Kronox Lab Sciences IPO Date, Review, Price, Allotment Details

Kronox Lab Sciences manufactures High Purity Speciality Fine Chemicals for diversified end-user industries. Their 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. Their products are manufactured by industry standards like IP, BP, EP, JP, USP, FCC, LR, AR, GR, and ACS in addition to custom manufacturing specifications, which differ from the industry standards, required by their customers in select cases. They manufacture High Purity Speciality Fine Chemicals of various grades in particle sizes ranging from 10 mesh to 100 mesh. They believe that their focus on product development, diversity in product offerings, meeting quality standards and customer specifications, and continuous process improvement have led to repeat orders from their customers over the years.

Their 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.

They have three (3) Manufacturing Facilities situated at Vadodara in Gujarat close to the seaports of Mundra, Kandla, Hazira, and Nhava Sheva. Their Manufacturing Facilities are cumulatively spread across 17,454 sq. mtrs. and as of December 31, 2023, have an aggregate installed capacity of 7,242 TPA. Their Unit I/II hold certifications such as FSSC 22000 (Version 5), ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. Further, they have also obtained certifications such as Kosher, Halal, GMP, and GLP for some of their products manufactured at Unit I. For further details, see “- Manufacturing Facilities Certifications” on page 190. Additionally, they have acquired land measuring to 20,471 sq. mtrs. at GIDC – Dahej II Industrial Estate.

Objects 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.

Kronox Lab Sciences IPO Review (Apply or Not)

• May Apply

Brokerage Firm IPO Review

• Swastika Investmart Ltd – Apply

Kronox Lab Sciences IPO Date & Price Band Details

Kronox Lab Sciences IPO Market Lot

The Kronox Lab Sciences IPO minimum market lot is 110 shares with ₹14,960 application amount. The retail investors can apply up-to 13 lots with 1430 shares or ₹194,480 amount.

Kronox Lab Sciences IPO Allotment & Listing Dates

The Kronox Lab Sciences IPO date is June 3 and the close date is June 5. The Kronox Lab Sciences IPO allotment will be finalized on  June 6 and the IPO listing on June 10.

You can check IPO subscription status and IPO allotment status on their respective pages.

Kronox Lab Sciences IPO Form

How to apply for the Kronox Lab Sciences IPO? You can apply for Kronox Lab Sciences IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Kronox Lab Sciences IPO in the Invest section. The other option is you can apply for Kronox Lab Sciences IPO via IPO forms downloaded via NSE and BSE. Check out the Kronox Lab Sciences forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Kronox Lab Sciences Company Financial Report

Kronox Lab Sciences IPO Valuation – FY2023

Check Kronox Lab Sciences IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Tatva Chintan Pharma Chem Limited
• Tanfac Industries Limited
• Neogen Chemicals Limited
• Sigachi Industries Limited
• DMCC Speciality Chemical Limited

Company Promoters

• Jogindersingh Jaswal
• Ketan Ramani
• Pritesh Ramani

Kronox Lab Sciences IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/

Kronox Lab Sciences IPO Allotment Status Check

Check Kronox Lab Sciences IPO allotment status on Kfin Technologies website allotment URL. Click Here

Kronox Lab Sciences IPO Lead Managers aka Merchant Bankers

• Pantomath Capital Advisors Pvt Ltd

Company Address

Kronox Lab Sciences Limited
Block No. 353,
Village Ekalbara, Padra,
Vadodara-391440
Phone: +91 26 6224 4077/88
Email: [email protected]
Website: https://www.kronoxlabsciences.com/

Kronox Lab Sciences IPO FAQs