Kross IPO Subscription Details

Bookbuilding IPO | ₹500 Cr | Listed at BSE, NSE | Mon, Sep 9, 2024 - Wed, Sep 11, 2024

Basis of Allotment - Kross IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)41,66,66662,49,9991,04,16,66510,41,66620,83,33431,25,00072,91,6672,08,33,332
Allotment price (Rs.)240240240240240240240240
No.of applications37195627,28510,96738,25211,22,10311,60,411
No.of shares applied10,19,20,62268,74,87010,87,95,4922,48,31,2484,81,82,1227,30,13,3708,37,10,29226,55,19,154
Amount collected (Rs.cr.)2,446.09 165.00 2,611.09 595.95 1,156.37 1,752.32 2,009.05 6,372.46
No.of times subscribed24.461.1010.4423.8423.1323.3611.4812.74
No.of shares allotted41,66,66662,49,9991,04,16,66510,41,66620,83,33431,25,00072,91,6672,08,33,332
Amount (Rs.cr.)100.00 150.00 250.00 25.00 50.00 75.00 175.00 500.00
No.of allottees3719561,2002,4003,6001,17,6071,21,263

IPO Shares Offered

Kross IPO is a public issue of 2.08 Cr equity shares. The issue offers 0.73 Cr shares to retail investors, 1.04 Cr shares to qualified institutional buyers, and 0.31 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,04,16,665250.00 50.00%
    Anchor 62,49,999 150.00 30.00%
    QIB (Ex Anchor) 41,66,666 100.00 20.00%
NII 31,25,00075.00 15.00%
    bNII (> ₹10L)20,83,33450.00 10.00%
    sNII (< ₹10L)10,41,66625.00 5.00%
Retail72,91,667175.00 35.00%
Total2,08,33,332500.00 100%

Kross IPO Anchor Investor Allocation

A total of 62,49,999 shares at a price of Rs 240 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 06, 2024
Anchor investor price₹240.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days31,25,000
No. of shares locked-in for 90 days31,25,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 ICICI PRUDENTIAL TRANSPORTATION & LOGISTICS FUND ICICI PRUDENTIAL MUTUAL FUND 5,41,570 13.00 8.67 2.60
2 AXIS VALUE FUND AXIS MUTUAL FUND 2,91,586 7.00 4.67 1.40
3 AXIS EQUITY SAVINGS FUND AXIS MUTUAL FUND 2,49,984 6.00 4.00 1.20
4 KOTAK MANUFACTURE IN INDIA FUND KOTAK MAHINDRA MUTUAL FUND 5,41,570 13.00 8.67 2.60
5 EASTSPRING INVESTMENTS-INDIA FUND EASTSPRING 5,41,570 13.00 8.67 2.60
6 ALPS/KOTAK INDIA ESG FUND ALPS/KOTAK INDIA 5,41,570 13.00 8.67 2.60
7 INVESCO INDIA SMALLCAP FUND INVESCO MUTUAL FUND 4,16,702 10.00 6.67 2.00
8 MOTILAL OSWAL LARGE CAP FUND MOTILAL OSWAL MUTUAL FUND 4,16,702 10.00 6.67 2.00
9 OPTIMIX WHOLESALE GLOBAL EMERGING MARKETS SHARE TRUST OPTIMIX 4,16,702 10.00 6.67 2.00
10 NATIXIS INTERNATIONAL FUNDS (LUX) I-LOOMIS SAYLES GLOBAL EMERGING MARKETS EQUITY FUND NATIXIS 4,16,702 10.00 6.67 2.00
11 TATA INFRASTRUCTURE FUND TATA MUTUAL FUND 4,16,702 10.00 6.67 2.00
12 EDELWEISS LARGE CAP FUND EDELWEISS MUTUAL FUND 2,08,320 5.00 3.33 1.00
13 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 2,08,382 5.00 3.33 1.00
14 LIC MF CHILDREN'S FUND LIC MUTUAL FUND 15,004 0.36 0.24 0.07
15 LIC MF SMALL CAP FUND LIC MUTUAL FUND 3,00,018 7.20 4.80 1.44
16 LIC MF VALUE FUND LIC MUTUAL FUND 1,01,680 2.44 1.63 0.49
17 MATTHEWS ASIA FUNDS-ASIA SMALL COMPANIES FUND MATTHEWS 2,08,413 5.00 3.33 1.00
18 MAX LIFE INSURANCE CO.LTD.-REVERSIONARY BONUS PARTICIPATING-EQUITY MAX LIFE INSURANCE 2,08,411 5.00 3.33 1.00
19 BANK OF INDIA MANUFACTURING & INFRASTRUCTURE FUND BANK OF INDIA MUTUAL FUND 2,08,411 5.00 3.33 1.00
62,49,999150.0010030.00

IPO Subscription FAQs

The Kross IPO is subscribed 17.66 times by Sep 11, 2024 18:19.

Kross IPO Subscription

Investor Category Subscription (times)
Qualified Institutional24.55
Non Institutional23.4
Retail Individual11.26
Total Subscription17.66

Retail category of Kross IPO subscribed 11.26 times as of date Sep 11, 2024 18:19. The public issue closes on Wed, Sep 11, 2024 for bidding.

An investor can apply in Kross IPO online via bank (using ASBA) or the broker (using UPI). The Kross IPO shares are offered online only.

The Kross IPO is subscribed 17.66 times by Sep 11, 2024 18:19.

The Kross IPO allotment status is expected on or around Thursday, September 12, 2024. Visit Kross IPO allotment status to check.

The Kross IPO listing date is September 16, 2024. The equity share of Kross IPO will list on BSE, NSE.

Visit Kross IPO subscription status page for real-time bidding information about Kross IPO.

Kross IPO Timetable

IPO opens OnMonday, September 9, 2024
IPO Closes OnWednesday, September 11, 2024
Finalisation of Basis of AllotmentThursday, September 12, 2024
Initiation of RefundsFriday, September 13, 2024
Credit of Shares to Demat AccountFriday, September 13, 2024
IPO Listing DateMonday, September 16, 2024
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