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Kronox Lab Sciences Ltd.

Kronox Lab Sciences Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹136
₹136
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹136
Based on GMP
Min. Investment
₹14,960
1 lot × 110 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
03 Jun 2024
Close Date
05 Jun 2024
Allotment
06 Jun 2024
Listing Date
10 Jun 2024
Exchange
NSE & BSE
Price Band
₹136
Listing Price
See chart
Allotment Status
Price Band
₹136
Per share
Face Value
₹10 per share
 
Lot Size
110 Shares
per lot
Issue Size
95,70,000 shares (aggregating up to ₹130.15 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,960
1 lot
Pre-IPO Holding
3,71,04,000 shares
Promoters
Post-IPO Holding
3,71,04,000 shares
Promoters
P/E (Pre)
30.37x
 
P/E (Post)
24.47x
 
EPS (Pre)
₹4.48
 
EPS (Post)
₹5.56
 
UPI Deadline
2024-06-05
Mandate
Anchor AllotmentFri, 31 May 2024
Basis of AllotmentThu, 06 Jun 2024
Refund InitiationFri, 07 Jun 2024
Demat CreditFri, 07 Jun 2024
Listing DayMon, 10 Jun 2024
UPI Mandate Deadline2024-06-05
Sale TypeOffer For Sale
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Kronox Lab Sciences Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Jun 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
9,570,000
100% ₹130.15
IPO Shares Offered
Kronox Lab Sciences Ltd. IPO total issue size: ₹130.15 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 9,570,000 ₹130.15
100.00%
* Based on upper price band ₹136 per share
Lot Size & Investment
Lot Size
110
Shares per Lot
Issue Price
₹136.00
Upper Band
Min Investment
₹14,960
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2220₹29,920
Retail (Max — 13 Lots)131,430₹194,480
S-HNI (Min — 14 Lots)141,540₹209,440
B-HNI (Min — 68 Lots)687,480₹1,017,280
* Issue Price ₹136 × Lot Size 110 shares
IPO Schedule
Anchor
31 May 2024
✓ Done
IPO Open
03 Jun 2024
✓ Done
IPO Close
05 Jun 2024
✓ Done
Allotment
06 Jun 2024
✓ Done
Refunds
07 Jun 2024
✓ Done
Demat Credit
07 Jun 2024
✓ Done
Listing Day
10 Jun 2024
✓ Done
Kronox Lab Sciences Ltd. — Live Price LIVE
₹136.00
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Issue ₹136.00 Live Price
About Kronox Lab Sciences Ltd.
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 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.As of December 31, 2023, the company is conducting research and development on 122 products.The company has served over 592 customers in the past three years. By December 31, 2023, 141 customers of the total, placed repeat orders.As of December 31, 2023, the company employees 212 people at various levels.
Objects of the Issue
1
Carry out the Offer for Sale of up to 95,70,000 Equity Shares by the Promoter Selling Shareholders; and
2
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 Ltd. Financials (Amount in Crore)
Revenue from Operations
₹83.3
31 Mar 2022
₹97.5
31 Mar 2023
₹68.4
31 Dec 2023
Profit After Tax (PAT)
₹13.6
31 Mar 2022
₹16.6
31 Mar 2023
₹15.5
31 Dec 2023
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 68.44 97.50 83.34
EBITDA N/A N/A N/A
Profit After Tax (PAT) 15.47 16.62 13.63
Net Worth 60.28 44.68 40.35
Total Assets 66.96 54.03 56.79
Reserves & Surplus 15.56 7.58 40.11
Borrowings N/A N/A 0.64
EBITDA Margin (%) N/A
PAT Margin (%) 22.60%
P/BV Ratio
8.37
RoE
25.66%
RoCE
33.15%
RoNW
25.66%
PAT Margin
22.60%
Issue Structure & Shareholding
Total Shares Offered95,70,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding3,71,04,000 shares
Post-Issue Promoter Holding3,71,04,000 shares
P/BV Ratio8.37
RoE25.66%
RoCE33.15%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Kronox Lab Sciences Ltd. IPO subscribed?

Kronox Lab Sciences Ltd. IPO is subscribed 1.00 times by Jun 05, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Kronox Lab Sciences Ltd. IPO retail subscription status?

The Kronox Lab Sciences Ltd. IPO retail category is subscribed 1.00 times as of 05 Jun 2024. The retail portion is oversubscribed.

How to subscribe Kronox Lab Sciences Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 03 Jun 2024 and closes 05 Jun 2024. Min investment: ₹14,960 (1 lot = 110 shares). UPI mandate: 2024-06-05.

How many times Kronox Lab Sciences Ltd. IPO subscribed?

The Kronox Lab Sciences Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Kronox Lab Sciences Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 06 Jun 2024. Refunds: on 07 Jun 2024.

When Kronox Lab Sciences Ltd. IPO will be listed?

The Kronox Lab Sciences Ltd. IPO listing date is 10 Jun 2024, Monday. Listed on: NSE & BSE. Issue price: ₹136. Estimated listing: ₹136. GMP: NIL.

When Kronox Lab Sciences Ltd. IPO close?

The Kronox Lab Sciences Ltd. IPO closes on 05 Jun 2024, Wednesday. UPI mandate: 2024-06-05. Allotment: 06 Jun 2024. Listing: 10 Jun 2024.