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Slone Infosystems Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Slone Infosystems Ltd IPO

Registered Office: Office # 203 2nd Flr Mohini,Heights CHS Ltd 5th Rd K.West , Mumbai - 400052 , Maharashtra , India.
Phone : 98203 24640/98920 73899   Fax:
Email :  cs@sloneinfosystems.com  
Website :  www.sloneinfosystems.com
Initial public issue of 14,00,000 equity shares of face value of (Rs)10 each ("Equity Shares") of Slone Infosystems Limited (the "Company") for cash at a price of (Rs)79 per equity share (including a share premium of (Rs)69 per equity share) (the "Issue Price"), aggregating upto (Rs)11.06 crores ("The Issue"), of which 70,400 equity shares of face value of (Rs)10 each for cash at a price of (Rs)79 per equity share, aggregating to (Rs)0.56 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 13,29,600 equity shares of face value of (Rs)10 each for cash at a price of (Rs)79 per equity share, aggregating to (Rs)10.50 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.57 % and 25.23 % respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10 each and the issue price of (Rs)79 is 7.9 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
03-May-24 07-May-24 (Rs)79.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 10.22
Jawa Capital Services Pvt Ltd
Project Financed through Current Offer 11.06  
Post Issue Equity Share Capital 5.27  
Issue Price (Rs)79.00  
 
Projects
Capital expenditure towards purchase of Laptops Desktops SSD & RAMGeneral corporate purposes
Repayment/prepayment of certain borrowings availed by the company
Promoted By
Rajesh Srichand Khanna  
Manisha Rajesh Khanna  
Mohit Rajesh Khanna  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd