Mangal Compusolution IPO

Incorporated in April 2011, Mangal Compusolution Limited provides hardware rental solutions to fulfill the needs of businesses across various industries. The company rents IT hardware and offers comprehensive end-to-end IT equipment. It rents diverse IT equipment, including servers, laptops, desktops, projectors, router switches, workstations, Plasma/LCD TVs, PA Systems, and various accessories. Mangal Compusolution provides small and large enterprises with customizable IT hardware products, including laptops, desktops, servers, and other equipment, to meet clients' specific requirements. The company's major clients are concentrated in Maharastra, though it provides services in all of India. The company's business can be divided into the following categories Rental Income from lease of IT Equipment i.e., Computers & Peripherals Sale of IT Equipment, and IT Equipment Maintenance Service Fees Competitive Strength: Huge variety of products to offer, including HP, Dell, Lenovo, and more. Customer-Centric Approach 24/7 dedicated support team and service availability. Zero downtime by keeping stock of extra equipment to replace faulty system. As of September 30, 2024, the company has 24 full-time employees and five directors, including one Managing Director, one Executive Director, one Non-Executive Director, and three Independent Directors.

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects Capital Expenditure General corporate purposes;

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