About Slone Infosystems Limited

In 1999, Mr. Rajesh Srichand Khanna established the IT hardware solutions business under his sole proprietorship, M/s SAM Computers. In year 2022, Mr. Khanna, Slone's Director and Promoter, decided to transition his venture into a corporate entity. Thus, Slone Infosystems Private Limited was formed on December 29, 2022, to take over all operations of M/s SAM Computers. Following this, a Slump Sale Agreement dated March 1, 2023, was signed between Mr. Rajesh Srichand Khanna, proprietor of M/s SAM Computers, and their company, facilitating the acquisition of the entire business of M/s SAM Computers as a going concern.

Slone Infosystems Private Limited classified as Non-govt company and is registered at Registrar of Companies, Mumbai. Its authorized share capital is Rs. 50,000,000 and its paid up capital is Rs. 1,000,000. It is inolved in Other computer related activities [for example maintenance of websites of other firms/ creation of multimedia presentations for other firms etc.] Slone is catering to the Indian market through sales and rental services for a range of equipment including laptops, desktops, servers, and workstations. Additionally, they offer comprehensive IT service solutions, encompassing cloud server management and corporate IT equipment servicing. Their approach is client-centric, providing tailored solutions to meet specific IT requirements. By procuring equipment based on client needs, they offer flexibility and cost advantages, ensuring their clients maximize productivity while staying within budget constraints.

Slone Infosystems takes pride in offering a curated selection of top-tier brands and products that reflect their commitment to quality and innovation. Their dedication to staying ahead of the technology curve ensures that they have access to the latest and most reliable IT hardware. Slone brings to the table an extensive 24 years of experience in the field of IT hardware solution business and have served over 50 happy clients by giving them 24X7 customer support which has resulted in 100% client satisfaction. Notable suppliers trust the company such as Lenovo, Dell, Apple, Asus, HP in their IT hardware solutions. 

Slone Infosystems Risk Factors & Concerns

1. The company have a very limited operating history as a Company, which may make it difficult for investors to evaluate their historical performance or future prospects.
2. The company have incurred indebtedness and an inability to comply with repayment and other covenants in the financing agreements.
3. Company has reported certain negative cash flows from its operating activity, investing activity and financing activity.
4. Slone operate in highly competitive markets, and fragmented market with low entry barrier.
5.  The funds proposed to be utilised for general corporate purposes constitute 11.64 % of the Net Issue Proceeds.
6. Changes in technology render company's current IT equipments obsolete and require them to make substantial capital investments.
7. The business is capital intensive in nature.
8. The deployment of funds raised through this Issue shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of the Company.
9. Security breaches and any disruption to their information technology could adversely impact our business.
10.  Loans availed by the Company has been secured on personal properties and guarantees of their Promoter Director.

Slone Infosystems Strengths & Strategies

1. Wide range of offerings with capability to provide customized and integrated IT solutions.
2. Wide presence in domestic Market with diverse base of customers.
3. Strong relationship with customers.
4. Continue to expand their customer base.
5. Continue to focus on emerging technologies.
6. Optimal Utilization of Resources.