Kronox Lab Sciences IPO listing date today. GMP, experts signal strong debut of shares
Kronox Lab Sciences IPO: The initial public offering (IPO) listing date for Kronox Lab Sciences Limited has been fixed on June 10 2024, i.e. today.
As per the information available on the BSE website, effective from Monday, June 10, 2024, the equity shares of Kronox Lab Sciences Limited shall be listed and admitted to dealings on the Exchange in the list of 'T' Group of Securities. As the public issue received a strong response from the Indian primary market investors, the grey market expects a substantial listing of Kronox Lab Sciences shares.
Stock market experts are also highly bullish on Kronox Lab Sciences IPO listing gains. According to the stock market observers, shares of Kronox Lab Sciences Limited are available at a premium of ₹31 in the grey market today.
Stock experts also believe that Kronox Lab Sciences' share price may open in the ₹155 to ₹160 apiece range.Speaking on the possible Kronox Lab Sciences IPO listing gain, Arun Kejriwal, Founder of Kejriwal Research and Investment Services, said, "The public issue received a strong response by the primary market investors, but we shouldn't forget that the issue size was tiny in comparison to a general mainboard IPO. The stock will be listed in the trade-to-trade category, which means the stock may not have a higher volume post-listing.
So, I believe the stock may have a strong debut but not much movement post-listing."Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 10Ventura Securities justified the strong debut buzz by saying, “The high-purity fine chemicals market is expected to experience steady growth due to rising demand from various industries. Kronox's diverse product portfolio, strong customer base, and focus on
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