Silkflex Polymers IPO vs Slone Infosystems IPO

Comparision between Silkflex Polymers IPO and Slone Infosystems IPO.

IPO Details

Silkflex Polymers IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Slone Infosystems IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Silkflex Polymers IPO	Slone Infosystems IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Shreni Shares Limited	Jawa Capital Services Private Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Shreni Shares Limited	Aftertrade Broking Pvt Ltd
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Silkflex Polymers IPO is up to ₹18.11 Cr whereas the issue size of the Slone Infosystems IPO is up to ₹11.06 Cr. The final issue price of Silkflex Polymers IPO is ₹52.00 per share and of Slone Infosystems IPO is ₹79.00 per share.

	Silkflex Polymers IPO	Slone Infosystems IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹52.00 per share	₹79.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	34,82,000 shares	14,00,000 shares
Fresh Issue Size (Amount)	up to ₹18.11 Cr	up to ₹11.06 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	34,82,000 shares	14,00,000 shares
Issue Size Total (Amount)	up to ₹18.11 Cr	up to ₹11.06 Cr

IPO Timetable

Silkflex Polymers IPO opens on May 07, 2024, while Slone Infosystems IPO opens on May 03, 2024. The closing date of Silkflex Polymers IPO and Slone Infosystems IPO is May 10, 2024, and May 07, 2024, respectively.

	Silkflex Polymers IPO	Slone Infosystems IPO
Anchor Bid Date
Issue Open	May 07, 2024	May 03, 2024
Issue Close	May 10, 2024	May 07, 2024
Basis Of Allotment (Tentative)	May 13, 2024	May 08, 2024
Initiation of Refunds (Tentative)	May 14, 2024	May 09, 2024
Credit of Share (Tentative)	May 14, 2024	May 09, 2024
Listing date (Tentative)	May 15, 2024	May 10, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Silkflex Polymers IPO P/E ratio is 53.76, as compared to Slone Infosystems IPO P/E ratio of 40.94.

Silkflex Polymers IPO

Slone Infosystems IPO

Financial

Silkflex Polymers (India) Limited Financial Information (Restated)

Silkflex Polymers (India) Limited's revenue increased by 22.74% and profit after tax (PAT) rose by 14.58% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,446.35	2,374.73	1,968.81	1,314.06
Revenue	3,381.55	3,442.25	2,804.52	2,096.07
Profit After Tax	256.66	78.59	68.59	45.35
Net Worth	1,073.28	816.62	738.03	513.51
Reserves and Surplus	260.78	566.62	488.03	308.06
Total Borrowing	1,716.18	1,208.31	994.50	612.81
Amount in ₹ Lakhs

Slone Infosystems Limited Financial Information (Restated)

Slone Infosystems Limited's revenue increased by 15.73% and profit after tax (PAT) rose by 94.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,978.58	1,190.71	1,167.37	929.41
Revenue	3,434.86	3,077.40	2,659.14	1,157.44
Profit After Tax	284.72	74.66	38.31	27.54
Net Worth	1,187.51	210.49	228.70	189.61
Reserves and Surplus	800.61	25.94
Total Borrowing	642.66	681.53	921.15	726.10
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.84%

99.43%

Promoter Shareholding (Post-Issue)

69.89%

73.01%

P/E Ratio

53.76

40.94

Market Cap

₹60.36 Cr.

₹41.63 Cr.

ROE

23.91%%

74%%

ROCE

41.04%%

34.44%%

Debt/Equity

1.6

0.33

EPS

₹0.97

₹1.93

RoNW

23.91%%

23.98%%

Shares Offered

In the Silkflex Polymers IPO retail investors (RII) are offered 16,52,000 shares while in Slone Infosystems IPO retail investors are offered 16,52,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Silkflex Polymers IPO and 0 shares in Slone Infosystems IPO.

	Silkflex Polymers IPO	Slone Infosystems IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,78,000 shares	70,400 shares
QIB	0 shares	0 shares
NII	16,52,000 shares	6,64,000 shares
RII	16,52,000 shares	6,65,600 shares
Employee	0 shares	0 shares
Others
Total	33,04,000 shares	13,29,600 shares

Bids Received (Subscription)

Silkflex Polymers IPO subscribed 39.30x in total, whereas Slone Infosystems IPO subscribed 667.81x.

	Silkflex Polymers IPO	Slone Infosystems IPO
QIB (times)
NII (times)	36.59x	756.88x
Big NII (times)
Small NII (times)
RII (times)	35.97x	540.80x
Employee (times)
Other (times)
Total (times)	39.30x	667.81x

Compare with others

Silkflex Polymers IPO	Slone Infosystems IPO
Piotex Industries IPO	Silkflex Polymers IPO
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Slone Infosystems IPO	ABS Marine Services IPO

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