Silicon Rental Solutions Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,288,000 (47%) | — | ₹1,005 Cr |
| Retail | — | 1,288,000 (47%) | — | ₹1,005 Cr |
| Market Maker | — | 136,000 (5%) | — | ₹11 Cr |
| Σ Total | — | 2,712,000 (100%) | — | ₹21,154 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹124,800 |
| Retail (Max) | 13 | 20,800 | ₹1,622,400 |
| S-HNI (Min) | 14 | 22,400 | ₹1,747,200 |
| B-HNI (Min) | 67 | 107,200 | ₹8,361,600 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue | 1,228 | 1,376 | 2,468 |
| Profit After Tax | 216 | 270 | 747 |
| Total Assets | 1,762 | 2,236 | 4,172 |
| Reserves & Surplus | 582 | 852 | 1,598 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet Capital Expenditure requirements relating to IT equipments – 8.55
- 2 Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company – 8.50
- 3 General Corporate Purpose – 2.59
Company Overview
Incorporated in 2016, Silicon Rentals Solutions Limited is an IT equipment outsourcing company, engaged in providing end-to-end IT equipment on a rental and returnable basis in India. The company provides laptops, desktops, printers, servers and other peripherals like CCTV cameras, projectors, storage devices, etc., mainly to small, medium and large corporate.
The company supports enterprises by providing them with the required IT products and equipment of major brands for a short period ranging from 1 day to a longer period up to 36 months based on the customer requirements.
The company provides IT renting services to the client base present in almost 16 states and 3 Union Territories across India. Silicon Rentals Solutions also has a trained and dedicated team of engineers who are capable of providing the support and maintenance of the hired equipment.
The company has a registered office located in Mumbai and Branch offices in Pune, New Delhi and Kolkata.