:::LALKAR GROUP::::

Kross Ltd

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	240.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 62 Further Multiples of : 62

	(Rs)	Lead Managers to the Issue
Project Cost	236.19	Equirus Capital Pvt Ltd
Project Financed through Current Offer	500.00
Post Issue Equity Share Capital	32.25
Issue Price	240.00

Projects

Funding of capital expenditure requirements of the company towards purchase of machinery and equipment	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 institutional
Funding working capital requirements of the company	General corporate purposes

Promoted By

Sudhir Rai

Anita Rai

Sumeet Rai

Listing At

BSE

NSE

Registrar to the Issue

No Data Available