
Technology / IT Hardware Services · BSE
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.
Price Band
₹78
Issue Size
₹21.15 Cr
Lot Size
1600 shares
GMP
+5.1%
Est. Listing
₹82
at current GMP
Subscribed
2.89x
overall
Open
28 Sep 2022
Close
30 Sep 2022
Allotment
6 Oct 2022
Refund
7 Oct 2022
Demat Credit
8 Oct 2022
Listing
10 Oct 2022
Overall Subscription
2.89x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,355,769 | — | 0.00x |
| Non-Institutional (NII / HNI) | 406,731 | — | 0.00x |
| Retail Individual (RII) | 949,038 | — | 0.00x |
| Total | 2,711,538 | 0 | 2.89x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 593 | 1,714 | 2.89x |
| HNIs (10L +) | 4 | 12 | 3.00x |
| HNIs (2-10L) | 18 | 52 | 2.89x |
| Total Applications | 615 | 1,778 | 2.89x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Silicon Rental Solutions Limited is bringing an initial public offering (IPO) in the Technology / IT Hardware Services sector with an aggregate issue size of ₹21.15 Crores. The shares are offered at a price band of ₹78 to ₹78 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,24,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-10-08, while un-allotted funds or UPI block mandates will be released on 2022-10-07.
The latest Grey Market Premium (GMP) for Silicon Rental Solutions Limited IPO is ₹4 per equity share. Based on the upper price band of ₹78 to ₹78 per equity share, the estimated listing price is ₹82 (+5.1% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹4, the expected profit per application lot is approx ₹6,400 (+5.1% gain). Minimum application cost is approx ₹1,24,800.
The Silicon Rental Solutions Limited IPO aggregate issue size is ₹21.15 Crores with an equity price band set at ₹78 to ₹78 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,24,800.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.89x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-10-06. Investors can verify status using PAN card or application number.
Silicon Rental Solutions Limited shares are scheduled to list on BSE on 2022-10-10.