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KRN Heat Exchanger and Refrigeration Limited IPO Subscription Status

📅Offer Date: 25 Sept 2024 – 27 Sept 2024

Minimum investment
₹14,30065 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total211.03x
QIB253.04x
NII428.04x
Retail93.07x

KRN Heat Exchanger and Refrigeration Limited IPO was subscribed 211.03x in total when bidding closed on 27 Sept 2024, with 253.04x in the QIB category, 428.04x in NII, 93.07x in retail. The issue ran from 25 Sept 2024 to 27 Sept 2024 at a price band of ₹209.00–₹220.00 per share.

QIB253.04xNII428.04xRetail93.07xTotal211.03x1×

Times subscribed by category against the 1× line.

94
≈ 1 in 94 retail allotment
low allotment chance

Based on retail subscription (93.07x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs31,07,45578,63,10,413253.04x
NIIs23,87,2151,02,18,23,509428.04x
SNIIs (<10L)7,95,73831,31,14,946393.49x
BNIIs (>10L)15,91,47770,87,00,623445.31x
Retail54,98,33051,17,29,57393.07x
Total1,09,93,0002,31,98,52,790211.03x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs68.3617298.83253.04x
NIIs52.5222480.12428.04x
Retail120.9611258.0593.07x
Total241.8551037.00211.03x

Values derived from share count × issue price (₹220.00)

What this means for allotment & listing

Because KRN Heat Exchanger and Refrigeration Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

KRN Heat Exchanger and Refrigeration Limited IPO subscription FAQs