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KRN Heat Exchanger Limited

KRN Heat Exchanger and Refrigeration Limited, incorporated on August 25, 2017, specializes in the design, manufacture, and supply of heat exchangers and refrigeration systems for diverse industrial applications. Its product portfolio includes air-cooled heat exchangers, finned tubes, and pressure vessels, catering to sectors such as oil and gas, power generation, and chemical processing. Supported by a workforce of approximately 240 employees, the company maintains robust manufacturing and technical operations, delivering reliable and efficient solutions across its target industries.

₹209 - ₹220215.68x sub
Listed Price480.00
Listing Gain+118.18%
TimelineBookbuilding IPO
Open25 Sep 2024
Close27 Sep 2024
Allotment30 Sep 2024
Listing03 Oct 2024

Quota Reservation Portions

QIBPortion: 31,07,455 shares
28.27%
HNIPortion: 23,87,215 shares
21.72%
RetailPortion: 54,98,330 shares
50.02%

Minimum Application Bracket Matrix

Retail1 lots / 65 shares
₹14,300
sHNI14 lots / 910 shares
₹2,00,200
bHNI70 lots / 4,550 shares
₹10,01,000

About the Company

KRN Heat Exchanger and Refrigeration Limited, incorporated on August 25, 2017, specializes in the design, manufacture, and supply of heat exchangers and refrigeration systems for diverse industrial applications. Its product portfolio includes air-cooled heat exchangers, finned tubes, and pressure vessels, catering to sectors such as oil and gas, power generation, and chemical processing. Supported by a workforce of approximately 240 employees, the company maintains robust manufacturing and technical operations, delivering reliable and efficient solutions across its target industries.

Company Promoters

Mr. Santosh Kumar YadavMrs. Anju DeviMr. Manohar Lal