31 Mar 2022
Assets197.82
Total Income297.88
Profit After Tax12.17
NET Worth72.40
Reserves and Surplus58.88
Total Borrowing86.06
At a glance
Updated 2026-08-24Kross is a Mainboard IPO with an issue size of ₹500.00 crore, proposed for listing on BSE, NSE. The offer opens on 9th Sep 2024 and closes on 11th Sep 2024. The issue structure includes a fresh issue of ₹250.00 crore and an offer-for-sale component of ₹250.00 crore. The current listing schedule points to 16th Sep 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹500.00 Cr
Fresh issue₹250.00 Cr
Offer for sale₹250.00 Cr
Face value₹5
Price band₹228.00–₹240.00
Allotment12th Sep 2024
Listing16th Sep 2024
Grey market
GMP page ↗Latest GMP₹24.50
GMP / upper price10.21%
Est. listing₹264.50
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens9th Sep 2024
Closes11th Sep 2024
Allotment12th Sep 2024
Refund13th Sep 2024
Demat13th Sep 2024
Listing16th Sep 2024
Subscription demand
Full bidding ↗Total17.66×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 62 | ₹14,880 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding of capital expenditure requirements of the Company towards purchase of machinery and equipment | ₹70.00 Cr |
| Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company, from banks and financial institutions | ₹90.00 Cr |
| Funding working capital requirements of the Company; and | ₹30.00 Cr |
| General corporate purposes | ₹46.19 Cr |
Financials
Full financials ↗31 Mar 2023
Assets250.57
Total Income489.36
Profit After Tax30.93
NET Worth102.11
Reserves and Surplus88.58
Total Borrowing88.26
31 Mar 2024
Assets352.00
Total Income621.46
Profit After Tax44.88
NET Worth146.81
Reserves and Surplus119.76
Total Borrowing117.90
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 30.57% |
| ROCE | 28.15% |
| Debt / Equity | 0.80% |
| RoNW | 30.57% |
| PAT Margin | 7.22% |
| Price to Book Value | 8.84 |
Valuation & shareholding
Pre-IPO EPS8.30
Post-IPO EPS6.96
Pre-IPO P/E28.93
Post-IPO P/E34.5
Promoter holding pre100%
Promoter holding post67.7%
Market cap₹1548.23 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| BRLM fees and commissions (including underwriting commission, brokerage and selling commission) | ₹15.70 Cr |
| Brokerage and Selling commission/processing fee for SCSBs, Sponsor Banks and fee payable to the Sponsor Banks for Bids made by RIBs and Brokerage and selling commission and bidding/uploading charges for Members of the Syndicate (including their sub-Syndicate Members), Registered Brokers, RTAs and CDPs (2)(3)(4)(5) | ₹2.15 Cr |
| Fees payable to the Registrar to the Offer | ₹0.10 Cr |
| Others Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | ₹2.14 Cr |
| Printing and stationery expenses | ₹0.27 Cr |
| Advertising and marketing expenses | ₹1.65 Cr |
| Fees payable to legal counsels | ₹1.38 Cr |
| Miscellaneous | ₹4.24 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Equirus Capital Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.