Kross Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 03-09-2024 | 10-09-2024 | 5 per share | 0 | 62 Shares | Kfin Technologies Limited | 20,833,334 shares (aggregating up to ₹500.00 Cr) | 2024-09-11 18:30:00 | 2024-09-12 18:30:00 | 2024-09-12 18:30:00 | 15-09-2024 |
About The Company
Kross IPO is a book built issue of Rs 500.00 crores. The issue is a combination of fresh issue of 1.04 crore shares aggregating to Rs 250.00 crores and offer for sale of 1.04 crore shares aggregating to Rs 250.00 crores.
Kross IPO opens for subscription on September 9, 2024 and closes on September 11, 2024. The allotment for the Kross IPO is expected to be finalized on Thursday, September 12, 2024. Kross IPO will list on BSE, NSE with tentative listing date fixed as Monday, September 16, 2024.
Kross IPO price band is set at ₹228 to ₹240 per share. The minimum lot size for an application is 62 Shares. The minimum amount of investment required by retail investors is ₹14,880. The minimum lot size investment for sNII is 14 lots (868 shares), amounting to ₹208,320, and for bNII, it is 68 lots (4,216 shares), amounting to ₹1,011,840.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2022 | 198 | 298 | 12 | 72.4 | 58.88 | 86.06 |
| 30-03-2023 | 251 | 489 | 31 | 102.11 | 88.58 | 88.26 |
| 30-03-2024 | 352 | 621 | 45 | 44.88 | 119.76 | 119.76 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Qualified Institutions | 24.55 |
| Non-Institutional Buyers | 23.40 |
| Investors | 11.26 |
| Total | 17.66 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 62 | 14880 |
| Retail (Max) | 13 | 806 | 193440 |
| S-HNI (Min) | 14 | 868 | 208320 |
| HNI | 67 | 4154 | 996960 |
| HNI | 68 | 4216 | 1011840 |
IPO Listing Details
| Listing Date | 15-09-2024 |
| BSE Script Code | n/a |
| NSE Symbol | n/a |
| ISIN | n/a |
| Final Issue Price | 0 |
Promoter holdings
Sudhir Rai and Anita Rai are the promoters of the company.
Contact Information of the Company
Kross Limited
M-4, Phase VI, Gamharia,
Adityapur Industrial Area,
Jamshedpur - 832108
Phone: +91 0657 2203812
Email: investors@krossindia.com
Website: https://www.krosslimited.com/
IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: krosslimited.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager
Equirus Capital Private Limited (Past IPO Performance)