The Kross IPO minimum market lot is 62 shares with ₹14,880 application amount. The Kross IPO is a Mainline IPO, and it is to be listed on BSE & NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Kross IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.03 | 0.03 | 24.55 |
| NII | 3.03 | 3.03 | 23.36 |
| bNII | 2.48 | 2.48 | 23.21 |
| sNII | 4.13 | 4.13 | 23.68 |
| RII | 4.12 | 4.12 | 11.09 |
| Total | 2.72 | 2.72 | 17.56 |
Kross IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Kross IPO Review
- May Apply
Kross IPO Form
How to apply for the Kross IPO? You can apply for Kross IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Kross IPO in the Invest section. The other option is you can apply for Kross IPO via IPO forms downloaded online. Check out the Kross forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
