Silicon Rental Solutions Limited IPO

BSE SME

Listed On: Oct 10, 2022 at ₹ 80.0

₹ 124800 /1600 Shares

Check Allotment

Silicon Rental Solutions Limited IPO Details

28 Sep, 2022

Open Date

30 Sep, 2022

Close Date

06 Oct, 2022

Allotment Date

10 Oct, 2022

Listing Date

Issue Price

₹78 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

80.0

Listing Date

2022-10-10

Market Lot

1600 Shares (₹124,800/-)

Lead Manager

Hem Securities Limited

Issue Size

2,712,000 shares of ₹10(aggregating up to ₹21.15 Cr)

Fresh Issue : 2,712,000 shares of ₹10(aggregating up to ₹21.15 Cr)

Retail Portion

N/A

Subscription

2.89 times

IPO Docs

DRHP RHP

Silicon Rental Solutions Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,288,000	1,288,000	2,576,000
Day 1 - 28-09-22 06:00 PM	0.26 x	0.28 x	0.27 x
Day 2 - 29-09-22 06:00 PM	0.86 x	0.93 x	0.90 x
Day 3 - 30-09-22 06:00 PM	2.85 x	2.92 x	2.89 x

Silicon Rental Solutions Limited Valuations

Earnings Per Share (EPS)

₹12.48/-

P/E Ratio

N/A

RoNW

43.95%

Net Asset Value (NAV) - Post Issue

₹28.40/-

Silicon Rental Solutions Limited Company Financials All values are in ₹ Lakh

	31-Mar-22	31-Mar-21	31-Mar-20
Assets	4172.4	2236.45	1762.25
Revenue	2467.91	1375.65	1227.85
Profit After Tax	746.54	270.39	215.5

About The Company

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.

Silicon Rental Solutions Limited - Promoter(s)

Pre Issue Share Holding: 99.79%

Post Issue Share Holding: %

Company Promoter(s)

Sanjay Harish Motiani
Kanchan Sanjay Motiani
Anushka Sanjay Motiani
Nikhil Sanjay Motiani

Silicon Rental Solutions Limited IPO - Issue Objectives

To meet Capital Expenditure requirements relating to IT equipment
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
General Corporate Purpose
Issue expenses

Silicon Rental Solutions Limited IPO - FAQs

Ans. Silicon Rental Solutions Limited IPO is a SME IPO. The issue is priced at ₹78 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Sep 28, 2022, and closes on Sep 30, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Silicon Rental Solutions Limited IPO opens on Sep 28, 2022 and closes on Sep 30, 2022.

Ans. The size of Silicon Rental Solutions Limited IPO is 2,712,000 shares of ₹10(aggregating up to ₹21.15 Cr) Fresh Issue : 2,712,000 shares of ₹10(aggregating up to ₹21.15 Cr).

Ans. The IPO price band is set between ₹78 per equity share.

Ans. To apply for Silicon Rental Solutions Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Silicon Rental Solutions Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Silicon Rental Solutions Limited IPO is Oct 6, 2022.

Ans. The Silicon Rental Solutions Limited IPO will be listed on Oct 10, 2022.

Ans. Follow the steps to check the allotment status for Silicon Rental Solutions Limited IPO here.