Slone Infosystems IPO Allotment Date Today: Investors eagerly await the finalization of Slone Infosystems IPO share allotment today, Wednesday, May 8. Applicants can check their Slone Infosystems IPO allotment status on the registrar’s portal, managed by Kfin Technologies Ltd. The IPO subscription period for Slone Infosystems ran from Friday, May 3, to Tuesday, May 7, with the subscription status reaching an impressive 667.81 times on the closing day, as per data from chittorgarh.com.
Investors can ascertain their share allocation and quantity through the basis of allocation. For those not allotted shares, the refund process will commence on Thursday, May 9. On the same day, those who have been allocated shares will find them credited to their demat accounts.
Slone Infosystems is set to make its debut on the stock market on Friday, May 10.
Applicants can conveniently check their IPO allotment status online via the website of the IPO registrar, Kfin Technologies Ltd, using the following link: https://ris.kfintech.com/ipostatus/.
Here’s a step-by-step guide to checking the Slone Infosystems IPO allotment status:
Step 1: Visit the provided link and select Slone Infosystems IPO from the dropdown menu under “Select IPO.”
Step 2: Choose the preferred option for checking status – PAN, Demat Account, or Application No.
Step 3: Enter the required details along with the captcha code, then click “Submit.”
Slone Infosystems IPO Grey Market Premium Today:
The grey market premium (GMP) for Slone Infosystems IPO stands at +70, indicating a premium of ₹70 in the grey market, according to investorgain.com. Analysts predict that Slone Infosystems shares may list at ₹149 per share, representing an 88.61% increase over the IPO price of ₹79.
Based on recent trends in the grey market, the IPO GMP suggests a strong listing today, with analysts estimating the range to be between ₹20 and ₹70.
The grey market premium reflects investors’ willingness to pay above the issue price.
Disclaimer: The opinions and recommendations mentioned above are from individual analysts, experts, and brokerage firms, and not from LegalParivar. It’s advisable for investors to consult certified experts before making investment decisions.