KRN Heat Exchanger IPO GMP, KRN Heat Exchanger and Refrigeration Limited IPO GMP, Price, Date, Allotment | KRN Heat Exchanger And Refrigeration had filed its IPO papers with market regulator SEBI in March. Now this IPO is going to be listed in the Indian Stock Market soon.
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KRN Heat Exchanger and Refrigeration Limited IPO
The proposed IPO of KRN Heat Exchanger and Refrigeration Limited involves a fresh issue of 1.6 crore equity shares. At the same time, there will be no sale through offer for sale. The entire income from this IPO will go to the company.
KRN Heat Exchanger and Refrigeration Limited Company Details
If we talk about the company’s business, Rajasthan-based KRN Heat Exchanger and Refrigeration Limited is one of the leading manufacturers & exporters of aluminium / copper fins and copper tubes heat exchangers ,water coils, condenser and evaporator coils, which are widely used by OEMs in heating, ventilation, air conditioning, and refrigeration (HVAC&R) industry.
KRN Heat Exchanger and Refrigeration Limited IPO Financial Status
Let us know about the financial condition of the company, according to the information received, the net profit of KRN Heat increased to Rs 32.3 crore in March FY23 from Rs 10.6 crore last year.
Additionally, revenue grew by 58.5 per cent to Rs 247.5 crore. Its EBITDA grew 191.2 per cent to Rs 49.32 crore, while margins expanded 907 basis points to 19.92 per cent.
KRN Heat Exchanger and Refrigeration Limited IPO Promoters
Santosh Kumar Yadav and his wife Anju Devi are the promoters of the company.
KRN Heat Exchanger and Refrigeration Limited IPO Lead Manager
Holani Consultants is the lead manager of the issue.
KRN Heat Exchanger IPO GMP
KRN Heat Exchanger IPO GMP: This Field Will Be Updated Soon
KRN Heat Exchanger IPO Dates & Listing Performance
| KRN Heat Exchanger IPO Opening Date | 25 September 2024 |
| KRN Heat Exchanger IPO Closing Date | 27 September 2024 |
| KRN Heat Exchanger IPO Finalization of Basis of Allotment | 30 September 2024 |
| Initiation of refunds | 30 September 2024 |
| Transfer of shares to demat accounts | 1 October 2024 |
| KRN Heat Exchanger IPO Listing Date | 3 October 2024 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |