About the Company:
Mangal Compusolution Ltd 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, we strive to provide top-tier equipment and services that empower organizations to thrive in the digital age.
We are actively involved in the business of renting and selling IT hardware equipment, offering comprehensive end-to-end IT equipment. Although we are servicing clients across India, however, Maharashtra region accounts for our major source of revenue, for the quarter ended June 30, 2024, Maharashtra region accounted for 96.87% of the total revenue.
Company’s 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, Company specialize in creating customized IT configurations tailored to our clients’ specific specifications and needs, available for both rental and purchase.
Company’s rental services offer businesses the flexibility to scale their IT infrastructure as needed. Company caters to both small as well as large enterprises, our IT hardware products, including laptops, desktops, servers, and other IT equipment, can be tailored to meet specific requirements of the clients.
This scalability allows the clients to adapt to changing workloads, seasonal demands, or project-specific needs without the burden of long-term hardware ownership.
In addition to offering IT equipment for rental, Company also provide on-site support and maintenance services.
Company’s Products includes a wide array of desktops, laptops, and presentation equipment for short- and long-term business needs. We exclusively rent top-tier IT equipment brands such as IBM, Dell, HP, Lenovo, Sony, Apple, Compaq, and Toshiba, Moreover, our product range encompasses add-ons like large-screen monitors, LCD projectors, plasma screens, and related accessories.
Company’s Business Verticals:
- Rental Income from lease of IT Equipment i.e., Computers & Peripherals
- Sale of IT Equipment.
- IT Equipment Maintenance Service Fees.
Brief details of Company’s Business services:
Laptops: We offer laptops from simple to high-end functionality, which includes light configured laptops for day-to-day tasks to Macbook Pro with M2 chip for high-end tasks for designing, data processing and post production.
Servers: Tailoring our offerings to meet client requirements, we provide HPE, Dell, Cisco & IBM servers for rent based on our customer’s requirement of Processing power, Storage capacity, Memory, Network connectivity & availability of Physical Space.
Desktops: We offer powerful configurations tailored to our customer’s needs with scalable RAM, diverse storage solutions, and a range of display sizes with optional DVD drives & writers, Wi-Fi connectivity, Gigabit LAN cards, and a variety of input options.
Storages: We offer high-performance enterprise solutions and storage arrays from leading brands like IBM, HPE, Dell, Apple, NAS and SAN options for optimal data access and scalability.
Other Services: We’re your one-stop shop for all your IT peripheral needs, from modems and routers to NAS storage and UPS devices.
Company’s Segment wise revenue: (in Lakhs)
Company’s Product wise revenue: (in Lakhs)
Management Team:
- Mr. Pathik Mukesh Desai (Designation: Managing Director)
- Mr. Mukesh Khandubhai Desai (Designation: Executive Director)
Objectives of the Issue:
Fresh Issue: (Rs.16.23 cr)
- Capital Expenditure.
- General corporate purposes.
Financials of the Company:
| (in Crores) | FY 22 | FY 23 | FY 24 | Upto 30th June 24 |
|---|---|---|---|---|
| Revenue | 18.48 | 34.83 | 23.44 | 4.53 |
| Net Profit | 0.86 | 7.04 | 3.85 | 0.80 |
Valuation of Peer Group Companies:
| Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
|---|---|---|---|---|---|
| Mangal Compusolution Ltd | 10 | 3.86 | 11.66 | 19.29% | 19.99 |
| Silicon Rental Solution Ltd | 10 | 12.56 | 20.22 | 20.54% | 61.14 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 12th November 2024 |
| Issue Closes on | 14th November 2024 |
| Issue Price | Rs.45 |
| Face Value | Rs.10 |
| Minimum Lot | 3000 Shares |
| Minimum Investment | Rs.1,35,000 |
| Issue Constitutes | 26.50 % |
| Issue Size | Rs.16.23 cr |
| Market Cap | Rs.61.23 cr |
| Listing at | BSE SME |
| Equity Shares Offered (Fresh) | 36,06,000 (Rs.16.23 cr) |
| Equity Shares Prior to the Issue | 1,00,00,000 |
| Equity Shares after the Issue | 1,36,06,000 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 3.86 | 11.66 | 19.26% | 19.99 |
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Important Dates:
| Finalization of Basis of Allotment | on or Before 18th November 2024 |
| Initiation of Refunds | on or Before 19th November 2024 |
| Credit of Equity Shares: | on or Before 19th November 2024 |
| Listing Date: | on or Before 20th November 2024 |
| Company Contact Info: |
|---|
| Mangal Compusolution Ltd Unit No. 03, Satguru Nanak Industrial Estate, Off Western Express Highway, Goregaon (East), Mumbai, Maharashtra, India-400063. Tel No.: +91-22-40360500 E-mail: compliance@mangalcompusolution.com Website: www.mangalcompusolution.com |
| Registrar to the Issue: |
|---|
| Kfin Technologies Limited Selenium, Tower B, Plot No 31 and 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Telangana, 500032 Tel No.: +91 40 6716 2222, E-mail: mangalcomp.ipo@kfintech.com Website: www.kfintech.com |
| Check IPO Allotment Status: |
|---|
KfinTech Website (Click on the below Link)http://kfintech/IPO/Allotment_Status |
