Kross IPO is to open on September 9. Kross is a Mainline IPO to raise ₹500 crores via IPO. The Kross IPO price band is fixed at ₹228 to ₹240 with a market lot of 62 Shares.
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.
Kross IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | Kostak | Subject to |
| Today | ₹25 | ₹- | ₹2000 |
| 13 September | ₹35 | ₹- | ₹2000 |
| 12 September | ₹50 | ₹- | ₹2500 |
| 11 September | ₹45 | ₹– | ₹2500 |
| 10 September | ₹40 | ₹– | ₹2,000 |
| 9 September | ₹- | ₹- | ₹- |
| 8 September | ₹- | ₹- | ₹- |
| 5 September | ₹- | ₹- | ₹- |
| 4 September | ₹- | ₹- | ₹- |
| 3 September | ₹- | ₹- | ₹- |
| 2 September | ₹- | ₹- | ₹- |
Kross IPO Details
| IPO Open Date: | September 9, 2024 |
| IPO Close Date: | September 11, 2024 |
| Face Value: | ₹5 Per Equity Share |
| IPO Price Band: | ₹228 to ₹240 Per Share |
| Issue Size: | Approx ₹500 Crores |
| Fresh Issue: | Approx ₹250 Crores |
| Offer for Sale: | Approx 10,416,667 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Kross IPO Dates
| IPO Open Date: | September 9, 2024 |
| IPO Close Date: | September 11, 2024 |
| Basis of Allotment: | September 12, 2024 |
| Refunds: | September 13, 2024 |
| Credit to Demat Account: | September 13, 2024 |
| IPO Listing Date: | September 16, 2024 |
Kross IPO GMP aka Grey Market Premium FAQs:
What is Kross IPO GMP Today?
Kross IPO GMP is ₹25 as of today.
What is Kross IPO Kostak Rate Today?
Kross IPO Kostak Rate is ₹- as of today.
What is Kross IPO Subject to Sauda Today?
Kross IPO Subject to Sauda is ₹2,000 as of today.
What is Kross IPO Expected Returns?
Kross IPO Expected Returns is 10%.
Disclaimer:
- IPO Grey Market Premium (Kross IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
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