Kronox Lab Sciences: Letter of Offer
Kronox Lab Sciences (KRONOX) filed a disclosure titled "Letter of Offer". The company is valued at about ₹711 crore.
What happened
Kronox Lab Sciences (KRONOX) filed a disclosure with the exchanges on 9 November 2026 at 02:23 PM titled "Letter of Offer".
Company snapshot
Kronox Lab Sciences is a micro-cap company, with a market value of about ₹711 crore.
The stock last traded at ₹191.7, against a 52-week range of ₹96–₹227.7 (15.8% below the high).
Before this filing the shares had moved −7.7% over the month and +16.5% over three months. Average daily turnover over the last 20 sessions was about ₹0.92 crore.
Promoters held 64.26% at the end of Q2 FY27, down 9.95% points from the previous quarter. Foreign institutions owned 0.10% and domestic institutions 2.54%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| 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 |
| Q2 FY27 | 55 | 13.7 | 3.7 |
What history shows
This is not the company's first open offer disclosure: BCEIE has 11 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 8.2% on average the next trading day and was up 2.5% on average after five days (9 filings with price data).
Market-wide, 354 open offer filings with an impact score of 50 or more saw an average next-day move of +2.1%, 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% | −4.0% |
| 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% |
In the news
Recent coverage elsewhere (links open the original publisher):
- Kronox Lab Sciences Limited Open Offer Seeks 25.79% at ₹157.27
- Kronox Lab Sciences Q2FY27 Results: Net profit dips 3.5% YoY to ₹644 lakh
- Kronox Lab Sciences Upper Circuit Today: Price, Data and Peers
- Kronox Lab Sciences Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2026
- Kronox Lab Sciences Open Offer Seeks 25.79% at ₹157.27
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.