Issue Price
₹78
Per Share
GMP
NIL
Grey Market
Est. Listing
₹78
Expected Price
Min. Application
₹249,600
2 lots × 1600 shares
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.
Silicon Rental Solutions Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 136,000 | — | ₹1.06 Cr | — |
| TOTAL | 2,712,000 | 100.00% | ₹21.15 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹124,800 |
| Retail (Max) | 13 | 20,800 | ₹1,622,400 |
| sNII (Min) | 14 | 22,400 | ₹1,747,200 |
| bNII (Min) | 68 | 108,800 | ₹8,486,400 |
| 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 |
| Total Borrowings | N/A | N/A | N/A |