Kross IPO Date, Review, Price, Allotment Details

Kross IPO Review

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Kross IPO Details

Kross IPO IPO Market Lot

The Kross IPO minimum market lot is 62 shares with ₹14,880 application amount. The retail investors can apply up-to 13 lots with 806 shares or ₹193,440 amount.

Kross IPO Dates

The Kross IPO date is September 9 and the close date is September 11. The Kross IPO allotment will be finalized on September 12 and the IPO listing on September 16.

Promoters of Kross IPO

The promoters of the company are Sudhir Rai and Anita Rai.

About Kross IPO

Kross Limited was Established in the year 1994. The company manufactures a wide variety of high-performance, vital safety components for the tractor, trailer axle, and commercial vehicle industries. They employ innovative machinery including upsetters, forging presses, precision machining tools, foundries, and specialized software for custom services at their five manufacturing facilities in Jamshedpur, Jharkhand.

The company supplies its products to a diversified client base, including large original equipment manufacturers (OEMs), domestic dealers, and fabricators. Currently, the company manufactures a large variety of components and has the capacity to manufacture forged parts of up to 40 kg input weight. It is expanding its capacity and increasing product offerings through the expansion of existing facilities and the addition of further production lines.

Kross IPO Company Financial Report

The company reported revenue of ₹621.46 crores in 2024 against ₹489.36 crores in 2023. The company reported a profit of ₹44.88 crores in 2024 against a profit of ₹30.93 crores in 2023.

Amount ₹ in Crores

Kross IPO Valuation – FY2024

Check Kross IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Funding of capital expenditure requirements of the Company towards the purchase of machinery and equipment;
• Repayment 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;
• Funding working capital requirements of the Company; and
• General corporate purposes

Kross IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

IPO Lead Managers aka Merchant Bankers

• Equirus Capital Private Limited

Company Address

Kross IPO 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 FAQs