The Mangal Compusolution IPO, valued at ₹16.23 crore, received an overwhelming response, with the offer being subscribed 34.64 times by November 14, its closing day.
Retail investors led the demand, with their category booked 46.9 times, while Non-Institutional Investors subscribed 22.39 times. The IPO offered 36.06 lakh fresh shares at a fixed price of ₹45 each. The minimum lot size for retail investors was 3,000 shares, requiring an investment of ₹1.35 lakh.