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    Kronox Lab Sciences IPO Review

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    muthu4ca
    Kronox Lab Sciences is launching an IPO to raise capital for its growth and expansion. It is a manufacturer of high-purity specialty fine chemicals used across industries. The IPO will open on June 3, 2024 and close on June 5, 2024, with shares to be listed on June 10, 2024.

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    Kronox Lab Sciences IPO Review

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    muthu4ca
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    Kronox Lab Sciences is launching an IPO to raise capital for its growth and expansion. It is a manufacturer of high-purity specialty fine chemicals used across industries. The IPO will open on June 3, 2024 and close on June 5, 2024, with shares to be listed on June 10, 2024.

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    Kronox Lab Sciences is launching an IPO to raise capital for its growth and expansion. It is a manufacturer of high-purity specialty fine chemicals used across industries. The IPO will open on June 3, 2024 and close on June 5, 2024, with shares to be listed on June 10, 2024.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    5 views7 pages

    Kronox Lab Sciences IPO Review

    Uploaded by

    muthu4ca
    Kronox Lab Sciences is launching an IPO to raise capital for its growth and expansion. It is a manufacturer of high-purity specialty fine chemicals used across industries. The IPO will open on June 3, 2024 and close on June 5, 2024, with shares to be listed on June 10, 2024.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 7

    IPO IS THE HITTING THE STREETS NEXT WEEK

    KRONOX LAB SCIENCES IPO REVIEW

    KRONOX LAB SCIENCES IS LAUNCHING ITS


    INITIAL PUBLIC OFFERING (IPO) TO RAISE
    CAPITAL FOR ITS GROWTH AND
    EXPANSION. BELOW ARE THE KEY DETAILS
    AND INSIGHTS.
    COMPANY OVERVIEW

    Incorporated in 2008, Kronox Lab Sciences


    Limited is a manufacturer of high-purity
    specialty fine chemicals used across various
    industries. These include pharmaceuticals,
    scientific research, nutraceuticals, biotech,
    agrochemicals, personal care, metal refineries,
    and animal health products. The company
    offers over 185 products, including phosphate,
    sulfate, acetate, chloride, citrate, nitrates,
    nitrites, carbonate, EDTA derivatives,
    hydroxide, succinate, and gluconate. .
    NEW PRODUCTS AND SERVICES

    Production Plant Product Category


    Global Presence The company operates three manufacturing Kronox Lab Sciences has been
    Kronox Lab Sciences exports its facilities in Vadodara, Gujarat, near the seaports actively involved in research and
    products to over 20 countries, of Mundra, Kandla, Hazira, and Nhava Sheva. development, with ongoing R&D on
    including the United States, These facilities span 17,454 sq. m. and have an 122 products as of December 31,
    Argentina, Mexico, Australia, installed capacity of 7,242 TPA as of December 2023. Over the past three years, the
    Egypt, Spain, Turkey, the United 31, 2023. The facilities hold multiple company has served more than 592
    Kingdom, Belgium, the United certifications, including FSSC 22000, ISO customers, with 141 repeat orders
    Arab Emirates, and China. 9001:2015, ISO 14001:2015, ISO 45001:2018, and by the end of 2023. The company
    some products are certified Kosher, Halal, GMP, employs 212 people at various
    and GLP. levels.
    IPO DETAILS

    IPO Open Date: Monday, June 3, IPO Close Date: Wednesday, June 5,
    2024
    2024

    Basis of Allotment: Listing Date: Monday,


    Thursday, June 6, 2024 June 10, 2024

    Price Band: ₹129 to ₹136


    Face Value: ₹10 per share per share

    Total Issue Size: 9,570,000


    Lot Size: 110 shares shares, aggregating up to
    ₹130.15 Cr

    Offer for Sale: 9,570,000 shares Offer for Sale: 9,570,000 shares
    of ₹10, aggregating up to of ₹10, aggregating up to
    ₹130.15 Cr ₹130.15 Cr

    Issue Type: Book Built Issue IPO Listing At: BSE, NSE

    Shareholding Pre-Issue: Shareholding Post-Issue:


    37,104,000 shares 37,104,000 shares
    FINANCIAL PERFORMANCE
    Kronox Lab Sciences has shown strong financial
    performance, with consistent revenue growth and
    healthy profit margins. The company's robust balance
    sheet is a positive indicator for potential investors.

    COMPETITIVE STRENGTHS
    1. Diverse Service Portfolio: Offering a wide range of
    laboratory services mitigates the risk associated with
    dependence on a single service line.
    2. Advanced Technology: Investments in cutting-edge
    technology ensure high accuracy and efficiency in
    testing processes.
    3. Experienced Management: Led by industry veterans
    with extensive experience in laboratory services and
    business management.
    INVESTMENT RATIONALE

    Investing in Kronox Lab Sciences’ IPO provides an


    opportunity to be part of a growing company with
    strong fundamentals and a clear vision for future
    growth. The company’s focus on quality and
    innovation positions it well to capitalize on
    increasing demand for laboratory services.

    Kronox Lab Sciences’ IPO presents a promising


    investment opportunity given its strong financials,
    diversified service offerings, and strategic growth
    plans. Potential investors should consider the
    company's competitive strengths and weigh them
    against the inherent risks before making an
    investment decision.
    Thank you, to get more information
    about this IPO and to apply, message me
    today

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