Kronox Lab Sciences IPO is a book-built issue valued at ₹130.15 crores. The entire offering consists of 0.96 crore shares offered through an offer for sale.
The subscription window for the IPO of Kronox Lab Sciences opens on June 3, 2024, and it will close on June 5, 2024. The allotment process is expected to be finalized on Thursday, June 6, 2024. The company plans to list its shares on both the BSE and NSE, with a tentative listing date set for Monday, June 10, 2024.
The price band for the IPO of Kronox Lab Sciences is ₹129 to ₹136 per share. Retail investors can apply for a minimum lot size of 110 shares, requiring an investment of ₹14,960. For sNII, the minimum lot size investment is 14 lots (1,540 shares), amounting to ₹209,440, while for bNII, it is 67 lots (7,370 shares), totaling ₹1,002,320.
Notably, Kronox Lab Sciences operates in the scientific research and development sector. The book running lead manager for this IPO is Pantomath Capital Advisors Pvt Ltd, while Kfin Technologies Limited serves as the registrar for the issue.
Check the GMP of Kronox Lab Sciences IPO below:
Kronox Lab Sciences IPO Details :
| Company Name | Kronox Lab Sciences |
| Sector | Research and Development |
| IPO Type | Mainboard |
| IPO Open date | 3rd June 2024 |
| IPO Close date | 6th June 2024 |
| OFS | |
| Listing Exchanges | NSE, BSE |
| Share Holding Pre-issue | |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
Kronox Lab Sciences IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 110 | 14,960 |
| sHNI (Min) | 14 | 1540 | 2,09,440 |
| bHNI (Min) | 67 | 7370 | 10,02,320 |
Kronox Lab Sciences IPO Timeline:
| IPO Open Date | 03rd June 2024 |
| IPO Close Date | 05th June 2024 |
| Basis of Allotment | 06th June 2024 |
| Refund Initiation Date | 07th June 2024 |
| Shares Credit to Demat | 07th June 2024 |
| Listing Date | 08th June 2024 |
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
