IPO Details

About Company

Incorporated in 2008, Kronox Lab Sciences Limited manufactures high-purity specialty fine chemicals for diverse end-user industries. These chemicals are used in various applications, including manufacturing APIs, pharmaceutical formulations, scientific research, nutraceuticals, biotech applications, agrochemical formulations, personal care products, metal refineries, and animal health products. The company offers a wide range of over 185 products, including phosphates, sulfates, acetates, chlorides, citrates, nitrates, nitrites, carbonates, EDTA derivatives, hydroxides, succinates, gluconates, and others. These products are supplied to customers in India and over 20 countries worldwide, including the United States, Argentina, Mexico, Australia, Egypt, Spain, Turkey, the United Kingdom, Belgium, the United Arab Emirates, and China. Kronox Lab Sciences operates three manufacturing facilities in Vadodara, Gujarat, near the seaports of Mundra, Kandla, Hazira, and Nhava Sheva. Covering 17,454 sq. m., these facilities have an installed capacity of 7,242 TPA as of December 31, 2023. Units I and II hold FSSC 22000 (Version 5), ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, with some products from Unit I also certified as Kosher, Halal, GMP, and GLP. As of December 31, 2023, the company is conducting research and development on 122 products. Over the past three years, Kronox Lab Sciences has served over 592 customers, with 141 placing repeat orders. The company employs 212 people at various levels as of December 31, 2023.