Slone Infosystems IPO vs TGIF Agribusiness IPO

Comparision between Slone Infosystems IPO and TGIF Agribusiness IPO.

IPO Details

Slone Infosystems IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while TGIF Agribusiness IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Slone Infosystems IPO	TGIF Agribusiness IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Jawa Capital Services Private Limited	Hem Securities Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Aftertrade Broking Pvt Ltd	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Slone Infosystems IPO is up to ₹11.06 Cr whereas the issue size of the TGIF Agribusiness IPO is up to ₹6.39 Cr. The final issue price of Slone Infosystems IPO is ₹79.00 per share and of TGIF Agribusiness IPO is ₹93.00 per share.

	Slone Infosystems IPO	TGIF Agribusiness IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹79.00 per share	₹93.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	14,00,000 shares	6,87,600 shares
Fresh Issue Size (Amount)	up to ₹11.06 Cr	up to ₹6.39 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,00,000 shares	6,87,600 shares
Issue Size Total (Amount)	up to ₹11.06 Cr	up to ₹6.39 Cr

IPO Timetable

Slone Infosystems IPO opens on May 03, 2024, while TGIF Agribusiness IPO opens on May 08, 2024. The closing date of Slone Infosystems IPO and TGIF Agribusiness IPO is May 07, 2024, and May 10, 2024, respectively.

	Slone Infosystems IPO	TGIF Agribusiness IPO
Anchor Bid Date
Issue Open	May 03, 2024	May 08, 2024
Issue Close	May 07, 2024	May 10, 2024
Basis Of Allotment (Tentative)	May 08, 2024	May 13, 2024
Initiation of Refunds (Tentative)	May 09, 2024	May 14, 2024
Credit of Share (Tentative)	May 09, 2024	May 14, 2024
Listing date (Tentative)	May 10, 2024	May 15, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Slone Infosystems IPO P/E ratio is 40.94, as compared to TGIF Agribusiness IPO P/E ratio of 13.58.

Slone Infosystems IPO

TGIF Agribusiness IPO

Financial

Slone Infosystems Limited Financial Information (Restated)

Slone Infosystems Limited's revenue increased by 15.73% and profit after tax (PAT) rose by 94.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,978.58	1,190.71	1,167.37	929.41
Revenue	3,434.86	3,077.40	2,659.14	1,157.44
Profit After Tax	284.72	74.66	38.31	27.54
Net Worth	1,187.51	210.49	228.70	189.61
Reserves and Surplus	800.61	25.94
Total Borrowing	642.66	681.53	921.15	726.10
Amount in ₹ Lakhs

TGIF Agribusiness Limited Financial Information (Restated)

TGIF Agribusiness Limited's revenue increased by 12.14% and profit after tax (PAT) rose by 12.63% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Nov 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	282.32	187.52	65.33	291.62
Revenue	171.79	232.28	207.14	181.59
Profit After Tax	81.41	130.07	115.48	38.18
Net Worth	190.00	175.89	45.82	257.91
Total Borrowing	67.30
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.43%

99.80%

Promoter Shareholding (Post-Issue)

73.01%

73.28%

P/E Ratio

40.94

13.58

Market Cap

₹41.63 Cr.

₹24.06 Cr.

ROE

74%%

ROCE

34.44%%

Debt/Equity

0.33

EPS

₹1.93

₹6.85

RoNW

23.98%%

42.85%

Shares Offered

In the Slone Infosystems IPO retail investors (RII) are offered 6,65,600 shares while in TGIF Agribusiness IPO retail investors are offered 6,65,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in Slone Infosystems IPO and 0 shares in TGIF Agribusiness IPO.

	Slone Infosystems IPO	TGIF Agribusiness IPO
Anchor Investor Reserveration
Market Maker Reserveration	70,400 shares	34,800 shares
QIB	0 shares	0 shares
NII	6,64,000 shares	3,26,400 shares
RII	6,65,600 shares	3,26,400 shares
Employee	0 shares	0 shares
Others
Total	13,29,600 shares	6,52,800 shares

Bids Received (Subscription)

Slone Infosystems IPO subscribed 667.81x in total, whereas TGIF Agribusiness IPO subscribed 37.13x.

	Slone Infosystems IPO	TGIF Agribusiness IPO
QIB (times)
NII (times)	756.88x	35.35x
Big NII (times)
Small NII (times)
RII (times)	540.80x	32.92x
Employee (times)
Other (times)
Total (times)	667.81x	37.13x

Compare with others

Slone Infosystems IPO	TGIF Agribusiness IPO
Silkflex Polymers IPO	Indian Emulsifier IPO
Energy Mission Machineries IPO	Aztec Fluids & Machinery IPO
TGIF Agribusiness IPO	Premier Roadlines IPO
Refractory Shapes IPO	Silkflex Polymers IPO
Winsol Engineers IPO	Energy Mission Machineries IPO
Sai Swami Metals and Alloys IPO	Refractory Shapes IPO
Amkay Products IPO	Winsol Engineers IPO
Storage Technologies Racks and Rollers IPO	Slone Infosystems IPO
Mandeep Auto Industries IPO	Sai Swami Metals and Alloys IPO
ABS Marine Services IPO	Amkay Products IPO

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