Slone Infosystems Limited

Company Profile
Company Name Slone Infosystems Limited
Open Date 03-05-2024
Close Date 07-05-2024
Exchange NSE SME
Lot Size 1600 Shares
Issue Price ₹79 per share
Issue Size 14,00,000 shares
Application Amount ₹1,26,400
Recommendation Avoid
Incorporated in December 2022, Slone Infosystems Limited has its registered office in Mumbai, Maharashtra, India. The company 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 has served clients across various industries including BPO, Media company, pharm company, infotech company, etc. As of April 2024, the company had a total of 8 employees on it’s payroll along with 6 contractual employees.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Dec-23
Total Assets 929.42 1,167.37 1,190.72 1,978.58
Net Assets 645.00 716.26 484.86 1,584.44
Total Borrowings 451.33 481.12 274.03 392.12
Total Revenue 1,100.21 2,578.79 3,022.14 3,407.06
Profit After Tax 27.53 38.29 74.65 284.71

Tentative Timeline

Opening Date 03-05-2024
Closing Date 07-05-2024
Basis of Allotment 08-05-2024
Initiation of Refunds 09-05-2024
Credit of Shares to Demat 09-05-2024
Listing Date 10-05-2024

Objects of the Issue

Capital Expenditure towards purchase of Laptops, Desktops, SSD and RAM.
Repayment/prepayment of certain borrowings availed by the Company.
General corporate purposes.

Contact Information

Registered Office Slone Infosystems Limited Office 203, 2nd Floor, Mohini Heights CHS LTD, 5th Road Khar West Behind Rajasthan Hotel Khar Delivery, Mumbai-400052
Phone 9820324640

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000

IPO Reservation

Retail Shares Offered 50% of the Net issue
Other Shares Offered 50% of the Net issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 99.43%
Share Holding Post Issue (Promoters) 73.01%

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