IPO Trending
KRNEQ / NSE, BSEListed
KRN Heat Exchanger

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.

DRHPANCHOR
₹209 - ₹220215.68x sub
Listed Price₹480.00
Listing Gain+118.18%

IPO Schedule & Timeline

Bookbuilding IPO
Open25 Sep 2024
Close27 Sep 2024
Allotment30 Sep 2024
Listing03 Oct 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB31,07,455 shares
28.27%
HNI23,87,215 shares
21.72%
Retail54,98,330 shares
50.02%

Minimum Application Lots

Retail1 Lot (65 shares)
₹14,300
sHNI14 Lots (910 shares)
₹2,00,200
bHNI70 Lots (4,550 shares)
₹10,01,000

Company Promoters

Mr. Santosh Kumar YadavMrs. Anju DeviMr. Manohar Lal

Company Background

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 genera...

Lead Managers & Bankers

Holani Consultants Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2024 )₹313.54 Cr
Growth+98.2%
Revenue Trend (₹ in Crores)
0.0120.2240.4360.6Mar 2022Mar 2023 Mar 2024
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2024 313.5439.07258.3659.69
Mar 2023 249.8832.31148.7636.64
Mar 2022158.2210.5992.7922.12

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 8.6940.86%31.21%24.7833.52
Mar-23 7.3475.94%50.46%00
Mar-222.4154.88%34.65%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
30 Sep 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
03 Oct 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for KRN Heat Exchanger. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization30 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date03 Oct 2024Trading commences on exchange

How to Check KRN Heat Exchanger Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select KRN Heat Exchanger from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About KRN Heat Exchanger IPO

Complete issue overview for KRN Heat Exchanger (KRN) IPO. The issue features an equity share price band of ₹209 – ₹220 per share with a minimum retail lot size of 65 Shares (minimum application amount of ₹14,300). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions