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Kross Ltd.
Issue Open Date 09-Sep-24  
Issue Closing Date 11-Sep-24  
Application Money 100  
Allotment Money  
Price Band 228 - 240  
Minimium Application No. 62  
Issue Size (Shares) 15350877  
Market Lot 1  
Objective
1. Funding of capital expenditure requirements of our Company towards purchase of machinery andequipment;2. Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company, from banks and financial institutions;3. Funding working capital requirements of the Company; 4. General corporate purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   3289474   73146918   22.2366609372806  
Qualified Institutional Buyers   4385964   102281462   23.3201781865971  
Retail Individual Investors   4385964   102281462   23.3201781865971  
Business Description
We are backward integrated with design, process engineering, forging, casting and machining capabilities whichallows us greater control over process, timelines, pricing and quality. We believe that our in-house designcapabilities have been instrumental in our
Promoter's Holding
Total Share Capital   54091956  
Offered to Public   20833332  
Promoter's Holding (Pre-Issue)   99.99  
Promoter's Holding (Post-Issue)   67.7  
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Address
M - 4
Phase V I
Gamharia
Adityapur Industrial Area
Jamshedpur ,
Jharkhand ,
832108
Phone : 0657-2203812 / 2203813
Email : accounts@krossindia.com / purchase@krossindia.com
Website : www.krosslimited.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Equirus Capital Pvt Ltd
Promoters
Anita Rai
Kunal Rai
Sudhir Rai
Sumeet Rai
 
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