Slone Infosystems Limited Logo

Slone Infosystems Limited

SLONE

79-79

per share
Bidding Dates
3-7 May
Min. Investment
₹1,26,400.00
Lot Size
1600 shares
Issue Size
₹11.06 Cr
IPO Timeline
Bidding starts
03 May ‘24
Bidding ends
07 May ‘24
Allotment finalisation*
08 May ‘24
Refund initiation*
09 May ‘24
Demat transfer
09 May ‘24
Listing
10 May ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About Slone Infosystems Limited

Established in 2022, Slone Infosystems Limited has rapidly carved a niche for itself in the dynamic IT hardware solutions market in India. Specializing in the sale and rental of high-quality IT equipment alongside comprehensive IT service solutions, Slone Infosystems caters to a diverse clientele, focusing on enhancing efficiency and optimizing IT investments.

Core Offerings

Slone Infosystems Limited operates through four primary business segments:

Sale of Laptop, Computer & Computer Peripherals: Offering a wide range of laptops, desktops, and peripherals, Slone Infosystems ensures that businesses have access to the latest and most efficient technology.

Sale of Other IT-Related Products: This includes a variety of IT hardware and software products, catering to specific business needs and technological upgrades.

IT Service Solutions: From managing cloud servers to routine maintenance and servicing of IT equipment, Slone Infosystems provides tailor-made services that keep corporate IT infrastructure running smoothly.

Rental Services: Recognizing the varied needs of businesses, Slone Infosystems offers flexible rental options that allow companies to acquire necessary IT equipment without hefty upfront investments, thus preserving their capital and enhancing budget efficiency.

As Slone Infosystems Limited prepares for its Initial Public Offering (IPO), the company is set to leverage the capital raised to fuel further growth and streamline operations. The proceeds from the IPO will be allocated towards the following objectives:

  • Capital Expenditure: Investment in cutting-edge IT equipment, including laptops, desktops, SSDs, and RAM, to enhance the rental and sales inventory.
  • Repayment of Loan: Reducing financial liabilities to strengthen the company's balance sheet and improve profitability.
  • General Corporate Purposes: Funding daily operations and other corporate activities to support expansion strategies.
  • Issue-Related Expenses: Covering the costs associated with the IPO process to ensure a smooth transition to public listing.

IPO analysis

Registrar information
Name
Kfin Technologies Limited
Phone number
+91-40-6716 2222
Email ID
sil.ipo@kfintech.com

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