Ashok Rathi

Kronox Lab Sciences Limited IPO Detail Review 2024

Kronox Lab Sciences was incorporated in 2008. IPO subscription opens from 3  June 2024 and issue closes on 5 June 2024. IPO Face value is Rs.10 per share. IPO Issue bid size is between Rs.129 to Rs.136 per share. The lot size is 110 shares per lot. This is a Book Built Issue IPO.

  1. Kronox Lab Sciences IPO Offer For Sale is, 9,570,000 shares .
  2. Kronox Lab Sciences Total Issue Size is,9,570,000 shares and company wants to aggregate up to ₹ 130.15 Cr.
  3. Company Share Holding, Pre Issue is 37,104,000 shares.
  4. Company Share Holding, Post Issue will be 37,104,000  shares.
  5. This IPO is Listing at NSE, BSE, on 10 June 2024.

Pantomath Capital Advisors Pvt Ltd serves as the book-running lead manager for the Kronox Lab Sciences IPO, with Kfin Technologies Limited acting as the registrar for the issue.

Kronox Lab Sciences IPO Timeline :

  1. Kronox Lab Sciences IPO issue opens on 3 June  and closes on 5 June 2024.
  2. Cut Off Time of UPI Payment is, Friday by 5pm on 6 June 2024.
  3. IPO Issue Basis of Allotment is,6  June 2024.
  4. Who did not get the allotment of shares, Refunds Initiation begins from 7 June 2024.
  5. Who got the allotment, Shares will be Credited in their Demat Account by 7 June 2024.
  6. Finally IPO lists on10 June 2024. This was the IPO timeline of Kronox Lab Sciences IPO.

Kronox Lab Sciences IPO Reservations for Investor Categories :

QIB Investors Shares Offered Not more than 50% of the Net Issue.

Retail Investors Offered Not less than 35% of the Net Shares Issue.

NII (HNI) Investors Offered Shares Not less than 15% of the Net Issue.

Kronox Lab Sciences Limited IPO Detail Review 2024
Kronox Lab Sciences Limited IPO Detail Review 2024

 

Kronox Lab Sciences IPO Lot Size Minimum to Maximum allotment for Investors :

  1. Retail Investor can apply for Minimum, 1 lot which has 110 shares and investing amount ₹ 14960.
  2. Retail Investor Maximum apply for 13 lot, 1430 shares, amount ₹ 194,480.
  3. Small HNI Investor Minimum 14 lot, 1540 shares, amount ₹ 209,440.
  4. Small HNI Investor Maximum applies for 66 lot, 7260 shares, and amount ₹ 987,360.
  5. Big HNI Minimum applies for 67 lot, 7370 shares, and amount ₹ 1,002,320.

An Intro About Kronox Lab Sciences Limited:

Established in 2008, Kronox Lab Sciences Limited specializes in manufacturing high-purity specialty fine chemicals for a variety of end-user industries. These chemicals are essential in applications such as manufacturing APIs, pharmaceutical formulations, scientific research, nutraceuticals, biotech applications, agrochemical formulations, personal care products, metal refineries, and animal health products.

The company provides an extensive portfolio of over 185 products, including phosphates, sulfates, acetates, chlorides, citrates, nitrates, nitrites, carbonates, EDTA derivatives, hydroxides, succinates, gluconates, and more. These products are supplied to customers in India and over 20 other countries.

Kronox Lab Sciences exports its products to various countries, including the United States, Argentina, Mexico, Australia, Egypt, Spain, Turkey, the United Kingdom, Belgium, the United Arab Emirates, and China, among others.

If you want to check the current IPO status of the on going IPO than here is the check list for IPO Subscription Status
Once you are satisfied with IPO subscription status and want to check the allotment status than click IPO Allotment Status
With the ongoing process of IPO market you can see the ups and downs of grey market premium here at IPO GMP Grey Market Premium
If you want to check out the listing day gain or loss of any IPO in 2024 or later years than click here IPO Performance Tracker
If you are interesting to know more about IPO than see Mainboard IPO List | SME IPO List | Upcoming IPO in 2024 | Rights Issue | NCD List

How to apply for Kronox Lab Sciences IPO Subscription ?

There are some simple steps to follow

  • First go to your brokers website and login there
  • 2nd after login see the IPO section and click there
  • 3rd click the Kronox Lab Sciences IPO Service Bid button here
  • 4th enter and confirm your UPI id here, Fill quantity and price than submit this application form.
  • 5th Now visit your UPI app page and approve the amount transaction.
  • 6th Now Finally IPO Bidding process is completed. Now you have subscribed for this IPO application

 

Leave a Comment