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-2024
07-May-2024
₹ 79.00
₹ 0.00
Minimum Application for shares in Nos : 1600.0
Further Multiples of : 1600.0
(₹)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
₹79.00
Projects
Capital expenditure towards purchase of Laptops Desktops SSD & RAM
Repayment/prepayment of certain borrowings availed by the company