Kross IPO GMP declines by half ahead of Monday listing. Check details

Kross IPO GMP declines by half ahead of Monday listing. Check details

The grey market premium (GMP) on Kross‘ shares have reduced by half to Rs 24 from Rs 50 ahead of the listing of the stock on September 16, Monday. This is a 10% premium over the issue price of Rs 240 per share. The three-day initial public offering (IPO) which ended on September 11 got … Read more

Kross raises Rs 150 crore from anchor investors ahead of IPO

Kross raises Rs 150 crore from anchor investors ahead of IPO

Kross Ltd has raised around Rs 150 crore from 19 anchor investors ahead of its IPO. The company has allotted 62.49 lakh shares at Rs 240 apiece, which is the upper end of the price band. Marquee anchor investors who participated in the round include EastSpring Investments, Matthews Asia Funds, LIC MF, ICICI Prudential, Axis … Read more