KRN Heat Exchanger and Refrigeration Limited

KRN Heat Exchanger and Refrigeration Limited IPO

BSE, NSEClosed
Sep 25, 2024Open Date
Sep 27, 2024Close Date
TBAAllotment Date
Oct 3, 2024Listing Date

Subscription Details

View Subscription Details
Retail93.07x
QIB253.04x
NIIs (Non-Institutional Investors)Main Category
428.04x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

393.49x

bHNI (> ₹10L)

Bids above ₹10L

445.31x

Overall Subscription

Total Bids Received

211.03x

Updated: 10 Jul, 06:09 pm

KRN Heat Exchanger and Refrigeration Limited IPO Issue Details

Issue Price₹209-220 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share1,55,43,000 shares(aggregating up to ₹341.95 crore)
Listing AtBSE, NSE
Listing DateOct 3, 2024
RegistrarBigshare Services Pvt Ltd

Reservation Details

CategoryShares Offered%
NII23,87,21515.36%
QIB31,07,45519.99%
Anchor45,50,00029.27%

Company Information

KRN Heat Exchanger and Refrigeration Limited is a prominent manufacturer of fin and tube-type heat exchangers for the HVAC&R industry. The company's product lineup includes condenser coils, evaporator...

Valuations

EPS (Pre-IPO)

8.88

EPS (Post-IPO)

6.56

P/E (Pre-IPO)

24.78

P/E (Post-IPO)

33.52

RoNW

29.68%

PAT Margin

12.67%

Financial Information (₹ in Crores)

MetricFY 24FY 23FY 22
Total Assets258.36148.7692.79
Total Revenue313.54249.89158.23
Profit After Tax39.0732.3110.59
Net Worth131.6559.5725.53

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Invest in the wholly owned subsidiary, KRN HVAC Products Pvt Ltd for setting up a new manufacturing facility at Neemrana, Alwar, Rajasthan
  2. 2General corporate purposes.

KRN Heat Exchanger and Refrigeration Limited – Promoter(s)

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

Contact Details

Corporate Office

Plot No. F - 46, 47, 48, 49 EPIP, RIICO Industrial Area, Neemrana, Alwar 301705

+91 – 9257025440

cs@krnheatexchanger.com

Visit Website

Registrar Contact

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

Visit Website

KRN Heat Exchanger and Refrigeration Limited IPO Documents

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