Slone Infosystems IPO Details ( Slone Infosystems Limited IPO Review )
(3 May 2024 – 7 May 2024)
Established in December 2022, Slone Infosystems Limited is an Indian company specializing in IT hardware solutions. We provide a range of IT equipment, including laptops, desktops, servers, and workstations, both for sale and rental. Additionally, we offer IT services to businesses, such as managing cloud servers and servicing IT equipment.
Our business consists of four main segments:
- Selling Laptops, Computers & Computer Accessories
- Selling other IT-related products
- Providing IT service solutions
- Offering Rental Services for IT equipment
We take pride in our ISO certifications for Occupational Health & Safety, Information Security, Environmental Management, and Quality Management Systems, ensuring the highest standards across our operations.
As of April 2024, our team comprises 8 full-time employees and six contractual employees, dedicated to delivering top-notch IT solutions and services.
Slone Infosystems Limited IPO Competitive Strength
- Wide range of offerings with capability to provide customized and integrated IT solutions
- Wide presence in domestic Market with diverse base of customers
- Experienced management and operational team
- Strong relationship with customers
Slone Infosystems IPO Financials Performance ( Results )
Slone Infosystems Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 929.41 | 1,157.44 | 27.54 | 189.61 | 726.10 | |
| 31-Mar-22 | 1,167.37 | 2,659.14 | 38.31 | 228.70 | 921.15 | |
| 31-Mar-23 | 1,190.71 | 3,077.40 | 74.66 | 210.49 | 25.94 | 681.53 |
| 31-Dec-23 | 1,978.58 | 3,434.86 | 284.72 | 1,187.51 | 800.61 | 642.66 |
Objective of Slone Infosystems IPO Issue
- Capital Expenditure towards purchase of Laptops, Desktops, SSD and RAM.
- Repayment/prepayment of certain borrowings availed by the Company; and
- General Corporate Purpose
Slone Infosystems IPO Basic Details
| IPO Date | May 3, 2024 to May 7, 2024 |
| Listing Date | Friday, May 10, 2024 |
| Face Value | ₹10 per share |
| Price | ₹79 per share |
| Lot Size | 1600 Shares |
| Issue Size | 1,400,000 shares of ₹10 (aggregating up to ₹11.06 Cr) |
| Fresh Issue | 1,400,000 shares of ₹10 (aggregating up to ₹11.06 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 3,869,013 |
| Share holding post issue | 5,269,013 |
| Company Promoters | Mr. Rajesh Srichand Khanna, Mrs. Manisha Rajesh Khanna, Mr. Mohit Rajesh Khanna |
Slone Infosystems IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Slone Infosystems IPO Timetable
Slone Infosystems IPO will open on May 3, 2024 and close on May 7, 2024. You can join Slone Infosystems IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 3 May 2024 (Friday) |
| Closing Date | 7 May 2024 (Tuesday) |
| Basis of Allotment | 8 May 2024 (Wednesday) |
| Initiation of Refunds | 9 May 2024 (Thursday) |
| Credit of Shares to Demat | 9 May 2024 (Thursday) |
| Listing Date | 10 May 2024 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 7 May 2024 |
Slone Infosystems IPO Lot Size
For retail investors in Slone Infosystems IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹126,400. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹126,400.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹126,400 |
| Retail (Max) | 1 | 1600 | ₹126,400 |
| S-HNI (Min) | 2 | 3200 | ₹252,800 |
Slone Infosystems IPO Promoter Holding
The company’s promoters include Mr. Rajesh Srichand Khanna, Mrs. Manisha Rajesh Khanna, Mr. Mohit Rajesh Khanna.
| Pre Issue Share Holding | 99.43% |
| Post Issue Share Holding | 73.01% |
Slone Infosystems Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Earning Per Share (EPS) | ₹4.05 per Equity Share |
| Post P/E Ratio (P/E) (x) | 19.51 |
| P/E Ratio (P/E) (x) | 5.82 |
| Return on Net Worth (RoNW) (%) | 23.98 |
| Return on equity (ROE) (%) | 74 |
| Return on Capital Employed (ROCE) (%) | 34.44 |
| Debt/Equity Ratio | 0.33 |
Slone Infosystems IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹50 | – | – |
| 1 May 2024 | ₹50 | – | – |
Slone Infosystems IPO Detail Video:
Slone Infosystems IPO Subscription Status (Bidding Detail)
The Slone Infosystems IPO on May 7, 2024 at 7:02:00 PM was subscribed 667.81 times, with the retail category being subscribed 540.80 times, the other category being subscribed 756.88 times.
