What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Slone Infosystems Limited IPO?

Slone Infosystems Limited IPO has received a total subscription of 648.30 times overall.

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Grey Market Intelligence

Slone Infosystems Limited

ListedSME

Information Technology · NSE

Slone Infosystems Limited, founded in December 2022, is a growing name in India's IT sector, offering a wide range of hardware and IT services. The company provides laptops, desktops, servers, and workstations for both sale and rental, catering to corporate clients. It also offers IT solutions like cloud server management and equipment servicing. Committed to quality and security, Slone Infosystems holds ISO certifications in key areas such as safety, information security, environmental management, and quality control. With a team of 8 permanent and 6 contractual employees as of April 2024, the company continues to deliver reliable and innovative IT solutions.

Price Band

₹79

Issue Size

₹11.06 Cr

Lot Size

1600 shares

GMP

₹45

+57.0%

Est. Listing

₹124

at current GMP

Subscribed

648.30x

overall

Open

3 May 2024

7 May 2024

Allotment

8 May 2024

Refund

9 May 2024

Demat Credit

10 May 2024

Listing

10 May 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status

Overall Subscription

648.30x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

756.88x

High Net-Worth

Retail (RII)

539.99x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 648.30x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	664,000	502,571,200	756.88x
RETAIL	665,600	359,414,400	539.99x
Total	1,329,600	861,985,600	648.30x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 547.52x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	306	165,237	539.99x
HNIs (10L +)	2	1,514	756.88x
HNIs (2-10L)	9	6,812	756.88x
Total Applications	317	173,563	547.52x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Slone Infosystems Limited Public Issue & Market Profile

Slone Infosystems Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹11.06 Crores. The shares are offered at a price band of ₹79 to ₹79 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-05-07, the basis of allotment is scheduled to be finalized on 2024-05-08. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Slone Infosystems Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Slone Infosystems Limited IPO is ₹45 per equity share. Based on the upper price band of ₹79 to ₹79 per equity share, the estimated listing price is ₹124 (+57.0% expected listing gain).

What is the expected profit per lot for Slone Infosystems Limited IPO?

With a lot size of 1600 shares and current GMP of ₹45, the expected profit per application lot is approx ₹72,000 (+57.0% gain). Minimum application cost is approx ₹1,26,400.

What is the issue size and price band for Slone Infosystems Limited IPO?

The Slone Infosystems Limited IPO aggregate issue size is ₹11.06 Crores with an equity price band set at ₹79 to ₹79 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,26,400.

How can I check Slone Infosystems Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 648.30x (Retail: 539.99x, QIB: 0.00x, NII: 756.88x). You can track live multiples directly on our dedicated subscription page.

Where and when will Slone Infosystems Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-05-08. Investors can verify status using PAN card or application number.

When is the listing date for Slone Infosystems Limited IPO?

Slone Infosystems Limited shares are scheduled to list on NSE on 2024-05-10.