Mangal Compusolution Ltd, a company in the business support industry, is set to launch its Initial Public Offering (IPO) soon. Here's what you need to know:
Key IPO Details:
Opening Date: November 12, 2024
Closing Date: November 14, 2024
Issue Price: ₹45 per share
Lot Size: 3,000 shares
Minimum Investment: ₹135,000
About the Company:
Mangal Compusolution Ltd was established in 2011 and operates in the business support sector. The company aims to raise ₹16.23 crores through this IPO by offering 36,06,000 fresh shares.
Financial Highlights:
Net Sales (FY24): ₹20.9 crores
Net Profit (FY24): ₹3.9 crores
The company has shown growth in recent years
IPO Details:
This is a fixed-price issue
50% of shares are reserved for retail investors
50% for High Net Worth Individuals (HNIs)
Shares will be listed on the BSE SME platform
How to Apply:
Investors can apply through their bank or trading account during the IPO period. Remember, the minimum application is for one lot (3,000 shares).
Things to Consider:
Review the company's financials and growth prospects
Understand the risks associated with SME investments
Consider your investment goals and risk tolerance
The Mangal Compusolution IPO offers an opportunity to invest in a growing business support company. As with any investment, it's important to do your research and consider your financial situation before investing.
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