Thu Sep 12 15:58:09 UTC 2024: ## Kross Ltd. IPO Oversubscribed 16.7 Times, Allotment Finalized Today

**Mumbai, September 12:** Kross Ltd.’s initial public offering (IPO) witnessed overwhelming investor interest, with the three-day subscription period ending today, September 12. The IPO was oversubscribed by a massive 16.7 times, with bids totaling over 25.66 crore shares against an offer of only 1,53,50,877 shares.

Retail investors showed strong enthusiasm, subscribing the IPO over 10.6 times. Non-institutional investors (NIIs) also demonstrated robust demand, oversubscribing the allocation by 22.2 times. Qualified institutional buyers (QIBs) exhibited the highest interest, with their segment oversubscribed by 23.32 times.

Investors can now check the allotment of their Kross Ltd IPO shares on the BSE website or the website of the IPO registrar. To access the allotment status, investors need to provide their PAN details and IPO application number.

The strong demand for Kross Ltd.’s IPO indicates investor confidence in the company’s future prospects. The allotment finalized today is expected to be highly competitive, with only a fraction of investors likely to receive their full bids.

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