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ā¢ Kross Ltd. has filed a draft red herring prospectus to raise funds through an IPO of shares worth Rs 500 crore.
ā¢ The IPO comprises a fresh issue of up to Rs 250 crore and an offer for sale of up to Rs 250 crore by the promoters.
ā¢ The company plans to use the proceeds for capital expenditure, loan repayment, working capital, and general corporate purposes.