KRN Heat Exchanger And Refrigeration Ltd. IPO: Key Details

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 includes condenser coils,evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts.

KRN Heat Exchanger And Refrigeration Ltd. IPO Details

IPO Date September 25, 2024 to September 27, 2024
Listing Date October 03 2024
Face Value ₹10 per share
Price Band ₹209 to ₹220 per share
Lot Size 65 Shares
Total Issue Size 10993000 Shares
Issue Type Book building
Listing At BSE  NSE 
Share holding pre issue 43999980
Share holding post issue 43999980

KRN Heat Exchanger And Refrigeration Ltd. IPO Promoter Holding

The promoter of the company is Santosh Kumar Yadav, Anju Devi, Manohar Lal,

Share Holding Pre Issue 94.39%
Share Holding Post Issue 70.78%

KRN Heat Exchanger And Refrigeration Ltd. IPO Objectives

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.

KRN Heat Exchanger And Refrigeration Ltd. IPO Prospectus

KRN Heat Exchanger And Refrigeration Ltd. Lead Managers

  • Holani Consultants Pvt Ltd.

KRN Heat Exchanger And Refrigeration Ltd. IPO Contact Information

  • Praveen Kumar
  • Phone: +91 – 9257025440
  • Email: cs@krnheatexchanger.com

KRN Heat Exchanger And Refrigeration Ltd. IPO Registrar

  • Name: Bigshare Services Pvt Ltd
  • Phone: +91-022-62638200
  • Email: Investor@bigshareonline.com