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Kross Limited

  • Minimum Investment
    ₹14,136
  • Price Range
    ₹228 - ₹240
  • Issue Size
    ₹500.00 Cr
  • Lot Size
    62 shares

Proceeds of this IPO to be used for

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 institutions.

Funding working capital requirements of the company.

General corporate purposes.

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Kross Limited

Long-standing relationship

The company maintains long-standing relationships with major OEMs, tier-one suppliers, domestic dealers, and fabricators for its trailer axle and suspension segment, supported by a diversified dealer network for its trailer axle and suspension assembly business

Prominent manufacturer

The company is widely recognized as one of the prominent manufacturers of trailer axles and suspension assemblies in India and one of the few players domestically with the competency to manufacture trailer axles and suspension assembly in-house

Customer concentration risk

The company's top five customers contributed a significant portion (more than 66% in each of the previous three Fiscals) of its revenues

Product pricing risk

Pricing pressure from customers may adversely affect the company's gross margin, profitability and ability to increase its prices

Competition risk

The company faces competition from both domestic as well as international players and its inability to compete effectively may have a material adverse impact on its business and results of operations

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Kross Limited

Kross was incorporated on May 9, 1991. The company is engaged in manufacturing and supplying trailer axle and suspension assemblies, along with forged and precision-machined safety-critical parts for medium and heavy commercial vehicles and farm equipment.
  • Promoter
    Sudhir Rai
  • Promoter
    Anita Rai
  • Promoter
    Sumeet Rai
  • Promoter
    Kunal Rai

Kross Limited IPO FAQs

What is Kross Limited IPO?

Kross Limited IPO refers to the initial public offering of shares by Kross Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Kross Limited IPO?

For Kross Limited IPO the issue size is ₹500 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Kross Limited IPO?

For Kross Limited IPO the minimum investment is ₹14,136. The minimum investment for Kross Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Kross Limited IPO?

For Kross Limited IPO the lot size is 62 shares. The lot size of Kross Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Kross Limited IPO on Share.Market?

To apply for Kross Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Kross Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Kross Limited IPO?

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Kross Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Kross Limited IPO?

For Kross Limited IPO the allotment date is September 12, 2024. The allotment date of Kross Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Kross Limited IPO?

For Kross Limited IPO, the subscription opens on September 9, 2024 and closes on September 11, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
17.35x Oversubscribed