Last updated on October 10, 2022
Silicon Rental Solutions IPO description – The company is an IT equipment outsourcing company. It is engaged in providing end-to-end IT equipment on a rental and returnable basis in India. It provides laptops, desktops, printers, servers and other peripherals like CCTV cameras, projectors, storage devices, etc., mainly to small, medium and large corporates.
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 of 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. It is also providing the support and maintenance of the hired equipment.
Promoters of Silicon Rental Solutions – Mr. Sanjay Harish Motiani, Kanchan Sanjay Motiani, Ms. Anushka Sanjay Motiani, Nikhil Sanjay Motiani
Silicon Rental Solutions IPO Details
| Silicon Rental Solutions IPO Dates | 28 – 30 September 2022 |
| Silicon Rental Solutions IPO Price | INR 78 per share |
| Fresh issue | 27,12,000 shares (INR 21.15 crore) |
| Offer For Sale | Nil |
| Total IPO size | 27,12,000 shares (INR 21.15 crore) |
| Minimum bid (lot size) | 1,600 share (INR 1,24,800) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Silicon Rental Solutions Financial Performance
| Â | FY2020 | FY2021 | FY2022 |
| Revenue | 1,227.85 | 1,375.65 | 2,467.91 |
| Expenses | 947.58 | 1,009.72 | 1,468.49 |
| Net income | 215.50 | 270.39 | 746.54 |
Silicon Rental Solutions Offer News
Silicon Rental Solutions Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 3.80 | 4.76 | 12.48 |
| PE ratio | – | – | 6.25 |
| RONW (%) | 36.99 | 31.70 | 43.95 |
| NAV | 10.26 | 15.03 | 28.40 |
| Debt/Equity ratio | 0.62 | 0.64 | 0.98 |
| ROCE (%) | 29.68 | 26.53 | 30.80 |
Silicon Rental Solutions IPO GMP Daily Trend
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 4 Oct 2022 | – | – | – |
| 3 Oct 2022 | – | – | 5,000 |
| 1 Oct 2022 | – | – | 6,000 |
| 30 Sep 2022 | – | – | 7,000 |
| 29 Sep 2022 | – | – | 10,000 |
| 28 Sep 2022 | – | 9,000 | |
| 27 Sep 2022 | – | 10,000 | |
| 26 Sep 2022 | – | 10,000 | |
| 24 Sep 2022 | – | 10,000 |
Silicon Rental Solutions IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 1,288,000 | 1,288,000 | 2,576,000 |
| Day 1 | 0.26 | 0.28 | 0.27 |
| Day 2 | 0.86 | 0.93 | 0.90 |
| Day 3 | 2.85 | 2.92 | 2.89 |
| Last updated on 30 Sep 2022 | 06:59:23 PM |
Silicon Rental Solutions Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email: [email protected]
Website: www.hemsecurities.com
Silicon Rental Solutions Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6 – 2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Cave Road, Andheri (East),
Mumbai – 400093, Maharashtra
Phone: +91 22 6263 8200
E-mail:Â [email protected]
Website:Â www.bigshareonline.com
Silicon Rental Solutions Contact Details
SILICON RENTAL SOLUTIONS LIMITED
5, Mohini Heights, Ground Floor, Plot No.
579/580, 5th Road, Khar (West), Mumbai,
Maharashtra – 400052, India
Phone: +91-22-2605-1930
Email: [email protected]
Website: www.silicongroup1.com
Silicon Rental Solutions IPO Allotment Status
Silicon Rental Solutions IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Silicon Rental Solutions IPO Timetable
| Silicon Rental IPO Opening Date | 28 September 2022 |
| Silicon Rental IPO Closing Date | 30 September 2022 |
| Finalisation of Basis of Allotment | 6 October 2022 |
| Initiation of refunds | 7 October 2022 |
| Transfer of shares to demat accounts | 10 October 2022 |
| Silicon Rental IPO Listing Date | 11 October 2022 |
| Opening Price on BSE SME | INR80 per share (up 2.56%) |
| Closing Price on BSE SME | Coming soon |
Silicon Rental Solutions IPO FAQs
What is Silicon Rental Solutions offer size?
Silicon Rental Solutions offer size is INR 21.15 crore.
What is Silicon Rental Solutions IPO Price Band?
Silicon Rental Solutions public offer price is INR 78 per share.
What is the lot size of Silicon Rental Solutions IPO?
Silicon Rental Solutions offer lot size is 1,600 shares.
What is Silicon Rental Solutions IPO GMP today?
Silicon Rental Solutions IPO GMP today is INR NA per share.
What is Silicon Rental Solutions kostak rate today?
Silicon Rental Solutions kostak rate today is INR NA per application.
What is Silicon Rental Solutions Subject to Sauda rate today?
Silicon Rental Solutions Subject to Sauda rate today is INR NA per application.
