JSA acts on Kross Limited IPO

Kross Limited has proposed a initial public offering (IPO) of equity shares comprising a Fresh Issue of up to ₹2,500 million and an Offer for Sale by the promoters of up to ₹2,500 million.

Kross Limited has filed its draft red herring prospectus with SEBI on November 30, 2023.

JSA is advising Kross Limited and Equirus Capital Private Limited on this IPO.

The transaction team consisted of Arka Mookerjee (Lead Partner), Pracheta Bhattacharya (Partner), Anshu Bansal (Principal Associate), Sourav Modi (Senior Associate), Jeebitesh Bhattacharya (Associate), Pooja Tada (Associate), Shambhavi Kumar (Associate) and Anvita Sinha (Associate).

Kross Limited is a diversified player focused on manufacturing and supply of trailer axle and suspension assembly and a wide range of forged and precision machined high performance safety critical parts for medium and heavy commercial vehicles and farm equipment segments and is one of the prominent manufacturers of trailer axles and suspension assembly in India.

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