247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

KRN Heat Exchanger and Refrigeration Limited IPO (KRN Heat Exchanger and Refrigeration IPO) Details

KRN Heat Exchanger and Refrigeration Limited is an Engineering based company, located in Alwar, KRN Heat Exchanger and Refrigeration Limited IPO size was 341.95 Cr. and was issued at 220.00 per share. The share of KRN Heat Exchanger and Refrigeration Limited were listed at 478.45 per share and are currently trading at 828.75 per share.

Type :
Sub Sector : Leading Manufacturer Of Fin And Tube-type Heat Exchangers
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
313.54 Cr.

PAT :
39.07 Cr.

Pricing Report

Issue Price :
220.00

Listing Price :
478.45

Current Market Price :
828.75

Issue Price vs CMP :
608.75 (276.70%)

listing Price vs CMP :
350.3 (73.22%)

Performance Report (CAGR* wise)

CAGR : 8052.21
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About KRN Heat Exchanger and Refrigeration

Company Information
KRN Heat Exchanger and Refrigeration Limited manufactures fin and tube type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration Industry (
Object of Issue
  • Invest in the wholly owned subsidiary, KRN HVAC Products Pvt Ltd for setting up a new manufacturing facility at Neemrana, Alwar, Rajasthan, and
  • General Corporate Purposes

KRN Heat Exchanger and Refrigeration MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2024
IPO Size :
341.95 Cr.
Market Cap :
1309.51 Cr.   
IPO Subscription :
213.41 X     
PE Multiple :
33.52
IPO Registrar:
Bigshare Services Private Limited

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FAQs

KRN Heat Exchanger and Refrigeration operates in Engineering and Leading Manufacturer Of Fin And Tube-type Heat Exchangers. The Issue is listed on MainBoard in Oct, 2024. KRN Heat Exchanger and Refrigeration IPO size was 341.95 Cr. with Issue price of 220.00 .

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 828.75.

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