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Mangal Compusolution Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Mangal Compusolution Ltd IPO

Registered Office: Unit #3 Satguru Nanak Ind Este,Off West. Exp H.Ways Goregon E , Mumbai - 400063 , Maharashtra , India.
Phone : +91 22 4036 0500   Fax:
Email :  info@mangalcompusolution.com  
Website :  www.mangalcompusolution.com
Initial public issue of 36,06,000 equity shares of face value of (Rs)10 each ("Equity Shares") of Mangal Compusolution Limited (the "Company") for cash at a price of (Rs)45 per equity share (including a share premium of (Rs)35 per equity share) (the "Issue Price"), aggregating upto (Rs)16.23 crores ("The Issue"), of which 1,86,000 equity shares of face value of (Rs)10 each for cash at a price of (Rs)45 per equity share, aggregating to (Rs)0.84 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 34,20,000 equity shares of face value of (Rs)10 each for cash at a price of (Rs)45 per equity share, aggregating to (Rs)15.39 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.14% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10 each and the issue price of (Rs)45 is 4.5 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
12-Nov-24 14-Nov-24 (Rs)45.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 14.90
Jawa Capital Services Pvt Ltd
Project Financed through Current Offer 16.23  
Post Issue Equity Share Capital 13.61  
Issue Price (Rs)45.00  
 
Projects
Capital ExpenditureGeneral Corporate Purposes
Promoted By
Hardik Meghraj Jain  
Neeta Mukesh Desai  
Pathik Mukesh Desai  
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd