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Silkflex Polymers IPO vs Slone Infosystems IPO

Comparison between Silkflex Polymers IPO and Slone Infosystems IPO.

IPO Details

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

 Silkflex Polymers IPOSlone Infosystems IPO
LogoSilkflex Polymers IPO LogoSlone Infosystems IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersShreni Shares Ltd.Jawa Capital Services Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerShreni Shares Ltd.Aftertrade Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Silkflex Polymers IPO is up to ₹17.18 Cr whereas the issue size of the Slone Infosystems IPO is up to ₹10.50 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 IPOSlone 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)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size33,04,000 shares13,29,600 shares
Fresh Issue Size (Amount)up to ₹17.18 Crup to ₹10.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total33,04,000 shares13,29,600 shares
Issue Size Total (Amount)up to ₹17.18 Crup to ₹10.50 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 IPOSlone Infosystems IPO
Anchor Bid Date
Issue OpenMay 07, 2024May 03, 2024
Issue CloseMay 10, 2024May 07, 2024
Basis Of Allotment (Tentative)May 13, 2024May 08, 2024
Initiation of Refunds (Tentative)May 14, 2024May 09, 2024
Credit of Share (Tentative)May 14, 2024May 09, 2024
Listing date (Tentative)May 15, 2024May 10, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

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

 Silkflex Polymers IPOSlone Infosystems IPO
Financials

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 Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,446.352,374.731,968.811,314.06
Total Income3,381.553,442.252,804.522,096.07
Profit After Tax256.6678.5968.5945.35
Net Worth1,073.28816.62738.03513.51
Reserves and Surplus260.78566.62488.03308.06
Total Borrowing1,716.181,208.31994.50612.81
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 Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,978.581,190.711,167.37929.41
Total Income3,434.863,077.402,659.141,157.44
Profit After Tax284.7274.6638.3127.54
Net Worth1,187.51210.49228.70189.61
Reserves and Surplus800.6125.94
Total Borrowing642.66681.53921.15726.10
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.8499.43
Promoter Shareholding (Post-Issue)69.8973.01
P/E Ratio53.7640.94
Market Cap₹60.36 Cr.₹41.63 Cr.
ROE23.91%74%
ROCE41.04%34.44%
Debt/Equity1.600.33
EPS₹0.97₹1.93
RoNW23.91%23.98%

Shares Offered

In the Silkflex Polymers IPO Retail Individual 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 in Silkflex Polymers IPO and in Slone Infosystems IPO.

 Silkflex Polymers IPOSlone Infosystems IPO
Anchor Investor Reserveration
Market Maker Reserveration1,78,000 shares70,400 shares
QIB
NII16,52,000 shares6,64,000 shares
RII16,52,000 shares6,65,600 shares
Employee
Others
Total33,04,000 shares13,29,600 shares

Bids Received (Subscription)

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

 Silkflex Polymers IPOSlone Infosystems IPO
QIB (times)
NII (times)36.59x756.88x
Big NII (times)
Small NII (times)
RII (times)35.97x540.80x
Employee (times)
Other (times)
Total (times)39.30x667.81x