Kross IPO subscribed 140% so far on Day 2. Check GMP, other details

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Kross Ltd.’s IPO, which opened for subscription on Monday, has been subscribed 1.4 times by Tuesday. Retail investors led the demand, followed by non-institutional investors. The Rs 500 crore IPO includes a fresh equity sale and an offer for sale by promoters. Proceeds will be used to repay debt and fund growth.

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