Kross Limited
₹14,880(62 Shares)
Minimum Investment
IPO Dates
Sep 9, 2024 – Sep 11, 2024
Price Band
₹228–240 per equity share
Lot Size
62
Listing
Sep 16, 2024
Listing At
BSE, NSE
Kross Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
sHNI (< ₹10L)
Bids ₹2L to ₹10L
bHNI (> ₹10L)
Bids above ₹10L
Overall Subscription
Total Bids Received
16.56x
Kross Limited IPO Issue Details
- Issue Price
- ₹228-240 Per Equity Share
- Face Value
- ₹5 Per Equity Share
- Fresh Share
- 1,04,16,667 shares(aggregating up to ₹250 crore)
- Listing At
- BSE, NSE
- Listing Date
- Sep 16, 2024
- Registrar
- Kfin Technologies Limited
Market Lot Details
Reservation Details
NII
31.25L
QIB
41.67L
Anchor
62.5L
Company Information
Kross Limited, formerly known as Kross Manufacturers (India) Private Limited, established in 1991, manufactures and supplies trailer axles and suspensions and a wide range of high-performance forged a...
Valuations
EPS (Pre-IPO)
8.3
EPS (Post-IPO)
6.96
P/E (Pre-IPO)
28.93
P/E (Post-IPO)
34.5
RoNW
30.57%
PAT Margin
7.22%
P/B Value
8.84
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Funding of capital expenditure requirements of the Company towards the purchase of machinery and equipment
- 2Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company, from banks and financial institutions
- 3Funding working capital requirements of the Company
- 4General corporate purposes
Kross Limited – Promoter(s)
Contact Details
Corporate Office
M-4, Phase VI, Gamharia, Adityapur Industrial Area, Jamshedpur - 832108
Kross Limited Allotment & Registrar Details
Check AllotmentKfin Technologies Limited
Kross Limited IPO Documents
Frequently Asked Questions — Kross Limited IPO
The Kross Limited IPO price band is set at ₹228.00 to ₹240.00 per equity share.
The lot size for Kross Limited IPO is 62 shares per lot. The minimum investment amount is approximately ₹14,880.
The Kross Limited IPO opens on Sep 9, 2024 and closes on Sep 11, 2024.
Kross Limited IPO is expected to be listed on Sep 16, 2024 on BSE, NSE.
The current GMP for Kross Limited IPO is ₹24, suggesting an expected listing price of around ₹252.00. Note: GMP is an unofficial market indicator.
The registrar for Kross Limited IPO is Kfin Technologies Limited. You can contact them at krosslimited.ipo@kfintech.com.
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