Jamshedpur

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

by
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 IPO subscribed 2.56 times on Day 2. Check GMP, other details

by
Kross IPO subscribed 2.56 times on Day 2. Check GMP, other details

The initial public offering (IPO) of Kross Ltd., which opened for subscription on Monday, was subscribed 2.56 times on Tuesday, the second day of the bidding process. The highest demand was driven by the retail investors, booking the issue by 3.87 times, followed by the non-institutional investors, subscribing to the issue by 2.87 times. The … Read more