Kronox Lab Sciences Limited
ListedMainboardChemicals · 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
Close
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
Overall Subscription
117.25x
Total Demand
QIB Multiplier
89.03x
Institutions & Funds
NII / HNI
301.91x
High Net-Worth
Retail (RII)
54.23x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,914,000 | 170,409,360 | 89.03x |
| NIB | 1,435,500 | 433,398,240 | 301.91x |
| HNIs(10L +) | 957,000 | 308,406,670 | 322.26x |
| HNIs (2-10L) | 478,500 | 124,991,570 | 261.22x |
| RETAIL | 3,349,500 | 181,640,250 | 54.23x |
| Total | 8,134,500 | 1,218,846,090 | 117.25x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 621 | 40,181 | 64.70x |
| HNIs (2-10L) | 311 | 78,159 | 251.32x |
| RETAIL | 30,450 | 1,411,824 | 46.37x |
| Total Applications | 31,382 | 1,530,164 | 48.76x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 (GMP) for Kronox Lab Sciences Limited IPO is ₹28 per equity share. Based on the upper price band of ₹129 to ₹136 per equity share, the estimated listing price is ₹164 (+20.6% expected listing 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, the expected profit per application lot is approx ₹3,080 (+20.6% gain). Minimum application cost is approx ₹14,960.
What is the issue size and price band for Kronox Lab Sciences Limited IPO?
The Kronox Lab Sciences Limited IPO aggregate issue size is ₹130.15 Crores with an equity price band set at ₹129 to ₹136 per equity share. The retail lot size is 110 shares requiring a minimum capital outlay of approx. ₹14,960.
How can I check Kronox Lab Sciences Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 117.25x (Retail: 54.23x, QIB: 89.03x, NII: 301.91x). You can track live multiples directly on our dedicated subscription page.
Where and when will Kronox Lab Sciences 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 2024-06-06. Investors can verify status using PAN card or application number.
When is the listing date for Kronox Lab Sciences Limited IPO?
Kronox Lab Sciences Limited shares are scheduled to list on NSE and BSE on 2024-06-10.