Kross Limited
09 Sep 2024 – 11 Sep 2024
LISTED
Offer Price
₹228–240
Bid lot
62
Min Application
₹14,880
Issue Size
₹500 Cr
Key dates
Open date
09 Sep 2024
Done
Close date
11 Sep 2024
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
16 Sep 2024
Today
Issue reservation
₹500 CrQIB 50%Retail 35%
QIB
1.04 Cr sh · ₹250.00 Cr
Retail
72.9 L sh · ₹175.00 Cr
BRLM: Equirus Capital Private Limited
Lot ladder — how much to bid
1 lot = 62 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
62 sh · ₹14,880
Max · 13 lots
806 sh · ₹1,93,440
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
868 sh · ₹2,08,320
Max · 67 lots
4,154 sh · ₹9,96,960
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
4,216 sh · ₹10,11,840
Entry point
₹10,11,840 onward
Issue details
Lead managersEquirus Capital Private Limited
Face value₹10
Listing onNSE
RegistrarKFin Technologies Limited
Live subscription
18.15×
0×1×2×3×+
Heavily subscribed
Book₹425.00 Cr
Subscribed₹7,713 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,04,16,667₹250.00 Cr | 24,29,16,663₹5,830 Cr | 23.32× |
| HNI | 31,25,000₹75.00 Cr | 6,94,99,999₹1,668 Cr | 22.24× |
| Retail | 72,91,667₹175.00 Cr | 7,84,58,332₹1,883 Cr | 10.76× |
| Total | 1,77,08,334₹425.00 Cr | 32,13,74,995₹7,713 Cr | 18.15× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 5830.00 |
| HNI | 1668.00 |
| Retail | 1883.00 |
| Total | 7713.00 |
Amounts at the upper band (₹240). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Kross Limited IPO?
One lot of 62 shares — ₹14,880 at the upper price band of ₹240.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2024-09-16 on NSE.