Slone Infosystems IPO vs Storage Technologies Racks and Rollers IPO

Comparision between Slone Infosystems IPO and Storage Technologies Racks and Rollers IPO.

IPO Details

Slone Infosystems IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Storage Technologies Racks and Rollers IPO is a SME Book Built Issue proposed to list at BSE SME.

	Slone Infosystems IPO	Storage Technologies Racks and Rollers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Jawa Capital Services Private Limited	Oneview Corporate Advisors Private Limited
Registrar	Kfin Technologies Limited	Integrated Registry Management Services Private Limited
Market Maker	Aftertrade Broking Pvt Ltd	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Slone Infosystems IPO is up to ₹11.06 Cr whereas the issue size of the Storage Technologies Racks and Rollers IPO is up to ₹29.95 Cr. The final issue price of Slone Infosystems IPO is ₹79.00 per share and of Storage Technologies Racks and Rollers IPO is ₹78.00 per share.

	Slone Infosystems IPO	Storage Technologies Racks and Rollers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹73.00 per share
Issue Price (Upper)		₹78.00 per share
Issue Price (Final)	₹79.00 per share	₹78.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	14,00,000 shares	38,40,000 shares
Fresh Issue Size (Amount)	up to ₹11.06 Cr	up to ₹29.95 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,00,000 shares	38,40,000 shares
Issue Size Total (Amount)	up to ₹11.06 Cr	up to ₹29.95 Cr

IPO Timetable

Slone Infosystems IPO opens on May 03, 2024, while Storage Technologies Racks and Rollers IPO opens on Apr 30, 2024. The closing date of Slone Infosystems IPO and Storage Technologies Racks and Rollers IPO is May 07, 2024, and May 03, 2024, respectively.

	Slone Infosystems IPO	Storage Technologies Racks and Rollers IPO
Anchor Bid Date		Apr 29, 2024
Issue Open	May 03, 2024	Apr 30, 2024
Issue Close	May 07, 2024	May 03, 2024
Basis Of Allotment (Tentative)	May 08, 2024	May 06, 2024
Initiation of Refunds (Tentative)	May 09, 2024	May 07, 2024
Credit of Share (Tentative)	May 09, 2024	May 07, 2024
Listing date (Tentative)	May 10, 2024	May 08, 2024
Anchor Lockin End date 1		Jun 05, 2024
Anchor Lockin End date 2		Aug 04, 2024

Financials

Slone Infosystems IPO P/E ratio is 40.94, as compared to Storage Technologies Racks and Rollers IPO P/E ratio of 48.45.

Slone Infosystems IPO

Storage Technologies Racks and Rollers IPO

Financial

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

Storage Technologies & Automation Ltd Financial Information (Restated Consolidated)

Storage Technologies & Automation Ltd's revenue increased by 16.42% and profit after tax (PAT) rose by 335.72% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Oct 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,375.77	4,004.01	3,567.70	3,113.04
Revenue	5,317.09	8,137.12	6,989.72	4,852.38
Profit After Tax	358.91	48.30	-20.49	118.42
Net Worth	953.52	594.61	546.31	566.81
Reserves and Surplus	653.52	294.61	246.31	466.81
Total Borrowing	1,632.53	931.63	871.10	347.48
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.43%

100.00%

Promoter Shareholding (Post-Issue)

73.01%

70.09%

P/E Ratio

40.94

48.45

Market Cap

₹41.63 Cr.

ROE

74%%

46.37%%

ROCE

34.44%%

22.52%%

Debt/Equity

0.33

EPS

₹1.93

₹11.96

RoNW

23.98%%

37.64%%

Shares Offered

In the Slone Infosystems IPO retail investors (RII) are offered 6,65,600 shares while in Storage Technologies Racks and Rollers IPO retail investors are offered 6,65,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in Slone Infosystems IPO and 7,28,000 shares in Storage Technologies Racks and Rollers IPO.

	Slone Infosystems IPO	Storage Technologies Racks and Rollers IPO
Anchor Investor Reserveration		10,89,600 shares
Market Maker Reserveration	70,400 shares	2,00,000 shares
QIB	0 shares	7,28,000 shares
NII	6,64,000 shares	5,47,200 shares
RII	6,65,600 shares	12,75,200 shares
Employee	0 shares	0 shares
Others
Total	13,29,600 shares	25,50,400 shares

Bids Received (Subscription)

Slone Infosystems IPO subscribed 667.81x in total, whereas Storage Technologies Racks and Rollers IPO subscribed 278.82x.

	Slone Infosystems IPO	Storage Technologies Racks and Rollers IPO
QIB (times)		117.86x
NII (times)	756.88x	577.02x
Big NII (times)
Small NII (times)
RII (times)	540.80x	242.74x
Employee (times)
Other (times)
Total (times)	667.81x	278.82x

Compare with others

Slone Infosystems IPO	Storage Technologies Racks and Rollers IPO
Silkflex Polymers IPO	Refractory Shapes IPO
Energy Mission Machineries IPO	Winsol Engineers IPO
TGIF Agribusiness IPO	Slone Infosystems IPO
Refractory Shapes IPO	Sai Swami Metals and Alloys IPO
Winsol Engineers IPO	Amkay Products IPO
Sai Swami Metals and Alloys IPO	Mandeep Auto Industries IPO
Amkay Products IPO	ABS Marine Services IPO
Storage Technologies Racks and Rollers IPO	Shivam Chemicals IPO
Mandeep Auto Industries IPO	Varyaa Creations IPO
ABS Marine Services IPO	Faalcon Concepts IPO

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