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KRN Heat Exchanger & Refrigeration Ltd.

KRN Heat Exchanger & Refrigeration Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹220
₹220
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹220
Based on GMP
Min. Investment
₹14,300
1 lot × 65 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
25 Sep 2024
Close Date
27 Sep 2024
Allotment
30 Sep 2024
Listing Date
03 Oct 2024
Exchange
NSE & BSE
Price Band
₹220
Listing Price
See chart
Allotment Status
Check Now →
Price Band
₹220
Per share
Face Value
₹10 per share
 
Lot Size
65 Shares
per lot
Issue Size
1,55,43,000 shares (aggregating up to ₹341.95 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,300
1 lot
Pre-IPO Holding
4,39,99,980 shares
Promoters
Post-IPO Holding
5,95,42,980 shares
Promoters
P/E (Pre)
24.78x
 
P/E (Post)
33.52x
 
EPS (Pre)
₹8.88
 
EPS (Post)
₹6.56
 
UPI Deadline
2024-09-27
Mandate
Anchor AllotmentTue, 24 Sep 2024
Basis of AllotmentMon, 30 Sep 2024
Refund InitiationTue, 01 Oct 2024
Demat CreditTue, 01 Oct 2024
Listing DayThu, 03 Oct 2024
UPI Mandate Deadline2024-09-27
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
KRN Heat Exchanger & Refrigeration Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Sep 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
15,543,000
 100% ₹341.95
IPO Shares Offered
KRN Heat Exchanger & Refrigeration Ltd. IPO total issue size: ₹341.95 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 15,543,000 ₹341.95
100.00%
* Based on upper price band ₹220 per share
Lot Size & Investment
Lot Size
65
Shares per Lot
Issue Price
₹220.00
Upper Band
Min Investment
₹14,300
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2130₹28,600
Retail (Max — 13 Lots)13845₹185,900
S-HNI (Min — 14 Lots)14910₹200,200
B-HNI (Min — 70 Lots)704,550₹1,001,000
* Issue Price ₹220 × Lot Size 65 shares
IPO Schedule
Anchor
24 Sep 2024
✓ Done
IPO Open
25 Sep 2024
✓ Done
IPO Close
27 Sep 2024
✓ Done
Allotment
30 Sep 2024
✓ Done
Refunds
01 Oct 2024
✓ Done
Demat Credit
01 Oct 2024
✓ Done
Listing Day
03 Oct 2024
✓ Done
KRN Heat Exchanger & Refrigeration Ltd. — Live Price LIVE
₹220.00
INR · BSE
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Issue ₹220.00 Live Price
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.
Objects of the Issue
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.
KRN Heat Exchanger & Refrigeration Ltd. Financials (Amount in Crore)
Revenue from Operations
N/A
FY 2022-23
N/A
FY 2023-24
₹313.5
31 Mar 2024
Profit After Tax (PAT)
N/A
FY 2022-23
N/A
FY 2023-24
₹39.1
31 Mar 2024
Particulars31 Mar 2024FY 2023-24FY 2022-23
Revenue from Operations 313.54 N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) 39.07 N/A N/A
Net Worth 131.65 N/A N/A
Total Assets 258.36 N/A N/A
Reserves & Surplus N/A N/A N/A
Borrowings 59.69 N/A N/A
EBITDA Margin (%) N/A — —
PAT Margin (%) 12.67% — —
RoE
40.86%
RoCE
31.21%
RoNW
29.68%
PAT Margin
12.67%
Debt/Equity
0.45
Issue Structure & Shareholding
Total Shares Offered1,55,43,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding4,39,99,980 shares
Post-Issue Promoter Holding5,95,42,980 shares
P/BV RatioN/A
RoE40.86%
RoCE31.21%
Debt / Equity0.45
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Holani Consultants Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much KRN Heat Exchanger & Refrigeration Ltd. IPO subscribed? ▲

KRN Heat Exchanger & Refrigeration Ltd. IPO is subscribed 1.00 times by Sep 27, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is KRN Heat Exchanger & Refrigeration Ltd. IPO retail subscription status? ▼

The KRN Heat Exchanger & Refrigeration Ltd. IPO retail category is subscribed 1.00 times as of 27 Sep 2024. The retail portion is oversubscribed.

How to subscribe KRN Heat Exchanger & Refrigeration Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 25 Sep 2024 and closes 27 Sep 2024. Min investment: ₹14,300 (1 lot = 65 shares). UPI mandate: 2024-09-27.

How many times KRN Heat Exchanger & Refrigeration Ltd. IPO subscribed? ▼

The KRN Heat Exchanger & Refrigeration Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check KRN Heat Exchanger & Refrigeration Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 30 Sep 2024. Refunds: on 01 Oct 2024.

When KRN Heat Exchanger & Refrigeration Ltd. IPO will be listed? ▼

The KRN Heat Exchanger & Refrigeration Ltd. IPO listing date is 03 Oct 2024, Thursday. Listed on: NSE & BSE. Issue price: ₹220. Estimated listing: ₹220. GMP: NIL.

When KRN Heat Exchanger & Refrigeration Ltd. IPO close? ▼

The KRN Heat Exchanger & Refrigeration Ltd. IPO closes on 27 Sep 2024, Friday. UPI mandate: 2024-09-27. Allotment: 30 Sep 2024. Listing: 03 Oct 2024.

Quick Actions
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Live Price LIVE
Last Price₹220.00
Change—
Issue Price₹220.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹220
Face Value₹10
Lot Size65 Sh
Min. Amount₹14,300
GMPNIL
Est. Listing₹220
Subscribed1.00x
Open Date25 Sep 2024
Close Date27 Sep 2024
Allotment30 Sep 2024
Listing Date03 Oct 2024
ExchangeNSE & BSE
UPI Deadline2024-09-27