Slone Infosystems IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Slone Infosystems IPO. Explore Slone Infosystems IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Slone Infosystems Limited was established in 2022 by Mr. Rajesh Srichand Khanna. Initially operating as M/s SAM Computers, the company transitioned into a corporate structure to expand its IT hardware solutions business. Through a slump sale agreement, Slone Infosystems Limited acquired the entire business of M/s SAM Computers in 2023. The company was subsequently converted into a public limited company, changing its name to Slone Infosystems Limited. Slone Infosystems Limited specializes in selling, renting, and providing IT service solutions in India.
Key Points:
- Business Operations: Slone Infosystems Limited operates in multiple segments, including the sale of laptops, computers, peripherals, other IT-related products, IT service solutions, and rental services.
- Custom Solutions: Slone Infosystems Limited offers custom-made solutions to clients' IT requirements, procuring IT equipment based on client needs and providing flexibility in acquisition to maximize productivity while adhering to IT budgets.
- Used Equipment Sales: In addition to new equipment sales and rentals, the company also sells used IT equipment to clients based on their requirements, catering to a diverse range of needs within the IT hardware market.
Objects of the Issue
- Capital Expenditure towards purchase of Laptops, Desktops, SSD and RAM
- Repayment/prepayment of certain borrowings availed by the Company
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 03 May - 07 May 2024 |
| IPO Price Band | ₹ 79 per share |
| Fresh Issue | Upto 14,00,000 Shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹ 11.06 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 03 May 2024 |
| IPO Closing Date | 07 May 2024 |
| Basis Of Allotment | 08 May 2024 |
| Refunds | 09 May 2024 |
| Demat Transfer | 09 May 2024 |
| IPO Listing Date | 10 May 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | 11.57 | 26.59 | 30.77 | 34.35 |
| Total Expenses | 11.22 | 26.09 | 29.91 | 30.49 |
| Net Profit/Loss | 0.28 | 0.38 | 0.75 | 2.85 |
| NPM (*) | 2.50 | 1.49 | 2.47 | 8.36 |
| Total Assets | 9.29 | 11.67 | 11.91 | 19.79 |
| Total Liabilities | 7.4 | 9.39 | 9.80 | 7.91 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | NA | NA | 4.05 | 13.58 |
| ROE (%) | NA | NA | 0.40 | 0.74 |
| ROCE (%) | 8.76 | 11.76 | 24.71 | 25.89 |
| D/E Ratio | NA | NA | 1.30 | 0.33 |
| Current Ratio | 2.13 | 1.79 | 1.55 | 4.42 |
| EBITDA MARGIN (%) | 7.02 | 5.24 | 6.21 | 13.93 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Slone Infosystems Limited | 30.22 | 19.51 | 4.05 | 35.47 | 30.69 |
| Brisk Technovision Ltd. | 18.31 | 14.61 | 9.24 | 38.62 | 23.93 |
| Benchmark Computer Solutions Ltd | 31.95 | 0.03 | 1,959.31 | 15.20 | 12,890.6 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 756.88 |
| Retail Individual Investor (RII) | 540.8 |
| Total | 667.81 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Company Promoters
- MR. RAJESH SRICHAND KHANNA
- MRS. MANISHA RAJESH KHANNA
- MR. MOHIT RAJESH KHANNA
Lead Managers
- Jawa Capital Services Private Limited
Company Address
Slone Infosystems Limited
Office 203, 2nd Floor, Mohini Heights CHS LTD, 5th Road, Khar West Behind Rajasthan Hotel, Khar Delivery, Mumbai-400052, Maharashtra
Phone: 9820324640/9892073899
Email: cs@sloneinfosystems.com
Website: www.sloneinfosystems.com
FAQs
- What is the issue size of the Slone Infosystems SME IPO?The Slone Infosystems SME IPO has an issue size of ₹ 11.06 crore. This includes a fresh issue of Upto 14,00,000 Shares and an offer for sale (OFS) of NIL.
- What is the price band of the Slone Infosystems IPO?The price band for the Slone Infosystems IPO is ₹ 79 per share.
- What are the bidding dates for the Slone Infosystems IPO?The Slone Infosystems IPO will open for bidding on 03 May 2024 and close on 07 May 2024.
- What is the allotment date for the Slone Infosystems IPO?The allotment date for the Slone Infosystems IPO is 08 May 2024.
- What is the listing date for the Slone Infosystems IPO?The listing date for the Slone Infosystems IPO is 10 May 2024.
- What is the Slone Infosystems IPO grey market premium?The grey market premium (GMP) for the Slone Infosystems IPO is currently at ₹45, with an expected listing gain of approximately 56.96%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.