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Domestic markets navigated a volatile week, ending near all-time highs. Bajaj Finance filed for a Rs 7,000 crore IPO, Kronox Lab to debut with 30% premium, Godawari Power eyes share buyback, Dr Reddy's unit gets FDA observations, and Jubilant Pharmova faces FDA scrutiny.
Based in Gujarat, Kronox Lab Sciences specializes in the manufacture of high-purity specialty fine chemicals.
Kronox Lab Sciences is a manufacturer of high-purity speciality fine chemicals for diverse end-user industries used in various applications.
Kronox Lab Sciences IPO | The IPO comprises solely an offer-for-sale of 95.7 lakh equity shares with no fresh issue component. Therefore, the entire issue proceeds will go to the selling shareholders.
The firm is likely to mobilise around Rs 150 crore through the offer, which will comprise a fresh issue of shares worth Rs 45 crore and an offer for sale of 78 lakh shares