Kross IPO Date, Review, Price, Allotment Details

Last Updated : September 4, 2024

Kross IPO is offering its shares to the public for the first time through an IPO on the stock exchanges BSE and NSE. The total amount they aim to raise is Rs 500.00 crore. Out of this, Rs 250.00 crore will be through new shares, and Rs 250.00 crore through existing shares. The IPO is open for subscription from 9 September, 2024 to 11 September, 2024. Each share has a face value of Rs 5, and investors can apply for shares at a price between Rs 228-240 per share. The minimum number of shares one can apply for is 62, or multiples of that as mentioned in the offer document.

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Listed

Kross IPO Details

IPO Category Type:	Mainboard
IPO Open:	9 September, 2024
IPO Close:	11 September, 2024
IPO Price Band:	₹228-240 Per Share
Face Value:	₹5 Per Equity Share
IPO Listing on:	BSE and NSE
IPO Issue Type:	Book Build Issue
IPO Size:	Approx ₹500.00 Crores
Fresh Issue:	Approx ₹250.00 Crores
Offer for Sale:	Approx ₹250.00 Crores

Kross IPO Reservation

Retail Quota:	35%
QIB Quota:	50%
NII Quota:	15%
Employee Discount:	[.]

Kross IPO Prospectus

DRHP Draft Prospectus:	Continue Reading
RHP Draft Prospectus:	Continue Reading
Anchor Investors List:	[.]

Kross IPO Market Lot Details

	Lot Size	Shares	Amount
Retail Minimum	1	62	₹14880
Retail Maximum	13	806	₹193440
S-HNI Minimum	14	868	₹208320
B-HNI Minimum	68	4216	₹1011840

Kross IPO Dates

IPO Activity	Date
Open Date:	9 September, 2024
Close Date:	11 September, 2024
Allotment Date:	12 September, 2024
Refund Date:	13 September, 2024
Shares Credit Date:	13 September, 2024
Listing Date:	16 September, 2024

Kross Company Financial Report

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	352	250.57	197.82
Revenue	621.46	489.36	297.88
Profit After Tax	44.88	30.93	12.17
Net Worth	146.81	102.11	72.4
Reserves and Surplus	119.76	88.58	58.88
Total Borrowing	117.9	88.26	86.06
Amount in ₹ Crore

Kross Company Address

Kross Limited
M-4, Phase VI, Gamharia,
Adityapur Industrial Area,
Jamshedpur,Jharkhand-832 108
India
Website: https://www.krosslimited.com/
Phone: +91 0657 2203812
Email: investors@krossindia.com

Kross IPO Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000
Email: krosslimited.ipo@kfintech.com

Kross IPO - FAQs

Q.What is Kross IPO?

Ans.Kross IPO is a Mainboard IPO. The IPO is list on BSE and NSE. The total amount Kross aim to raise is Rs 500.00 crore

Q.When Kross IPO will open?

Ans.Kross IPO is to open on 9 September, 2024 for Investors.

Q.What is Kross IPO Investors Portion?

Ans.Kross investor's portion for QIB is 50%, NII is 15%, and Retail is 35%.

Q.What is Kross IPO Size?

Ans.Kross IPO size is ₹500.00 crores.

Q.What is Kross IPO Price Band?

Ans.Kross IPO Price Band is ₹228-240.

Q.What is the Kross IPO Allotment Date?

Ans.Kross IPO allotment date is 12 September, 2024.

Q.What is the Kross IPO Listing Date?

Ans.Kross IPO listing date is 16 September, 2024. The IPO is to list on BSE and NSE.