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IPO Snapshot    
KRN Heat Exchanger And Refrigeration Ltd.
Issue Open Date 25-Sep-24  
Issue Closing Date 27-Sep-24  
Application Money 100  
Allotment Money  
Price Band 209 - 220  
Minimium Application No. 65  
Issue Size (Shares) 10993000  
Market Lot 1.00  
Objective
1. Investment in our wholly owned subsidiary, KRN HVAC Products Private Limited for setting up a newmanufacturing facility at Neemrana, Alwar, Rajasthan (“Proposed Project”); and2. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   2387215   1030387280   431.63  
Qualified Institutional Buyers   3107455   786300710   253.04  
Retail Individual Investors   5498330   540451015   98.29  
Business Description
Our Company manufactures fin and tube type heat exchangers for the Heat Ventilation AirConditioning and Refrigeration Industry (“HVAC&R”). Heat exchangers manufactured by us are madeof non-ferrous metals primarily Copper and Aluminium. Our product range includ
more...
Promoter's Holding
Total Share Capital   43999980  
Offered to Public   15543000  
Promoter's Holding (Pre-Issue)   94.39  
Promoter's Holding (Post-Issue)   70.78  
Address
Plot No. F-46
47
48
49 Epip
Riico Industrial Area
Neemrana
Alwar ,
Rajasthan ,
301705
Phone: 9257025440
Email: cs@krnheatexchanger.com
Website: www.krnheatexchanger.com
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE, NSE
Lead Manager
Holani Consultants Pvt Ltd.
Promoters
Anju Devi
Manohar Lal
Santosh Kumar Yadav
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