Kronox Lab Sciences Limited Incorporated in 2008, The company 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 exports its products to countries such as United States, Argentina, Mexico, Australia, Egypt, Spain, Turkey, United Kingdom, Belgium, United Arab Emirates, China, among others.
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. Unit I/II holds FSSC 22000 (Version 5), ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. Additionally, some products manufactured at Unit I have obtained Kosher, Halal, GMP, and GLP certifications.
Kronox Lab Sciences Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 03 June 2024 |
| IPO Close Date | 05 June 2024 |
| Allotment Date | 06 June 2024 |
| IPO Listing Date | 10 June 2024 |
Kronox Lab Sciences Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 129 to Rs. 136 Per Equity Share |
| Market Lot | 110 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 130 Crore. |
Kronox Lab Sciences Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 110 | Rs. 14960 |
| Maximum | 13 | 1430 | Rs. 194480 |
| Small HNI (Minimum) | 14 | 1540 | Rs. 209440 |
| Big HNI (Minimum) | 69 | 7370 | Rs. 1002320 |
Kronox Lab Sciences Limited IPO Details Allotment Status
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Company Financials:
| Particular | 31 March 2023 | 31 March 2022 | 31 March 2021 |
| Total Assets | 54.03 | 56.79 | 37.65 |
| Total Revenue | 97.50 | 83.34 | 63.24 |
| Profit After Tax | 16.62 | 13.63 | 9.73 |
Company Promoters:
The Promoters of the Company are Jogindersingh Jaswal, Ketan Ramani and Pritesh Ramani.
Purpose of the Issue
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Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Kronox Lab Sciences Limited Block No. 353, Village Ekalbara, Padra, Vadodara-391440 Phone: +91 26 6224 4077/88 Email: cs@kronoxlabsciences.com Website: https://www.kronoxlabsciences.com | Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: klsl.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus |
