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Open
28 Sep 2022
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Close
30 Sep 2022
3
Allotment
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Listing
Mon, Oct 10, 2022
Price Band
₹78 per share
Issue Size
27,12,000 shares (agg. up to ₹21 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Oct 10, 2022
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.82x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 41.72 | 22.36 | 17.62 |
| Total Income | 24.68 | 13.76 | 12.28 |
| Profit After Tax | 7.47 | 2.70 | 2.16 |
| NET Worth | 0.00 | 0.00 | 0.00 |
| Reserves and Surplus | 15.98 | 8.52 | 5.82 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Dynamic Services & Security Ltd. | SME | ₹24.13 Cr | ₹51 | null | ₹53.55 | +5.00% | ₹157.90 (-0.19%) |
| CMS Info Systems Ltd. | Mainboard | ₹1,100.00 Cr | ₹216 | null | ₹238.20 | +10.28% | ₹275.65 (+2.66%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
About Silicon Rental Solutions IPO
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.+ Read More
Contact Details
Silicon Rental Solutions Ltd. Address5, Mohini Heights, Ground FloorPlot No.579/580, 5th RoadKhar (West)Mumbai, Maharashtra, 400052+91-22-2605-1930cs@silicongroup1.comVisit Website