Stay updated with the latest on Kross IPO GMP (Grey Market Premium). We provide live data and key information to help you make informed investment decisions.
Kross IPO Overview
- IPO Open Date: September 09, 2024
- IPO Close Date: September 11, 2024
- Price Band: ₹228 to ₹240 Per Share
- Issue Size: ₹500.00 Crores
- Listing Date: September 16, 2024
- Lot Size: 62 shares
Kross IPO GMP Live Rates
| Dates | IPO GMP |
|---|---|
| September 16, 2024 | ₹24 (10%) |
| September 15, 2024 | ₹24 (10%) |
| September 14, 2024 | ₹24 (10%) |
| September 13, 2024 | ₹37.50 (16%) |
| September 12, 2024 | ₹50 (21%) |
| September 11, 2024 | ₹50 (21%) |
| September 10, 2024 | ₹48 (20%) |
| September 09, 2024 | ₹48 (20%) |
| September 08, 2024 | ₹- |
| September 07, 2024 | ₹- |
| September 06, 2024 | ₹- |
| September 05, 2024 | ₹- |
| September 04, 2024 | ₹- |
| September 03, 2024 | ₹- |
| September 02, 2024 | ₹- |
IPO Timeline
| Events | Date |
|---|---|
| IPO Open Date | September 9, 2024 |
| IPO Close Date | September 11, 2024 |
| Basis of Allotment | September 12, 2024 |
| Refunds | September 13, 2024 |
| Credit to Demat Account | September 13, 2024 |
| IPO Listing Date | September 16, 2024 |
About Kross
Kross Limited, formerly known as Kross Manufacturers (India) Private Limited and established in 1991, specializes in manufacturing and supplying trailer axles, suspensions, and a broad range of high-performance forged and precision-machined safety-critical parts for medium and heavy-duty commercial vehicles (M&HCVs) and agricultural equipment.
The company’s diverse product portfolio includes, for instance, axle shafts, companion flanges, anti-roll bars, stabilizer bar assemblies, suspension linkages, differential spiders, bevel gears, planet carriers, inter-axle kits, rear-end spindles, pole wheels, and various tractor components such as hydraulic lift arrangement parts, power take-off (PTO) shafts, and front axle spindles.
Moreover, Kross Limited supplies its products to major original equipment manufacturers (OEMs) in the M&HCV and tractor sectors, as well as to domestic dealers and manufacturers of trailer axles and suspensions that serve OEMs in the M&HCV segment.
In terms of production capabilities, the company operates five ISO 9001:2015 certified manufacturing facilities in Jamshedpur, Jharkhand, with the ability to produce forgings weighing up to 40 kg. These facilities are equipped with (i) forging presses and upsetting lines with induction heating for billets; (ii) a foundry featuring a high-pressure molding line; (iii) high-precision machining equipment, including turning centers, vertical and horizontal milling centers, grinding, broaching, hobbing, and shaping machines, as well as robot welding systems; (iv) an in-house cathodic electro dip (CED) painting system, in addition to powder coating and spray painting capabilities; and (v) heat treatment furnaces and induction hardening systems.
Disclaimer
- The Grey Market Premium (GMP) mentioned for (Kross IPO GMP) is applicable only for the specific date provided.
- We do not engage in the buying or selling of IPO forms on the grey market.
- Please do not base your IPO subscription decision solely on the premium price, as it may fluctuate. Always consider the company’s fundamentals before investing.
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