Kronox Lab Sciences IPO Details, Date, Allotment, Review

Kronox Lab Sciences IPO Details

Kronox Lab Sciences IPO details: Kronox Lab Sciences Limited’s IPO is a book-built issue of Rs 130.15 crores. The entire issue only offers for sale of 95,70,000 shares.

The Kronox Lab Sciences Mainboard IPO opens for subscription on June 03, 2024, and closes on June 05, 2024. IPO’s expected allotment is scheduled for June 06, 2024. Kronox Lab Sciences IPO going to be listed on BSE & NSE on the date of June 10, 2024.

The Kronox Lab Sciences IPO price band is ₹129 to ₹136 per share. The application mandates a minimum lot size of 110 shares, for a retail investor of at least ₹14,960. For sNII, the minimum investment entails 14 lots totalling 1,540 shares, equivalent to ₹209,440. Meanwhile, for bNII, the minimum investment stands at 67 lots, comprising 7,370 shares, amounting to ₹1,002,320.

Kronox Lab Sciences IPO Details

Open DateJune 03, 2024
Close DateJune 05, 2024
Listing DateJune 10, 2024
IPO Size95.70 lakh shares Aggregating up to ₹130.15 Cr
Fresh IssueNA
Face Value₹10 per share
IPO Price Band₹129 to ₹136 per share
IPO Listing onBSE, NSE
Lot Size110 Shares
OFS95.70 lakh shares
Share Offered to Retail35%
Share Offered to QBI50%
Share Offered to HNI15%

Lot Size Of the IPO

Application TypeLotsSharesAmount (₹)
Retail (Min)111014,960
Retail (Max)131,430194,480
S-HNI (Min)141,540209,440
S-HNI (Max)667,260987,360
B-HNI (Min)677,3701,002,320

Kronox Lab Sciences IPO Date

IPO Open DateJune 3, 2024Monday
IPO Close DateJune 5, 2024Wednesday
Allotment DateJune 6, 2024Thursday
Refunds DateJune 7, 2024Friday
Credit of Shares to DematJune 7, 2024Friday
Listing DateJune 10, 2024Monday

Kronox Lab Sciences IPO GMP (Grey Market Premium)

If you want to know Kronox Lab Sciences IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP. Including Kronox Lab Sciences IPO GMP.

Kronox Lab Sciences IPO Subscription Status

Kronox Lab Sciences IPO subscription starts on June 03, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.

Kronox Lab Sciences IPO Allotment Status

To check Kronox Lab Sciences IPO allotment status go to the IPO registrar website ”KFIN TECHNOLOGIES LIMITED” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.

  1. Go to the Link given above.
  2. Select the IPO Name
  3. Enter your PAN/ DP ID/ Application No
  4. Submit details and get the allotment status of Kronox Lab Sciences Limited IPO.

Know About Company

  1. Incorporation: Kronox Lab Sciences Limited started in 2008.
  2. Product Range: They manufacture over 185 high-purity specialty fine chemicals used in various industries.
  3. Applications: Their chemicals are used in pharmaceuticals, scientific research, nutraceuticals, biotech, agrochemicals, personal care, metal refining, and animal health.
  4. Global Reach: The company exports products to more than 20 countries, including the United States, UK, Australia, and China.
  5. Manufacturing Facilities: They have three facilities in Vadodara, Gujarat, covering 17,454 sq. meters with a capacity of 7,242 TPA.
  6. Certifications: Units I and II have certifications like FSSC 22000, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. Some products also have Kosher, Halal, GMP, and GLP certifications.
  7. Customer Base: They have served over 592 customers in the past three years, with 141 customers placing repeat orders.
  8. Research and Development: As of December 31, 2023, they are developing 122 new products.
  9. Workforce: The company employs 212 people as of December 31, 2023.
  10. New Land Acquisition: They acquired 20,471 sq. meters of land at GIDC – Dahej II Industrial Estate for expansion.

Know More details from Kronox Lab Sciences IPO RHP

Objects of the Issue of Kronox Lab Sciences IPO

  • To sell up to 95,70,000 equity shares owned by the promoter selling shareholders.
  • To gain the advantages of listing the equity shares on stock exchanges. This includes improving visibility and brand image, offering liquidity to current shareholders, and creating a public market for equity shares in India.

