Stay updated with the latest Kross IPO GMP (Grey Market Premium), Kostak rates, and Subject to Sauda rates as of today. As of now, the Kross IPO GMP hasn’t started yet, so stay tuned for the latest numbers as they become available.
The Kross IPO opens on September 9, aiming to raise ₹500 crores through its mainline offering. The IPO price band is set between ₹228 and ₹240, with a minimum market lot of 62 shares. Established in 1994, Kross Limited specializes in manufacturing a wide range of high-performance safety components for the tractor, trailer axle, and commercial vehicle industries. The company operates five advanced manufacturing facilities in Jamshedpur, Jharkhand, utilizing innovative machinery like upsetters, forging presses, precision machining tools, foundries, and specialized software to deliver custom solutions.
Kross IPO Grey Market Premium (GMP) Update
As of September 10, 2024, at 06:04 AM, the latest Kross IPO GMP is ₹48. With a price band of ₹240.00, the estimated listing price is ₹288 (cap price + today’s GMP). This reflects an expected gain of 20.00% per share.
Kross IPO Retail Subject to Sauda: ₹2,300
Kross IPO Small HNI Subject to Sauda: ₹32,200
We provide daily GMP updates. Based on the last 8 sessions of grey market activity, the IPO’s GMP is trending upwards, suggesting a strong listing. The GMP has fluctuated between ₹0 and ₹50. Stay tuned for the latest GMP trends and expected listing price updates for the Kross IPO.
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Kross Day-wise IPO GMP Trend
GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
10-09-2024 | 240 | ₹48 | 2300/32200 | ₹288 (20%) |
09-09-2024 | 240 | ₹48 | 2300/32200 | ₹288 (20%) |
08-09-2024 | 240 | ₹50 | 2400/33600 | ₹290 (20.83%) |
07-09-2024 | 240 | ₹0 | — | ₹240 (0%) |
06-09-2024 | 240 | ₹0 | — | ₹240 (0%) |
Kross IPO Dates
Latest and updated information on Kross IPO. Dates will be updated as they are announced.
IPO Activity | Date |
IPO Open Date | 09-09-2024 |
IPO Close Date | 11-09-2024 |
Basis of Allotment | 12-09-2024 |
Finalisation Date* | |
Refunds Initiation* | 13-09-2024 |
Credit of Shares | 13-09-2024 |
to Demat Account* | |
IPO Listing Date* | 16-09-2024 |
DISCLAIMER: The financial information provided here is not an offer to buy or sell securities, nor should it be considered financial advice. All information shared is intended solely for educational and informational purposes and should not be used as a basis for making investment decisions. Readers are strongly advised to consult a qualified financial advisor before making any investment decisions based on the content provided. Any investment decisions made based on this information are done entirely at the reader’s own risk. Please note that investing in equity markets carries inherent and unpredictable market risks. The author does not plan to invest in this offering.
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