Kronox Lab Sciences Limited IPO
Kronox Lab Sciences Limited was a mainboard IPO in the Specialty Chemicals sector, offered at ₹129–₹136 per share to raise ₹130 crore. The issue was subscribed 118.22× overall (QIBs 89.03×, NIIs 302.99×, retail 55.72×). It listed on 10 Jun 2024 and closed its first day at ₹159, a listing gain of +17.1% versus the ₹136 issue price. It now trades around ₹186 (+37.0% versus the issue price).
Frequently asked questions
- How many times was the Kronox Lab Sciences Limited IPO subscribed?
- The Kronox Lab Sciences Limited IPO was subscribed 118.22× overall — 89.03× in the QIB category, 302.99× among non-institutional investors, 55.72× in retail.
- What were the Kronox Lab Sciences Limited IPO listing gains?
- Kronox Lab Sciences Limited listed on 10 Jun 2024, closing its first day at ₹159 — a listing gain of +17.1% versus the ₹136 issue price.
- What were the retail allotment odds for the Kronox Lab Sciences Limited IPO?
- Retail was subscribed 55.72×, so a single-lot application had roughly a 1.8% chance of allotment (about 1 in 56), and allotment was finalised on 6 Jun 2024.
- What was the price band and lot size of the Kronox Lab Sciences Limited IPO?
- The price band was ₹129–₹136 per share, with a minimum lot of 110 shares (₹14,960 at the upper band).
- Who were the registrar and lead manager for the Kronox Lab Sciences Limited IPO?
- KFin Technologies Limited was the registrar, and Pantomath Capital Advisors was the book-running lead manager.