STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

KRN Heat Exchanger and Refrigeration Limited IPO Date, Price, Review and Details

 

Get Real-Time Updates on stock market trends and news

Get updates on stock market, Stock related news, Algo Trading, learn profitable strategies.

Join WhatsApp Channel

KRN Heat Exchanger and Refrigeration Limited IPO

September 25, 2024 - September 27, 2024 Closed

KRN Heat Exchanger and Refrigeration Limited IPO

KRN Heat Exchanger is engaged in the company manufactures fin-tube type heat exchangers for heating, ventilation, air conditioning and refrigeration industries (“HVAC&R”).  The heat exchangers they manufacture are made primarily of copper, aluminum and non-ferrous steel. They manufacture different sizes of heat exchange equipment according to our customers’ needs and/or market demand. The heat exchanger tube they manufacture comes in the variety of diameters 1905mm to 15.88 mm.

 Company Promoters:         

  • Mr. Santosh Kumar Yadav
  • Mrs Anju Devi
  • Mr. Manohar Lal

Objects of this Issue:

  •  Investment in their wholly owned subsidiary KRN HVAC Products Private Limited  in  the  form of Equity for  setting  up  a  new  manufacturing  facility  at  Neemrana,  Alwar,  Rajasthan.
  • General corporate purposes.

Financial Information of the Company:

 

Amount in Million (Rs.)

As on 31 Mar 2024

As on 31 Mar 2023

As on 31 Mar 2022

Total Assets

14,875.91

9,279.19

5,239.53

Total Liabilities

8918.90

6,726.04

3933.51

Net Profit

3,231.35

1,059.04

246.56

KRN Heat Exchanger and Refrigeration Limited IPO Schedule

1.     Bid or Offer Opens on: 25 September 2024
2.     Bid or Offer Closes on: 27 September 2024
3.     Finalization of BoA: 30 September 2024
4.     Initiation of Refunds: 01 October 2024
5.     Credit of share to Demat account: 01 October 2024
6.     Listing Date: 03 October 2024

KRN Heat Exchanger and Refrigeration Limited IPO Lot Size

The market lot size of the KRN HEAT EXCHANGER AND REFRIGERATION LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Application

Lots

Shares

Amount

Retail

Minimum

1

65

₹14,300

Maximum

13

845

₹185,900

S-HNI

Minimum

14

910

₹200,200

S-HNI

Maximum

69

4,485

₹986,700

B-HNI

Minimum

70

4,550

₹1,001,000

Company Contact Details:

KRN Heat Exchanger and Refrigeration Limited IPO

Plot   No.   F-46,   47,   48,   49  EPIP,  RIICO Industrial Area,

Neemrana, Alwar Rajasthan-301705, India

Phone: 9257025440

Email: Cs@krnhexchanger.com

Website:  www.krnheatexchanger.com

 

KRN Heat Exchanger and Refrigeration Limited IPO Registrar Details:

BIGSHARE SERVICES PRIVATE LIMITED

Office No. S6-2, 6th Floor, Pinnacle Business Park,

Near Ahura Center, Mahakali Caves Road,

Andheri East, Mumbai - 400093.

Phone:  9122-6263 8200

Email:  ipo@bigshareonline.com

Website: www.bigshareonline.com



Frequently Asked Question

Comments for KRN Heat Exchanger and Refrigeration Limited IPO Date, Price, Review and Details

0 comments