Comparison between Kronox Lab Sciences IPO and Vraj Iron IPO.
Kronox Lab Sciences IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vraj Iron IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Kronox Lab Sciences IPO is up to ₹130.15 Cr whereas the issue size of the Vraj Iron IPO is up to ₹171.00 Cr. The final issue price of Kronox Lab Sciences IPO is ₹136.00 per share and of Vraj Iron IPO is ₹207.00 per share.
| Kronox Lab Sciences IPO | Vraj Iron IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹129.00 per share | ₹195.00 per share |
| Issue Price (Upper) | ₹136.00 per share | ₹207.00 per share |
| Issue Price (Final) | ₹136.00 per share | ₹207.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 110 shares | 72 shares |
| Fresh Issue Size | 0 shares | 82,60,869 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹171.00 Cr |
| OFS Issue Size | 95,70,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹130.15 Cr | up to ₹0.00 Cr |
| Issue Size Total | 95,70,000 shares | 82,60,869 shares |
| Issue Size Total (Amount) | up to ₹130.15 Cr | up to ₹171.00 Cr |
Kronox Lab Sciences IPO opens on Jun 03, 2024, while Vraj Iron IPO opens on Jun 26, 2024. The closing date of Kronox Lab Sciences IPO and Vraj Iron IPO is Jun 05, 2024, and Jun 28, 2024, respectively.
| Kronox Lab Sciences IPO | Vraj Iron IPO | |
|---|---|---|
| Anchor Bid Date | May 31, 2024 | Jun 25, 2024 |
| Issue Open | Jun 03, 2024 | Jun 26, 2024 |
| Issue Close | Jun 05, 2024 | Jun 28, 2024 |
| Basis Of Allotment (Tentative) | Jun 06, 2024 | Jul 01, 2024 |
| Initiation of Refunds (Tentative) | Jun 07, 2024 | Jul 02, 2024 |
| Credit of Share (Tentative) | Jun 07, 2024 | Jul 02, 2024 |
| Listing date (Tentative) | Jun 10, 2024 | Jul 03, 2024 |
| Anchor Lockin End date 1 | Jul 06, 2024 | Jul 31, 2024 |
| Anchor Lockin End date 2 | Sep 04, 2024 | Sep 29, 2024 |
Kronox Lab Sciences IPO P/E ratio is 30.37, as compared to Vraj Iron IPO P/E ratio of 9.48.
| Kronox Lab Sciences IPO | Vraj Iron IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.98 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 30.37 | 9.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹504.61 Cr. | ₹682.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.66% | 23.78% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 33.15% | 25.34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.48 | ₹21.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.66% | 23.78% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kronox Lab Sciences IPO Retail Individual Investors (RII) are offered 33,49,500 shares while in Vraj Iron IPO retail investors are offered 33,49,500 shares. Qualified Institutional Buyers (QIB) are offered 19,14,000 shares in Kronox Lab Sciences IPO and 16,52,174 shares in Vraj Iron IPO.
| Kronox Lab Sciences IPO | Vraj Iron IPO | |
|---|---|---|
| Anchor Investor Reservation | 28,71,000 shares | 24,78,259 shares |
| Market Maker Reservation | ||
| QIB | 19,14,000 shares | 16,52,174 shares |
| NII | 14,35,500 shares | 12,39,131 shares |
| RII | 33,49,500 shares | 28,91,305 shares |
| Employee | ||
| Others | ||
| Total | 95,70,000 shares | 82,60,869 shares |
Kronox Lab Sciences IPO subscribed 117.25x in total, whereas Vraj Iron IPO subscribed 126.36x.
| Kronox Lab Sciences IPO | Vraj Iron IPO | |
|---|---|---|
| QIB (times) | 89.03x | 173.99x |
| NII (times) | 301.92x | 221.66x |
| Big NII (times) | 322.26x | 217.50x |
| Small NII (times) | 261.22x | 229.99x |
| RII (times) | 54.24x | 58.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 117.25x | 126.36x |
