Kronox Lab Sciences: IIFL Capital Services Ltd (formerly known as IIFL Securities Ltd) ("Manager to the Open Offer") has…
Kronox Lab Sciences (KRONOX) filed a disclosure titled "IIFL Capital Services Ltd (formerly known as IIFL Securities Ltd) ("Manager to the Open Offer") has submitted to BSE a copy of Offer Opening Public Announcement in accordance…". The company is valued at…
What happened
Kronox Lab Sciences (KRONOX) filed a disclosure with the exchanges on 5 November 2026 at 04:30 PM titled "IIFL Capital Services Ltd (formerly known as IIFL Securities Ltd) ("Manager to the Open Offer") has submitted to BSE a copy of Offer Opening Public Announcement in accordance…".
Company snapshot
Kronox Lab Sciences is a micro-cap company, with a market value of about ₹725 crore.
The stock last traded at ₹195.4, against a 52-week range of ₹96–₹227.7 (14.2% below the high).
Before this filing the shares had moved +0.2% over the month and +21.9% over three months. Average daily turnover over the last 20 sessions was about ₹0.97 crore.
Promoters held 74.21% at the end of Q1 FY27. Foreign institutions owned 0.04% and domestic institutions 2.07%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 24 | 6.3 | 1.7 |
| Q2 FY26 | 26 | 6.7 | 1.82 |
| Q3 FY26 | 25 | 6.6 | 1.79 |
| Q4 FY26 | 26 | 8 | 2.18 |
| Q1 FY27 | 28 | 7.3 | 2 |
What history shows
BCEIE's records show 9 previous open offer filings from the company since May 2026.
After those filings, the stock gained 8.2% on average the next trading day and was up 3.5% on average after five days (9 filings with price data).
Market-wide, 351 open offer filings with an impact score of 50 or more saw an average next-day move of +2.0%, with 57% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 29 Oct 2026 | IIFL Capital Services Ltd ("Manager to the Open Offer") has… | −0.2% | — |
| 29 Sept 2026 | Open offer | −5.2% | — |
| 5 Sept 2026 | 'Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015… | −5.3% | −7.8% |
| 4 Sept 2026 | Draft Letter of Offer | −5.3% | −7.8% |
| 28 Aug 2026 | Publication Of Detailed Public Statement ('DPS') In Connection With… | +0.9% | +0.3% |
Market reaction so far
Since the filing, the stock has fallen 1.0%, from ₹197.3 before the disclosure to ₹195.4 (last close).
What to watch
- 5 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Kronox Lab Sciences Open Offer Sets ₹150.5 Crore Value
- Kronox Lab Sciences Limited Estimates – NSE:KRONOX
- Kronox Lab Sciences Upper Circuit Today: Price, Data and Peers
- Indo Borax pledges 51.94 lakh Kronox shares for ₹225 crore term loan
- Kronox Lab Sciences Limited (KRONOX.NS) Seasonal returns chart
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.