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KRN Heat Exchanger and Refrigeration IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 341.95 Cr. The company is based in Alwar and caters to Engineering sector. Holani Consultants is the merchant banker of KRN Heat Exchanger and Refrigeration IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th January 2024.
KRN Heat Exchanger and Refrigeration IPO open date is 25th September 2024 and close date is 27th September 2024. IPO Allotment Date is 30th September 2024 and Listing date is 3rd October 2024.
IPO
Size:
₹ 341.95 Cr.
Avg IPO Size (Sector Based)
: ₹
623.18 cr.
Sector: Engineering
IPO so far:
38
Merchant Banker:
Holani Consultants
IPO by BRLM so far:
2
City:
Alwar
IPO so far:
1
Revenue (annualised):
₹
313.54
cr. 
PE
Ratio:
33.52x
Average Sector PE Ratio: 23.04x
KRN Heat Exchanger and Refrigeration IPO size is ₹ 341.95 Cr. with IPO price of ₹ 220.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Holani Consultants Private Limited is the book-running lead manager of the KRN Heat Exchanger and Refrigeration IPO. Bigshare Services Private Limited is the Registrar for KRN Heat Exchanger and Refrigeration IPO.
KRN Heat Exchanger and Refrigeration IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
KRN Heat Exchanger and Refrigeration IPO, based in Alwar, operates in the Engineering sector with a focus on Leading manufacturer of fin and tube-type heat exchangers. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. KRN Heat Exchanger and Refrigeration IPO size is ₹ 341.95 Cr. with fresh issue size of ₹ 341.95 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for KRN Heat Exchanger and Refrigeration IPO is expected to be 30th September 2024, after the finalization of basis of allotment. Investors can check KRN Heat Exchanger and Refrigeration IPO allotment status on the registrars website, Bigshare Services Private Limited . KRN Heat Exchanger and Refrigeration IPO refund dates are 1st October 2024.
KRN Heat Exchanger and Refrigeration IPO is expected to be listed on 3rd October 2024.
The upper price band for the KRN Heat Exchanger and Refrigeration IPO is set at ₹ 220.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on KRN Heat Exchanger and Refrigeration IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the KRN Heat Exchanger and Refrigeration IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th September 2024. After submission, funds are blocked until the basis of allotment of KRN Heat Exchanger and Refrigeration IPO is finalised.
The merchant banker for KRN Heat Exchanger and Refrigeration IPO is Holani Consultants Private Limited . Holani Consultants Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the KRN Heat Exchanger and Refrigeration IPO RHP for further details.
The registrar for KRN Heat Exchanger and Refrigeration IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to KRN Heat Exchanger and Refrigeration IPO through their official website or helpline.
KRN Heat Exchanger and Refrigeration IPO was subscribed 213.41 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 341.95 Cr.
Avg IPO Size (Sector Based)
:
₹ 623.18 Cr.
Sector: Engineering
IPO so far:
38
Merchant Banker:
Holani Consultants
IPO by BRLM so far:
2
City:
Alwar
IPO so far:
1
Revenue (annualised):
₹ 308.28 cr.
PE
Ratio:
33.52x
Average Sector PE Ratio: 23.04x
KRN Heat Exchanger and Refrigeration IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on KRN Heat Exchanger and Refrigeration Financial Review Page
Merchant Banker(s) of KRN Heat Exchanger and Refrigeration IPO: Holani Consultants Private Limited
KRN Heat Exchanger and Refrigeration IPO subscription was 213.41 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
KRN Heat Exchanger and Refrigeration IPO listed at a listing price of 478.45 against the offer price of 220.00.
The current market price of KRN Heat Exchanger and Refrigeration is 753.45.
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