The Initial Public Offering of Kronox Lab Sciences Limited was subscribed 117.25 times after receiving robust interest from all the categories of investors on the final day of bidding.
Non-Institutional Investors Portion (high net worth individuals) were at the forefront, picking 301.92 times the reserved portion, making it the highest for fiscal 2025 followed by qualified institutional buyers or QIBs who bought 89.03 times the part set aside for them. Retail investor portion was booked 54.23 times.
The issue received bids of 78,54,50,050 shares against the offered 66,99,000 equity shares, at a price band of ?129-136, according to the data available on the stock exchanges.
Pantomath Capital Advisors Private Limited is the sole book-running lead manager. The Company's equity shares are proposed to be listed on the BSE and NSE. |
