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 estimated listing price for Kronox Lab Sciences Limited IPO?

Based on the upper price band of ₹136 and current GMP of ₹28, the estimated listing price is ₹164 (approx. 20.6% gain).

What is the expected profit per lot for Kronox Lab Sciences Limited IPO?

With a lot size of 110 shares and current GMP of ₹28, expected profit per retail application lot is approximately ₹3,080.

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Grey Market Intelligence

Kronox Lab Sciences Limited

ListedMainboard

Chemicals · NSE / BSE

Kronox Lab Sciences Limited, founded in 2008, is a leading manufacturer of high-purity speciality chemicals used in various industries like pharmaceuticals, biotech, agrochemicals, personal care, and animal health. The company offers 185+ products such as phosphate, sulphate, chloride, and EDTA derivatives, serving customers in India and over 20 countries including the USA, Australia, UK, and China. Kronox operates three manufacturing units in Vadodara, Gujarat with a total capacity of 7,242 TPA. Their facilities follow strict quality standards with certifications like ISO, FSSC, Kosher, Halal, GMP, and GLP. The company focuses heavily on research and development, working on 122 new products and serving 592+ customers in the last three years, with many returning for repeat orders.

Price Band

₹129 – ₹136

Issue Size

₹130 Cr

Lot Size

110 shares

GMP

₹28

+20.6%

Est. Listing

₹164

at current GMP

Subscribed

117.25x

overall

Open

3 Jun 2024

5 Jun 2024

Allotment

6 Jun 2024

Refund

7 Jun 2024

Demat Credit

8 Jun 2024

Listing

10 Jun 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Kronox Lab Sciences Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹28+20.6%

Issue Price (Upper)

₹136

Band: ₹129 – ₹136

Estimated Listing Price

₹164

Upper price + GMP

Lot Size

110 shares

Min investment ₹14,960

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹28	20.6%	₹164
30 Oct 2026	+₹28	20.6%	₹164
29 Oct 2026	+₹25	18.5%	₹161

About Kronox Lab Sciences Limited Public Issue & Market Profile

Kronox Lab Sciences Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹130.15 Crores. The shares are offered at a price band of ₹129 to ₹136 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 110 shares (approx. ₹14,960 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Basis of Allotment & Listing Timeline:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-08, while un-allotted funds or UPI block mandates will be released on 2024-06-07.

Frequently Asked Questions

What is Kronox Lab Sciences Limited IPO GMP today?

The latest grey market premium for Kronox Lab Sciences Limited IPO is ₹28, which indicates an expected listing price of ₹164.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.