The Mangal Compusolution IPO, which opened for subscription from November 12 to November 14, 2024, witnessed massive investor interest, with a subscription rate of 34.64 times. The IPO was valued at ₹16.23 crore, offering 36.06 lakh shares priced at ₹45 per share. The allotment results were finalized on November 18, 2024, shares were credited to demat accounts on November 19, and the IPO will be listed on the BSE SME platform on November 20, 2024. Retail investors subscribed 46.91 times, while non-institutional investors subscribed 22.39 times. Let’s break down the details about the Mangal Compusolution IPO allotment status, GMP, subscription status, and whether it’s a good investment.
Key Information About Mangal Compusolution IPO Allotment Status
| Details | Information |
|---|---|
| IPO Size | ₹16.23 crore |
| Price Per Share | ₹45 |
| Shares Offered | 36.06 lakh |
| Overall Subscription | 34.64 times |
| Retail Subscription | 46.91 times |
| Non-Institutional Subscription | 22.39 times |
The Mangal Compusolution IPO allotment status reflects strong investor confidence and high subscription rates.
Key Dates for Mangal Compusolution IPO Allotment Status
| Event | Date |
|---|---|
| Open Date | November 12, 2024 |
| Close Date | November 14, 2024 |
| Allotment Date | November 18, 2024 |
| Refund Date | November 19, 2024 |
| Listing Date | November 20, 2024 |
These dates are essential for tracking the Mangal Compusolution IPO allotment status.
How to Check Mangal Compusolution IPO Allotment Status
1. KfinTech Website
- Visit the KfinTech IPO allotment page.
- Select “Mangal Compusolution” from the dropdown menu.
- Enter your PAN number, application number, or Demat account number.
- Click “Search” to view your allotment status.
2. BSE Website
- Go to the BSE IPO allotment page.
- Choose “Mangal Compusolution” from the list.
- Enter your application details.
- Submit to view the Mangal Compusolution IPO allotment status.
3. Demat Account
Log into your Demat account to check if shares have been credited.
Understanding Mangal Compusolution IPO GMP
The Mangal Compusolution IPO GMP (Grey Market Premium) is an indicator of market sentiment and expected listing gains. While the latest GMP data is unavailable, it is typically used to gauge the potential of IPOs like this one. Monitoring the Mangal Compusolution IPO GMP can offer valuable insights into investor confidence.
Analyzing Mangal Compusolution IPO Subscription Status
The Mangal Compusolution IPO subscription status highlights significant demand from all investor categories:
- Retail Investors: Subscribed 46.91 times, indicating robust interest from individual investors.
- Non-Institutional Investors (NIIs): Subscribed 22.39 times, showcasing confidence from high-net-worth individuals.
- Overall Subscription: 34.64 times, reflecting the widespread popularity of the IPO.
This remarkable Mangal Compusolution IPO subscription status underscores the market’s trust in the company’s business potential.
Detailed Mangal Compusolution IPO Review: Is It Good or Bad?
Strengths of Mangal Compusolution IPO
- Strong Business Model: The company focuses on IT hardware solutions and rental services, both of which are in high demand.
- High Subscription Rates: The Mangal Compusolution IPO subscription status reflects solid confidence among retail and institutional investors.
- Affordable IPO Price: Priced at ₹45, it offers value for money.
Challenges
- High Minimum Investment: Retail investors need a minimum investment of ₹135,000, which may restrict smaller investors.
Final Verdict: The Mangal Compusolution IPO is good for those seeking to benefit from the IT sector’s growth. However, assess your financial goals and risk tolerance before investing.
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What is the Mangal Compusolution IPO allotment status?
The allotment status indicates whether shares have been allocated to your account. Check via KfinTech, the BSE website, or your Demat account.
How do I check my Mangal Compusolution IPO allotment status?
Visit the KfinTech or BSE IPO allotment page and enter your PAN, application number, or Demat account details.
What is the GMP (Grey Market Premium) for the Mangal Compusolution IPO?
The GMP reflects investor expectations for listing gains. Keep an eye on updated GMP values to assess potential performance.
Is the Mangal Compusolution IPO a good investment?
Yes, it shows high demand and strong fundamentals, making it an attractive option for investors interested in the IT sector.
How can I start investing in IPOs like Mangal Compusolution?
Open your Demat account with GRM Bulls to start your journey. Click here to open your account now!