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20 Aug, 2025
Slone Infosystems Limited IPO
Slone has been a premier destination for IT hardware solutions since 1999. They take pride in offering a curated selection of top-tier brands and products that reflect our commitment to quality and innovation. Their dedication to staying ahead of the technology curve ensures that you have access to the latest and most reliable IT hardware. Slone Infosystems IPO is a fixed price issue of Rs 11.06 crores. The issue is entirely a fresh issue of 14 lakh shares. Slone Infosystems IPO price is ₹79 per share.
The minimum lot size for an application is 1600 Shares. Jawa Capital Services Private Limited is the book running lead manager of the Slone Infosystems IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Slone Infosystems IPO is Aftertrade Share Broking.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Slone Infosystems Limited IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Slone Infosystems Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | May 3, 2024 to May 7, 2024 |
| Listing Date | - |
| 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 Share Broking |
Slone Infosystems Limited IPO Timeline
| Detail | Description |
|---|---|
| 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 |
Slone Infosystems Limited 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 |
Slone Infosystems Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Share Holding Pre Issue | 99.43% |
| Share Holding Post Issue | 73.01% |
Competitive Strength:
- -
Slone Infosystems Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2023 | 1,978.58 | 3,434.86 | 284.72 | 1,187.51 | 642.66 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 1,190.71 | 3,077.40 | 74.66 | 210.49 | 681.53 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 1,167.37 | 2,659.14 | 38.31 | 228.70 | 921.15 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2021 | 929.41 | 1,157.44 | 27.54 | 189.61 | 726.10 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 74% |
| ROCE | 34.44% |
| Debt/Equity | 0.33 |
| RoNW | 23.98% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 13.58 | |
| P/E (x) | 5.82 |
Objectives of Slone Infosystems IPO
The objects of the present issue of Equity Shares are as follows:
- 1. Capital Expenditure towards purchase of Laptops, Desktops, SSD and RAM.
- 2. Repayment/prepayment of certain borrowings availed by the Company.
- 3. General Corporate Purpose
Slone Infosystems IPO Review
The company is operating in a highly competitive and fragmented segment. After average growth with negligible profits for FY21 to FY23, it posted bumper profits with high turnover. The sudden growth in 9M-FY24 is attributed to high margin contracts in installation and rentals and as per management, these trends are expected to continue with more inflow of similar orders that are under pipelines. Based on FY24 annualized earnings, the issue is sully priced but based on FY23 earnings it is aggressively priced. Small equity base post-IPO indicates a longer gestation period. Well-informed investors may park moderate funds for the medium to long term rewards.
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Frequently asked Questions (FAQs )
-
What is Slone Infosystems IPO?
Slone Infosystems IPO is an NSE SME IPO. They are going to raise ₹11.06 Crores via IPO. The issue is priced at ₹79 per equity share. The IPO is to be listed on NSE.
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What Is The Allotment Date Of Slone Infosystems Limited?
The allotment date of the Slone Infosystems Limited IPO is May 8, 2024.
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What Is The Price Band Of The Slone Infosystems IPO?
The price band of the issue is INR 79 per share.
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What Is The Size Of The Slone Infosystems IPO?
The offer size of Slone Infosystems Limited is INR 11.06 crores, consisting of a fresh issue of 14,00,000 lakh shares. The company seeks funds to invest in technology, repay loans, and cover general corporate expenses.
