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Home All IPOs KRN Heat Exchanger & Refrigeration Ltd. IPO
KRN Heat Exchanger & Refrigeration Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹220
Issue Price
₹220
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹220
GMP based
Lot Size
65
shares / lot
Min Amount
₹14,300
1 lot · 65 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
25 Sep 2024
Wed Completed
Done
Close Date
27 Sep 2024
Fri Completed
Done
Allotment
30 Sep 2024
Mon Completed
Done
Refund
01 Oct 2024
Tue Completed
Done
Demat Credit
01 Oct 2024
Tue Completed
Done
Listing Date
03 Oct 2024
Thu Completed
UPI Deadline: 27 Sep 2024
Issue Details
Pricing & Size
Issue Price
₹220 Face ₹10
Lot Size
65 shares
Min Investment
₹14,300
Total Issue Size
1,55,43,000 shares (aggregating up to ₹341.95 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
76,57,455 (49.27%)
NII / HNI
23,87,215 (15.36%)
Retail
54,98,330 (35.37%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
4,39,99,980 shares
Post-Issue Shareholding
5,95,42,980 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 65 ₹14,300
HNI / NII 14 910 ₹2,00,200
bHNI / bNII 70 4,550 ₹10,01,000
Objects of Issue
2 objectives
1
Invest in the wholly owned subsidiary, KRN HVAC Products Pvt Ltd for setting up a new manufacturing facility at Neemrana, Alwar, Rajasthan, and
2
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Holani Consultants Pvt.Ltd.
IPO Timeline
Open
25 Sep
✓ Done
Close
27 Sep
✓ Done
Allotment
30 Sep
✓ Done
Listing
03 Oct
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cs@krnheatexchanger.com
Phone
+91 – 9257025440
Address
Plot No. F - 46, 47, 48, 49 EPIP, RIICO Industrial Area, Neemrana, Alwar Alwar, Rajasthan
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹220
Est. Listing
₹220
Lot Size
65 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
KRN Heat Exchanger & Refrigeration Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
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| Price
Market Reference
IPO Issue Price
₹220
GMP
+₹0 (+0%)
GMP Est. Listing
₹220
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 76,57,455 (49.27%) ₹16,846.40 Cr
NII / HNI (Total) 23,87,215 (15.36%) ₹5,251.87 Cr
Retail Investors 54,98,330 (35.37%) ₹12,096.33 Cr
Total ** 1,55,43,000 (100.00%) ₹341,946.00 Cr
* Based on ₹220.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
76,57,455 (49.27%)
NII
23,87,215 (15.36%)
Retail
54,98,330 (35.37%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31 Mar 2024
Revenue313.54
PAT39.07
EBITDA
Net Worth131.65
Total Assets258.36
Reserves
Borrowings59.69
Key Financial Ratios
40.86%
ROE
Return on Equity
31.21%
ROCE
Return on Capital Employed
29.68%
RONW
Return on Net Worth
12.67%
PAT Margin
PAT / Revenue
0.45
D/E Ratio
Debt to Equity
8.88
Pre EPS
EPS Pre-Issue
6.56
Post EPS
EPS Post-Issue
24.78
Pre P/E
P/E Pre-Issue
33.52
Post P/E
P/E Post-Issue
About KRN Heat Exchanger & Refrigeration Ltd.

KRN Heat Exchanger and Refrigeration Ltd is a leading manufacturer of fin and tube-type heat exchangers. The company manufactures Copper and Aluminium fins and copper tubes heat exchangers, water coils, condenser coils, and evaporator coils. It manufactures heat exchanger tubes of different shapes and sizes from 5 mm diameter to 7 mm, 9.52 mm, 12.7 mm, and 15.88 mm. All the products offered are used in the domestic, commercial, and industrial Heating, Ventilation, air conditioning and refrigeration (HVAC&R) industry.

Daikin Airconditioning India Pvt Ltd, Schnieder Electric IT Business India Pvt Ltd, Kirloskar Chillers Private Ltd, Blue Star Ltd, Climaventa Climate Technologies Pvt Ltd and Frigel Intelligent Cooling Systems India Pvt Ltd are some of the prestigious customers. The company also export products overseas to countries including UAE, USA, Italy, Saudi Arabia, Norway, Czech Republic, Germany, UK, and more.

Its manufacturing facility is situated in Neemrana, Rajasthan over an aggregated area of 7,800 sq. mt. The company uses the latest coil manufacturing machines including Hair Pin Bender, Fin Press Machine, CNC Tube Bender, and Vertical Expander.

Frequently Asked Questions
What is the issue price of KRN Heat Exchanger & Refrigeration Ltd. IPO?
The issue price of KRN Heat Exchanger & Refrigeration Ltd. IPO is ₹220 per share, face value ₹10.
What is the lot size?
Minimum lot size is 65 shares, requiring ₹14,300.
What are the IPO dates?
Opens 25 Sep 2024, closes 27 Sep 2024.
When is the listing date?
Tentative listing: 03 Oct 2024 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹220 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

KRN Heat Exchanger & Refrigeration Ltd. IPO · Expected 30 Sep 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
30 Sep 2024
Refund Initiation
01 Oct 2024
Demat Credit
01 Oct 2024
Listing Date
03 Oct 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹220
Face ₹10
Lot Size
65
shares / lot
Min Amount
₹14,300
1 lot
Est. Listing
₹220
GMP +₹0
Key Dates
Open
25 Sep Done
Close
27 Sep Done
Listing
03 Oct Done
Registrar
Bigshare Services Pvt.Ltd.
A
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