Kronox Lab Sciences Limited IPO Allotment Status: Here’s How To Check Status And Latest GMP

June 5, 2024 IPO 2 min read
Kronox Lab Sciences Limited IPO Allotment Status

Valued at Rs 130.15 crores, the Kronox Lab Sciences IPO is a book-built issue which comprises an offer for sale of 0.96 crore shares.

The Kronox Lab Sciences IPO opened on June 3, 2024, and closed on June 5, 2024. The allotment for the Kronox Lab Sciences IPO is expected to be finalised on Thursday, June 6, 2024, and it will be listed on BSE and NSE with a tentative listing date fixed as Monday, June 10, 2024.

The minimum lot size is 110 shares with the price band set at ₹129 to ₹136 per share. Retail investors are required to make a minimum investment of ₹14,960. For sNII, the minimum lot size is 14 lots (1,540 shares), amounting to ₹209,440. As for bNII, the minimum lot size is 67 lots (7,370 shares), amounting to an investment of ₹10,02,320.

Pantomath Capital Advisors Pvt Ltd is the Book Running Lead Manager (BRLM) for Kronox Lab Sciences Limited IPO, while Kfin Technologies Limited is the registrar to the issue.

Here’s how you can check the allotment status of Kronox Lab Sciences Limited IPO: 

Step 1: Go to the BSE website. 

Step 2: Choose ‘Equity’ and then the issue name from the selection menu.

Step 3: Enter your application number as well as your PAN card number and press ‘Search’.

You can also follow a similar procedure to check the allotment status on the Registrar’s website: 

Step 1: Go to the Kfin Technologies Limited website. 

Step 2: Select the IPO name by clicking on ‘Company Selection’.

Step 3: Input your PAN, application number, DP/Client ID, or account number/IFSC number and click on ‘Search’. 

If the details are input correctly, the status will appear only after allotment. The equity shares are expected to be credited to successful investors’ demat accounts on June 7, 2024.

Kronox Lab Sciences Limited was incorporated in 2008 and manufactures high-purity fine chemicals in bulk, in compliance with various Food Grade standards. 

Ranging from acetate, phosphate, and chloride to citrate, nitrates, hydroxide, and EDTA derivatives, the company has over 185 products. They are used in a wide variety of end-user industries and have several applications such as scientific research, nutraceuticals, metal refineries, and animal health products.

As of December 21 2023, the company is in the process of research and development on 122 products. They have served over 592 customers in the past 3 years and have a team of around 212 employees.

Kronox Lab Sciences Limited Grey Market Premium

Date GMP
June 1 ₹82
May 31 ₹82
May 30 ₹82
May 29 ₹80

The last update for Kronox Lab Sciences Limited IPO was on June 1st, 2024, at 08:55. The GMP is ₹82. The expected listing price of Kronox Lab Sciences Limited IPO, with a price band of 136.00, is ₹218 (cap price + today’s GMP). 60.29% is the anticipated percentage gain or loss per share.


Open Demat Account With TradeSmart

Lowest Brokerage Ever Trade @15 Per Order
Download TradeSmart App Now

Scan below QR Code
to download App