Slone IPO

Slone Infosystems Ltd

₹1,26,400 /1600 sharesMinimum Investment

Slone IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹79.00₹118.50₹39.50 (50.00%)

Slone IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
3 May ‘24 - 7 May ‘24₹1,26,4001,600₹79 - ₹79
Issue SizeIPO Doc
11.06Cr
RHP PDF

About the company

Slone Infosystems Limited is an IT hardware solutions provider dealing in the sale and rental of IT equipment, as well as IT service solutions. It deals with a variety of IT equipment, including laptops, desktops, servers, and workstations, and also provides IT solution services such as cloud server management and IT equipment servicing for corporate clients. The company offers customized IT solutions to meet its clients' specific requirements. It sources IT equipment based on clients' needs, then sells or rents the equipment depending on the client's preference. The company's business is organized into four segments: Sale of Laptops, Computers, and Computer Peripherals Sale of Other IT-Related Products IT Service Solutions Rental Services ;
Founded in
2022
Managing director
Mr. Rajesh Srichand Khanna
Parent organisation
Slone Infosystems Ltd

Strength and risks

Strengths
Risks
The company offers a wide range of products and has the capability to provide customized and integrated IT solutions. It supplies customers with a diverse selection of equipment, including laptops, desktops, printers, servers, and various peripherals such as CCTV cameras, projectors, and storage devices, all available for rental.
The company caters to clients across industries and sectors, including logistics, BPO, pharmaceuticals, e-commerce, education, IT, insurance, research, media and entertainment, recruitment, VFX and digital solutions, among others. During the financial year 2021-22, some of its customers included Silicon Rental Solutions Limited, Mangal Compusolution Limited, Sidewalk Systems, Cemtrex Labs, Expert Infotech Pvt. Limited, and Hindustan Computers.
The company reported revenue from operations of Rs. 11 cr, Rs. 25.79 cr and Rs. 30.22 cr in FY 2021, 2022 and 2023 respectively. For the same time periods, it reported Profit after tax of Rs. 0.28 cr. Rs. 0.38 cr and Rs. 0.75 cr respectively.
The company holds ISO certifications, including ISO 45001:2018 for Occupational Health & Safety Management, ISO 27001:2013 for Information Security Management, ISO 14001:2015 for Environmental Management, and ISO 9001:2015 for Quality Management. These certifications reflect the company's commitment to safety, security, environmental responsibility, and quality assurance in its operations.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular79 - 79₹2 Lakh
High Networth Individual79 - 79₹2 - 5 Lakh
For Slone IPO, eligible investors can apply as Regular.
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