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Slone Infosystems IPO
Price Band
₹
Issue Size
₹11.06 Cr
Lot Size
1,600 shares
Min Investment
₹126,400
GMP
+₹45.0 (56.96%)
Issue Price
₹79.0
Subject to Sauda
₹54700
Paid only if allotted
Slone Infosystems IPO AI Summary
- Slone Infosystems IPO is listed on NSE SME in the Computers Hardware & Equipments sector.
- Subscription window: 03 May–07 May 2024, listing on 10 May 2024.
- Current GMP is +₹45.0 (56.96%) — unofficial and can change daily.
Slone Infosystems Limited is an emerging player in the IT hardware solutions sector, showing promising growth in revenue and profitability since its inception. With a strategic plan for utilizing the proceeds from its IPO, the company aims to enhance its operational capabilities and financial stability.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Slone Infosystems IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 07 May 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Slone Infosystems IPO Grey Market Premium (GMP) Today
GMP
+₹45.0
GMP %
+56.96%
Est. Listing
₹124.0
Updated: 25 Jul 2026 14:06
About the Company
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.
Company Financials (₹ Cr)
As of 2023-12-31
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 19.79 | 11.91 | 11.67 | 9.29 |
| Total Income | 34.35 | 30.77 | 26.59 | 11.57 |
| Profit After Tax | 2.85 | 0.75 | 0.38 | 0.28 |
| NET Worth | 11.88 | 2.10 | 2.29 | 1.90 |
| Reserves and Surplus | 8.01 | 0.26 | ||
| Total Borrowing | 6.43 | 6.82 | 9.21 | 7.26 |
Key Ratios
EPS
₹1.93
NAV
₹30.69
ROE
74%
ROCE
34.44%
RoNW
23.98%
P/B Value
2.57
P/E Ratio
40.94
Market Cap
₹41.63 Cr
PAT Margin
8.36%
Debt/Equity
0.33
Peer Comparison
| Company | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|
| Benchmark Computer Solutions Ltd | 15.2% | 0.03 | 1959.31 | 1959.31 |
| Brisk Technovision Ltd | 38.62% | 14.61 | 9.24 | 9.24 |
| Slone Infosystems Limited This IPO | 35.47% | 19.51 | 4.05 | 4.05 |
Promoters
Rajesh Srichand Khanna, Manisha Rajesh Khanna and Mohit Rajesh Khanna
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure towards purchase of Laptops, Desktops, SSD and RAM. 5.01 2 Repayment/prepayment of certain borrowings availed by the Company 3.92 3 General Corporate Purpose 1.29
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income increased from ₹26.59 Cr in the period ending 31 Mar 2022 to ₹30.77 Cr by 31 Mar 2023, and further rose to ₹34.35 Cr by 31 Dec 2023. This indicates a consistent growth in revenue over the periods.
Profit Trend
Profit After Tax (PAT) grew from ₹0.38 Cr in the period ending 31 Mar 2022 to ₹0.75 Cr by 31 Mar 2023, and further increased to ₹2.85 Cr by 31 Dec 2023. This shows a significant upward trend in profitability.
Valuation
Slone Infosystems has an implied P/E of 19.51 at the issue price, compared to peers trading at a P/E range of 0.03 to 14.61.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected premium of a stock over its issue price in the grey market before it officially lists on the stock exchange. A positive GMP suggests that the stock may list at a higher price than its issue price, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It is important to consider the company's financial health, market position, and growth potential.
Who May Want to Wait
Investors who are risk-averse or those who prefer stable, established companies may want to avoid investing in IPOs like this one, which can be more volatile and uncertain.
Listing Gains — The Risk
While listing day gains can be attractive, they are not guaranteed. Market conditions, investor sentiment, and the company's performance can all impact the stock's price on its first day of trading. Investors should be prepared for the possibility of price fluctuations.
This evaluation is generated from Slone Infosystems's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Slone Infosystems IPO GMP today?
Slone Infosystems IPO GMP today is +₹45.0 (56.96%). GMP is an unofficial grey-market indicator and can change daily.
When does Slone Infosystems IPO open and close?
Slone Infosystems IPO opens on 03 May 2024 and closes on 07 May 2024.
When does Slone Infosystems IPO list on the stock exchange?
Slone Infosystems IPO listed on 10 May 2024 at ₹124.0.
What is the lot size for Slone Infosystems IPO?
The lot size for Slone Infosystems IPO is 1600 shares, requiring a minimum investment of ₹126,400.
What is the issue price of Slone Infosystems IPO?
The issue price is ₹79.0.
What is the minimum investment required?
The minimum investment required is ₹126,400.0.
What is the lot size for the IPO?
The lot size is 1600 shares.
When is the listing date for the IPO?
The listing date is 10 May 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium of the stock over its issue price before it lists.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
03 May 2024
Close
07 May 2024
Allotment
08 May 2024
Listing
10 May 2024
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