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Issue Open Date
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28-Sep-22
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Issue Closing Date
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30-Sep-22
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Application Money
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100
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Allotment Money
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Price Band
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78
-
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Minimium Application No.
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1600
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Issue Size (Shares)
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2712000
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Market Lot
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1
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Objective
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1. To meet Capital Expenditure requirements relating to IT equipments 2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company; 3. General Corporate Purpose 4. Issue expenses
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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3676800
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Qualified Institutional Buyers
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Retail Individual Investors
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3761600
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Business Description
We are an IT equipment outsourcing company, engaged in providing end to end IT equipments on a rental andreturnable basis in India. We 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 ITrequirements, we offer them tailor-made rental schemes that suit their requirements. By providing the IT rental servicesto our customers, we provide them with the flexibility and advantage to acquire the requisite equipments that they needto maximize their productivity without compromising their IT budget. In addition, we also sell the used IT equipmentsto clients as per their requirements. In Fiscal 2022, revenue generated from rental services and sale of used ITequipments represented 92.81% and 7.19% of the total revenue in such period, respectively.
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Promoter's Holding
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Total Share Capital
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7543800
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Offered to Public
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2712000
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Promoter's Holding (Pre-Issue)
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99.79
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Promoter's Holding (Post-Issue)
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73.44
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Address |
5
Mohini Heights
Ground Floor
Plot No. 579/580
5th Road
Khar (West)
Mumbai,
Maharashtra,
400052
Phone : 022 26051930
Email : cs@silicongroup1.com
Website : www.silicongroup1.com
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Registrar |
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
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Listed at |
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BSE
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Lead Manager |
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Hem Securities Ltd.
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Promoters |
Anushka Sanjay Motiani
Kanchan Sanjay Motiani
Nikhil Sanjay Motiani
Sanjay Harish Motiani
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