Kross Ltd
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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
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Initial public offer of up to 2,08,33,332 equity shares^ of face value of
Rs5 each of the company for cash at a price of Rs240 per equity share (including a share premium of Rs235 per equity share) ("Offer Price") aggregating up to Rs500.00 crores^ ("Offer") comprising a fresh issue of up to 1,04,16,666 equity shares of face value of Rs5 each by the company aggregating up to Rs250.00 crores^ (the "Fresh Issue") and an offer for sale of up to 1,04,16,666 equity shares of face value of Rs5 each (the "Offered Shares") aggregating up to Rs250.00 crores^ (the "Offer for Sale"), comprising up to 7,000,000 equity shares of face value of Rs5 each aggregating up to Rs168.00 crores^ by Sudhir Rai , up to 3,416,666 equity shares of face value of Rs5 each aggregating up to Rs82.00 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
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Opens On
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Closes On
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Application
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Allotment
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09-Sep-24
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11-Sep-24
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Rs 240.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :62 Further
Multiples of :62
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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236.19
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Project Financed through Current Offer
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500.00
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Post Issue Equity Share Capital
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32.25
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Issue Price
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Rs 240.00
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