Mangal Compusolution IPO itemizing date: Mangal Compusolution share value made a muted debut on BSE SME at this time. On BSE SME, Mangal Compusolution share value was listed at ₹45, which is similar as the problem value. Following its debut, Mangal Compusolution share value was locked in 5% decrease circuit. At 10:13 IST, Mangal Compusolution share value was buying and selling at ₹42.75 apiece on BSE SME.
Mangal Compusolution IPO opened for subscription on Tuesday, November 12 and closed on Thursday, November 14. The SME IPO acquired overwhelming response from buyers. Mangal Compusolution Restricted presents {hardware} rental companies to fulfill the calls for of corporations in a spread of sectors. The enterprise offers full end-to-end IT tools and rents out IT know-how. On the final bidding day, Mangal Compusolution IPO subscription standing was 34.59 instances, as per chittorgarh.com
Whereas the corporate serves purchasers all through India, the Maharashtra area considerably contributes to their income; for the quarter ending June 30, 2024, Maharashtra represented 96.87% of the full income.
Mangal Compusolution IPO particulars
Mangal Compusolution IPO consists of recent difficulty of three,606,000 fairness shares aggregating to ₹16.23 crore. There isn’t any supply on the market (OFS) element.
The agency intends to use the online proceeds from the issuance for numerous functions, together with capital expenditures and normal company wants.
Jawa Capital Companies Non-public Restricted serves because the e-book operating lead supervisor for the Mangal Compusolution IPO, with Kfin Applied sciences Restricted performing because the registrar for this providing. The market maker for the Mangal Compusolution IPO is Rikhav Securities.
Mangal Compusolution IPO GMP at this time
Mangal Compusolution IPO GMP at this time is +2. This means Mangal Compusolution share value was buying and selling at a premium of ₹2 within the gray market, based on investorgain.com.
Contemplating the higher finish of the IPO value band and the present premium within the gray market, the estimated itemizing value of Mangal Compusolution share value is indicated at ₹47 apiece, which is 4.44% larger than the IPO value of ₹45.
‘Gray market premium’ signifies buyers’ readiness to pay greater than the problem value.
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