Slone Infosystems IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
May 03 to May 07 2024
Price Band
₹79
Current GMP
₹118.5(50%)
Subscription
652.97 times
IPO Details
| IPO Date | May 3, 2024 to May 7, 2024 |
| Listing Date | Friday, May 10, 2024 |
| Face Value | ₹10 per share |
| Price | ₹79 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 1,400,000 shares (aggregating up to ₹11.06 Cr) |
| Fresh Issue | 1,400,000 shares (aggregating up to ₹11.06 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 3,869,013 |
| Share holding post issue | 5,269,013 |
| Market Maker portion | 70,400 shares Aftertrade Broking |
IPO Date
May 3, 2024 to May 7, 2024
Listing Date
Friday, May 10, 2024
Face Value
₹10 per share
Price
₹79 per share
Lot Size
1600 Shares
Total Issue Size
1,400,000 shares (aggregating up to ₹11.06 Cr)
Fresh Issue
1,400,000 shares (aggregating up to ₹11.06 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
NSE SME
Share holding pre issue
3,869,013
Share holding post issue
5,269,013
Market Maker portion
70,400 shares Aftertrade Broking
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 756.12 |
| Retail Investors | 511.90 |
| Total ** | 652.97 |
Market Maker
1
Non-Institutional Buyers***
756.12
Retail Investors
511.90
Total **
652.97
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 May 3, 2024 | 7.15 | 34.09 | 20.68 |
| Day 2 May 6, 2024 | 27.71 | 128.31 | 78.14 |
| Day 3 May 7, 2024 | 756.12 | 511.90 | 652.97 |
DayDay 1
May 3, 2024
NII*7.15
Retail34.09
Total20.68
DayDay 2
May 6, 2024
NII*27.71
Retail128.31
Total78.14
DayDay 3
May 7, 2024
NII*756.12
Retail511.90
Total652.97
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 10-05-2024 | 79.00 | 45(56.96%) | 124 |
| 09-05-2024 | 79.00 | 45(56.96%) | 124 |
| 08-05-2024 | 79.00 | 55(69.62%) | 134 |
| 07-05-2024 | 79.00 | 70(88.61%) | 149 |
| 06-05-2024 | 79.00 | 70(88.61%) | 149 |
| 05-05-2024 | 79.00 | 67(84.81%) | 146 |
| 04-05-2024 | 79.00 | 67(84.81%) | 146 |
| 03-05-2024 | 79.00 | 67(84.81%) | 146 |
| 02-05-2024 | 79.00 | 50(63.29%) | 129 |
| 01-05-2024 | 79.00 | 45(56.96%) | 124 |
| 30-04-2024 | 79.00 | 40(50.63%) | 119 |
| 29-04-2024 | 79.00 | 30(37.97%) | 109 |
| 28-04-2024 | 79.00 | 20(25.32%) | 99 |
| 27-04-2024 | 79.00 | 20(25.32%) | 99 |
Date10-05-2024
Price79.00
GMP45(56.96%)
Estimate List Price124
Date09-05-2024
Price79.00
GMP45(56.96%)
Estimate List Price124
Date08-05-2024
Price79.00
GMP55(69.62%)
Estimate List Price134
Date07-05-2024
Price79.00
GMP70(88.61%)
Estimate List Price149
Date06-05-2024
Price79.00
GMP70(88.61%)
Estimate List Price149
Date05-05-2024
Price79.00
GMP67(84.81%)
Estimate List Price146
Date04-05-2024
Price79.00
GMP67(84.81%)
Estimate List Price146
Date03-05-2024
Price79.00
GMP67(84.81%)
Estimate List Price146
Date02-05-2024
Price79.00
GMP50(63.29%)
Estimate List Price129
Date01-05-2024
Price79.00
GMP45(56.96%)
Estimate List Price124
Date30-04-2024
Price79.00
GMP40(50.63%)
Estimate List Price119
Date29-04-2024
Price79.00
GMP30(37.97%)
Estimate List Price109
Date28-04-2024
Price79.00
GMP20(25.32%)
Estimate List Price99
Date27-04-2024
Price79.00
GMP20(25.32%)
