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KRN Heat Exchanger Limited
Company websiteSubscription runs from 25-09-2024 to 27-09-2024, with allotment expected on 30-09-2024.
KRN Heat Exchanger Limited is seeking ₹1,55,43,000 crore — a fresh issue of ₹1,55,23,000 crore plus OFS of ₹0 crore. Expect market interest to determine final listing performance.
Start Date25-09-2024
End Date27-09-2024
Listing Date03-10-2024
Allotment Date30-09-2024
Current Price₹480
GMP₹235 (106.82%)
Lot Size65 Shares
Subscription215.68 Times
Face Value₹10 per share
Listing atNSE, BSE
Issue Price₹209 - ₹220
Pre Issue₹4,39,99,980
Post Issue₹5,95,42,980
Issue Size₹1,55,43,000
(aggregating up to 341.95 Cr)
(aggregating up to 341.95 Cr)
Fresh Issue₹1,55,23,000
(aggregating up to 341.50 Cr)
(aggregating up to 341.50 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for KRN Heat Exchanger Limited is currently around ₹235 (106.82%). This indicates an estimated listing price of approximately ₹444 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
19 Nov 2025, 11:29 | ₹220 | ₹235 | ₹455 (106.82%) |
27 Feb 2025, 06:26 | ₹220 | ₹235 | ₹455 (106.82%) |
Financials overview in Crores
Here is a quick look at the recent financial performance of KRN Heat Exchanger Limited . The numbers below ( in Crores ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
EPS | 8.69 | 7.34 | 2.41 |
ROE | 40.86 | 75.94 | 54.88 |
ROCE | 31.21 | 50.46 | 34.65 |
RONW | 29.68 | 54.24 | 41.48 |
PRE IPO(PE) | 24.78 | 0 | 0 |
POST IPO(PE) | 33.52 | 0 | 0 |
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹68.36 | 17298.62 | 253.05 |
RETAIL | ₹120.96 | 12143.25 | 100.39 |
HNIs 2+ | ₹17.51 | 7129.02 | 407.14 |
HNIs 10+ | ₹35.01 | 15591.44 | 445.34 |
Total | ₹241.84 | 52162.33 | 215.69 |
Application Wise Breakup (Approx. no of Apps)
| Category | Reserved | Applied | Times |
|---|---|---|---|
HNIs (10L+) | 1,749 | 1,43,226 | 81.89 |
HNIs (2-10L) | 874 | 3,32,512 | 380.45 |
Retail | 84,590 | 60,38,503 | 71.39 |
Total | 87,213 | 65,14,241 | 74.69 |
The IPO reservation for KRN Heat Exchanger Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
QIB | 28.27% | 31,07,455 |
HNI | 21.72% | 23,87,215 |
RETAIL | 50.01% | 54,98,330 |
TOTAL | 100.00% | 1,09,93,000 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 65 | ₹14,300 | |
sHNI | 14 | 910 | ₹2,00,200 | |
bHNI | 70 | 4,550 | ₹10,01,000 |
Below you can find the official contact details of KRN Heat Exchanger Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: cs@krnheatexchanger.com
Phone: +91 – 9257025440
Website: http://www.krnheatexchanger.com/
Address: Plot No. F - 46, 47, 48, 49 EPIP, RIICO Industrial Area, Neemrana, Alwar 301705