Slone Infosystems Limited

About the company

## **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.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   03 May 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   07 May 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   05 May 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   09 May 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   08 May 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   10 May 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.