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.
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KRN Heat Exchanger and Refrigeration IPO GMP Details
Below are the details of KRN Heat Exchanger and Refrigeration IPO GMP, listing all details.
Narration | Details |
IPO Open Date | 25th Sept 2024 |
IPO Close Date | 27th Sept 2024 |
IPO Allotment date | 30th Sept 2024 |
Listing Date | 3rd Oct 2024 |
Demate Transfer Date | 1st Oct 2024 |
Refund Initiation Date | 1st Oct 2024 |
Lot Size | 65 Share |
Price Range | Rs.209 to 220 |
Face Value | Rs.10/Share |
Issue Size | Approx Rs.341 Crore |
Listing At | BSE, NSE |
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KRN Heat Exchanger and Refrigeration Products
Evaporator Coils
Condenser Coils
Fluid and Steam Coils
Condensing Units and Air-cooling Units
KRN Heat Exchanger and Refrigeration Financials:
Date | Assets | Revenue | Profit |
Mar 2022 | Rs.92.79 Crore | Rs.158.23 Crore | Rs.10.59 Crore |
Mar 2023 | Rs.148.76 Crore | Rs.249.89 Crore | Rs.32.31 Crore |
Mar 2024 | Rs.258.36 Crore | Rs.313.54 Crore | Rs.39.07 Crore |
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KRN Heat Exchanger and Refrigeration Grey Market Premium(GMP)
Date | Grey Market Premium |
19-09-2024 | Rs.225(102%) |
20-09-2024 | Rs.225(102%) |
21-09-2024 | Rs.225(102%) |
22-09-2024 | Rs.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.