Slone Infosystems Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

03 May 2024

Close Date

07 May 2024

Allotment

08 May 2024

Listing Date

10 May 2024

Exchange

NSE SME

Price Band

₹79

Listing Price

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Allotment Status

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Price Band

₹79

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

14,00,000 shares (aggregating up to ₹11.06 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹126,400

1 lot

Pre-IPO Holding

38,69,013 shares

Promoters

Post-IPO Holding

52,69,013 shares

Promoters

P/E (Pre)

40.94x

P/E (Post)

10.96x

EPS (Pre)

₹1.93

EPS (Post)

₹7.20

UPI Deadline

2024-05-07

Mandate

Anchor AllotmentThu, 02 May 2024

Basis of AllotmentWed, 08 May 2024

Refund InitiationThu, 09 May 2024

Demat CreditThu, 09 May 2024

Listing DayFri, 10 May 2024

UPI Mandate Deadline2024-05-07

Sale TypeFresh Capital

Net Offer to Public13,29,600 shares (aggregating up to ₹10.50 Cr)

Market Maker Quota70,400 shares (aggregating up to ₹0.5562 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Slone Infosystems Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 07 May 2024.

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	70,400	—	₹0.56
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,400,000	100%	₹11.06

IPO Shares Offered

Slone Infosystems Ltd. IPO total issue size: ₹11.06 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	70,400	₹0.56	5.03%
Total	1,400,000	₹11.06	100.00%

* Based on upper price band ₹79 per share

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹79.00

Upper Band

Min Investment

₹126,400

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹252,800
Retail (Max — 13 Lots)	13	20,800	₹1,643,200
S-HNI (Min — 14 Lots)	14	22,400	₹1,769,600
B-HNI (Min — 68 Lots)	68	108,800	₹8,595,200

* Issue Price ₹79 × Lot Size 1,600 shares

IPO Schedule

Anchor

02 May 2024

✓ Done

IPO Open

03 May 2024

✓ Done

IPO Close

07 May 2024

✓ Done

Allotment

08 May 2024

✓ Done

Refunds

09 May 2024

✓ Done

Demat Credit

09 May 2024

✓ Done

Listing Day

10 May 2024

✓ Done

₹79.00

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Issue ₹79.00 Live Price

About Slone Infosystems Ltd.

ncorporated 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 segmentsSale of Laptop, Computer & Computer PeripheralsSale of other IT related productsIT Service solutions; andRental ServicesThe 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.

Objects of the Issue

Capital Expenditure towards purchase of Laptops, Desktops, SSD and RAM.

Repayment/prepayment of certain borrowings availed by the Company; and

General Corporate Purpose

Slone Infosystems Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹2,659.1

31 Mar 2022

₹3,077.4

31 Mar 2023

₹3,434.9

31 Dec 2023

Profit After Tax (PAT)

₹38.3

31 Mar 2022

₹74.7

31 Mar 2023

₹284.7

31 Dec 2023

Particulars	31 Dec 2023	31 Mar 2023	31 Mar 2022
Revenue from Operations	3434.86	3077.40	2659.14
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	284.72	74.66	38.31
Net Worth	1187.51	210.49	228.70
Total Assets	1978.58	1190.71	1167.37
Reserves & Surplus	800.61	25.94	N/A
Borrowings	642.66	681.53	921.15
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

P/BV Ratio

2.57

RoE

74%

RoCE

34.44%

RoNW

23.98%

Debt/Equity

0.33

Issue Structure & Shareholding

Total Shares Offered14,00,000 (100.00%)

Net Offer to Public13,29,600 shares (aggregating up to ₹10.50 Cr)

Reserved for Market Maker70,400 shares (aggregating up to ₹0.5562 Cr)

Pre-Issue Promoter Holding38,69,013 shares

Post-Issue Promoter Holding52,69,013 shares

P/BV Ratio2.57

RoE74%

RoCE34.44%

Debt / Equity0.33

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd

04067162222, 04079611000

sil.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Jawa Capital Services Pvt.Ltd

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

IPO Subscription FAQs

How much Slone Infosystems Ltd. IPO subscribed? ▲

Slone Infosystems Ltd. IPO is subscribed 1.00 times by May 07, 2024. 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 Slone Infosystems Ltd. IPO retail subscription status? ▼

The Slone Infosystems Ltd. IPO retail category is subscribed 1.00 times as of 07 May 2024. The retail portion is oversubscribed.

How to subscribe Slone Infosystems Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 03 May 2024 and closes 07 May 2024. Min investment: ₹126,400 (1 lot = 1,600 shares). UPI mandate: 2024-05-07.

How many times Slone Infosystems Ltd. IPO subscribed? ▼

The Slone Infosystems Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Slone Infosystems Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 08 May 2024. Refunds: on 09 May 2024.

When Slone Infosystems Ltd. IPO will be listed? ▼

The Slone Infosystems Ltd. IPO listing date is 10 May 2024, Friday. Listed on: NSE SME. Issue price: ₹79. Estimated listing: ₹79. GMP: NIL.

When Slone Infosystems Ltd. IPO close? ▼

The Slone Infosystems Ltd. IPO closes on 07 May 2024, Tuesday. UPI mandate: 2024-05-07. Allotment: 08 May 2024. Listing: 10 May 2024.

Quick Actions

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Live Price LIVE

Last Price₹79.00

Change—

Issue Price₹79.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹79

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹126,400

GMPNIL

Est. Listing₹79

Subscribed1.00x

Open Date03 May 2024

Close Date07 May 2024

Allotment08 May 2024

Listing Date10 May 2024

ExchangeNSE SME

UPI Deadline2024-05-07