KRN Heat Exchanger and Refrigeration IPO GMP, Grey Market Premium, Listing details

KRN Heat exchanger and refrigeration Ltd is a prominent manufacturer specializing in fin and tube -type heat exchangers, The company produces heat exchangers with copper and aluminum fins, as well as copper tubes , including water coils, condenser coils and evaporator coils. It have seen heat exchanger tubes come in various shapes and sizes ranging from diameters of 5 mm to 7 mm, 9.52 mm, 12.7 mm. and 15.88 mm. Now doubt comes in your mind that where these products are using for? Answer is in heating, air conditioning and refrigeration sectors. In this blog we understand KRN Heat Exchanger and Refrigeration IPO, GMP etc.

This company is working for big giants like Daikin, Blue Star etc. This company also exporting to several countries like UAE, USA, Italy, Saudi, Norway, Germany etc. Majorly this company having manufacturing unit in Neemrana, Rajasthan.

KRN Heat Exchanger and Refrigeration IPO GMP Details

Below are the details of KRN Heat Exchanger and Refrigeration IPO GMP, listing all details.

NarrationDetails
IPO Open Date25th Sept 2024
IPO Close Date27th Sept 2024
IPO Allotment date30th Sept 2024
Listing Date3rd Oct 2024
Demate Transfer Date1st Oct 2024
Refund Initiation Date1st Oct 2024
Lot Size65 Share
Price RangeRs.209 to 220
Face ValueRs.10/Share
Issue SizeApprox Rs.341 Crore
Listing AtBSE, NSE

Also Read Trident Share Price Target

KRN Heat Exchanger and Refrigeration Products

Evaporator Coils

KRN Heat Exchanger and refrigeration IPO GMP

Condenser Coils

KRN Heat Exchanger and Refrigeration

Fluid and Steam Coils

Condensing Units and Air-cooling Units

KRN Heat Exchanger and Refrigeration Financials:

DateAssetsRevenueProfit
Mar 2022Rs.92.79 CroreRs.158.23 CroreRs.10.59 Crore
Mar 2023Rs.148.76 CroreRs.249.89 CroreRs.32.31 Crore
Mar 2024Rs.258.36 CroreRs.313.54 CroreRs.39.07 Crore

Also Read Cochin Shipyard Share Price Target

KRN Heat Exchanger and Refrigeration Grey Market Premium(GMP)

DateGrey Market Premium
19-09-2024Rs.225(102%)
20-09-2024Rs.225(102%)
21-09-2024Rs.225(102%)
22-09-2024Rs.225(102%)

Disclaimer:We are not registered with SEBI and not giving any tips or recommendation. This is only for knowledge purpose. Please advise with you financial advisor before taking any IPO or stocks.

Leave a Comment