Estimate List Price99
IPO Important Dates
| IPO Open Date | Friday, May 3, 2024 |
| IPO Close Date | Tuesday, May 7, 2024 |
| Basis of Allotment | Wednesday, May 8, 2024 |
| Initiation of Refunds | Thursday, May 9, 2024 |
| Credit of Shares to Demat | Thursday, May 9, 2024 |
| Listing Date | Friday, May 10, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 7, 2024 |
IPO Open Date
Friday, May 3, 2024
IPO Close Date
Tuesday, May 7, 2024
Basis of Allotment
Wednesday, May 8, 2024
Initiation of Refunds
Thursday, May 9, 2024
Credit of Shares to Demat
Thursday, May 9, 2024
Listing Date
Friday, May 10, 2024
Cut-off time for UPI mandate confirmation
5 PM on May 7, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹126,400 |
| Retail (Max) | 1 | 1600 | ₹126,400 |
| HNI (Min) | 2 | 3,200 | ₹252,800 |
ApplicationRetail (Min)
Lots1
Shares1600
Amount₹126,400
ApplicationRetail (Max)
Lots1
Shares1600
Amount₹126,400
ApplicationHNI (Min)
Lots2
Shares3,200
Amount₹252,800
Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,978.58 | 1,190.71 | 1,167.37 |
| Revenue | 3,434.86 | 3,077.40 | 2,659.14 |
| Profit After Tax | 284.72 | 74.66 | 38.31 |
| Net Worth | 1,187.51 | 210.49 | 228.70 |
| Reserves and Surplus | 800.61 | 25.94 | |
| Total Borrowing | 642.66 | 681.53 | 921.15 |
Period EndedPeriod Ended
31 Dec 202331 Dec 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Dec 20231,978.58
31 Mar 20231,190.71
31 Mar 20221,167.37
Period EndedRevenue
31 Dec 20233,434.86
31 Mar 20233,077.40
31 Mar 20222,659.14
Period EndedProfit After Tax
31 Dec 2023284.72
31 Mar 202374.66
31 Mar 202238.31
Period EndedNet Worth
31 Dec 20231,187.51
31 Mar 2023210.49
31 Mar 2022228.70
Period EndedReserves and Surplus
31 Dec 2023800.61
31 Mar 202325.94
31 Mar 2022
Period EndedTotal Borrowing
31 Dec 2023642.66
31 Mar 2023681.53
31 Mar 2022921.15
Key Performance Indicator
| ROE | 74% |
| ROCE | 34.44% |
| Debt/Equity | 0.33 |
| RoNW | 23.98% |
| P/BV | 2.57 |
| EPS (Rs) | 1.93 |
ROE
74%
ROCE
34.44%
Debt/Equity
0.33
RoNW
23.98%
P/BV
2.57
EPS (Rs)
1.93
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 70,400 (5.03%) |
| Other Shares Offered | 664,000 (47.43%) |
| Retail Shares Offered | 665,600 (47.54%) |
| Total Shares Offered | 1,400,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
70,400 (5.03%)
Other Shares Offered
664,000 (47.43%)
Retail Shares Offered
665,600 (47.54%)
Total Shares Offered
1,400,000 (100%)
Information about company
Incorporated 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.Â
The company's business can be divided into the following segments
Sale of Laptop, Computer & Computer Peripherals
Sale of other IT related products
IT Service solutions; and
Rental Services
The 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.
Objectives of IPO
The objects of the present issue of Equity Shares are:
Capital Expenditure towards purchase of Laptops, Desktops, SSD and RAM.
Repayment/prepayment of certain borrowings availed by the Company; and
General Corporate Purpose
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
Please read all Tearms and conditions , and agree to use the App