The Kross has begun on 09-September-2024. It will close on 11-September-2024. The Total IPO Size is 500 Crore. The company set its IPO price is 240 Rs Per Share.
Basically, there are three basic categories in Kross IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Kross is incorporated in 2009.
Kross is a diversified player focused on manufacturing and supply of trailer axle and suspension assembly and a wide range of forged and precision machined high performance safety critical parts for medium and heavy commercial vehicles (“M&HCV”) and farm equipment segments.
They supply our products to a diversified client base which includes large original equipment manufacturers (“OEMs”) manufacturing M&HCV and tractors, tier one suppliers to the OEMs in the M&HCV segment.
They operate out of five manufacturing facilities in Jamshedpur, Jharkhand.
Company Promoters
Sudhir Rai and Anita Rai are the Promoters.
Kross IPO Date, Details & Price Band
The Kross IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 09-September-2024 |
| IPO Closing Dates | 11-September-2024 |
| Price Band | 228-240 Rs |
| Fresh size | 250.00 Crore |
| OFS size | 250.00 Crore |
| Total IPO size | 500.00 Crore |
| Minimum bid (lot size) | 62 Shares |
| Face Value | 5 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Kross IPO Market Lot
The Kross IPO minimum market lot is 62 shares With 14,880 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 62 | 14,880 ₹ |
| Retail Maximum | 13 | 806 | 193,440 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-24 | 352 | 621.46 | 44.88 |
| 31-Mar-23 | 250.57 | 489.36 | 30.93 |
Kross IPO GMP & Grey Market Premium
Kross IPO GMP Grey market premium has been started today. Check Latest Kross IPO GMP, Kostak Rates and Subject to Sauda Price here.
Kross IPO Prospectus
Kross IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Kross IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor List | Download |
Kross IPO Form Download
Kross IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Kross IPO forms.
Kross IPO Allotment Date & Details
| Allotment Date | 12-Sep-2024 |
| Initiation of refunds | 13-Sep-2024 |
| Transfer of shares to Demat accounts | 13-Sep-2024 |
| Listing Date | 16-Sep-2024 |
| Check Allotment Status | Click here |
Registrar of Kross
KFin Technologies Limited
Selenium Tower B, Plot No.31-32, Gachibowli,
Financial District, Nanakramguda,
Serilingampally, Hyderabad-500032, Telangana, India; Tel: +91 40 6716 2222
E-mail: [email protected]; Website: www.kfintech.com
Investor grievance e-mail: [email protected]
Contact person: M.Murali Krishna; SEBI registration no.: INR000000221
Kross Contact Details
Kross Limited
M-4, Phase VI, Gamharia,
Adityapur Industrial Area,
Jamshedpur – 832108
Phone: +91 0657 2203812
Email: [email protected]
Website: https://www.krosslimited.com/
Kross IPO Lead Managers
Equirus Capital Private Limited
12th Floor, C Wing, Marathon Futurex,
N M Joshi Marg, Lower Parel,
Mumbai 400 013, Maharashtra, India;
Tel: +91 22 4332 0700
E-mail: [email protected];
Website: www.equirus.com
Investor grievance e-mail: [email protected]
Contact person: Malay Shah/ Mrunal Jadhav;
SEBI Registration No.: INM000011286