KRN Heat Exchanger and Refrigeration Limited
₹14,300(65 Shares)
Minimum Investment
IPO Dates
Sep 25, 2024 – Sep 27, 2024
Price Band
₹209–220 per equity share
Lot Size
65
Listing
Oct 3, 2024
Listing At
BSE, NSE
KRN Heat Exchanger and Refrigeration Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
sHNI (< ₹10L)
Bids ₹2L to ₹10L
bHNI (> ₹10L)
Bids above ₹10L
Overall Subscription
Total Bids Received
211.03x
KRN Heat Exchanger and Refrigeration Limited IPO Issue Details
- Issue Price
- ₹209-220 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 1,55,43,000 shares(aggregating up to ₹341.95 crore)
- Listing At
- BSE, NSE
- Listing Date
- Oct 3, 2024
- Registrar
- Bigshare Services Pvt Ltd
Reservation Details
Shares Offered
23,87,215
Shares Offered
31,07,455
Shares Offered
45,50,000
Company Information
KRN Heat Exchanger and Refrigeration Limited is a prominent manufacturer of fin and tube-type heat exchangers for the HVAC&R industry. The company's product lineup includes condenser coils, evaporator...
Valuations
EPS (Pre-IPO)
8.88
EPS (Post-IPO)
6.56
P/E (Pre-IPO)
24.78
P/E (Post-IPO)
33.52
RoNW
29.68%
PAT Margin
12.67%
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Invest in the wholly owned subsidiary, KRN HVAC Products Pvt Ltd for setting up a new manufacturing facility at Neemrana, Alwar, Rajasthan
- 2General corporate purposes.
KRN Heat Exchanger and Refrigeration Limited – Promoter(s)
Contact Details
Corporate Office
Plot No. F - 46, 47, 48, 49 EPIP, RIICO Industrial Area, Neemrana, Alwar 301705
KRN Heat Exchanger and Refrigeration Limited Allotment & Registrar Details
Check AllotmentBigshare Services Pvt Ltd
KRN Heat Exchanger and Refrigeration Limited IPO Documents
Frequently Asked Questions — KRN Heat Exchanger and Refrigeration Limited IPO
The KRN Heat Exchanger and Refrigeration Limited IPO price band is set at ₹209.00 to ₹220.00 per equity share.
The lot size for KRN Heat Exchanger and Refrigeration Limited IPO is 65 shares per lot. The minimum investment amount is approximately ₹14,300.
The KRN Heat Exchanger and Refrigeration Limited IPO opens on Sep 25, 2024 and closes on Sep 27, 2024.
KRN Heat Exchanger and Refrigeration Limited IPO is expected to be listed on Oct 3, 2024 on BSE, NSE.
The current GMP for KRN Heat Exchanger and Refrigeration Limited IPO is ₹230, suggesting an expected listing price of around ₹439.00. Note: GMP is an unofficial market indicator.
The registrar for KRN Heat Exchanger and Refrigeration Limited IPO is Bigshare Services Pvt Ltd. You can contact them at ipo@bigshareonline.com.