| Category | Subscription |
| Other | 756.88x |
| Retail | 540.80x |
| Total | 667.81x |
Slone Infosystems IPO Prospectus
Slone Infosystems IPO Rating
| Our Rating | 2.5/5.0 |
Slone Infosystems Company Contact Information
Slone Infosystems Limited
Corporate Identity Number (CIN) of the Company is U72900MH2022PLC396387.
Regd. Office: Office 203, 2nd Floor, Mohini Heights CHS LTD, 5th Road, Khar West Behind Rajasthan Hotel, Khar Delivery, Mumbai-400052, Maharashtra
Corporate Office: Ground Floor, Mohini Heights CHS LTD, 5th Road Khar West Behind Rajasthan Hotel, Khar Delivery, Mumbai-400052, Maharashtra
Tel No.: 9820324640/9892073899
E-mail: cs@sloneinfosystems.com
Website: www.sloneinfosystems.com
Contact Person: Ms. Riya Jain, Company Secretary & Compliance Officer
Promoters: Mr. Rajesh Srichand Khanna, Mrs. Manisha Rajesh Khanna and Mr. Mohit Rajesh Khanna
Slone Infosystems IPO Registrar
Kfin Technologies Limited
CIN: L72400TG2017PLC117649
Registered Office: Selenium, Tower B, Plot No 31 and 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Telangana, 500032
Tel No.: +91 40 6716 2222/18003094001
E-mail: sil.ipo@kfintech.com
Investor Grievance Email: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: Mr. M.Murali Krishna
SEBI Registration No.: INR000000221
Slone Infosystems IPO Lead Manager
Jawa Capital Services Private Limited
CIN: U74140DL2005PTC137680
Registered Office: Plot No. 93, First Floor, Pocket 2, Near DAV School, Jasola, New Delhi- 110025
Tel No.: +91-11-47366600; E-mail: mbd@jawacapital.in
Investor Grievance Email: investorsrelation@jawacapital.in
Website: www.jawacapital.in
Contact Person: Ms. Archana Sharma
SEBI Registration No.: MB/INM000012777
Slone Infosystems IPO FAQs
What is the lot size of Slone Infosystems IPO?
The total size of Slone Infosystems IPO is ₹11.06 crores and this is a complete fresh Issue.
When will Slone Infosystems IPO start?
Slone Infosystems IPO will open from 3 May 2024 and IPO will close on 7 May 2024.
What is the open date of Slone Infosystems IPO?
Slone Infosystems IPO will open date from 3 May 2024.
What is the last date ( close date ) of Slone Infosystems IPO?
Slone Infosystems IPO will close from 7 May 2024.
What is the price band of Slone Infosystems IPO?
Slone Infosystems IPO price band is ₹79.
What is the minimum amount required to apply for Slone Infosystems IPO?
The minimum investment for retailers to apply for Slone Infosystems IPO is ₹126,400 and the maximum investment is ₹126,400.
What is going on gray market premium of Slone Infosystems IPO?
View gray market premium of Slone Infosystems IPO by Clicking Here
How much is the GMP of Slone Infosystems IPO?
Watch Slone Infosystems IPO GMP Today: Click Here
What is the allotment date of Slone Infosystems IPO?
The allotment date of Slone Infosystems IPO is 8 May 2024.
How to check allotment status in Slone Infosystems IPO?
To check the allotment status of Slone Infosystems IPO, first of all go to the registrar website by clicking here, select your bad Slone Infosystems IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Slone Infosystems IPO?
The listing date of Slone Infosystems IPO is 10 May 2024.
How much will be the listing gain in Slone Infosystems IPO?
View listing gain of Slone Infosystems IPO by Clicking Here
How much time Slone Infosystems IPO is subscribed?
Total 667.81 times subscribed in Slone Infosystems IPO out of which 540.80 times subscription was done in retail quota, 756.88 times subscription in other quota.
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