Kronox Lab Sciences IPO
Specialty Chemicals/Lab - Listed on 10 June 2024
Kronox Lab Sciences IPO listing summary
Kronox Lab Sciences (Specialty Chemicals/Lab) closed its IPO window in 2024 and listed on NSE and BSE on 10 June 2024 at an upper band issue price of Rs 136, opening at Rs 164.95 for a listing gain of +21.3% and closing day one at Rs 159.32 (+17.1% on closing basis). The IPO was subscribed 117.25x overall - QIB 89.03x, HNI/NII 301.92x, Retail 54.23x. The total issue size was Rs 130.15 Cr (Fresh Issue Rs 0 Cr, OFS Rs 130.15 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Kronox Lab Sciences IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 70 | +27.94% |
| Day 2 | Rs 80 | +29.41% |
| Day 3 | Rs 80 | +29.41% |
| Day 4 | Rs 80 | +29.41% |
| Day 5 | Rs 40 | +58.82% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Kronox Lab Sciences IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Kronox Lab Sciences IPO - FAQs
What was the listing gain of Kronox Lab Sciences IPO?
Kronox Lab Sciences IPO listed at +21.3% versus the upper issue price of Rs 136 on 10 June 2024.
How many times was Kronox Lab Sciences IPO subscribed?
Kronox Lab Sciences IPO was subscribed 117.25x overall. QIB portion was subscribed 89.03x, HNI / NII 301.92x and Retail 54.23x.
What was the IPO GMP for Kronox Lab Sciences?
IPO GMP started at Rs 70 on Day 1 and moved to Rs 40 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.