Kronox Lab Sciences Limited Promoters Holding

  • Before the issue, the company’s promoters were Jogindersingh Jaswal, Ketan Ramani, and Pritesh Ramani, collectively holding 99.98% of the shares.

Kronox Lab Sciences Limited Financial Report

ParticularsFor the Period / Year ended on (₹ in Cr.)
31, 2023
31, 2022
March 31,
March 31,
March 31,
PAT (Profit After Tax)15.4714.1016.6113.639.73

KPI of Kronox Lab Sciences Limited

ParticularsDecember 31, 2023December 31, 2022March 31, 2023March 31, 2022March 31, 2021
Revenue from Operations (₹ crore)67.68674.10395.57882.24762.460
EBITDA (₹ crore)20.46017.88321.99619.69714.803
EBITDA Margin (%)30.2324.1323.0123.9523.70
Profit After Tax (₹ crore)15.46914.09116.61713.6279.730
PAT Margin (%)22.6018.5717.0416.3515.39
EPS (Basic & Diluted) (₹)4.173.614.303.492.40
Total Borrowings (₹ crore)0.6420.013
Net worth (₹ crore)60.28254.60144.67940.35326.814
ROE (%)25.6625.8137.1933.7736.29
ROCE (%)33.1533.5049.8646.2751.78
Debt – Equity Ratio0.02Negligible
Fixed Assets Turnover Ratio2.614.626.019.3010.87
Net Cash from/(used in) Operating Activities (₹ crore)15.31217.47219.6659.02011.314
Net Cash from/(used in) Investing Activities (₹ crore)– 17.300-14.586– 5.517– 7.599– 2.956
Net Cash from/(used in) Financing Activities (₹ crore)– 0.895– 13.396– 0.666– 7.095
Revenue CAGR (Fiscal 2021 to 2023) (%)23.70
EBITDA CAGR (Fiscal 2021 to 2023) (%)21.90
PAT CAGR (Fiscal 2021 to 2023) (%)30.68

Peer Group Of Kronox Lab Sciences Limited

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

Kronox Lab Sciences Limited IPO Registrar

KFin Technologies Limited
Address: Selenium Tower-B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel No.: +91 40 6716 2222
Email Id:

Kronox Lab Sciences Limited Lead Manager

Pantomath Capital Advisors Private Limited
Pantomath Nucleus House, Saki Vihar Road,
Andheri East, Mumbai – 400072
Maharashtra, India
Tel: 1800 889 8711
Investor grievance e-mail:

Kronox Lab Sciences Limited Contact

Kronox Lab Sciences Limited
Block No. 353,
Village Ekalbara, Padra,
Phone: +91 26 6224 4077/88

Kronox Lab Sciences IPO Application Form PDF

To download the Kronox Lab Sciences IPO application form Check out the Application Form Download ASBA IPO Forms PDF.

Review Of Kronox Lab Sciences IPO

We will Update Soon the Review.

FAQs Of Kronox Lab Sciences Limited IPO

What is the Kronox Lab Sciences Limited IPO?

The Kronox Lab Sciences Limited IPO is a public offering of 95,70,000 equity shares by Kronox Lab Sciences Limited. The total issue size is ₹130.15 crore.

How many shares can I apply for in the Kronox Lab Sciences Limited IPO?

The minimum lot size is 110 shares for retail investors. The maximum lot size for retail investors is 1,430 shares (13 lots). For S-HNI (Small High Net-worth Individual), the minimum investment is 1,540 shares (14 lots), and for B-HNI (Big High Net-worth Individual), the minimum investment is 7,370 shares (67 lots).

How can I check the allotment status of the Kronox Lab Sciences Limited IPO?

You can check the allotment status on the IPO registrar’s website, KFin Technologies Limited, by entering your PAN, DP ID, or application number.

How can I apply for the Kronox Lab Sciences Limited IPO?

You can apply for the IPO through ASBA (Application Supported by Blocked Amount) in your bank’s net banking portal or through your broker.

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