Slone Infosystems IPO allotment was finalised today. Check the status on the Kfin Technologies Ltd portal. The refund process for non-allotted individuals begins on May 9. The listing date is slated for May 10. Slone Infosystems’ IPO GMP stands at +70. Predicted listing price is ₹149 per share, 88.61% more than the IPO price.
Slone Infosystems IPO allotment date today: Slone Infosystems IPO share allotment will be concluded today (Wednesday, May 8). Investors who applied for the Slone Infosystems IPO can monitor the allotment status through the registrar’s webpage, Kfin Technologies Ltd. Slone Infosystems’ initial public offering (IPO) began on Friday, May 3 and ended on Tuesday, May 7. Slone Infosystems’ IPO subscription status was 667.81 times on the final day of bidding, according to statistics published on chittorgarh.com.
Looking up the basis of allocation allows investors to determine whether or not they have been given shares and in what quantities. The number of allotted shares is also shown on the IPO allotment status. For applicants who were not allocated shares, the corporation will begin the reimbursement process.
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The refund process will begin on Thursday, May 9, for individuals who were not awarded shares. Those who are awarded shares will receive them in their demat accounts on the same day.
Slone Infosystems’ IPO is slated for Friday, May 10.
If you applied for the Slone Infosystems IPO, you can check the allotment status online on the IPO registrar’s website, Kfin Technologies Ltd, today.
Here’s the Slone Infosystems IPO allotment link:
https://ris.kfintech.com/ipostatus/
Step 1:
When you click the aforementioned link, you will see five links where you may see the status.
Step 2:
Choose Slone Infosystems IPO from the drop-down menu in the “Select IPO” section after opening one of the five links that are supplied.
Step 3:
To check the status, select either the PAN, the Demat Account, or the Application No.
Step 4:
– If you select that option, enter the captcha code after the application number. Click “Submit.”
– If you chose Demat Account, enter your account details together with the captcha code. Press “Submit.”
– To use the PAN option, the third one, enter the PAN number and the captcha. Select “Submit.”
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Slone Infosystems IPO GMP today
Slone Infosystems IPO GMP, or grey market premium, is +70. Slone Infosystems’ share price was selling at a premium of ₹70 in the gray market, according to investorgain.com.
Slone Infosystems shares are expected to list for ₹149 per share, which is 88.61% higher than the IPO price of ₹79.
Based on the grey market’s actions over the last 11 sessions, the IPO GMP indicates an upward trend and predicts a strong listing today. Analysts at investorgain.com estimate the lowest GMP at ₹20 and the highest at ₹70.
The ‘grey market premium’ shows that investors are willing to pay more than the issue price.