Slone Infosystems Limited IPO (Slone Infosystems IPO)

Slone Infosystems Limited IPO
Upcoming Slone Infosystems IPO | New Slone Infosystems IPO

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 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.

Slone Infosystems IPO

Slone Infosystems IPO – Details

IPO Opening Date03 May 2024
IPO Closing Date07 May 2024
Issue TypeFixed Price Issue IPO
Issue Size14,00,000 Shares Worth ₹11.06 Crore
Fresh Issue: 14,00,000 Shares Worth ₹11.06 Crore
Face Value₹10 per equity share
IPO Price₹79
Market Lot1600 Shares
Min Order1600 Shares (1 Lot)
Listing AtNSE SME
RegisterKfin Technologies Limited
Retail Shares Offered50%
Other Shares Offered50%

Slone Infosystems IPO – Date Schedule

IPO Open Date03 May 2024
IPO Close Date07 May 2024
Basis of Allotment08 May 2024
Initiation of Refund09 May 2024
Credit of Shares to Demat Account09 May 2024
IPO Listing Date10 May 2024
Cut-off time for UPI mandate confirmation5 PM on May 07, 2024

Slone Infosystems IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11600₹1,26,400
Retail (Maximum)11600₹1,26,400
HNI (Minimum)23200₹2,52,800

Competitive Strengths

  • Experienced Promoters and Management Team.
  • Wide range of Products.
  • Long-standing relationship with clients and suppliers.
  • Quality standards.
  • Legacy Business Process & Management.
  • Strong and experienced R&D team.

Company Promoters

  • Mr. Rajesh Srichand Khanna
  • Mrs. Manisha Rajesh Khanna
  • Mr. Mohit Rajesh Khanna

Object Of The Issue

  • Capital Expenditure towards purchase of Laptops, Desktops, SSD and RAM.
  • Repayment/prepayment of certain borrowings availed by the Company; and
  • General Corporate Purpose.
Slone Infosystems IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202111.5711.220.277.26
31 March 202226.5926.090.389.21
31 March 202330.7729.910.746.81
31 December 202334.3430.492.846.42
Amount in ₹ Crore

Key Performance Indicator

EPS (Rs)13.58
P/E (x)5.82

Slone Infosystems IPO Promoter Holding

Pre Issue Share Holding99.43%
Post Issue Share Holding73.01%

Slone Infosystems IPO Prospectus

Company Contact Information

Slone Infosystems Limited

Office 203, 2nd Floor, Mohini Heights CHS LTD,
5th Road Khar West Behind Rajasthan Hotel
Khar Delivery, Mumbai-400052

Phone: 9820324640

Slone Infosystems IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Slone Infosystems IPO Lead Manager(s)

1. Jawa Capital Services Private Limited

Slone Infosystems IPO FAQs

Slone Infosystems IPO FAQs
What is Slone Infosystems IPO?

Slone Infosystems IPO is a SME IPO. The issue is priced at ₹79 per equity share. The IPO is to be listed on NSE SME.
When Slone Infosystems IPO will open?

The IPO is to open on 03 May 2024 for Retails – 50% and Others – 50% Investors.
How to Slone Infosystems IPO?

You can apply for Slone Infosystems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Slone Infosystems IPO through 5 Paisa?

Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Slone Infosystems”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa.
How to Apply the Slone Infosystems IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Slone Infosystems”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Slone Infosystems IPO Size?

Slone Infosystems IPO size is ₹11.06 crores.
What is Slone Infosystems IPO Price Band?

Slone Infosystems IPO Price Band is ₹79.
What is Slone Infosystems IPO Minimum and Maximum Lot Size?

The minimum bid is 1600 Shares with ₹1,26,400 amount while the maximum bid is 1600 shares with ₹1,26,400.
What is the Slone Infosystems IPO Allotment Date?

Slone Infosystems IPO allotment date is  08 May 2024.
What is the Slone Infosystems IPO Listing Date?

Slone Infosystems IPO listing date is 10 May 2024. The IPO is to list on NSE SME.
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