Slone Infosystems IPO Date, Details, GMP, Allotment

Slone Infosystems IPO: The date for the IPO has been set. It will open on May 3, 2024, and close on May 7, 2024. Slone Infosystems IPO going to be listed on NSE SME.

Aims to raise with a fresh issue Rs 1106 Lakhs through 14 lakh shares. The IPO price band of Slone Infosystems IPO is ₹79 per share.

Slone Infosystems IPO Key Points
Image Credit- Slone Infosystems Limited

Slone Infosystems IPO Date & Details

Open Date3rd May 2024
Close Date7th May 2024
Listing Date10th May 2024 [Expected]
Issue SizeAggregating Rs 1106 Lakhs through 14 lakh shares
Issue TypeFresh Fixed Price Issue IPO
Face Value₹10 per share
IPO Price Band79 per share
IPO Listing onNSE SME
Lot Size1600 Shares
OFSNot Applicable
Retail Quota50% of the total issue share
QBI50% of the total issue share

Slone Infosystems IPO Date (Roadmap)

  • IPO Open Date: 3rd May 2024
  • IPO Close Date: 7th May 2024
  • Basis of Allotment: 8th May 2024
  • Initiation of Refunds: 9th May 2024
  • The credit of Shares to Demat: 9th May 2024
  • Listing Date: 10th May 2024
  • UPI mandate confirmation: 5 PM on 7th May 2024

Slone Infosystems IPO Lot Size For Retails, QBIs and HNIs

ApplicantsLot Size (Min & Max)ShareAmount
Retail1 Lot (Min) 1 lot (Max)1600₹126,000 Max
S-HNI2 Lot Min.3200₹252,800 Min
B-HNI2 Lots (Min)3200₹252,800 Min

Slone Infosystems IPO Promoters Holding or Owners Holdings

The promoters of the company are

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

Before the issue, one entity held 99.43% of the shares, but after the issue, its ownership has decreased to 73.01%.

Slone Infosystems IPO GMP (Gray Market Premium) day-by-day

DateGMPIPO PriceEstimate Listing Price Last Update
05/05/2024₹67₹79₹14605/05/2024 22:10
04/05/2024₹67₹79₹14604/05/2024 11:10
03/05/2024₹67₹79₹14603/05/2024 10:30
02/05/2024₹50₹79₹12902/05/2024 19:30
01/05/2024₹45₹79₹12401/05/2024 15:50
30/04/2024₹40₹79₹11930/04/2024 17:50
29/04/2024₹20₹79₹9929/04/2024 08:50
28/04/2024₹20₹79₹9928/04/2024 14:00
27/04/2024₹20₹79₹9927/04/2024 14:00

To see Slone Infosystems IPO live subscription status please visit our IPO Subscription Status Live section on the menu.

Slone Infosystems IPO Allotment Status

Slone Infosystems IPO allotment expected date is 8th May 2024. To check the allotment status follow the stapes.

To check Storage Technologies & Automation Limited IPO Allotment Visit the link Kfin Technologies Limited select IPO Name enter your Application No or PAN no then click on submit. Now you can see the allotment status.

Know About Slone Infosystems Limited

Slone Infosystems Limited, founded in December 2022, is an Indian company specializing in IT hardware solutions. They cater to a range of needs, from selling and renting IT equipment like laptops, desktops, servers, and workstations to providing comprehensive IT solutions for corporate clients. These services include managing cloud servers and servicing IT equipment to ensure smooth operations for businesses.

Their business operations are organized into several segments:

  1. Sale of Laptop, Computer & Computer Peripherals: Slone Infosystems offers a variety of IT hardware for purchase, including laptops, computers, and peripherals like printers and accessories.
  2. Sale of other IT-related products: In addition to computers and peripherals, the company also sells other IT-related products to meet diverse customer requirements.
  3. IT Service Solutions: Slone Infosystems provides comprehensive IT service solutions to corporate clients, ensuring efficient management of their IT infrastructure and systems. This includes services such as setting up and managing cloud servers, troubleshooting, and technical support.
  4. Rental Services: Apart from selling IT equipment, the company also offers rental services, allowing businesses to access the latest technology without the need for large upfront investments.

Objects of the Issue IPO

  • Capital Expenditure for IT Equipment
  • Repayment/Prepayment of Borrowings
  • General Corporate Purpose

Slone Infosystems Limited Financial Status (Restated)

ParticularsFor the Period / Year ended on (₹ in Lakhs)
31st December, 202331st March, 202331st March, 202231st March, 2021
PAT (Profit After Tax)284.7274.6638.3127.54
Total Borrowing642.66681.53921.15726.10
Net Worth1,187.51210.49228.70189.61

Key Performance Indicator (KPI) of Slone Infosystems Limited

ParticularsAs of 31 October 2023
EBITDA474.66 Lakh or 13.93%
PAT Margin (in %)
RoCE (in %)34.44%
RoE (%)74%
EPS13.58 per share pre-issue
PE Ratio5.82

Peer Groups

  • Brisk Technovision Ltd
  • Benchmark Computer Solutions Ltd

Slone Infosystems IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Slone Infosystems Limited IPO Book Running Lead Manager

Jawa Capital Services Private Limited
Tel No.: +91-11-47366600;

Slone Infosystems Limited Contact

Office 203, 2nd Floor, Mohini Heights CHS LTD,
5th Road Khar West Behind Rajasthan Hotel
Khar Delivery, Mumbai-400052
Phone: 9820324640

How To Apply Slone Infosystems Limited IPO

To apply for the Slone Infosystems Limited IPO online, you have two payment options: UPI or ASBA. Here’s how you can do it through various platforms:

  1. Zerodha, Dhan, Angle One, Upstock, etc.: These brokers offer UPI IPO applications. You can apply for the IPO through their respective platforms by selecting the Racks & Rollers IPO and completing the application process using UPI as the payment method.
  2. ICICI Bank, HDFC Bank, and SBI Bank: These banks provide ASBA IPO applications. You can apply for the IPO through their net banking portals. Simply log in to your bank account, navigate to the IPO section, select the Slone Infosystems Limited IPO, and fill out the application form, specifying the bid quantity and price. Then, submit the application using ASBA as the payment method.


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