Kronox Lab Sciences IPO Date: Resourceful Automobile Limited is planning to launch its IPO sometime on June 03, 2024. During this IPO, Kronox Lab Sciences Limited aims to raise around ₹130.14 crores. Each share will have a face value of ₹10.
The IPO has categorized participation into various segments. Retail investors, representing individuals (Retail) like ourselves, will have access to 35% of the available shares. Qualified Institutional Buyers (QIBs) will receive the largest portion at 50%, while High Net Worth Individuals (HNIs) will have access to 15%.
Table of Contents
- Kronox Lab Sciences IPO Date And Details
- Kronox Lab Sciences Limited Financial Report
- Kronox Lab Sciences Limited KPI
- Kronox Lab Sciences Limited IPO Valuation
- Peer Group
- Company Promoters
- Kronox Lab Sciences IPO Registrar
- IPO Allotment Status Check OF Kronox Lab Sciences Limited
- Company Address
- FAQs Of Kronox Lab Sciences Limited
Kronox Lab Sciences IPO Date And Details
| IPO Open: | June 3, 2024 |
| IPO Close: | June 5, 2024 |
| IPO Size: | Aggregating up to ₹130.14 Cr |
| Fresh Issue: | ₹95.70 Crores Shares |
| Offer for Sale: | NA |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹129 to ₹136 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| RHP : | Click Here |
All Upcoming IPO Please Visit – IPO mint
Kronox Lab Sciences Limited IPO Lot Size
For the Kronox Lab Sciences IPO, investors can buy a minimum lot of 110 shares, necessitating an application amount of ₹14,960. Retail investors have the option to apply for up to 13 lots, which equates to 1,430 shares or a total amount of ₹194,480.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 110 | ₹14,960 |
| Retail Maximum | 13 | 1,430 | ₹194,480 |
| S-HNI Minimum | 14 | 1,540 | ₹209,440 |
| B-HNI Minimum | 67 | 7,370 | ₹1,002,320 |
Kronox Lab Sciences IPO Subscription, Allotment & Listing Dates (Tentative)
The Kronox Lab Sciences IPO is scheduled to open on June 3, 2024, and close on June 5, 2024. The allotment of shares for the IPO will be finalized on June 6, 2024, with the listing on the stock exchange also planned for June 10, 2024.
| IPO Open Date: | June 3, 2024 |
| IPO Close Date: | June 5, 2024 |
| Basis of Allotment: | June 6, 2024 |
| Refunds: | June 7, 2024 |
| Credit to Demat Account: | June 7, 2024 |
| IPO Listing Date: | June 10, 2024 |
Kronox Lab Sciences Limited Financial Report
| Year | Revenue (₹ in Crores) | Expense (₹ in Crores) | PAT (₹ in Crores) |
|---|---|---|---|
| 2021 | ₹63.24 | ₹50.00 | ₹13.63 |
| 2022 | ₹83.34 | ₹64.98 | ₹13.52 |
| 2023 | ₹97.50 | ₹75.17 | ₹16.82 |
| Dec 2023 | ₹68.44 | ₹48.22 | ₹15.60 |
Kronox Lab Sciences Financial Report
Date: June 3, 2024
Kronox Lab Sciences Limited KPI
| Particulars | December 31, 2023 |
|---|---|
| Revenue from Operations (₹ crore) | 67.686 |
| EBITDA (₹ crore) | 20.460 |
| EBITDA Margin (%) | 30.23 |
| Profit After Tax (PAT) (₹ crore) | 15.469 |
| PAT Margin (%) | 22.60 |
| EPS (Basic & Diluted) (₹) | 4.17 |
| Total Borrowings (₹ crore) | – |
| Net worth (₹ crore) | 60.282 |
| Return on Equity (ROE) (%) | 25.66 |
| Return on Capital Employed (ROCE) (%) | 33.15 |
| Debt – Equity Ratio | – |
| Fixed Assets Turnover Ratio | 2.61 |
| Net Cash from/(used in) Operating Activities (₹ crore) | 15.312 |
| Net Cash from/(used in) Investing Activities (₹ crore) | – |
| Net Cash from/(used in) Financing Activities (₹ crore) | – |
| Revenue CAGR (Fiscal 2021 to 2023) (%) | 23.70 |
| EBITDA CAGR (Fiscal 2021 to 2023) (%) | 21.90 |
| PAT CAGR (Fiscal 2021 to 2023) (%) | 30.68 |
Kronox Lab Sciences Limited IPO Valuation
Kronox Lab Sciences IPO Valuation as FY year 2023
| Earning Per Share (EPS): | ₹4.30 per Equity Share |
| P/E Ratio: | 30.00 |
| Return on Net Worth (RoNW): | 37.19% |
| Net Asset Value (NAV): | ₹12.04 per Equity Share |
Peer Group
- Tatva Chintan Pharma Chem Limited
- Tanfac Industries Limited
- Neogen Chemicals Limited
- Sigachi Industries Limited
- DMCC Speciality Chemical Limited
Company Promoters
- Jogindersingh Jaswal
- Ketan Ramani
- Pritesh Ramani
Kronox Lab Sciences 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: tbi.ipo@kfintech.com
IPO Allotment Status Check OF Kronox Lab Sciences Limited
Check Kronox Lab Sciences IPO allotment status on the KFin Technologies Limited website allotment URL. Check Now
Kronox Lab Sciences Limited Lead Managers & Merchant Bankers
SWASTIKA INVESTMART LIMITED
Registered Office: Flat No18 Floor 2 North Wing Madhaveshwar Coop Hsg Society Ltd
Madhav Nagar, 11/12 S V Road Andheri W Mumbai Mumbai City – 400058
Telephone Number: +91-22-26254568-69 / 0731-6644244
Email Id: merchantbanking@swastika.co.in
Company Address
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/
FAQs Of Kronox Lab Sciences Limited
The basis of allotment for the Kronox Lab Sciences IPO is scheduled to be finalized on June 6, 2024.
The IPO is expected to be listed on the BSE and NSE on June 10, 2024.
Key financial metrics include Revenue from Operations, EBITDA, Profit After Tax (PAT), Earnings Per Share (EPS), Return on Equity (ROE), and Return on Capital Employed (ROCE). These metrics provide insights into the company’s financial health and performance.
The promoters of Kronox Lab Sciences Limited are Jogindersingh Jaswal, Ketan Ramani, and Pritesh Ramani.
