Kross Limited IPO Allotment Status Check: All You Need to Know

Last Updated on September 15, 2024 by Wenivesh Team

The allotment status for the Kross Limited IPO is expected to be finalized today, September 12, 2024. This IPO garnered significant attention from investors due to its strong demand. With an oversubscription of around 16.81 times, the IPO received bids for over 25.8 crore shares against the 1.53 crore shares on offer. If you’re looking to check your Kross Limited IPO allotment status, here’s how you can do it.

How to Check Kross Limited IPO Allotment Status Online

Investors can check their Kross Limited IPO allotment status easily using the following methods:

1. Kfin Technologies Website:

• Visit the Kfin Technologies portal.
• Select “Kross Limited” from the dropdown menu.
• Enter your PAN number, application number, or Demat account ID.
• Click “Submit” to view your Kross Limited IPO allotment status check.

1. BSE Website:

• Go to the BSE website.
• Navigate to the “Application Status” section.
• Select “Equity” as the issue type and choose “Kross Limited” from the list.
• Enter your PAN number and application number.
• Click “Search” to view your Kross Limited IPO allotment status.

Key Details of Kross Limited IPO

Investors are eager to check their Kross Limited IPO allotment status check after the strong subscription numbers. Here are some key details of the IPO:

After the Kross Limited IPO allotment status check is completed, refunds for unsuccessful bidders and crediting of shares to successful applicants’ Demat accounts will follow.

Checking Kross Limited IPO Allotment on NSE

For investors who prefer to check their Kross Limited IPO allotment status on the NSE website, follow these steps:

1. Go to the NSE website at www.nseindia.com.
2. Click on the “IPO” tab.
3. Select “IPO Allotment Status” from the dropdown menu.
4. Choose “Kross Limited” from the list of companies.
5. Enter your PAN number or IPO application number.
6. Click “Submit” to view your Kross Limited IPO allotment status check.

The Kross Limited IPO allotment status check will be available after the basis of allotment is finalized on September 12, 2024. Once the allotment is done, shares will be credited to successful applicants’ Demat accounts, and refunds will be issued for unsuccessful bids.

Kross Limited IPO Subscription Overview

The Kross Limited IPO allotment status check comes after the IPO saw a strong subscription, with investors showing high interest. Here’s a breakdown of the subscription:

With such strong interest, the demand for shares in Kross Limited was exceptionally high. If you’re one of the investors who applied for this IPO, it’s essential to perform a Kross Limited IPO allotment status check to see if you received any shares.

Grey Market Premium (GMP) for Kross Limited

The Kross Limited IPO has also seen strong interest in the grey market, with a premium of ₹30 over the issue price. This suggests positive sentiment among investors, which could translate to good listing gains. As of today, the Kross Limited IPO GMP stands at ₹30, reflecting strong demand for the stock even before its official listing.

Final Thoughts on Kross Limited IPO Allotment Status Check

The Kross Limited IPO allotment status check is a crucial step for investors waiting to see if they’ve been allocated shares in this highly anticipated IPO. With the allotment expected to be finalized today, checking your status on platforms like Kfin Technologies, BSE, or NSE is essential. Keep an eye on the Kross Limited IPO GMP as well, as it provides a glimpse into the stock’s potential performance on listing day.

Be sure to check your Kross Limited IPO allotment status and get ready for the stock’s debut on the market on September 16, 2024.

Hope this blog On Kross Limited IPO Allotment has been informative and insightful.

Please feel free to leave a comment below if you have any questions or thoughts.