Slone Infosystems Limited IPO
- IPO Date03 May, 2024 to 07 May, 2024
- Listing Date10 May, 2024
- Face Value₹10 per share
- Issue Price₹79 to ₹79 per share
- Lot Size1600 Shares
- Minimum Investment₹1,26,400
- Listing AtNSE SME
- Total Issue Size14,00,000 Shares
(aggregating up to ₹11.06 Cr) - Fresh Issue14,00,000 Shares
(aggregating up to ₹11.06 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue38,69,013
- Shareholding post issue52,69,013
IPO Dates
Closing Date
07 May, 2024
Initiation of Refunds
09 May, 2024
Listing Date
10 May, 2024
03 May, 2024
Opening Date
08 May, 2024
Basis of Allotment
09 May, 2024
Credit of Shares
Slone Infosystems Limited Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI (Min) | 2 | 3200 | ₹2,52,800 |
| Retail (Max) | 1 | 1600 | ₹1,26,400 |
| Retail (Min) | 1 | 1600 | ₹1,26,400 |
Slone Infosystems Limited Promoter Holding
The promoters of the company are Mr. Rajesh Srichand Khanna, Mrs. Manisha Rajesh Khanna, Mr. Mohit Rajesh Khanna
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.43% | 73.01% |
Slone Infosystems Limited COMPANY INFORMATION
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 bidding opened for subscription on May 3, 2024 and will close on May 7, 2024. The allotment for the Slone Infosystems IPO is expected to be finalized on Wednesday, May 8, 2024. Slone Infosystems IPO will list on NSE SME with tentative listing date fixed as Friday, May 10, 2024. Slone Infosystems IPO price is ₹79 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹126,400. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹252,800. 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. Refer to Slone Infosystems IPO RHP for detailed information.
Incorporated in December 2022, Slone Infosystems Limited is an Indian company that provides IT hardware solutions. It sells and rents various IT equipment, such as laptops, desktops, servers, and workstations. Additionally, it offers IT solution services to corporate clients, including managing cloud servers and servicing IT equipment.
The company's business can be divided into the following segments
- Sale of Laptop, Computer & Computer Peripherals
- Sale of other IT related products
- IT Service solutions; and
- Rental Services
The Company is ISO certified for OH&S, Information Security, Environmental Management, and Quality Management Systems.
As of April 2024, the company has 8 employees on its payroll and six contractual employees.
FAQs About Slone Infosystems Limited Ipo
Slone Infosystems Limited IPO will open on 03 May, 2024 and close on 07 May, 2024. Investors must apply within this period to participate.
The Slone Infosystems Limited IPO price band is set between ₹79.00 and ₹79.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹126400.00.
The Slone Infosystems Limited IPO shares are expected to be listed on 10 May, 2024, subject to regulatory approvals and final allotment.
You can track your Slone Infosystems Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Slone Infosystems Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.