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Slone Infosystems SME IPO Details 2024

SME IPO Status: Closed [3rd May 2024 to 7th May 2024]

Rated 3/5 by Team InvestorGain
Slone Infosystems SME IPO Detail

Slone Infosystems IPO, a SME IPO of ₹11.06 Cr opens for subscription from 03-05-2024 to 07-05-2024. The IPO consists of ₹11.06 Cr fresh issue.

The face value is Rs 10 and the price band is fixed at 79.00 per share. You can apply to the Slone Infosystems SME IPO for a minimum lot of 1600 shares amounting of Rs 126400.

The tentative listing date on the exchange (NSE SME) is 10-05-2024.

Stay tuned with us to get more details about Slone Infosystems SME IPO including business overview, financial performance, live subscription status, allotment details, daily grey market premium (GMP), listing date, and listing price.

Slone Infosystems SME IPO Details

SME IPO Issue Opening Date: 3rd May 2024
SME IPO Issue Closing Date: 7th May 2024
SME IPO Issue Price: ₹79.00 Per Share
DRHP: Download DRHP
RHP: Download RHP
IPO Listing At: NSE SME
Retail Quota: 50% of the Net issue
SME IPO Issue Type: Fixed Price Issue
SME IPO Issue Size: ₹11.06 Cr
Fresh Issue: ₹11.06 Cr
Face Value: ₹10 Per Equity Share
SME IPO Discount: TBD
Promoter Holding Pre IPO: 99.43%
Promoter Holding Post IPO: 73.01%

Slone Infosystems SME IPO Important Dates

Get important updates regarding Slone Infosystems SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Slone Infosystems SME IPO dates
SME IPO Activity Date
Basis of Allotment Date* 8th May 2024
Refunds Initiation* 9th May 2024
Credit of Shares to Demat* 9th May 2024
SME IPO Listing Date* 10th May 2024

* - Tentative Dates

Slone Infosystems SME IPO Lots

SME IPO Activity Date
Issue Price ₹79.00
Market Lot: 1600 Shares
1 Lot Amount: ₹126400
Min HNI Lots: 3200 shares (2 lots)

Slone Infosystems IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
08-05-202479.007085100₹149 (88.61%)8-May-2024 19:29
IPO Live GMP
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Slone Infosystems

Slone Infosystems Limited was founded in December 2022. It is an IT hardware solutions company engaged in the business of selling and leasing IT equipment and providing IT service solutions in India. The company sells and leases IT equipment such as laptops, desktops, servers and workstations and also provides IT solution services such as cloud server management and IT equipment maintenance to businesses.

They offer their customers customized solutions for their IT requirements. They procure IT equipment for their customers based on customer requirements and then sell or lease the IT equipment to their customers based on their requirements. They offer flexibility and the advantage of being able to purchase the equipment their customers need to maximize their productivity without straining their IT budget.

The company operates in various segments, namely:

  1. Sale of laptops, computers and computer peripherals.
  2. Sale of other IT related products.
  3. IT service solutions.
  4. Rental service.

Slone Infosystems SME IPO Strengths

  • Broad product range with the ability to offer customized and integrated IT solutions.
  • Broad presence in the domestic market with a diverse customer base.
  • Experienced management and operations team.
  • Strong relationships with customers.
Incorporation Sector IPO Issue Size Website
2022 Computers Hardware & Equipments ₹11.06 Cr http://www.sloneinfosystems.com/

Slone Infosystems SME IPO Objective

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
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Slone Infosystems SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Non-Institutional Investors: 664,000 Shares
  • Retail Individual Investor: 665,600 Shares
IPO Bidding Live Updates from BSE + NSE
Day NIIRIITotal
 # of Shares Offered664,000 (49.94%)665,600 (50.06%)1,329,600
13rd May 2024 19:317.15x34.09x20.68x
26th May 2024 19:3127.71x128.31x78.14x
37th May 2024 18:21756.88x540.80x667.81x

Slone Infosystems Limited Financial Information (Restated)

Slone Infosystems Limited's revenue increased by 15.73% and profit after tax (PAT) rose by 94.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,978.581,190.711,167.37929.41
Revenue3,434.863,077.402,659.141,157.44
Profit After Tax284.7274.6638.3127.54
Net Worth1,187.51210.49228.70189.61
Reserves and Surplus800.6125.94
Total Borrowing642.66681.53921.15726.10
Amount in ₹ Lakhs

Slone Infosystems SME IPO Peer Comparison

The table below show peer comparison from DRHP/RHP.

CompanyEPS BasicEPS DilutedNAVP/E(x)RoNWFinancial statements
Slone Infosystems Limited4.054.0519.5135.47Standalone
Brisk Technovision Ltd9.249.2414.6138.62Standalone
Benchmark Computer Solutions Ltd1959.311959.310.0315.2Standalone

Company Address

Slone Infosystems Limited
Office 203, 2nd Floor, Mohini Heights CHS LTD, 5th Road Khar West Behind Rajasthan Hotel, Khar Delivery
Mumbai,Maharashtra-400052
India
Website: http://www.sloneinfosystems.com/
Phone: 9820324640
Email: [email protected]

Slone Infosystems SME IPO Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000
Email: [email protected]

Slone Infosystems SME IPO Lead Manager

Slone Infosystems SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Slone Infosystems? Should I apply in Slone Infosystems SME IPO?

Last Updated on 08-May-2024 19:32:51

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Slone Infosystems SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Slone Infosystems SME IPO with Zerodha.

Alternate approch to apply in Slone Infosystems SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Slone Infosystems SME IPO Review and Important Updates

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Apply in Slone Infosystems SME IPO online

To subscribe or apply in Slone Infosystems SME IPO, you can use the following methods:

MethodDetails
Slone Infosystems SME IPO Applying Mode
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Slone Infosystems SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Slone Infosystems SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Slone Infosystems SME IPO. Most of the Syndicate Banks provide access to apply in Slone Infosystems IPO via ASBA process. You must have your net banking access, DP ID information to apply in Slone Infosystems SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Slone Infosystems SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Slone Infosystems SME IPO Review and Important Updates

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Slone Infosystems SME IPO Application is not yet available.

 

Slone Infosystems SME IPO is going to be list on 10-05-2024.

Other relevant questions:

When Slone Infosystems SME IPO will be listing? Slone Infosystems SME IPO listing date?Slone Infosystems SME IPO date of listing

 

Slone Infosystems SME IPO Allotment Date is 08-05-2024.

Other relevant questions:

Slone Infosystems SME IPO share allotment date?Slone Infosystems SME IPO allotment date?

 


User Reviews

4. DAVINDER SINGH Apr 27 2024 02:02:51 AM Reply
Slone Infosystems SME IPO expected listing gain.
4.1. Ambar Kasliwal Apr 27 2024 06:27:57 PM
Promising Financials and very reasonable priced…. Should list at atleast 80% premium.
3. JAPA RAJINIKARREDDY Apr 27 2024 02:02:51 AM Reply
Please confirm Slone Infosystems SME IPO GMP (grey market premium) and kostak.
2. VIKRAM Apr 27 2024 02:02:51 AM Reply
Slone Infosystems SME IPO good or bad.
1. Nikil Mallesh Yelelawar  Apr 27 2024 02:02:51 AM Reply
Slone Infosystems SME IPO whether to invest or not.