Kronox Lab IPO Allotment to Be Finalized Today; Here’s Your Step-by-Step Guide to Check Status on BSE, NSE, and Kfin Technologies Ltd
Kronox Lab Sciences IPO allotment will be finalized today, Thursday, June 6. Investors who applied can check their allotment status on the registrar’s portal, Kfin Technologies Ltd. The IPO was open for subscription from Monday, June 3 to Wednesday, June 5. It received strong interest from all investor segments: non-institutional investors (301.92 times), qualified institutional buyers (89.03 times), and retail investors (54.23 times), totaling 117.25 times subscription on the last day.
To check if you’ve been allotted shares, you need to identify the basis of allocation. For those not allotted shares, the refund process will begin on Friday, June 7. Shares for successful applicants will be credited to their demat accounts the same day. The IPO is set to list on Monday, June 10.
How to Check Kronox Lab IPO Allotment Status Online:
Via Kfin Technologies Ltd:
- Visit Kfin Technologies IPO status page.
- Select “Kronox Lab Sciences IPO” from the dropdown menu.
- Choose your identification method (application number, demat account, or PAN).
- Enter the required details and the captcha code, then click “Submit.”
Via BSE:
- Visit BSE’s allotment page.
- Select “Equity” under “Issue Type.”
- Choose “Kronox Lab Sciences IPO” from the dropdown menu.
- Enter your application number or PAN.
Via NSE:
- Visit NSE’s allotment page.
- Register with your PAN by clicking “Click here to sign up.”
- Enter your username, password, and captcha code.
- Check your IPO allocation status on the next page.
Kronox Lab Sciences IPO Grey Market Premium (GMP):
The current grey market premium for Kronox Lab IPO is +40, indicating shares are trading at a ₹40 premium over the issue price. Given the IPO price band and current GMP, the expected listing price is ₹176 per share, 29.41% higher than the IPO price of ₹136. After nine sessions, the GMP has been trending downward, ranging between ₹40 and ₹82.
‘Grey market premium’ reflects how much investors are willing to pay over the issue price.
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