59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Silicon Rental Solutions Limited IPO (Silicon Rental Solutions IPO) Detail

Silicon Rental Solutions IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Information Technology - Hardware sector. Hem Securities is the merchant banker of Silicon Rental Solutions IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 1st September 2022.

Silicon Rental Solutions IPO open date is 28th September 2022 and close date is 30th September 2022. IPO Allotment Date is 6th October 2022 and Listing date is 10th October 2022.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

IPO Key Highlights

  • IPO Size: ₹ 21.15 Cr. Avg IPO Size (Sector Based) : ₹ 40.86 cr.
  • Sector: Information Technology - Hardware SME IPO so far: 9
  • Merchant Banker: Hem Securities SME IPO by BRLM so far: 126
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): ₹ 24.68 cr.
            (annualised): ₹ 7.47 cr.
  • PE Ratio: 10.73x Average Sector PE Ratio: 22.44x

Silicon Rental Solutions IPO Date

Date of DRHP:
1st September 2022
IPO Open Date:
28th September 2022
IPO Closing Date:
30th September 2022
IPO Allotment Date:
6th October 2022
Initiation of Refund:
7th October 2022
IPO Listing Date:
10th October 2022

Silicon Rental IPO Info, Size, Subscription

Silicon Rental Solutions IPO size is ₹ 21.15 Cr. with IPO price of ₹ 78.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 21.15 Cr.

Issue Price:
₹ 78.00

Market Capitalisation :
₹ 80.12 Cr.

PE multiple :
10.73

Subscription :
2.89 times

Pre Issue Promoter Holding :
99.79 %

Post Issue Promoter Holding :
73.44 %

Silicon Rental Solutions IPO Information

Sub Sector : equipment outsourcing company
Silicon Rental Solutions is an IT equipment outsourcing company, engaged in providing end to end IT equipment on a rental and returnable basis in India. They provide laptops, desktops, printers, servers and other peripherals like CCTV cameras, projectors, storage devices etc. on rental basis mainly to small, medium and large corporate. Based on the client’s IT requirements, they offer them tailor-made rental schemes that suit their requirements. By providing the IT rental services to Their customers, they provide them with the flexibility and advantage to acquire the requisite equipment that they need to maximize their productivity without compromising their IT budget. In addition, they also sell the used IT equipment to clients as per their requirements. In Fiscal 2022, revenue generated from rental services and
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Object of Issue (Silicon Rental IPO 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

Hem Securities Limited is the book-running lead manager of the Silicon Rental Solutions IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Securities Limited for Silicon Rental Solutions IPO.

Silicon Rental IPO Market Maker

Hem Securities Limited

Silicon Rental IPO Registrar (RTA)

Bigshare Services Private Limited

Silicon Rental IPO Lead Manager (BRLM)

Hem Securities Limited

Silicon Rental Solutions IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Silicon Rental Solutions IPO?

Silicon Rental Solutions IPO, based in Mumbai, operates in the   Information Technology - Hardware sector with a focus on equipment outsourcing company. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Silicon Rental Solutions IPO size is ₹ 21.15 Cr. with fresh issue size of ₹ 21.15 Cr. and Offer for sale being ₹ Nil

When is Silicon Rental IPO allotment?

The IPO allotment date for Silicon Rental Solutions IPO is expected to be 6th October 2022, after the finalization of basis of allotment. Investors can check Silicon Rental Solutions IPO allotment status on the registrars website, Bigshare Services Private Limited. Silicon Rental Solutions IPO refund dates are 7th October 2022.

When is Silicon Rental Solutions IPO listing date?

Silicon Rental Solutions IPO is expected to be listed on 10th October 2022.

What is the price band for Silicon Rental IPO?

The upper price band for the Silicon Rental Solutions IPO is set at ₹ 78.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Silicon Rental Solutions IPO Review?

For IPO analysis on Silicon Rental Solutions IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Silicon Rental Solutions IPO?

To apply for the Silicon Rental Solutions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 30th September 2022. After submission, funds are blocked until the basis of allotment of Silicon Rental Solutions IPO is finalised.

Who is the merchant banker of Silicon Rental IPO?

The merchant banker for Silicon Rental Solutions IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Silicon Rental Solutions IPO RHP for further details.

Who is the Registrar of Silicon Rental Solutions IPO?

The registrar for Silicon Rental Solutions IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Silicon Rental Solutions IPO through their official website or helpline.

What is the Silicon Rental Solutions IPO subscription?

Silicon Rental Solutions IPO was subscribed 2.89 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 21.15 Cr. Avg IPO Size (Sector Based) : ₹ 40.86 Cr.
  • Sector: Information Technology - Hardware SME IPO so far: 9
  • Merchant Banker: Hem Securities SME IPO by BRLM so far: 126
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): ₹ 24.61 cr.
            PAT: (annualised): ₹ 7.47 cr.
  • PE Ratio: 10.73x Average Sector PE Ratio: 22.44x
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FAQs

Silicon Rental Solutions IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Silicon Rental Solutions Financial Review Page

Silicon Rental Solutions IPO subscription was 2.89 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Silicon Rental Solutions IPO listed at a listing price of 84.00 against the offer price of 78.00.

The current market price of Silicon Rental Solutions is 209.20.

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