Kross IPO GMP Today
The Kross IPO GMP is ₹50 (+20.8% over the upper price band of ₹240) as of 11 Sep 2024, giving an estimated listing price of ₹290 per share. On a minimum application of 62 shares, that is an estimated gain of ₹3,100. GMP has risen by ₹50 since tracking began on 4 Sep.
Last updated
- Issue Price
- ₹240
- GMP
- ₹50
- GMP %
- +20.8%
- Est. listing
- ₹290
- Est. gain / application
- +₹3,100
Kross IPO GMP trend
Tracked for 9 days. High ₹50 on 8 Sep, low ₹0 on 4 Sep.
Kross IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (62 sh) |
|---|---|---|---|---|---|
| (latest) | ₹50 | 0 | 20.83% | ₹290 | +₹3,100 |
| ₹50 | +₹2 | 20.83% | ₹290 | +₹3,100 | |
| ₹48 | -₹2 | 20.00% | ₹288 | +₹2,976 | |
| ₹50 | +₹50 | 20.83% | ₹290 | +₹3,100 | |
| ₹0 | 0 | 0.00% | ₹240 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹240 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹240 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹240 | ₹0 | |
| ₹0 | — | 0.00% | ₹240 | ₹0 |
Est. listing = upper price band (₹240) + GMP. Est. gain = GMP × 62 shares (1 lot, the minimum application).
Kross IPO subscription status
| QIB | 23.32x |
|---|---|
| bNII | 22.05x |
| sNII | 22.61x |
| Retail | 10.76x |
| Total | 16.81x |
Reading the Kross IPO GMP
The grey market premium is the price above the issue price at which Kross IPO shares are informally traded before listing. A GMP of ₹50 on an upper band of ₹240 suggests the shares could open around ₹290, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand. Check it together with the subscription numbers and the company's financials before applying.
Kross IPO GMP: FAQs
- What is Kross IPO GMP today?
- The latest grey market premium (GMP) for the Kross IPO is ₹50 as of 11 September 2024, which is 20.83% over the upper price band of ₹240.
- What is the expected listing price of Kross IPO?
- Based on the current GMP, the estimated listing price of Kross IPO is ₹290 per share (₹240 issue price + ₹50 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Kross IPO?
- The lot size is 62 shares. The minimum application is 1 lot, which costs ₹14,880 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.