Exchanges
BSE, NSE
Industry
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Issue
Book building

Kross IPO

₹259.81

+8.25% on listing

Listing-day close · NSE · 16 Sep 2024 · issue price ₹240

Kross’ ₹500 crore IPO was priced at ₹240 a share. It listed on the NSE on 16 Sep 2024 and closed its first day at ₹259.81, up 8.25% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹500 Cr
Fresh issue
₹250 Cr
Offer for sale
₹250 Cr
Lot size
62 shares
Minimum investment
₹14,880
Face value
₹5
Registrar
Kfin Technologies

Subscription

Kross IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—12.74×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,548 Cr
P/E (post-issue)
34.5
EPS (post-issue)
₹6.96
Price to book
8.8
ROE
30.57%
ROCE
28.15%
Debt to equity
0.80
PAT margin
7.22%
Promoter holding
100.00% → 67.70%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
16 Sep 2024
Issue price
₹240
Open
₹240.00
High
₹270.89
Low
₹231.96
Close
₹259.81

Listing day on the NSE. The close was +8.25% on the issue price.

KROSS share price today

FAQs

When did the Kross IPO open and close?

It opened on 9 Sep 2024 and closed on 11 Sep 2024.

What was the Kross IPO price?

The price band was ₹228–240 a share. The final issue price was ₹240.

What is the lot size and minimum investment?

One lot is 62 shares, ₹14,880 at ₹240 a share. Retail investors apply in whole lots.

How much did Kross raise?

₹500 crore: ₹250 crore of new shares and ₹250 crore offered by existing shareholders.

How many times was the Kross IPO subscribed?

12.74 times overall.

How did Kross list?

It listed on the NSE on 16 Sep 2024 at ₹240.00 and closed the day at ₹259.81, up 8.25% on the ₹240 issue price.

Who is the registrar of the Kross IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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