Silicon Rental Solutions Limited
BSE SME₹124,800 / 1600 Shares
Silicon Rental Solutions Limited IPO Details
The Silicon Rental Solutions Limited IPO price band is set between ₹78 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 28 Sep, 2022 and closes on 30 Sep, 2022. Investors can check the allotment status on 6 Oct, 2022, while the listing date is tentatively scheduled for 10 Oct, 2022.
The total issue size is 2,712,000 shares of ₹10, aggregating up to ₹21.15 Cr. Stay tuned for the latest Silicon Rental Solutions Limited IPO review and GMP updates.
Silicon Rental Solutions Limited IPO Review, Rating & Analysis
Silicon Rental Solutions Limited IPO Review
NO REVIEWSilicon Rental Solutions Limited IPO Rating
Silicon Rental Solutions Limited IPO Highlights
IPO Date
Sep 28, 2022 - Sep 30, 2022
Listing Date
10 Oct, 2022
Face Value
₹10 Per Equity Share
Price Band
₹78 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Silicon Rental Solutions Limited IPO Lot Size
The minimum market lot for Silicon Rental Solutions Limited IPO is 1600 shares with an application amount of ₹1,24,800. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,24,800 |
| Retail (Max) | 1 | 1600 | ₹1,24,800 |
| S-HNI (Min) | 2 | 3200 | ₹2,49,600 |
| S-HNI (Max) | 8 | 12800 | ₹9,98,400 |
| B-HNI (Min) | 9 | 14400 | ₹11,23,200 |
Silicon Rental Solutions Limited IPO Timeline
Issue Price
₹78 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Hem Securities LimitedIssue 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)Silicon Rental Solutions Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 4172.4 | 2467.91 | 746.54 | - | - | - |
| 31 Mar 21 | 2236.45 | 1375.65 | 270.39 | - | - | - |
| 31 Mar 20 | 1762.25 | 1227.85 | 215.5 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Sanjay Harish Motiani
- Kanchan Sanjay Motiani
- Anushka Sanjay Motiani
- Nikhil Sanjay Motiani
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.79% | % |
About 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 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 |
Frequently Asked Questions about Silicon Rental Solutions Limited IPO
When will Silicon Rental Solutions Limited IPO open for subscription?
The Silicon Rental Solutions Limited IPO opens on 28 Sep, 2022 and closes on 30 Sep, 2022.
What is the investors portion for Silicon Rental Solutions Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1288000.
How to apply for Silicon Rental Solutions Limited IPO?
You can apply for Silicon Rental Solutions Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Silicon Rental Solutions Limited IPO?
The issue size of Silicon Rental Solutions Limited IPO is approx ₹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) crores.
What is the price band of Silicon Rental Solutions Limited IPO?
The price band for Silicon Rental Solutions Limited IPO is ₹78 per equity share to ₹undefined.
What is the lot size of Silicon Rental Solutions Limited IPO?
The minimum bid (lot size) for Silicon Rental Solutions Limited IPO is N/A shares with an investment of approx ₹124,800 .
What is the allotment date of Silicon Rental Solutions Limited IPO?
The allotment date for Silicon Rental Solutions Limited IPO is 6 Oct, 2022.
What is the listing date of Silicon Rental Solutions Limited IPO?
The listing date for Silicon Rental Solutions Limited IPO is expected to be 10 Oct, 2022.
What is the GMP of Silicon Rental Solutions Limited IPO?
The latest Grey Market Premium (GMP) for Silicon Rental Solutions Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.