Silicon Rental Solutions Limited IPO

Silicon Rental Solutions Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹78 per share. The stock debuted at ₹80, delivering a listing gain of 2.6%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,24,800.

Silicon Rental Solutions Limited IPO

BSE SME Listed
₹1,24,800 (1600 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 28, 2022 – Sep 30, 2022
Price band
₹78 per equity share
Minimum Investment
₹1,24,800
Issue size
2,712,000 shares of ₹10(aggregating up to ₹21.15 Cr) Fresh Issue : 2,712,000 shares of ₹10(aggregating up to ₹21.15 Cr)
Lot size
1600
Allotment Date
Oct 6, 2022
Listing
Oct 10, 2022
Listing At
BSE SME

IPO timeline

  1. Sep 28, 2022

    Open Date

    Completed

  2. Sep 30, 2022

    Close Date

    Completed

  3. Oct 6, 2022

    Allotment Date

    Completed

  4. Oct 10, 2022

    Listing Date

    Completed

Silicon Rental Solutions Limited IPO Essentials

Silicon Rental Solutions Limited IPO Details

Silicon Rental Solutions Limited IPO is priced at ₹78 per share with a total issue size of 2,712,000 shares of ₹10(aggregating up to ₹21.15 Cr) Fresh Issue : 2,712,000 shares of ₹10(aggregating up to ₹21.15 Cr). The IPO has a lot size of 1600 shares and is listed on BSE SME.

Issue price
₹78 per equity share
Lot size
1600 shares
Face value
₹10 Per Equity Share
Issue size
2,712,000 shares of ₹10(aggregating up to ₹21.15 Cr)

Fresh Issue : 2,712,000 shares of ₹10(aggregating up to ₹21.15 Cr)
Listing at
BSE SME
List price
80.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Hem Securities Limited

Silicon Rental Solutions Limited IPO Details

  • Retail Portion N/A

Silicon Rental Solutions Limited IPO Documents

Silicon Rental Solutions Limited IPO Analytics

Silicon Rental Solutions Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Silicon Rental Solutions Limited IPO Subscription Status

Silicon Rental Solutions Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 1,288,000 1,288,000 2,576,000
Day 1 28-09-22 06:00 PM
(0.26) x 0.28 x 0.27 x
Day 2 29-09-22 06:00 PM
(0.86) x 0.93 x 0.90 x
Day 3 30-09-22 06:00 PM
(2.85) x 2.92 x 2.89 x

Silicon Rental Solutions Limited Valuations

Earnings

EPS (Post IPO)
₹12.48/-

Returns

RoNW
43.95%

Data sourced from DRHP / RHP • For educational purposes only

Silicon Rental Solutions Limited Financials( In Lakhs)

31-Mar-22 31-Mar-21 31-Mar-20
Assets 4172.4 2236.45 1762.25
Revenue 2467.91 1375.65 1227.85
Profit After Tax 746.54 270.39 215.5

Silicon Rental Solutions Limited Company & Offer Insights

About Silicon Rental Solutions Limited

Incorporated in 2016, Silicon Rentals Solutions Limited is an IT equipment outsourcing company, engaged in providing end-to-end IT equipment on a rental and returnable basis in India. The company provides laptops, desktops, printers, servers and other peripherals like CCTV cameras, projectors, storage devices, etc., mainly to small, medium and large corporate.
The company supports enterprises by providing them with the required IT products and equipment of major brands for a short period ranging from 1 day to a longer period up to 36 months based on the customer requirements.
The company provides IT renting services to the client base present in almost 16 states and 3 Union Territories across India. Silicon Rentals Solutions also has a trained and dedicated team of engineers who are capable of providing the support and maintenance of the hired equipment.
The company has a registered office located in Mumbai and Branch offices in Pune, New Delhi and Kolkata.

Silicon Rental Solutions Limited Promoter(s)

Sanjay Harish Motiani, Kanchan Sanjay Motiani, Anushka Sanjay Motiani, Nikhil Sanjay Motiani are the company's promoters of Silicon Rental Solutions Limited.

Silicon Rental Solutions Limited IPO Issue Objectives

To meet Capital Expenditure requirements relating to IT equipment
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
General Corporate Purpose
Issue expenses

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Silicon Rental Solutions Limited IPO is a Fixed Priced IPO worth ₹2,712,000 shares of ₹10(aggregating up to ₹21.15 Cr) Fresh Issue : 2,712,000 shares of ₹10(aggregating up to ₹21.15 Cr). The issue price is ₹78 per share (fixed price). The IPO opens on Sep 28, 2022 and closes on Sep 30, 2022. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The issue price of Silicon Rental Solutions Limited IPO is ₹78 per share (fixed price).

The lot size of Silicon Rental Solutions Limited IPO is 1600 shares.

The minimum investment for Silicon Rental Solutions Limited IPO is approximately ₹1,24,800 based on the issue price .

Silicon Rental Solutions Limited IPO opens on Sep 28, 2022 and closes on Sep 30, 2022.

The allotment date of Silicon Rental Solutions Limited IPO is Oct 6, 2022.

Silicon Rental Solutions Limited IPO is expected to be listed on Oct 10, 2022, on BSE SME Platform.

Silicon Rental Solutions Limited IPO valuation snapshot: P/E N/A, EPS ₹12.48/-, P/B N/A, RoNW 43.95%, and market cap N/A.

To apply for Silicon Rental Solutions Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Silicon Rental Solutions Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Silicon Rental Solutions Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Silicon Rental Solutions Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Silicon Rental Solutions Limited IPO allotment status on IPO Ji for quick and easy access.