Kronox Lab Sciences
Kronox Lab Sciences Info
Details about the Kronox Lab Sciences IPO. Opening Date of Kronox Lab Sciences is 03 Jun 24 and Closing Date is 05 Jun 24 . Face Value of Each share of Kronox Lab Sciences is ₹10 per share. Price band of Kronox Lab Sciences is ₹129 to ₹136. The Lot size of Kronox Lab Sciences is 110 shares. Total issue size of Kronox Lab Sciences IPO is ₹130.15 cr. Fresh Issue of Kronox Lab Sciences IPO is - cr. Kronox Lab Sciences IPO also includes offer for sale of ₹130.15 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Kronox Lab Sciences is 37,104,000. Share Holding Post Issue of Kronox Lab Sciences is 37,104,000.
Business Summary
Kronox Lab Sciences manufacture High Purity Speciality Fine Chemicals for diversified end user industries.
Kronox Lab Sciences High Purity Speciality Fine Chemicals are used mainly as (i) reacting agents and raw material in the manufacturing of Active Pharmaceutical Ingredients (APIs); (ii) excipients in pharmaceutical formulations; (iii) reagents for scientific research and laboratory testing; (iv) ingredients in nutraceuticals formulations; (v) process intermediates and fermenting agents in biotech applications; (vi) ingredients in agrochemical formulations; (vii) ingredients in personal care products; (viii) refining agents in metal refineries; and (ix) ingredients in animal health products, amongst others
Company's range of more than 185 products spanning across the family of phosphate, sulphate, acetate, chloride, citrate, nitrates, nitrites, carbonate, EDTA derivatives, hydroxide, succinate, gluconate, among others are supplied to customers in India and more than 20 countries globally
Kronox Lab Sciences IPO Details
| Open Date | 03 Jun 24 |
|---|---|
| Close Date | 05 Jun 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹129 - ₹136 |
| Lot Size | 110 Shares |
| Total issue Size | 9,570,000 Shares ₹130.15 cr |
| Fresh Issue | [.] Shares |
| Offer for Sale | 9,570,000 Shares (₹130.15 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 37,104,000 |
| Share Holding Post Issue | 37,104,000 |
| RHP , DHRP | View RHP, View DRHP |
Kronox Lab Sciences IPO Timeline
The Kronox Lab Sciences Initial Public Offering (IPO) is set to open on 03 Jun 24 and will end its subscription phase on 05 Jun 24. You can check your allotment status for Kronox Lab Sciences on 06 Jun 24. The refund process for your funds will start promptly on 07 Jun 24. Kronox Lab Sciences IPO credit of shares will be on 07 Jun 24. The listing date for Kronox Lab Sciences is on 10 Jun 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Kronox Lab Sciences IPO Reservation
The Kronox Lab Sciences IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Kronox Lab Sciences IPO Lot Size
Bids can be made for minimum of 110 shares and in multiple of 110 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 110 | 14,960 |
| Retail (Max) | 4 | 1,430 | 194,480 |
| S-HNI (Min) | 14 | 1,540 | 209,440 |
| S-HNI (Max) | 66 | 7,260 | 987,360 |
| B-HNI (Min) | 67 | 7,370 | 1,002,320 |
Kronox Lab Sciences IPO Promoters Holding
Promoters holding details for Kronox Lab Sciences in the current issue is as follows: The share holding of promoters before the issue stands at 99.98%, and after the issue, it has been adjusted to -%.
Promoters of Kronox Lab Sciences are Jogindersingh Jaswal, Ketan Ramani, Pritesh Ramani,
| Share Holding Pre Issue | 99.98% |
|---|---|
| Share Holding Post Issue | -% |
Kronox Lab Sciences Financial Information
Financial performance details for Kronox Lab Sciences over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 66.96 | 54.03 | 56.79 | 37.65 |
| Revenue | 68.44 | 97.5 | 83.34 | 63.24 |
| Profit After Tax | 15.47 | 16.62 | 13.63 | 9.73 |
Kronox Lab Sciences IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Kronox Lab Sciences are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 30.37 |
| ROCE | 33.15% |
| ROE | 25.66% |
| EPS (Rs) | 4.48 |
Object of the Issue
- • Carry out the Offer for Sale of up to 95,70,000 Equity Shares by the Promoter Selling Shareholders
- • Achieve the benefits of listing the Equity Shares on the Stock Exchanges. Further, the Company expects that the proposed listing of the Equity Shares will enhance the visibility and brand image, provide liquidity to its existing Shareholders, and provide a public market for Equity Shares in India.
Contact Details for Kronox Lab Sciences
Phone
Office
Block No. 353, Village Ekalbara, Padra, Vadodara-391440
Registrar Details for Kronox Lab Sciences
Kfin Technologies Limited
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial District Nanakramguda, Serilingampally Hyderabad, Rangareddi 500 032 Telangana, India
Lead Manager
- • Pantomath Capital Advisors Pvt Ltd