Slone Infosystems Limited IPO

Price
₹79
Lot
1600
Subs.
667.81
Expected Listing Earning

Exp. Premium(GMP):
70.00(88.61%)
IPO Details

Open Date: 03-May-2024
Close Date: 07-May-2024
Allotment Date: 08-May-2024
Listing Date: 10-May-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹79 Per Equity Share
Issue Size: Total Issue Size 1,400,000 shares (aggregating up to ₹11.06 Cr) : Fresh Issue 1,400,000 shares (aggregating up to ₹11.06 Cr)
Market Lot (Min Amount): Retail - ₹126,400 : HNI - ₹252,800
Subscription Details Updated at End of the Day

As on

Others

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Total

Shares Offered/Reserved664,000665,6001,329,600
Day 1 - 03-05-24 
05:00 PM
7.15x34.09x20.68x
Day 2 - 06-05-24 
05:00 PM
27.71x128.31x78.14x
Day 3 - 07-05-24 
05:00 PM
756.88x540.80x667.81x
Total No. of Application:224,973 (Approx.)
Retail Subscription on the basis of Apps:540.80x
Valuations

Earning Per Share(EPS)13.58/-
P/E Ratio5.82
RoNW23.98%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Dec,20231,978.583,434.86284.72
31 Mar,20231,190.713,077.4074.66
31 Mar,20221,167.372,659.1438.31
31 Mar,2021929.411,157.4427.54
Promoter(s)

Pre Issue Share Holding99.43%
Post Issue Share Holding73.01%
Company Promoter(s)
1. Mr. Rajesh Srichand Khanna
2. Mrs. Manisha Rajesh Khanna
3. Mr. Mohit Rajesh Khanna
Issue Objective(s)

The objects of the present issue of Equity Shares are:

  1. Capital Expenditure towards purchase of Laptops, Desktops, SSD and RAM.
  2. Repayment/prepayment of certain borrowings availed by the Company; and
  3. General Corporate Purpose
About Company

Incorporated in December 2022, Slone Infosystems Limited is an Indian company that provides IT hardware solutions. It sells and rents various IT equipment, such as laptops, desktops, servers, and workstations. Additionally, it offers IT solution services to corporate clients, including managing cloud servers and servicing IT equipment. 

The company's business can be divided into the following segments

  1. Sale of Laptop, Computer & Computer Peripherals
  2. Sale of other IT related products
  3. IT Service solutions; and
  4. Rental Services

The Company is ISO certified for OH&S, Information Security, Environmental Management, and Quality Management Systems.

As of April 2024, the company has 8 employees on its payroll and six contractual employees.

Disclaimer

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Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

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