Kross IPO allotment – How to check allotment, IPO GMP, listing date and more

• Kross is expected to announce its share allotment status on Thursday, September 12.
• The shares of Kross were subscribed 16.59 times.
• The shares are expected to be listed on the stock exchanges on September 16.

Jharkhand-based Kross, a manufacturer and supplier of trailer axles and suspensions is expected to announce the allotment status of its initial public offering (IPO) on Thursday, September 12.

The Kross IPO opened on September 9 and closed on September 11. The price band for the IPO was ₹228 to ₹240 per share.

Kross IPO subscription

On its last day, the Kross IPO was subscribed 16.59 times, receiving bids for 25.47 crore equity shares against 1.54 crore shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 23.32 times, the non-institutional investor's portion was subscribed 22.16 times. The retail portion witnessed decent participation and was subscribed 10.36 times.

Kross grey market premium

The shares of Kross are currently commanding a grey market premium (GMP) of ₹45 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check Kross’s IPO allotment status

You can check the allotment status on the registrar’s website.

• To check the Kross IPO allotment status, visit the registrar’s website here.
  
• Click on ‘Company Selection’ and then select ‘Kross’.
  
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  
• Click on ‘Search’.
  

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Kross IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

• Go to the BSE website.
  
• On the website, click on 'Equity' and then select ‘Kross’ from the dropdown menu.
  
• Now, enter your application number and PAN.
  
• Click on 'Search'.
  

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Kross listing date

The shares of Kross will be listed on the stock exchanges on September 16.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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