Slone Infosystems IPO description – Incorporated in 2022, Slone Infosystems is an IT hardware solutions company specializing in selling and renting IT equipment and providing IT service solutions in India. The company sells and rents IT equipment such as laptops, desktops, servers, and workstations. Additionally, it offers IT solution services such as managing cloud servers and servicing IT equipment for corporate clients.
In addition, the company also sells used IT equipment to clients based on their specific needs. As of 23 February 2024, Slone Infosystems has 8 employees on its payroll and employs 6 contract workers. Slone Infosystems operates in the following segments:
- Sale of laptops, computers, and computer peripherals
- Sale of other IT-related products
- IT service solutions
- Rental services
Slone Infosystems has catered to clients across various industries and sectors, including logistics solutions, BPO, pharmaceuticals, e-commerce, education, IT, insurance, research, media and entertainment, recruitment, VFX and digital solutions, and many others. For fiscal year 2021-22, some of its esteemed customers include Silicon Rental Solutions Limited, Mangal Compusolution Limited, Sidewalk Systems, Cemtrex Labs, Expert Infotech Pvt Limited, and Hindustan Computers.
Promoters of Slone Infosystems – Mr. Rajesh Srichand Khanna, Mrs. Manisha Rajesh Khanna, and Mr. Mohit Rajesh Khanna
Table of Contents
Slone Infosystems Offer Details
| Slone Infosystems IPO Dates | 3 – 7 May 2024 |
| Slone Infosystems Issue Price | INR 79 per share |
| Fresh issue | 1,400,000 shares (INR 11.06 crore) |
| Offer For Sale | NIL |
| Total IPO size | 1,400,000 shares (INR 11.06 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 126,400) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE EMERGE |
Slone Infosystems Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 9M FY 2024 |
| Revenue | 11.00 | 25.79 | 30.22 | 34.07 |
| Expenses | 11.22 | 26.10 | 29.91 | 30.49 |
| Net income | 0.28 | 0.38 | 0.75 | 2.85 |
Slone Infosystems Offer News
- Slone Infosystems RHP
- Slone Infosystems Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Slone Infosystems Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | NA | NA | 4.05 |
| PE ratio | – | – | 19.51 |
| RONW (%) | 14.52 | 16.75 | 35.47 |
| NAV | NA | NA | 11.41 |
| ROCE (%) | 8.76 | 11.76 | 24.71 |
| EBITDA (%) | 7.02 | 5.24 | 6.21 |
| Debt/Equity | NA | NA | 1.30 |
Slone Infosystems IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 9 May 2024 | 70 | – | 85,000 |
| 8 May 2024 | 72 | – | 90,000 |
| 7 May 2024 | 60 | – | 75,000 |
| 6 May 2024 | 57 | – | 71,500 |
| 4 May 2024 | 50 | – | 62,000 |
| 3 May 2024 | 45 | – | 52,000 |
| 2 May 2024 | 38 | – | 45,000 |
| 1 May 2024 | 35 | – | 43,500 |
| 30 April 2024 | 25 | – | 30,000 |
| 29 April 2024 | 17 | – | – |
Slone Infosystems IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 664,000 | 665,600 | 1,329,600 |
| 7 May 2024 | 756.88 | 539.99 | 648.30 |
| 6 May 2024 | 27.64 | 126.20 | 76.98 |
| 3 May 2024 | 7.00 | 33.13 | 20.08 |
The above calculations do not include the market maker reservation portion of 70,400 shares.
Slone Infosystems IPO Allotment Status
Slone Infosystems IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Slone Infosystems IPO Dates & Listing Performance
| IPO Opening Date | 3 May 2024 |
| IPO Closing Date | 7 May 2024 |
| Finalization of Basis of Allotment | 8 May 2024 |
| Initiation of refunds | 9 May 2024 |
| Transfer of shares to demat accounts | 9 May 2024 |
| Slone Infosystems IPO Listing Date | 10 May 2024 |
| Opening Price on NSE SME | INR 118.50 per share (up 50%) |
| Closing Price on NSE SME | INR 112.60 per share (up 42.53%) |
Slone Infosystems Offer Lead Manager
JAWA CAPITAL SERVICES PRIVATE LIMITED
Plot No. 93, First Floor, Pocket 2,
Near DAV School, Jasola, New Delhi- 110025
Phone:+91-11-47366600
Email:Â [email protected]
Website:Â www.jawacapital.in
Slone Infosystems Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222/18003094001
E-mail:Â [email protected]
Website:Â www.kfintech.com
Slone Infosystems IPO Contact Details
SLONE INFOSYSTEMS LIMITED
Ground Floor, Mohini Heights CHS LTD,
5th Road Khar West Behind Rajasthan Hotel,
Khar Delivery, Mumbai-400052, Maharashtra
Phone: 9820324640/9892073899
E-mail: [email protected]
Website: www.sloneinfosystems.com
IPO FAQs
What is the Slone Infosystems offer size?
Slone Infosystems offer size is INR 11.06 crores.
What is the Slone Infosystems offer price band?
Slone Infosystems public offer price is INR 79 per share.
What is the lot size of the Slone Infosystems IPO?
Slone Infosystems offer lot size is 1,600 shares.
What is Slone Infosystems IPO GMP today?
Slone Infosystems IPO GMP today is INR 70 per share.
What is the Slone Infosystems kostak rate today?
Slone Infosystems kostak rate today is INR NA per application.
What is Slone Infosystems Subject to the Sauda rate today?
Slone Infosystems is Subject to the Sauda rate today is INR 85,000 per application.
