The details about the Kross Limited IPO are as:
- The issue size of the Kross IPO is 500 Cr.
- The price band for Kross Limited IPO is Rs 228 to Rs 240.
- The shares of Kross Limited IPO will list on 16th September 2024.
- The latest tentative GMP of Kross Limited IPO is Rs 40.
- The shares of Kross Limited IPO are subscribed 17.45 Times as of 11th September 2024.
Kross IPO Valuation
The approx valuation of Kross Limited IPO based on its price band and RHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 240 |
| Existing Shares (Qty) |
5.40 Cr |
| Fresh Issue |
250 Cr |
| Market Cap |
1546 Cr |
| EPS (FY24) |
Rs 8.30 |
| PE Ratio |
28.91x |
| Industry PE |
24.85x |
Kross IPO Issue Size
Kross Limited IPO issue size is 500 Cr.
| Issue |
Amount |
| Fresh Issue |
250 Cr |
| Offer For Sale |
250 Cr |
Kross IPO Market Lot
An Individual can apply for a minimum 1 lot of 62 shares and a maximum of 13 lots of 806 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
62 |
Rs 14,880 |
| Maximum |
13 |
806 |
Rs 1,93,440 |
Kross Limited IPO Share Offer
The shares of Kross Limited IPO are subscribed 17.45 Times as of 11th September 2024. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
24.55 Times |
| Non-Institutional |
Minimum 15% |
23.32 Times |
| Retail Individual |
Minimum 35% |
10.87 Times |
| Total |
|
17.45 Times |
Find below the dates for Kross Limited IPO:
| Schedule |
Date |
| Basis of Allotment |
12 September 2024 |
| Refunds |
13 September 2024 |
| Credit to Demat Account |
13 September 2024 |
| IPO Listing Date |
16 September 2024 |