Sharescart Research Club logo
Products
Research
Tools
About
ChatGPT Claude Perplexity
Summarize with
ChatGPT Claude Perplexity
Join Channel
Apollo Green₹ 72 (28.6%)ASK Investment₹ 895 (-3.2%)AVPL ₹ 49 (0%)Bootes Impex₹ 775 (-8.8%)CIAL ₹ 442 (-0.5%)CSK ₹ 254 (-3.1%)ESDS Software₹ 478 (2.8%)Garuda Aerospace₹ 468 (-2.1%)Goodluck Defence₹ 385 (16%)Hero Motors₹ 325 (0%)Hinduja Leyland₹ 248 (0%)ICL Fincorp₹ 25 (0%)Incred Holdings₹ 154 (2.7%)Kineco Limited₹ 3285 (0%)Lava ₹ 60 (15.4%)Market Simplified₹ 26 (-7.1%)Matrix Gas₹ 12 (-20%)Motilal Oswal₹ 12.25 (-2%)MSEI ₹ 6.35 (-2.3%)NCDEX ₹ 368 (-1.6%)NSE ₹ 1985 (-2%)Onix Renewable₹ 68 (21.4%)OYO ₹ 23 (-4.2%)OYO Assets₹ 9.25 (-7%)Philips India₹ 1250 (0%)Polymatech Electronics₹ 56 (-3.4%)SBI Mutual₹ 768 (-0.9%)Taparia Tools₹ 6050 (0%)VCI Chemical₹ 64 (0%)Zepto ₹ 40 (-4.8%)

15 Days Price Change

Kross IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds

WEBSITE Inc. Year: 1991 Industry: Auto Ancillary Listed Page

Profile
Issue Size --
Profile
Price Range 228  to  240 per share
Profile
Min Investment ₹240
Profile
Lot Size 1
Profile
Face Value ₹5
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Kross Limited, originally established as Kross Manufacturers (India) Private Limited in 1991, specializes in the manufacture and supply of trailer axles and suspensions, along with a broad array of high-performance forged and precision machined components critical for medium and heavy-duty commercial vehicles (M&HCV) and agricultural machinery. Their extensive product range includes axle shafts, companion flanges, anti-roll bars, stabilizer bar assemblies, suspension linkages, differential spiders, bevel gears, planet carriers, inter-axle kits, rear-end spindles, pole wheels, and various tractor components such as hydraulic lift parts, power take-off (PTO) shafts, and front axle spindles. Kross Limited serves major original equipment manufacturers (OEMs) of M&HCVs and tractors, as well as domestic dealers and trailer axle and suspension producers supplying OEMs in the M&HCV sector. Read More

Basic Info

Face Value 5 per share

Price 228  to  240 per share

P/E (x) 30

Sales( Cr.) 620

PAT( Cr.) 48

EPS 8

Draft Prospectus --

Exchange BSE-NSE

Promoter

Company Promoters

Sudhir Rai Anita Rai

Pre Issue Share Holding 100%

Post Issue Share Holding 51.3%

Listing Details:

Listing Price: 240

Listing Gain: 0%

Current Price: 190.8

Gain On Issue: 190.8 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 09, 2024
Closing Date Sep 11, 2024
Allotment Sep 12, 2024
Refund Sep 13, 2024
Delivery of Shares Sep 13, 2024
Listing Date Sep 16, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 62 14,880
Retail (Max) 13 806 193,440
S-HNI (Min) 14 868 208,320
S-HNI (Max) 67 4154 996,960
B-HNI (Min) 68 4216 1,011,840

Objective of the Issue

1. Funding of capital expenditure requirements of the Company towards the purchase of machinery and equipment 2. Repayment or prepayment in full or in part of all or a portion of certain outstanding borrowings availed by the Company from banks and financial institutions 3. Funding working capital requirements of the Company 4. General corporate purposes

Issue

Category Nos Bid Bid (x)
QIB 10416667 255729175 24.6x
NII 3125000 73125000 23.4x
Retail 7291667 82104170 11.3x
EMP 0 0 0x
Total 20833334 367916678 17.7x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Kross Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 110 136 142 174 231 161 185 297 489 620 620
Other Income 0 0 0 0 0 0 0 0 1 1 5
Total Income 110 137 143 174 231 161 186 298 489 621 626
Total Expenditure 95 120 124 152 207 144 166 268 431 539 539
Operating Profit 15 17 18 22 25 17 20 30 58 82 87
Interest 8 9 9 11 10 10 9 8 12 15 12
Depreciation 3 3 3 4 4 4 5 6 4 6 7
Exceptional Income / Expenses 0 -0 0 0 0 -0 0 0 0 0 0
Profit Before Tax 3 5 6 7 11 3 7 16 42 61 67
Provision for Tax 1 2 2 2 2 1 1 4 11 16 19
Profit After Tax 2 3 4 5 9 2 6 12 31 45 48
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 3 4 5 9 2 6 12 31 45 48
Adjusted Earnings Per Share 0.4 0.6 0.7 0.9 1.7 0.4 1.1 2.2 5.7 8.3 7.4

