Silicon Rental Solutions Limited

Offer PeriodSep 28, 2022 – Sep 30, 2022

Sep 28, 2022 – Sep 30, 2022

BSE - SMEListed

Listed Price:

₹80.00

(+2.56%)

Price Band₹78 - ₹78

Lot Size1,600 Shares

Allotment DateOct 06, 2022

Listing DateOct 10, 2022

Subscription2.89 Times

Issue Size₹21.15 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹4
(5.13%)

Premium (ELP)

Silicon Rental Solutions Limited's achieved publicly listed status following its IPO debut on Oct 10, 2022 at the BSE platform. The offering successfully mobilized 27,12,000 Shares, with 27,12,000 Shares allocated to corporate growth initiatives.

Investment participation occurred within the established price band of ₹78 to ₹78, starting from minimum lots of 1600 shares. The subscription window from Sep 28, 2022 through Sep 30, 2022 enabled investor participation across market segments.

Share allocation was completed on Oct 06, 2022, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Silicon Rental IPO Details

IPO Date

Sep 28, 2022 to Sep 30, 2022

Allotment Date

Oct 06, 2022

List Date

Oct 10, 2022

Lot Size

1,600 share

Issue Price

₹78 - ₹78

Issue Size

27,12,000 (aggregating up to 21.15 Cr)

Fresh Issue

27,12,000 (aggregating up to 21.15 Cr)

Offer For Sale

Listing At

BSE

Share Holding Pre-Issue

75,60,000

Share Holding Post-Issue

1,02,72,000

Market Marker Portion

1,36,000

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	1600	1,24,800
HNI	2	3200	2,49,600

IPO Reservation

Shares27,12,000

Market Maker

5.01%(1,36,000)

NII (HNI)

47.49%(12,88,000)

RETAIL

47.49%(12,88,000)

Total

100.00%(27,12,000)

Silicon Rental IPO Key Performance Indicators

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KPI

KPI
No data

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Company Financials (In Lakhs)

Period Ended	Mar-20	Mar-21	Mar-22

Period Ended	Mar-20	Mar-21	Mar-22
Assets	1762.25	2236.45	4172.4
Revenue	1227.85	1375.65	2467.91
Net Worth	0	0	0
Profit After Tax	215.5	270.39	746.54
Reserves And Surpluse	581.54	851.93	1598.47
Total Borrowing	0	0	0

Silicon Rental IPO About Company

Incorporated in 2016, Silicon Rentals Solutions Limited is an IT equipment outsourcing company that provides end-to-end rental services for laptops, desktops, printers, servers and peripherals such as CCTV cameras, projectors and storage devices to small, medium and large enterprises across India. The company offers flexible rental durations ranging from a single day to 36 months, serving clients in nearly 16 states and 3 Union Territories. Backed by a trained engineering team for on-site support and maintenance, Silicon Rentals operates through its registered office in Mumbai along with branch offices in Pune, New Delhi and Kolkata.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Silicon Rental IPO Strength Factors

⚠️Silicon Rental IPO Risk Factors

🏦Silicon Rental IPO Lead Manager(s)

Hem Securities Limited

👤Silicon Rental IPO Promoter(s)

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

🏢Silicon Rental IPO Company Details

Silicon Rental Solutions Limited

Email:cs@silicongroup1.com

Phone:+91-22-2605-1930

Website:http://www.silicongroup1.com/

address:5, Mohini Heights, Ground Floor, Plot No. 579/580, 5th Road, Khar (West), Mumbai, 400052

📋Silicon Rental IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited

Phone:+91-22-6263 8200

Email:ipo@bigshareonline.com

Website:https://ipo.bigshareonline.com/ipo_status.html

❓Silicon Rental IPO FAQs

Silicon Rental IPO is a main-board IPO of 27,12,000 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹78 - ₹78 per share. The minimum order quantity is .The IPO opens on Sep 28, 2022, and closes on Sep 30, 2022. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Silicon Rental IPO using UPI as a payment gateway. Zerodha customers can apply in Silicon Rental IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Silicon Rental IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Silicon Rental IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

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

You can apply in Silicon Rental IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Silicon Rental IPO will be done on Oct 06, 2022, and the allotted shares will be credited to your demat account by Oct 06, 2022

Silicon Rental IPO's listing date is Oct 10, 2022.

Silicon Rental Solutions Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹4(5.13%)

Premium (ELP)

₹4
(5.13%)