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  SEBI Circular No. CIR/MRD/DP/01/2014 Dated 7th January, 2014   Click here
  SEBI Circular No. SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/95, Dated 26th September, 2016.   Click here
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IPO Synopsis Kross Ltd
Registered Office : M 4 Phase VI Gamharia,Adityapur Industrial Area, Jamshedpur - 832108, Jharkhand, India.
Phone : +91 0657 2203812   Fax:
Email : investors@krossindia.com
Website :www.krosslimited.com
Initial public offer of up to 2,08,33,332 equity shares^ of face value of Rs. 5 each of the company for cash at a price of Rs. 240 per equity share (including a share premium of Rs. 235 per equity share) ("Offer Price") aggregating up to Rs. 500.00 crores^ ("Offer") comprising a fresh issue of up to 1,04,16,666 equity shares of face value of Rs. 5 each by the company aggregating up to Rs. 250.00 crores^ (the "Fresh Issue") and an offer for sale of up to 1,04,16,666 equity shares of face value of Rs. 5 each (the "Offered Shares") aggregating up to Rs. 250.00 crores^ (the "Offer for Sale"), comprising up to 7,000,000 equity shares of face value of Rs. 5 each aggregating up to Rs. 168.00 crores^ by Sudhir Rai , up to 3,416,666 equity shares of face value of Rs. 5 each aggregating up to Rs. 82.00 crores^ by Anita Rai (the "Promoter Selling Shareholders"). The offer shall constitute 32.30% of the post-offer paid-up equity share capital of the company. ^Subject to finalisation of basis of allotment  
Issue Money Payable On
Opens On Closes On Application Allotment
 09-Sep-24  11-Sep-24  240.00-0.00  0.00-0.00
Minimum Application for shares in Nos :  62   Further Multiples of :  62
  Rs Cr Lead Managers to the Issue
Project Cost  236.19 Equirus Capital Pvt Ltd
Project Financed through Current Offer  500.00  
Post Issue Equity Share Capital  32.25  
Issue Price  240.00  
Projects
 Funding of capital expenditure requirements of the company towards 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 institutional
 Funding working capital requirements of the company  General corporate purposes
Promoted By
 Sudhir Rai
 Anita Rai
 Sumeet Rai
Listing At
 BSE
 NSE
Registrar to the Issue
No Data available..!
 
Attention Investors: No need to issue cheques by investors while subscribing to IPO. just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account. | Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.' "
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