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June 3, 2024 - June 5, 2024

Kronox Lab Sciences IPO Review & Recommendations

Adroit Financial Services Private Limited, Dilip Davda, Swastika Investmart Ltd and Ventura Securities Limited have given "Apply" recommendation to Kronox Lab Sciences IPO. Capital Market has "Neutral" view about the IPO. Asit C. Mehta Investment Intermediates Ltd, Axis Capital, JM Financial Institutional Securities and SMC Global have "Not Rated" the IPO.

Kronox Lab Sciences IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 4 0 1 0 4
% 44.44 0.00 11.11 0.00 44.44

Kronox Lab Sciences IPO Analysis By Brokers/Analysts

Kronox Lab Sciences IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Kronox Lab Sciences IPO is 46. Their analysis recommends May subscribe for the IPO.

Reviewer Rating Score Rating
Capital Market 46 May subscribe

Kronox Lab Sciences IPO Review by Dilip Davda (Apply)

[Dilip Davda]  The company is in high-purity speciality chemical segment and enjoys virtual monopoly in certain products. Its product portfolio currently has 185 products and another 122 is in the pipeline. Based on FY24 annualized earnings, the issue appears fully priced. Investors may park funds for the medium to long term rewards. Read detail review...

Kronox Lab Sciences IPO Peer Comparison

Kronox Lab Sciences Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Kronox Lab Sciences Limited4.304.3012.0437.1911.30
Tatva Chintan Pharma Chem Limited19.4519.45220.0757.578.845.09Consolidated
Tanfac Industries Ltd.56.2756.27184.7439.1530.4611.92Consolidated
Neogen Chemicals Ltd18.9418.94182.9077.5510.368.03Consolidated
Sigachi Industries Limited1.421.428.7346.6416.227.57Consolidated
DMCC Speciality Chemical Limited2.782.7879.49116.573.504.08Consolidated

Source:

All the financial information for listed industry peers mentioned above is on a consolidated basis (unless otherwise available only on a standalone basis) and is sourced from the filings made with stock exchanges, available on www.bseindia.com and www.nseindia.com for the Financial Year ending March 31, 2023.

Source for Kronox Lab Sciences Limited: Based on the Restated Financial Statements for the year ended March 31, 2023. The P/E Ratio shall be computed at the Offer Price.

Notes:

  1. Current Market Price (CMP) is the closing prices of respective scrips as on May 17, 2024.
  2. The P/E Ratio has been computed based on the closing market price of equity shares on May 17, 2024, divided by the diluted EPS.
  3. RoNW is computed as net profit after tax attributable to equity shareholders divided by Net Worth as at March 31, 2023.
  4. NAV is computed as the closing Net Worth divided by the closing outstanding number of equity shares.

Kronox Lab Sciences IPO Review by Members

Kronox Lab Sciences IPO Reviews, analysis and views by popular members. Read Kronox Lab Sciences Limited IPO reviews by retail investors to find recommended ipo to buy.

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Kronox Lab Sciences IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 3 1 0 0
% 75.00 25.00 0.00 0.00
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Member Review
chIPOrgarh (200+ Posts)

Apply for Long Term at Cut-off Price

Profit-making and debt-free company.

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May 29, 2024 11:18:01 AM
Dhanvantri

May Apply for Listing Gain at Upper Price Band

There is no pending case against company yoy making profits complete issue is offer for Sale this gives doubt against company why you are selling when you are sitting on hefty profit .No fresh issue.Company doubtful.

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June 1, 2024 8:59:37 AM
Meeraj ipo investor

Apply for Listing Gain at Cut-off Price

Apply For Listing Gain Demand Raising continuous

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May 30, 2024 8:55:05 AM

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