Slone Infosystems Ltd IPO
Price Range
₹79
-
Min. Quantity
1,600 Shares
Closes on
7 May 2024
-
Min. investment
₹1,26,400
Slone Infosystems Ltd IPO Timeline
| Event | Date |
|---|---|
| Slone Infosystems Ltd IPO Opening Date | 3 May 2024 |
| Slone Infosystems Ltd IPO Closing Date | 7 May 2024 |
| Basis of Allotment | 8 May 2024 |
| Initiation of Refunds | 9 May 2024 |
| Credit of Shares to Demat | 9 May 2024 |
| Slone Infosystems Ltd IPO Listing Date | 10 May 2024 |
Slone Infosystems Ltd IPO Details
| Slone Infosystems Ltd IPO Date | 3 May 2024 to 7 May 2024 |
| Slone Infosystems Ltd IPO Face Value | ₹10 per share |
| Slone Infosystems Ltd IPO Price | ₹79 to ₹0 per share |
| Slone Infosystems Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹11.06 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹11.06 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Rajesh Srichand Khanna, Manisha Rajesh Khanna, Mohit Rajesh Khanna |
Slone Infosystems Ltd IPO Lot Size
The Slone Infosystems Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,26,400).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,26,400 |
| Maximum | 1 | 1,600 | ₹1,26,400 |
- Strengths
- Risks
- Opportunities
- 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 Financials
Slone Infosystems Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 57.78 | 210.64 | 7.41 |
| 03-2024 | 20.87 | 61.07 | 4.19 |
| 03-2023 | 11.91 | 30.77 | 0.75 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Capital expenditure towards purchase of Laptops Desktops SSD & RAM
- Repayment/prepayment of certain borrowings availed by the company
- General corporate purposes
Slone Infosystems Ltd IPO Promoter Holding
| Pre Issue Share Holding | 98.18% |
| Post Issue Share Holding | 72.09% |
Slone Infosystems Ltd IPO Subscription Status (Bidding Detail)
The Slone Infosystems Ltd IPO is subscribed 616.1429 times on 7 May 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 616.1429 |
Slone Infosystems Ltd IPO Prospectus
Slone Infosystems Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0SMA01017 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Office # 203 2nd Flr MohiniHeights CHS Ltd 5th Rd K.West,Mumbai-400052
Phone: 98203 24640/98920 73899
Email: cs@sloneinfosystems.com
Website: www.sloneinfosystems.com
Slone Infosystems Ltd IPO Registrar
Slone Infosystems Ltd IPO Lead Manager(s)
- Jawa Capital Services Pvt Ltd
How to Check the Allotment Status of Slone Infosystems Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Slone Infosystems Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Slone Infosystems Ltd IPO
Slone Infosystems Limited was originally incorporated on December 29, 2022 as a Private Limited Company as 'Slone Infosystems Private Limited' with the Registrar of Companies, Mumbai. Thereafter, Company was converted from a Private Limited Company to Public Limited Company and the name of the Company was changed to 'Slone Infosystems Limited' and a Fresh Certificate of Incorporation upon the Conversion was issued on December 12, 2023 by the Registrar of Companies, Central Registration Center.
FAQ
What is the issue size of Slone Infosystems Ltd IPO?
I have pre-applied for Slone Infosystems Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.