The wait is over for investors who applied for the Kronox Lab Sciences IPO! The allotment of shares is being finalized today, Thursday, June 6th, 2024. This news comes after the IPO received a whopping 117.25 times subscription, indicating strong investor interest in the Vadodara-based company’s future.
How to Check Your Allotment Status
There are two main ways to check your Kronox Lab Sciences IPO allotment status:
- Using the Registrar’s Portal: The registrar for the Kronox Lab Sciences IPO is Kfin Technologies Ltd. You can visit their website and use their online portal to check your allotment status. You’ll need your application number and PAN card ID to do this.
- Using the Bombay Stock Exchange (BSE) Website: The BSE website also provides a facility to check IPO allotment status. You’ll need to select the IPO name, enter your application number and PAN details, and submit it for verification.
Here are the steps for checking your allotment status on the BSE website:
- Visit the BSE website: [BSE investor portal]
- Under “Issue Type,” select “Equity.”
- Choose “Kronox Lab Sciences Ltd” from the “Issue Name” dropdown menu.
- Enter your application number.
- Enter your PAN card ID.
- Click on “I am not a Robot” and hit submit.
What Happens Next?
Once the allotment is finalized, you’ll be notified electronically if you’ve been allotted shares. This notification may come from your broker or the registrar. If you are allotted shares, the shares will be credited to your Demat account within a few days.
GMP stands for Grey Market Premium. It’s an unofficial estimate of the price at which a stock might trade when it debuts on the stock exchange. This is not a confirmed price, but it can give investors an idea of how the market might react to the IPO.
The GMP for Kronox Lab Sciences is not officially available, but some news reports have mentioned a positive GMP. However, it’s important to remember that GMP is not a guaranteed indicator of future performance.
If you applied for the Kronox Lab Sciences IPO, you can check your allotment status today using the methods mentioned above. Remember, allotment doesn’t guarantee you’ll receive shares. Even if you don’t receive any shares in this IPO, there will be other investment opportunities in the future.
It’s important to do your own research before investing in any IPO and understand the risks involved.
