The Slone Infosystems IPO started on May 3, 2024, and ended on May 7, 2024. Shares were allocated on May 8, 2024, and refund processes began on May 9, 2024. On May 9, 2024, the shares were credited to investors demat accounts. Slone Infosystems was officially listed on the stock exchange on May 10, 2024.
During the IPO, Slone Infosystems offered shares at a price range of ₹79 per share, and the lot size was 1600 shares. The total issue size was ₹11.06 crores, with ₹11.06 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Slone Infosystems IPO Subscription Update Video
Slone Infosystems IPO Subscription Status
The Slone Infosystems IPO on May 7, 2024 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 Basic Details
| Company Name | Slone Infosystems Limited |
| Domain of Company | IT hardware solutions |
| Slone Infosystems IPO Open Date | May 3, 2024 |
| Slone Infosystems IPO Close Date | May 7, 2024 |
| Slone Infosystems IPO Allotment Date | May 8, 2024 |
| Slone Infosystems IPO Listing Date | 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 |
| Company Promoters | Mr. Rajesh Srichand Khanna, Mrs. Manisha Rajesh Khanna, Mr. Mohit Rajesh Khanna |
About Slone Infosystems Limited
Established in December 2022, Slone Infosystems Limited is an Indian firm specializing in IT hardware solutions. Our offerings include a variety of IT equipment like laptops, desktops, servers, and workstations, available for sale or rent. We also provide IT services to businesses, such as managing cloud servers and servicing IT gear.
We divide our business into these key areas:
- Sale of Laptops, Computers, and Accessories
- Sale of Other IT Products
- IT Service Solutions
- Rental Services
Our company holds ISO certifications for Occupational Health & Safety, Information Security, Environmental Management, and Quality Management Systems.
As of April 2024, we have a dedicated team of 8 employees and six contracted workers.
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Slone Infosystems IPO FAQs
What is the start and end date of Slone Infosystems IPO Subscription?
The Slone Infosystems IPO started on May 3, 2024, and ended on May 7, 2024.
When does Slone Infosystems IPO Subscription open?
The Slone Infosystems IPO open on May 3, 2024.
When does Slone Infosystems IPO Subscription close?
The Slone Infosystems IPO Close on May 7, 2024.
What is the allotment date of Slone Infosystems IPO?
The allotment date for Slone Infosystems IPO is May 8, 2024.
When is the initial refund date of Slone Infosystems IPO?
The initial Refund date for Slone Infosystems IPO is May 9, 2024.
When were the shares credited to investors demat accounts for the Slone Infosystems IPO?
The shares for the Slone Infosystems IPO were credited to investors demat accounts on May 9, 2024.
When will Slone Infosystems IPO be listed on the stock market?
Slone Infosystems IPO stock market will be listed on May 10, 2024 at 10 am.
What was the price range of the Slone Infosystems IPO shares?
The Slone Infosystems IPO shares were offered at a price range of ₹79 per share.
What was the lot size for the Slone Infosystems IPO shares?
The lot size for the Slone Infosystems IPO shares was 1600 shares.
What was the total issue size of the Slone Infosystems IPO?
The total issue size of the Slone Infosystems IPO was ₹11.06 crores.
How were the shares allocated among different types of investors for the Slone Infosystems IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Slone Infosystems IPO listed?
The Slone Infosystems IPO was listed on the NSE SME.
What is the Slone Infosystems IPO Subscription Status?
Slone Infosystems IPO is subscribed 667.81 Times.
