Kross IPO
Auto Components/Trailer - Listed on 16 September 2024
Kross IPO listing summary
Kross (Auto Components/Trailer) closed its IPO window in 2024 and listed on NSE and BSE on 16 September 2024 at an upper band issue price of Rs 240, opening at Rs 240 for a listing gain of 0.0% and closing day one at Rs 259.81 (+8.3% on closing basis). The IPO was subscribed 16.50x overall - QIB 23.32x, HNI/NII 22.12x, Retail 10.19x. The total issue size was Rs 500 Cr (Fresh Issue Rs 250 Cr, OFS Rs 250 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Kross IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 50 | +12.50% |
| Day 2 | Rs 50 | +16.67% |
| Day 3 | Rs 50 | +20.83% |
| Day 4 | Rs 50 | +20.83% |
| Day 5 | Rs 50 | +20.83% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Kross IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Kross IPO - FAQs
What was the listing gain of Kross IPO?
Kross IPO listed at 0.0% versus the upper issue price of Rs 240 on 16 September 2024.
How many times was Kross IPO subscribed?
Kross IPO was subscribed 16.50x overall. QIB portion was subscribed 23.32x, HNI / NII 22.12x and Retail 10.19x.
What was the IPO GMP for Kross?
IPO GMP started at Rs 50 on Day 1 and moved to Rs 50 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.