Slone Infosystems IPO vs TGIF Agribusiness IPO

Comparison between Slone Infosystems IPO and TGIF Agribusiness IPO.

IPO Details

Slone Infosystems IPO is a SME Fixed Price IPO proposed to list at NSE SME while TGIF Agribusiness IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Slone Infosystems IPO is up to ₹10.50 Cr whereas the issue size of the TGIF Agribusiness IPO is up to ₹6.07 Cr. The final issue price of Slone Infosystems IPO is ₹79.00 per share and of TGIF Agribusiness IPO is ₹93.00 per share.

 Slone Infosystems IPOTGIF Agribusiness IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹79.00 per share₹93.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares1200 shares
Fresh Issue Size13,29,600 shares6,52,800 shares
Fresh Issue Size (Amount)up to ₹10.50 Crup to ₹6.07 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,29,600 shares6,52,800 shares
Issue Size Total (Amount)up to ₹10.50 Crup to ₹6.07 Cr

IPO Timetable

Slone Infosystems IPO opens on May 03, 2024, while TGIF Agribusiness IPO opens on May 08, 2024. The closing date of Slone Infosystems IPO and TGIF Agribusiness IPO is May 07, 2024, and May 10, 2024, respectively.

 Slone Infosystems IPOTGIF Agribusiness IPO
Issue OpenMay 03, 2024May 08, 2024
Issue CloseMay 07, 2024May 10, 2024
Basis Of Allotment (Tentative)May 08, 2024May 13, 2024
Initiation of Refunds (Tentative)May 09, 2024May 14, 2024
Credit of Share (Tentative)May 09, 2024May 14, 2024
Listing date (Tentative)May 10, 2024May 15, 2024

Financials & KPIs

Slone Infosystems IPO P/E ratio is 40.94, as compared to TGIF Agribusiness IPO P/E ratio of 13.58.

 Slone Infosystems IPOTGIF Agribusiness IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets19.7911.9111.679.29
Total Income34.3530.7726.5911.57
Profit After Tax2.850.750.380.28
NET Worth11.882.102.291.90
Reserves and Surplus8.010.26
Total Borrowing6.436.829.217.26
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Nov 202331 Mar 202331 Mar 202231 Mar 2021
Assets2.821.880.652.92
Total Income1.722.322.071.82
Profit After Tax0.811.301.150.38
NET Worth1.901.760.462.58
Total Borrowing0.67
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.43%99.8%
Promoter Shareholding (Post-Issue)73.01%73.28%
P/E Ratio40.9413.58
Market Cap₹41.63 Cr.₹24.06 Cr.
ROE74
ROCE34.44
Debt/Equity0.33
EPS₹1.93₹6.85
RoNW23.9842.85

Shares Offered

In the Slone Infosystems IPO Retail Individual Investors (RII) are offered 6,65,600 shares while in TGIF Agribusiness IPO retail investors are offered 6,65,600 shares. Qualified Institutional Buyers (QIB) are offered in Slone Infosystems IPO and in TGIF Agribusiness IPO.

 Slone Infosystems IPOTGIF Agribusiness IPO
Market Maker Reservation70,400 shares34,800 shares
NII6,64,000 shares3,26,400 shares
RII6,65,600 shares3,26,400 shares
Total13,29,600 shares6,52,800 shares

Bids Received (Subscription)

Slone Infosystems IPO subscribed 648.71x in total, whereas TGIF Agribusiness IPO subscribed 34.13x.

 Slone Infosystems IPOTGIF Agribusiness IPO
NII (times)756.88x35.35x
RII (times)540.80x32.92x
Total (times)648.71x34.13x

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