SENSEX 181.10 0.75%
24457.15
 
NIFTY 597.67 0.74%
80845.75
 
Nasdaq 185.78 0.97%
19403.95
 
Nikkei 225 304.99 0.80%
38513.02
 
FTSE 100 25.60 0.31%
8312.90
YOU ARE ON
IPO
Current Issues
Forthcoming Issues
Closed Issues
New Listings
Best Performers
IPO Performance
IPO News
IPO Analysis
Basis of Allotment
Draft Prospectus
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  
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   431.627348186066  
Qualified Institutional Buyers   3107455   786300710   253.036877444726  
Retail Individual Investors   3107455   786300710   253.036877444726  
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
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  
MORE >
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
 
ADINATH STOCK BROKING PVT LTD  :   SEBI REGISTRATION NUMBERS : Bombay Stock Exchange(BSE): CASH -INZ000204337 & DERIVATIVE -INZ000204337 Member ID-3175 National Stock Exchange(NSE): CASH- INZ000204337 & DERIVATIVES -INZ000204337 Member ID-12805 MCX-SX Stock Exchange(MCX-SX): Currency Derivative : INZ000204337 Member ID-44400 United Stock Exchange(USE): Currency Derivative: Central Depository Services Ltd(CDSL)- IN -DP-452/2008 DP ID 12055200
ADINATH COMMODITIES  :   COMMODITIES SEBI REGISTRATION NUMBERS : INZ000042629 MultiCommodity Exchange Ltd (MCX):Member ID -10140 National Commodity and Derivatives Exchange Ltd (NCDEX):Member ID -00622.
ATTENTION INVESTORS :   "Prevent unauthorised transactions in your Broking & demat account--> Update your mobile numbers/email IDs with your stock brokers & depository participate. Receive information of your transactions directly from Exchange & CDSL on your mobile/email at the end of the day......................Issued in the interest of Investors"
ATTENTION INVESTORS :   "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
ATTENTION INVESTORS :   "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
ATTENTION INVESTORS :   1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. 3. Pay 20% upfront margin of the transaction value to trade in cash market segment 4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. 5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. "Issued in the interest of Investors"
| Disclaimer | Privacy Policy | Feedback | Terms and Conditions | Careers | Investor Grievances | Download | Investor Protection | SCORES | Site Map
Investor Charter - DP | Investor Charter - Stock Broker | e-voting | Investor Education | Client Collateral Details | NSDL eVoting
Useful links: NSE | BSE | MCX-SX | CDSL | SEBI | MCX | NCDEX | FMC | Smart ODR
SEBI Registration No.INZ000042629
Copyright © 2011 Adinath Stock Broking Pvt Ltd                             Designed, Developed & Content Powered By Accord Fintech Pvt.Ltd.