IPO

IPO Synopsis

Mangal Compusolution Ltd
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
Opens On Closes On
12-Nov-24 14-Nov-24
Money Payable On
Application Allotment
45.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
Cr Lead Managers to the Issue
Project Cost (.Cr) 14.90 Jawa Capital Services Pvt Ltd
Project Financed through Current Offer (.Cr) 16.23  
Post Issue Equity Share Capital (.Cr) 13.61
Issue Price () 45.00
Projects
Capital Expenditure
General Corporate Purposes
Promoted By
Hardik Meghraj Jain
Neeta Mukesh Desai
Pathik Mukesh Desai
Listing At
BSE - SME
Registrar to the Issue
KFin Techologies Ltd