JSA is advising Kross Limited and Equirus Capital Private Limited in relation to the proposed initial public offering of equity shares of Kross Limited (“IPO”) comprising a fresh issue of up to ₹2,500.00 million and an offer for sale by the promoters of up to ₹2,500.00 million. Kross Limited has filed its draft red herring prospectus with SEBI on November 30, 2023.
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.
Deal value: INR 5,000.00 million
Our transaction team lead partner – Arka Mookerjee, partner – Pracheta Bhattacharya, principal associate – Anshu Bansal, Senior Associate – Sourav Modi, Associate – Jeebitesh Bhattacharya, Pooja Tada, Shambhavi Kumar, Anvita Sinha.
Anshu practices in the areas of Capital Markets (IPO, QIP, Rights Issues, Offer for Sale, Preferential allotments, buyback in listed space etc.).