Dear investors check out here Kronox Lab Sciences IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. Kronox Lab Sciences IPO GMP today is ₹40.
Kronox Lab Sciences IPO is open on Monday, June 3, 2024. and close on Wednesday, June 5, 2024. Kronox Lab Sciences IPO total issue size is 9,570,000 shares
(aggregating up to ₹130.15 Cr), and Kronox Lab Sciences IPO price is ₹136 per share. The IPO will be listed on BSE and NSE. Kronox Lab Sciences Limited IPO listing on Monday, June 10, 2024.
Kronox Lab Sciences IPO Date
- IPO Open Date: Monday, June 3, 2024
- IPO Close Date: Wednesday, June 5, 2024
- Basis of Allotment: Thursday, June 6, 2024
- Initiation of Refunds: Friday, June 7, 2024
- Credit of Shares to Demat: Friday, June 7, 2024
- Listing Date: Monday, June 10, 2024
- Cut-off time for UPI mandate confirmation: 5 PM on June 5, 2024
Kronox Lab Sciences Limited About
Incorporated in 2008, Kronox Lab Sciences Limited specializes in manufacturing high-purity specialty fine chemicals for a variety of industries.
Product Applications
Our High Purity Specialty Fine Chemicals cater to multiple sectors, including:
- Pharmaceuticals: API manufacturing and pharmaceutical formulations
- Scientific Research: Research and development projects
- Nutraceuticals and Biotech: Health supplements and biotechnological applications
- Agrochemicals: Crop protection and enhancement formulations
- Personal Care: Ingredients for cosmetics and skincare products
- Metal Refineries: Purification and processing chemicals
- Animal Health: Veterinary products and supplements
Product Range
We offer an extensive portfolio of over 185 products, such as:
- Phosphate, Sulphate, Acetate, Chloride, Citrate
- Nitrates, Nitrites, Carbonate, EDTA Derivatives
- Hydroxide, Succinate, Gluconate, and many more.
Global Reach
Our products are trusted by customers in India and over 20 countries, including:
- United States, Argentina, Mexico, Australia
- Egypt, Spain, Turkey, United Kingdom
- Belgium, United Arab Emirates, China, among others.
Manufacturing Excellence
Located in Vadodara, Gujarat, our three manufacturing facilities are strategically close to the seaports of Mundra, Kandla, Hazira, and Nhava Sheva. These facilities span 17,454 sq. m. and boast an installed capacity of 7,242 TPA as of December 31, 2023.
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Kronox Lab Sciences IPO GMP Today Price | Gray Markets Price Today
As Per the last update on June 05, 2024, at 11:00 AM, the latest GMP (Gray Markets Price) for Kronox Lab Sciences IPO is ₹40. The base price of the IPO is ₹136.00, with an estimated listing price of ₹176 (29.41%) (cap price + today’s GMP). This suggests an expected profit/loss per share of 29.41%.
Kronox Lab Sciences IPO GMP Today
| Date | GMP | Price | Kostak | Subject to |
| 5 June 2024 | ₹40 | ₹136.00 | ₹3100 | ₹46200 |
| 4 June 2024 | ₹48 | ₹136.00 | ₹3100 | ₹46200 |
| 3 June 2024 | ₹81 | ₹136.00 | ₹3100 | ₹46200 |
Kronox Lab Sciences IPO Review
- Adroit Financial Services Private Limited, Dilip Davda, Swastika Investmart Ltd, and Ventura Securities Limited: Recommended “Apply” for the IPO.
- Capital Market: Rated the IPO as “Neutral”.
- Asit C. Mehta Investment Intermediates Ltd, Axis Capital, JM Financial Institutional Securities, and SMC Global: Did not rate the IPO.
Summary of Recommendations
- Apply: 4 (44.44%)
- May Apply: 0 (0.00%)
- Neutral: 1 (11.11%)
- Avoid: 0 (0.00%)
- Not Rated: 4 (44.44%)
Kronox Lab Sciences IPO Capital Market Rating
- Capital Market (CapitalMarket.com): Gave a rating score of 42.
- Recommendation: “Avoid”, although active risk seekers might consider trying for the IPO.
Detailed Review
- Reviewer: Capital Market
- Rating Score: 42
- Rating: Avoid, however active risk seekers can try