Slone Infosystems IPO of 14 lakh shares worth INR 11.06 Cr is live. The funds will go towards tech investment, loan repayment, and corporate expenses.
Open Date: May 3, 2024 Close Date: May 7, 2024 Allotment Date: May 8, 2024 Listing Date: May 10, 2024
IPO Price: INR 79 per share Lot Size: 1600 Shares Total Issue Size: INR 11.06cr
1. Slone Infosystems revenue initially increased but later fell short. 2. Profitability & equity improved over time. 3. Return on net worth declined, indicating varied performance aspects.
1. Slone Infosystems, Stability in performance. 2. Brisk Technovision, Growth potential with solid fundamentals. 3. Benchmark Computer Solutions ,Volatility despite high earnings & substantial net worth.
Slone Infosystems aims to allocate capital for tech purchases (laptops, desktops, SSD, RAM), repay/prepay borrowings, and meet general corporate needs.
1. Limited operating history affects investor evaluation 2. Success depends on client relationships 3. Vulnerable to supplier risks. 4. Risks could impact operations, financial condition, and viability