Kross Limited IPO has a ₹0 Grey Market Premium as of September 6, 2024, with a price range from ₹228 to ₹240 per share. Offering lots of 62 shares, the subscription window is open from September 9 to September 11, 2024.
Kross Limited IPO GMP Today
The Grey Market Premium (GMP) for Kross Limited is ₹0 as of September 6, 2024. This assessment coincides with a price of ₹228 to ₹240 per share for the IPO.
Kross Limited IPO Review
Kross Limited’s financial overview shows rising revenue, from ₹489.36 crores in March 2023 to ₹6,21.46 crores by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.
The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 30.57% highlights enhanced shareholder value generation.
To get a full IPO review, click here Kross Limited IPO
Kross Limited IPO Date
Kross Limited will start accepting subscriptions from September 9, 2024, to September 11, 2024.
Kross Limited IPO Price
Kross Limited’s price range is from ₹228 to ₹240 per share with a face value of ₹5 each.
Kross Limited
Kross Limited, a leading Indian manufacturer with over 30 years of expertise, specializes in trailer axles, suspension assemblies, and precision parts for commercial vehicles and farm equipment. Operating from five ISO-certified facilities in Jamshedpur, they offer in-house design, forging, casting, and machining. Ongoing expansions include a new casting facility and additional lines for hydraulic tractor covers and brake drum machining.
How To Apply For Kross Limited IPO?
To apply for the Kross Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Kross Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Kross Limited IPO at Alice Blue in just a few clicks!