Kronox Lab Sciences IPO GMP Today ( Grey Market Premium )

The Kronox Lab Sciences IPO commenced on June 3, 2024, and concluded on June 5, 2024. The allotment of shares took place on June 6, 2024, and the initiation of refunds began on June 7, 2024. The shares were credited to the demat accounts of investors on June 7, 2024. Finally, the listing of Kronox Lab Sciences on the stock exchange occurred on June 10, 2024.

The Kronox Lab Sciences IPO was priced at ₹129 to ₹136 per share, with a lot size of 110 shares. The total issue size was ₹130.15 crores, comprising a offer for sale of ₹130.15 crores. The IPO was listed on both the NSE and BSE.

In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.

Kronox Lab Sciences IPO Basic Details

Kronox Lab Sciences IPO GMP Today:

Kronox IPO Details:

Established in 2008, Kronox Lab Sciences Limited specializes in producing high-purity specialty fine chemicals for a wide range of industries. Our chemicals are essential in manufacturing APIs, pharmaceuticals, scientific research, nutraceuticals, biotech, agrochemicals, personal care products, metal refineries, and animal health products.

We offer over 185 products, including phosphates, sulfates, acetates, chlorides, citrates, nitrates, nitrites, carbonates, EDTA derivatives, hydroxides, succinates, gluconates, and more. Our products are distributed across India and to more than 20 countries globally.

Kronox Lab Sciences exports to countries such as the United States, Argentina, Mexico, Australia, Egypt, Spain, Turkey, the United Kingdom, Belgium, the United Arab Emirates, China, and others.

Our three manufacturing facilities are located in Vadodara, Gujarat, near the seaports of Mundra, Kandla, Hazira, and Nhava Sheva. These facilities span 17,454 sq. m. with a production capacity of 7,242 TPA as of December 31, 2023. Units I and II are certified with FSSC 22000 (Version 5), ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. Additionally, some products from Unit I have Kosher, Halal, GMP, and GLP certifications.

As of December 31, 2023, our R&D department is working on 122 new products. Over the past three years, we have served more than 592 customers, with 141 placing repeat orders by the end of 2023.

Our team consists of 212 dedicated employees as of December 31, 2023.

Kronox Lab Sciences IPO More Details Click Here

Kronox Lab Sciences IPO FAQs