Kross Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 34 38 42 46 55 58 64 72 102 147 435
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 6 10 6 11 11 15 30 24 27 23 5
Other Non-Current Liabilities 8 8 7 9 6 7 6 10 10 11 14
Total Current Liabilities 59 63 63 66 85 79 74 95 111 177 127
Total Liabilities 108 119 117 132 158 158 174 201 251 358 581
Fixed Assets 37 40 39 50 56 59 70 76 89 106 132
Other Non-Current Assets 0 1 0 1 1 7 1 9 10 12 56
Total Current Assets 71 78 77 82 100 92 102 117 151 240 393
Total Assets 108 119 117 132 158 158 174 201 251 358 581

Kross Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 4 4 4 6 5 1 1 13 6
Cash Flow from Operating Activities 0 0 14 20 16 16 6 18 42 8 -32
Cash Flow from Investing Activities 0 0 -2 -13 -12 -13 -9 -12 -19 -30 -26
Cash Flow from Financing Activities 0 0 -12 -6 -2 -4 4 -6 -11 15 136
Net Cash Inflow / Outflow 0 0 -1 1 1 -0 0 0 12 -7 77
Closing Cash & Cash Equivalent 0 0 4 4 6 5 5 1 13 6 83

Kross Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.43 0.61 0.73 0.93 1.66 0.36 1.06 2.25 5.72 8.3 7.44
CEPS(Rs) 0.98 1.26 1.36 1.61 2.43 1.18 1.9 3.27 6.52 9.37 8.51
DPS(Rs) 0 0 0 0 0 0 0 0 0.25 0 0
Book NAV/Share(Rs) 6.48 7.09 7.82 8.75 10.41 10.77 11.83 13.39 18.88 27.14 67.35
Core EBITDA Margin(%) 13.24 12.33 12.67 12.56 10.57 10.28 10.74 9.93 11.77 13.02 13.1
EBIT Margin(%) 10.84 9.99 10.66 10.71 9.07 7.77 8.54 8.23 11.04 12.28 12.84
Pre Tax Margin(%) 3.15 3.55 4.26 4.24 4.81 1.76 3.75 5.48 8.54 9.88 10.86
PAT Margin (%) 2.09 2.38 2.73 2.84 3.81 1.22 3.09 4.09 6.33 7.24 7.74
Cash Profit Margin (%) 4.73 4.89 5.09 4.91 5.58 3.97 5.54 5.94 7.21 8.17 8.84
ROA(%) 2.21 2.86 3.29 3.96 6.07 1.24 3.45 6.49 13.69 14.75 10.23
ROE(%) 6.98 8.99 9.79 11.23 17.28 3.44 9.38 17.84 35.45 36.06 16.52
ROCE(%) 15.41 16.39 17.18 19.86 19.58 10.46 11.94 16.3 30.95 33.57 21.8
Receivable days 93.37 77.7 88.41 71.95 59.8 89.25 74.61 56.2 38.16 47.56 85.82
Inventory Days 109.57 100.17 93.29 77.95 63.68 97.6 86.56 51.8 38.68 42.87 53.56
Payable days 91.91 79.96 74.54 64.14 53.23 75.95 68.36 38.38 33.52 42.46 59.87
PER(x) 0 0 0 0 0 0 0 0 0 0 22.4
Price/Book(x) 0 0 0 0 0 0 0 0 0 0 2.48
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.43 0.38 0.4 0.35 0.29 0.46 0.46 0.33 0.18 0.22 1.65
EV/Core EBITDA(x) 3.18 3.05 3.08 2.75 2.73 4.32 4.22 3.3 1.5 1.63 11.84
Net Sales Growth(%) 2.8 24.2 4.16 22.39 32.93 -30.45 15.42 60.39 64.27 26.94 0.03
EBIT Growth(%) 304.41 14.49 11.12 23.07 12.56 -40.44 26.86 54.51 120.38 41.27 4.58
PAT Growth(%) -1.45 41.28 19.64 27.52 77.88 -77.8 193.68 112.24 154.18 45.1 7.01
EPS Growth(%) -16.29 41.28 19.64 27.52 77.88 -78.2 193.68 112.25 154.18 45.1 -10.27
Debt/Equity(x) 1.29 1.32 1.14 1.13 1.09 1.12 1.22 1.19 0.86 0.8 0.08
Current Ratio(x) 1.21 1.23 1.23 1.24 1.19 1.17 1.39 1.22 1.36 1.35 3.08
Quick Ratio(x) 0.58 0.63 0.68 0.64 0.7 0.6 0.8 0.79 0.8 0.88 2.31
Interest Cover(x) 1.41 1.55 1.67 1.66 2.13 1.29 1.78 3 4.41 5.11 6.49
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0.03

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 28% 31% 19%
Operating Profit CAGR 6% 43% 39% 19%
PAT CAGR 7% 59% 89% 37%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 9% NA% NA% NA%
ROE Average 17% 29% 23% 16%
ROCE Average 22% 29% 23% 19%

Company Contact Information

Kross Ltd.

M - 4 , Phase V I Gamharia Adityapur Industrial Area

IPO Lead Manager(s)

Kross Ltd.

Equirus Capital Pvt Ltd

Registrar Info

Kross Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp

Error!