Silicon Rental Solutions Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

28 Sep 2022

Close Date

30 Sep 2022

Allotment

06 Oct 2022

Listing Date

10 Oct 2022

Exchange

BSE SME

Price Band

₹78

Listing Price

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Allotment Status

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Price Band

₹78

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

27,12,000 shares (aggregating up to ₹21.15 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹124,800

1 lot

Pre-IPO Holding

75,60,000 shares

Promoters

Post-IPO Holding

1,02,72,000 shares

Promoters

P/E (Pre)

10.73x

UPI Deadline

2022-09-30

Mandate

Anchor AllotmentTue, 27 Sep 2022

Basis of AllotmentThu, 06 Oct 2022

Refund InitiationFri, 07 Oct 2022

Demat CreditMon, 10 Oct 2022

Listing DayMon, 10 Oct 2022

UPI Mandate Deadline2022-09-30

Sale TypeFresh Capital

Net Offer to Public25,76,000 shares (aggregating up to ₹20.09 Cr)

Market Maker Quota1,36,000 shares (aggregating up to ₹1.06 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Silicon Rental Solutions Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Sep 2022.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	136,000	—	₹1.06
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,712,000	100%	₹21.15

IPO Shares Offered

Silicon Rental Solutions Ltd. IPO total issue size: ₹21.15 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	136,000	₹1.06	5.01%
Total	2,712,000	₹21.15	100.00%

* Based on upper price band ₹78 per share

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹78.00

Upper Band

Min Investment

₹124,800

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹249,600
Retail (Max — 13 Lots)	13	20,800	₹1,622,400
S-HNI (Min — 14 Lots)	14	22,400	₹1,747,200
B-HNI (Min — 68 Lots)	68	108,800	₹8,486,400

* Issue Price ₹78 × Lot Size 1,600 shares

IPO Schedule

Anchor

27 Sep 2022

✓ Done

IPO Open

28 Sep 2022

✓ Done

IPO Close

30 Sep 2022

✓ Done

Allotment

06 Oct 2022

✓ Done

Refunds

07 Oct 2022

✓ Done

Demat Credit

10 Oct 2022

✓ Done

Listing Day

10 Oct 2022

✓ Done

₹78.00

INR · BSE

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Issue ₹78.00 Live Price

About Silicon Rental Solutions Ltd.

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.

Objects of the Issue

1 To meet Capital Expenditure requirements relating to IT equipments

2 Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company

3 General Corporate Purpose

Silicon Rental Solutions Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹2,467.9

31-Mar-22

₹1,375.7

31-Mar-21

₹1,227.9

31-Mar-20

Profit After Tax (PAT)

₹746.5

31-Mar-22

₹270.4

31-Mar-21

₹215.5

31-Mar-20

Particulars	31-Mar-20	31-Mar-21	31-Mar-22
Revenue from Operations	1227.85	1375.65	2467.91
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	215.50	270.39	746.54
Net Worth	N/A	N/A	N/A
Total Assets	1762.25	2236.45	4172.40
Reserves & Surplus	581.54	851.93	1598.47
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered27,12,000 (100.00%)

Net Offer to Public25,76,000 shares (aggregating up to ₹20.09 Cr)

Reserved for Market Maker1,36,000 shares (aggregating up to ₹1.06 Cr)

Pre-Issue Promoter Holding75,60,000 shares

Post-Issue Promoter Holding1,02,72,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Hem Securities Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Silicon Rental Solutions Ltd. IPO subscribed? ▲

Silicon Rental Solutions Ltd. IPO is subscribed 1.00 times by Sep 30, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Silicon Rental Solutions Ltd. IPO retail subscription status? ▼

The Silicon Rental Solutions Ltd. IPO retail category is subscribed 1.00 times as of 30 Sep 2022. The retail portion is oversubscribed.

How to subscribe Silicon Rental Solutions Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 28 Sep 2022 and closes 30 Sep 2022. Min investment: ₹124,800 (1 lot = 1,600 shares). UPI mandate: 2022-09-30.

How many times Silicon Rental Solutions Ltd. IPO subscribed? ▼

The Silicon Rental Solutions Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Silicon Rental Solutions Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 06 Oct 2022. Refunds: on 07 Oct 2022.

When Silicon Rental Solutions Ltd. IPO will be listed? ▼

The Silicon Rental Solutions Ltd. IPO listing date is 10 Oct 2022, Monday. Listed on: BSE SME. Issue price: ₹78. Estimated listing: ₹78. GMP: NIL.

When Silicon Rental Solutions Ltd. IPO close? ▼

The Silicon Rental Solutions Ltd. IPO closes on 30 Sep 2022, Friday. UPI mandate: 2022-09-30. Allotment: 06 Oct 2022. Listing: 10 Oct 2022.

Quick Actions

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Live Price LIVE

Last Price₹78.00

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Issue Price₹78.00

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Quick Summary

StatusListed

Issue Price₹78

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹124,800

GMPNIL

Est. Listing₹78

Subscribed1.00x

Open Date28 Sep 2022

Close Date30 Sep 2022

Allotment06 Oct 2022

Listing Date10 Oct 2022

ExchangeBSE SME

UPI Deadline2022-09-30