IPO

Slone Infosystems Ltd. IPO

Slone Infosystems Ltd., established in 2022, operates in the IT Equipments & Peripherals sector. The company's IPO opened on May 3, 2024 and closed on May 7, 2024, with an issue price of ₹79. The ... Read more

Min Investment
₹ 1,26,400 / 1600 shares
Price Range
₹79
Bidding Dates
3 May '24 - 7 May '24
Total Issue Value
5.81 Cr
Lot Size
1,600
Total Issue Size
5.81 Cr
Listing At
NSE SME
Subscription
617.08 times
NSE Price
388.85 (392.22%)

IPO Timeline

  • 3 May 2024
    Bidding Starts
  • 7 May 2024
    Bidding Ends
  • 8 May 2024
    Allotment Finalization
  • 10 May 2024
    Listing

About Slone Infosystems Ltd.

We are an IT hardware solutions Company, engaged in selling and renting of IT Equipment, and in providing IT Service Solutions in India. We deal in selling and renting of IT equipment like laptops, desktops, servers, work stations and also provide IT solution services like managing cloud servers, ... Read more

Parent organisation
Founded
Slone Infosystems Ltd.
2022

Slone Infosystems Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 70,400 (9.58%)
Non Institutional Investors 6,64,800 (90.42%)
Retail Individual Investors (RIIs) 6,64,800 (90.42%)

Slone Infosystems Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 61.07 Cr 4.19 Cr 9.35 Cr
31 Mar 2023 30.77 Cr 74.66 Lakh 25.94 Lakh
31 Mar 2022 26.59 Cr 38.31 Lakh 0

Slone Infosystems Ltd. Background

Major Events And Milestones
  • 2022
    Incorporation of our Company “Slone Infosystems Private Limited” as a Private Limited Company
  • 2023
    Acquisition of business of M/s Sam Computers, Sole Proprietorship of our Promoter Mr. Rajesh Srichand Khanna, as a going concern, in terms of Slump Sale Agreement dated March 01,
    Shifting of the registered office of the Company from Flat-801 Mohini Heights Co-operative Housing Ltd Plot-579/580, 5th Road, Khar (West), Mumbai 400052, Maharashtra to Office 203 2nd, Floor Mohini Heights CHS LTD, 5th Road, Khar West Behind Rajasthan Hotel, Khar Delivery, Mumbai-400052 Maharashtra
    The Company was granted ISO 45001:2018 certification for OH&S Occupational Health & Safety Management System, ISO 27001:2013 certification for Information Security Management System, ISO 14001:2015 certification in Environmental Management System and ISO 9001:2015 certification in Quality Management System, by Paramount Quality Certifications.
    Conversion of the Company from Private Limited to Public Limited and subsequent change in name of the Company by deletion of the word Private therefrom
Slone Infosystems Ltd. Object of Issues

1. Capital Expenditure towards purchase of Laptops, Desktops, SSD and RAM.
2. Repayment of Loan
3. General Corporate Purpose
4. To meet expenses related to the Issue

Slone Infosystems Ltd. IPO Listing Details
Listing Date
10 May 2024
NSE Symbol
SLONEINFO
ISIN
INE0SMA01017
Final Issue Price
₹ 79
Slone Infosystems Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 79.00
Open - ₹ 118.50
Low - ₹ 112.60
High - ₹ 119.45
Last Trade - ₹ 112.60
Slone Infosystems Ltd. Company Promoters

1. Mr. Rajesh Srichand Khanna
2. Mrs. Manisha Rajesh Khanna
3. Mr. Mohit Rajesh Khanna

Industry Overview

Electronics hardware industry is the world’s largest and fastest growing industry and is increasingly applications in all sectors of the economy. The domestic production of electronic items has increased from Rs. 3,17,331 crore (USD 49 billion) in 2016-17 to Rs. 6,40,810 crore (USD 87.1 ... Read more

Slone Infosystems Ltd. Contact Details
Address: 203, 2nd Floor, Mohini Heights CHS LTD, 5th Road, Khar West Behind Rajasthan Hotel, Khar Delivery, Mumbai Maharashtra - 400052
Phone no:9820324640, 9892073899
9820324640, 9892073899
|
Slone Infosystems Ltd. IPO Registrar
KFin Technologies Ltd.
Selenium, Tower B, Plot 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad Telangana - 500032
67162222
Slone Infosystems Ltd. IPO Lead Manager(s)
Jawa Capital Services Pvt. Ltd.
Plot No. 93, F/F, Pocket-2, Near DAV School, Jasola, Delhi Delhi - 110025
47366600

FAQs

When does Slone Infosystems Ltd. IPO opens and closes?

Slone Infosystems Ltd. IPO opens from 3rd May to 7th May 2024.

What is the size of Slone Infosystems Ltd. IPO?

The size of the Slone Infosystems Ltd. IPO is ₹5.81 Cr.

What is the minimum investment and lot size required for the Slone Infosystems Ltd. IPO?

The minimum investment required is ₹1,26,400 and minimum lot size is 1600 shares.

When is Slone Infosystems Ltd. IPO listing date?

The Slone Infosystems Ltd. IPO will be listed on 10th May 2024.

What is the objective of Slone Infosystems Ltd. IPO?

1. Capital Expenditure towards purchase of Laptops, Desktops, SSD and RAM.
2. Repayment of Loan
3. General Corporate Purpose
4. To meet expenses related to the Issue

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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