Slone Infosystems Limited IPO
Slone Infosystems Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹79 per share. The stock debuted at ₹118.5, delivering a listing gain of 50.0%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,26,400.
Slone Infosystems Limited IPO
- IPO Dates
- May 3, 2024 – May 7, 2024
- Price band
- ₹79 per equity share
- Minimum Investment
- ₹1,26,400
- Issue size
- ₹11.06 Cr
- Lot size
- 1600
- Allotment Date
- May 8, 2024
- Listing
- May 10, 2024
- Listing At
- NSE SME
IPO timeline
-
May 3, 2024
Open Date
Completed
-
May 7, 2024
Close Date
Completed
-
May 8, 2024
Allotment Date
Completed
-
May 10, 2024
Listing Date
Completed
Slone Infosystems Limited IPO Essentials
Slone Infosystems Limited IPO Details
Slone Infosystems Limited IPO is priced at ₹79 per share with a total issue size of 11.06 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹79 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,400,000 shares(aggregating up to ₹11.06 Cr)
- Total issue size
- 14,00,000 shares
(aggregating up to ₹11.06 crore) - Fresh issue
- 14,00,000 shares
(aggregating up to ₹11.06 crore) - Listing at
- NSE SME
- List price
- 118.5
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Jawa Capital Services Private Limited
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,26,400 |
| Retail(max) | 1 | 1600 | ₹1,26,400 |
| NII (min) | 2 | 3,200 | ₹2,52,800 |
Slone Infosystems Limited IPO Reservation
Slone Infosystems Limited IPO reservation details show category-wise allocation of shares. Out of the total 1,400,000 shares, approximately 47.54% for retail investors, and 5.03% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 70,400 (5.03%) | |
| Retail Shares Offered | 665,600 (47.54%) | |
| Total Shares Offered | 1,400,000 (100%) |
Slone Infosystems Limited IPO Analytics
Slone Infosystems Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Slone Infosystems Limited IPO Subscription Status
Slone Infosystems 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 | 664,000 | 665,600 | 1,329,600 |
|
Day 1
03-05-24 06:00 PM
|
(7.00) x | 33.13 x | 20.08 x |
|
Day 2
06-05-24 06:00 PM
|
(27.64) x | 126.20 x | 76.98 x |
|
Day 3
07-05-24 06:00 PM
|
(756.99) x | 540.80 x | 648.77 x |
Slone Infosystems Limited Valuations
Earnings
- EPS Pre IPO
- ₹1.93/-
- EPS Post IPO
- ₹7.20/-
- P/E Pre IPO
- 40.94
- P/E Post IPO
- 10.96
Returns
- ROE
- 74%
- ROCE
- 34.44%
- RoNW
- 23.98%
Fundamentals
- Debt / Equity
- 0.33
- Price / Book
- 2.57
Slone Infosystems Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 1,190.71 | 1,167.37 | 929.41 |
| Revenue | 3,077.40 | 2,659.14 | 1,157.44 |
| Profit After Tax | 74.66 | 38.31 | 27.54 |
Slone Infosystems Limited Company & Offer Insights
About Slone Infosystems Limited
Incorporated in December 2022, Slone Infosystems Limited is an Indian company providing IT hardware solutions. In the business, it sells and rents various IT equipment, like laptops, desktops, servers, and workstations. Besides, it offers services in IT solution to its corporate clients, including managing cloud servers and IT equipment servicing.
Segments of the Company's Business
Sale of Laptop, Computer & Computer Peripherals
Sale of other IT related products
IT Service solutions; and
Rental Services
The Company is ISO certified in OH&S, Information Security, Environmental Management, and Quality Management Systems.
As of April 2024, the company has 8 employees on payroll and six contractual employees.
Slone Infosystems Limited Promoter(s)
Mr. Rajesh Srichand Khanna, Mrs. Manisha Rajesh Khanna, Mr. Mohit Rajesh Khanna are the company's promoters of Slone Infosystems Limited.
Slone Infosystems Limited IPO Issue Objectives
- •
- Capital Expenditure towards purchase of Laptops, Desktops, SSD and RAM
- •
- Repayment/prepayment of certain borrowings availed by the Company
- •
- General Corporate Purpose
Slone Infosystems Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Slone Infosystems Limited | 4.05 | 4.05 | N/A | 19.51 | 35.47 | N/A | Standalone |
| Brisk Technovision Ltd | 9.24 | 9.24 | N/A | 14.61 | 38.62 | N/A | Standalone |
| Benchmark Computer Solutions Ltd | 1959.31 | 1959.31 | N/A | 0.03 | 15.2 | N/A | Standalone |
Notes:
- P/E Ratio has been computed based on the closing market price of equity shares on BSE on April 23, 2024, divided by the Basic EPS as at March 31, 2023.
- Return on Net Worth (%) = Net profit after tax divided by net worth. Net worth has been computed as the aggregate of share capital and reserves and surplus/Other Equity as on March 31, 2023.
- NAV is computed as the closing net worth as on March 31, 2023 divided by the outstanding number of equity shares as on March 31, 2023.
Contact Information
Contact Details
Slone Infosystems Limited
9820324640
http://www.sloneinfosystems.com/
Office 203, 2nd Floor, Mohini Heights CHS LTD, 5th Road Khar West Behind Rajasthan Hotel, Khar Delivery, Mumbai-400052
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Slone Infosystems Limited IPO is a Fixed Priced IPO worth ₹11.06 crore. The issue price is ₹79 per share (fixed price). The IPO opens on May 3, 2024 and closes on May 7, 2024. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The issue price of Slone Infosystems Limited IPO is ₹79 per share (fixed price).
The lot size of Slone Infosystems Limited IPO is 1600 shares.
The minimum investment for Slone Infosystems Limited IPO is approximately ₹1,26,400 based on the issue price .
Slone Infosystems Limited IPO opens on May 3, 2024 and closes on May 7, 2024.
The allotment date of Slone Infosystems Limited IPO is May 8, 2024.
Slone Infosystems Limited IPO is expected to be listed on May 10, 2024, on NSE SME Platform.
Slone Infosystems Limited IPO valuation snapshot: P/E 10.96, EPS ₹7.20/-, P/B 2.57, RoNW 23.98%, and market cap N/A.
To apply for Slone Infosystems 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 Slone Infosystems 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 Slone Infosystems Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Slone Infosystems Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Slone Infosystems Limited IPO allotment status on IPO Ji for quick and easy access.