4. Leveraging their market skills and relationship 

MANGAL COMPUSOLUTION LIMITED RISK FACTORS & CONCERNS
1. Their top ten suppliers contribute majority of their purchases.
2. The business relies heavily on capital investments. 
3. The business operations are majorly concentrated in certain geographical regions i.e., Maharashtra.
4. A substantial rise in IT equipment repair and maintenance expenses exceeding their budget, or the inability to deliver high-quality customer service and support, could harm their relationships with both current and potential customers. 
5. They may face Potential Damage and Loss of IT Equipment.