Slone Infosystems IPO vs Storage Technologies IPO

Comparison between Slone Infosystems IPO and Storage Technologies IPO.

IPO Details

Slone Infosystems IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Storage Technologies IPO is a SME Bookbuilding proposed to list at BSE SME.

	Slone Infosystems IPO	Storage Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	Jawa Capital Services Pvt.Ltd.	Oneview Corporate Advisors Pvt.Ltd.
Registrar	Kfin Technologies Ltd.	Integrated Registry Management Services Pvt.Ltd.
Market Maker	Aftertrade Broking Pvt.Ltd.	Nikunj Stock Brokers Ltd.
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 ₹10.50 Cr whereas the issue size of the Storage Technologies IPO is up to ₹28.39 Cr. The final issue price of Slone Infosystems IPO is ₹79.00 per share and of Storage Technologies IPO is ₹78.00 per share.

	Slone Infosystems IPO	Storage Technologies 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)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	13,29,600 shares	36,40,000 shares
Fresh Issue Size (Amount)	up to ₹10.50 Cr	up to ₹28.39 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	13,29,600 shares	36,40,000 shares
Issue Size Total (Amount)	up to ₹10.50 Cr	up to ₹28.39 Cr

IPO Timetable

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

	Slone Infosystems IPO	Storage Technologies 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 & KPIs

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

Slone Infosystems IPO

Storage Technologies IPO

Financials

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
Total Income	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
Total Income	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 Individual Investors (RII) are offered 6,65,600 shares while in Storage Technologies IPO retail investors are offered 6,65,600 shares. Qualified Institutional Buyers (QIB) are offered in Slone Infosystems IPO and 7,28,000 shares in Storage Technologies IPO.

	Slone Infosystems IPO	Storage Technologies IPO
Anchor Investor Reserveration		10,89,600 shares
Market Maker Reserveration	70,400 shares	2,00,000 shares
QIB		7,28,000 shares
NII	6,64,000 shares	5,47,200 shares
RII	6,65,600 shares	12,75,200 shares
Employee
Others
Total	13,29,600 shares	36,40,000 shares

Bids Received (Subscription)

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

	Slone Infosystems IPO	Storage Technologies 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

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