Kross Ltd IPO |
Registered Office:
M 4 Phase VI Gamharia,Adityapur Industrial Area
,
Jamshedpur
-
832108
,
Jharkhand
, India.
Phone :
+91 0657 2203812 Fax:
Email : investors@krossindia.com
Website : www.krosslimited.com
|
| Initial public offer of up to 2,08,33,332 equity shares^ of face value of
(Rs)5 each of the company for cash at a price of (Rs)240 per equity share (including a share premium of (Rs)235 per equity share) ("Offer Price") aggregating up to (Rs)500.00 crores^ ("Offer") comprising a fresh issue of up to 1,04,16,666 equity shares of face value of (Rs)5 each by the company aggregating up to (Rs)250.00 crores^ (the "Fresh Issue") and an offer for sale of up to 1,04,16,666 equity shares of face value of (Rs)5 each (the "Offered Shares") aggregating up to (Rs)250.00 crores^ (the "Offer for Sale"), comprising up to 7,000,000 equity shares of face value of (Rs)5 each aggregating up to (Rs)168.00 crores^ by Sudhir Rai , up to 3,416,666 equity shares of face value of (Rs)5 each aggregating up to (Rs)82.00 crores^ by Anita Rai (the "Promoter Selling Shareholders"). The offer shall constitute 32.30% of the post-offer paid-up equity share capital of the company.
^Subject to finalisation of basis of allotment
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 09-Sep-24 |
11-Sep-24 |
(Rs)240.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :62 Further Multiples of :62 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
236.19 |
|
| Project Financed through Current Offer |
500.00 |
|
| Post Issue Equity Share Capital |
32.25 |
|
| Issue Price |
(Rs)240.00 |
|
|