Kross Limited IPO

BSE, NSEClosed

Check Allotment

Sep 9, 2024Open Date

Sep 11, 2024Close Date

TBAAllotment Date

Sep 16, 2024Listing Date

Subscription Details

View Subscription Details

QIB23.32x

Retail10.31x

NIIs (Non-Institutional Investors)Main Category

22.15x

↳ NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

22.34x

bHNI (> ₹10L)

Bids above ₹10L

22.05x

Overall Subscription

Total Bids Received

16.56x

Updated: 10 Jul, 06:09 pm

Kross Limited IPO Issue Details

Issue Price₹228-240 Per Equity Share

Face Value₹5 Per Equity Share

Fresh Share1,04,16,667 shares(aggregating up to ₹250 crore)

Listing AtBSE, NSE

Listing DateSep 16, 2024

RegistrarKfin Technologies Limited

Reservation Details

Category	Shares Offered	%
NII	31,25,000	15%
QIB	41,66,667	20%
Anchor	62,49,999	30%

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)

Metric	FY 24	FY 23	FY 22
Total Assets	352	250.57	197.82
Total Revenue	621.46	489.36	297.88
Profit After Tax	44.88	30.93	12.17
Net Worth	146.81	102.11	72.4

* 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