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Open
3 Jun 2024
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Close
5 Jun 2024
3
Allotment
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Listing
Mon, Jun 10, 2024
Price Band
₹129 to ₹136
Issue Size
95,70,000 shares (agg. up to ₹130 Cr)
Lot Size
110 Shares
Listing Date
Mon, Jun 10, 2024
Latest GMP
₹28
Est. Gain
20.59%
✦ AI Insight
GMP Trend
10-06-2024₹28Est. ₹164+20.59%
09-06-2024₹28Est. ₹164+20.59%
08-06-2024₹30Est. ₹166+22.06%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 82.62x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 66.96 | 54.03 | 56.79 | 37.65 |
| Total Income | 68.44 | 97.50 | 83.34 | 63.24 |
| Profit After Tax | 15.47 | 16.62 | 13.63 | 9.73 |
| NET Worth | 60.28 | 44.68 | 40.35 | 26.81 |
| Reserves and Surplus | 15.56 | 7.58 | 40.11 | 26.57 |
| Total Borrowing | 0.64 | 0.01 | ||
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Platinum Industries Ltd. | Mainboard | ₹235.32 Cr | ₹171 | 18.73 | ₹221.20 | +29.36% | ₹228.92 (+0.52%) |
| Indian Emulsifiers Ltd. | SME | ₹42.39 Cr | ₹132 | 30.54 | ₹451.50 | +242.05% | ₹42.45 (+4.94%) |
| Silkflex Polymers (India) Ltd. | SME | ₹18.11 Cr | ₹52 | 53.76 | ₹58.70 | +12.88% | ₹194.00 (-2.34%) |
| Accent Microcell Ltd. | SME | ₹78.40 Cr | ₹140 | 13.92 | ₹315.00 | +125.00% | ₹527.55 (+2.76%) |
| Deepak Chemtex Ltd. | SME | ₹23.04 Cr | ₹80 | 10.14 | ₹159.60 | +99.50% | ₹74.76 (-1.31%) |
| Saroja Pharma Industries India Ltd. | SME | ₹9.11 Cr | ₹84 | 23.25 | ₹68.25 | -18.75% | ₹30.00 (+4.90%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Achieve the benefits of listing the Equity Shares on the Stock Exchanges |
About Kronox Lab Sciences IPO
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)
Contact Details
Kronox Lab Sciences Ltd. AddressBlock No.353Village EkalbaraPadraVadodara, Gujarat, 391440+91 26 6224 4077/88cs@kronoxlabsciences.comVisit Website