About Kross

Kross Limited, formerly known as Kross Manufacturers (India) Private Limited, established in 1991, manufactures and supplies trailer axles and suspensions and a wide range of high-performance forged and precision machined safety critical parts for medium and heavy-duty commercial vehicles (M&HCV) and agricultural equipment.

The company's product portfolio includes axle shafts, companion flanges, anti-roll bars and stabilizer bar assembly, suspension linkages, differential spiders, bevel gears, planet carriers, inter-axle kits, rear-end spindles, pole wheels, and a variety of tractor components for the hydraulic lift arrangement, power take-off (PTO) shafts and front axle spindles.

The company supplies its products to major original equipment manufacturers (“OEMs”) that manufacture M&HCVs and tractors, as well as to domestic dealers and trailer axle and suspension manufacturers that supply OEMs in the M&HCV segment.

Kross Limited has five ISO 9001:2015 certified manufacturing facilities in Jamshedpur, Jharkhand, with the capacity to manufacture forgings weighing up to 40 kg. The production facilities are equipped with (i) forging presses and upsetting lines with induction heating for billets, (ii) a foundry with a high-pressure moulding line, (iii) high precision machining machines like turning centers, vertical and horizontal milling centres, Grinding, broaching, hobbing and shaping machines as well as robot welding systems, (iv) an in-house cathodic electro dip painting system (“CED system”), powder coating and spray painting and (v) heat treatment furnaces and induction hardening systems.

As of June 30, 2024, the company had 528 permanent employees.

Category	Shares Offered	Shares Applied
QIBs Investor	0.00	0.00
Total HNIs Investor	0.00	0.00
Retail Investor	0.00	0.00
Shareholders Investor	0.00	0.00
Employee Investor	0.00	0.00
Total Subscription	--	--

Updated on N/A

GMP Date	IPO Price	GMP	Estimated Listing Price	Estimated Profit*	Last Updated
20-05-2026	230	₹12.12	₹242.12 ( 5.27% )	₹751.44	30-May-2026 02:52 PM

Strengths of Company

Strong Position in Commercial Vehicle Components
Company M&HCV (Medium & Heavy Commercial Vehicles) ke liye critical components banati hai.
Axles, suspension assemblies aur forged parts jaise products vehicle ke important parts hote hain, isliye demand relatively stable rehti hai.
2. Diversified Product Portfolio
Sirf ek product par depend nahi hai.
Axles, trailer parts, forged components aur precision-machined components manufacture karti hai.
Product diversification se business risk kam hota hai.
3. Long-Term Customer Relationships
Company ke customers me bade OEMs aur automotive players shamil hain.
Long-term relationships repeat business aur revenue visibility provide karti hain.
4. Manufacturing Capabilities
In-house forging, machining aur assembly facilities hain.
End-to-end manufacturing se quality control aur cost efficiency improve hoti hai.
5. Growing Financial Performance
IPO se pehle ke saalon me revenue aur profit growth dekhne ko mili thi.
Growth investors ke liye positive signal hota hai.
6. Presence Beyond Auto Sector
Farm equipment aur infrastructure-related segments ko bhi supply karti hai.
Isse sirf commercial vehicle industry par dependency kam hoti hai.

Risks of Company

1. Customer Concentration Risk
Company ka revenue kuch bade customers se aata hai.
Agar koi major customer order kam kar de ya competitor ko shift ho jaye, to revenue aur profit par impact pad sakta hai.
2. Automobile Industry Dependency
Kross ka business commercial vehicles aur auto sector se closely linked hai.
Auto industry me slowdown aane par components ki demand bhi kam ho sakti hai.
3. Raw Material Price Fluctuation
Steel aur forged metal products raw materials ka major cost component hain.
Raw material prices badhne par margins par pressure aa sakta hai.
4. Manufacturing Risk
Production plants me machinery breakdown, labor issues, fire, power failure ya operational disruptions hone par manufacturing affect ho sakti hai.
5. Geographic Concentration
Manufacturing facilities limited locations par concentrated hain.
Kisi region me natural disaster ya local disruption ka impact operations par pad sakta hai.
6. High Competition
Auto component industry me kai organized aur unorganized players hain.
Pricing pressure aur market share competition ka risk rehta hai.
7. Working Capital Requirement
Manufacturing business me inventory aur receivables maintain karne ke liye significant working capital chahiye hota hai.
Working capital management weak hone par cash flow issues aa sakte hain.
8. Technology & EV Transition Risk
Automotive industry electric vehicles ki taraf move kar rahi hai.
Future me product demand patterns badalne par company ko technology aur product portfolio update karna padega.
9. Economic Slowdown Risk
Infrastructure spending, logistics activity aur industrial growth kam hone par commercial vehicle demand impact ho sakti hai.

Kross FAQs

The Kross IPO is a MAIN IPO with a total issue size of ₹ 500 crores. The IPO price band is fixed at ₹228 to ₹240 per share, and the minimum lot size is 62 Shares. The Kross IPO will open on 9th Sep 2024, and will close on 11th Sep 2024. has been appointed as the registrar for the issue. The equity shares are proposed to be listed on BSE,NSE.

The Kross IPO opens on 9th Sep 2024 and closes on 11th Sep 2024.

The Kross IPO lot size is 62 Share, and the minimum amount required for application is ₹ 14880.

You can apply for the Kross IPO through your bank account using the ASBA facility or via your online trading and Demat account. To apply online, log in to your broker’s platform, select Kross IPO, enter the number of lots, choose your price within the price band, and submit the application. After submitting, approve the UPI mandate to block the required amount in your bank account. Once the IPO allotment is finalised, shares will be credited to your Demat account if allotted. If not allotted, the blocked amount will be released automatically.

The Kross IPO listing date is 16th Sep 2024.