IPO Issue Details
Issue Price / Price Band₹79 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size14,00,000 shares (aggregating up to ₹11.06 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 03 May 2024
Subscription CloseTue, 07 May 2024
Anchor AllotmentThu, 02 May 2024
Basis of AllotmentWed, 08 May 2024
Initiation of RefundsThu, 09 May 2024
Credit of Shares to DematThu, 09 May 2024
Listing DateFri, 10 May 2024
UPI Mandate Deadline2024-05-07
Application & Investment Details
Retail — Min (1 Lots)₹1,26,400 — 1,600 shares
Retail — Max (13 Lots)₹1,643,200 (13 Lots)
HNI — Min (2 Lots)₹2,52,800 — 3,200 shares
EPS (Pre-IPO)₹1.93
EPS (Post-IPO)₹7.20
P/E Ratio (Pre-IPO)40.94x
P/E Ratio (Post-IPO)10.96x
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-IPO Promoter Holding38,69,013 shares
Post-IPO Promoter Holding52,69,013 shares
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
Slone Infosystems Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
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
Shareholding & Lock-in
Pre-IPO Promoter Holding
38,69,013 shares
Post-IPO Promoter Holding
52,69,013 shares