Kronox Lab Science Ltd IPO is INR 130.15 cr, including a fresh issue of INR 45 crores & 78 lakh existing shares. Funds to be used for working capital and corporate needs.
Open Date : June 3, 2024 Close Date : June 5, 2024 Allotment Date: June 6, 2024 Listing Date: June 10, 2024
IPO Price: INR 129-136 per share Lot Size: 110 shares Total Issue Size: INR 130.15 crores
Kronox Lab Sciences Ltd shows robust financial growth. 1. Increasing profitability and strong financial management. 2. Steady revenue growth and impressive RoNW. 3. Low debt levels enhance its financial stability. 4. Attractive investment opportunity in chemical sectors.
1. Kronox Lab Sciences has a robust Total Income of ₹974.98 million. 2. Competes favorably with peers like Tatva Chintan, Tanfac Industries, Neogen Chemicals, Sigachi Industries, and DMCC Speciality Chemical. 3. Exhibits strong financials, especially in RoNW and EPS
1. Kronox Lab Science ltd aims to allocate INR 30.40 crores in Fiscal 2025 for working capital and expansion. 2. Remaining funds will support general corporate goals. 3. Coverage includes sales, personnel, capital, and lawful purposes.
1. Kronox Lab Sciences manufactures over 185 Purity Specialty Fine Chemicals. 2. Adheres to international standards in production. 3. Custom manufacturing to meet specific purity levels for various applications. 4. Reliance on the top 20 products poses a risk to business sustainability.