Company Name | Kronox Lab Sciences Limited |
Open Date | 03-06-2024 |
Close Date | 05-06-2024 |
Exchange | BSE, NSE |
Lot Size | 110 Shares |
Issue Price | ₹129 to ₹136 per share |
Issue Size | 95,70,000 shares |
Application Amount | Min. Inv. - ₹14,960 (110 shares) Max. Inv. – ₹1,94,480 (1,430 shares) |
Recommendation | Risk_Averse - Should Wait Risk_Seekers - Should Apply |
Incorporated in 2008, Kronox Lab Sciences Limited is a manufacturer of high-purity speciality fine chemicals for diverse end-user industries. The company’s High Purity Specialty Fine Chemicals are used in various applications such as manufacturing APIs, pharmaceutical formulations, scientific research, nutraceuticals, biotech applications, agrochemical formulations, personal care products, metal refineries, and animal health products. The company offers a wide range of over 185 products, including phosphate, sulphate, acetate, chloride, citrate, nitrates, nitrites, carbonate, EDTA derivatives, hydroxide, succinate, gluconate, and others. These products are supplied to customers in India and more than 20 countries worldwide. The company has three manufacturing facilities in Vadodara, Gujarat, close to the seaports of Mundra, Kandla, Hazira, and Nhava Sheva. The facilities cover 17,454 sq. m. and have an installed capacity of 7,242 TPA as of December 31, 2023. As of December 31, 2023, the company is conducting research and development on 122 products. The Company employed 212 people at various levels as of December 31, 2023 on its payroll.
For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Dec-23 |
Total Assets | 37.64 | 56.78 | 54.03 | 66.95 |
Net Assets | 26.81 | 40.35 | 44.67 | 60.28 |
Total Borrowings | 0.01 | 0.64 | - | - |
Total Revenue | 63.23 | 83.34 | 97.49 | 68.43 |
Profit After Tax | 9.73 | 13.62 | 16.61 | 15.46 |
Opening Date | 03/06/2024 |
Closing Date | 05-06-2024 |
Basis of Allotment | 06-06-2024 |
Initiation of Refunds | 07-06-2024 |
Credit of Shares to Demat | 07-06-2024 |
Listing Date | 10-06-2024 |
Carry out the Offer for Sale of up to 95,70,000 Shares by the Promoter Selling Shareholders. |
Achieve the benefits of listing the Equity Shares on the Stock Exchanges. |
Registered Office | Kronox Lab Sciences Limited Block No. 353, Village Ekalbara, Padra, Vadodara-391440 |
Phone | +91 26 6224 4077/88 |
cs@kronoxlabsciences.com | |
Website | https://www.kronoxlabsciences.com/ |
Kronox Lab Sciences IPO DRHP |
Kronox Lab Sciences IPO RHP |
Name | Kfin Technologies Limited |
Phone | 04067162222, 04079611000 |
klsl.ipo@kfintech.com | |
Website | https://kosmic.kfintech.com/ipostatus/ |
QIB Shares Offered | Not more than 50% of the Net Issue |
Retail Shares Offered | Not less than 35% of the Net Issue |
NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Share Holding Pre Issue (Promoters) | 100.00% |
Share Holding Post Issue (Promoters) | 74.21% |