SEARCH
Quotes News NAV
IPO Synopsis IPO   > IPO Synopsis
As on : Jun 21,2025 09:02 AM
Kross Ltd
Registered Office: M 4 Phase VI Gamharia,Adityapur Industrial Area, Jamshedpur - 832108, Jharkhand, India.
Phone : +91 0657 2203812   Fax:
Email :    
Website :  
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 (Rs) 240.00 (Rs) 0.00
Minimum Application for shares in Nos : 62   Further Multiples of : 62
  Lead Managers to the Issue
Project Cost (Rs.Cr) 236.19 Equirus Capital Pvt Ltd
Project Financed through Current Offer (Rs.Cr) 500.00  
Post Issue Equity Share Capital (Rs.Cr) 32.25  
Issue Price (Rs) 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