KRN Heat Exchanger IPO GMP, Guidance, Subscription Status, allotment & listing details @ Chanakyanipothi.com
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Latest updates of KRN Heat Exchanger and Refrigeration IPO Listing 
The IPO has received Sebi green signal. 

What is the last GMP of KRN Heat Exchanger and Refrigeration IPO?
GMP fancy expected

Who are the promoters of KRN Heat Exchanger and Refrigeration IPO?   
Mr. Santosh Kumar Yadav and Mrs. Anju Devi are the promoters of KRN Heat Exchanger and Refrigeration.

What are the Objects of KRN Heat Exchanger and Refrigeration IPO?

The Company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:
1. Investment in our wholly owned subsidiary, KRN HVAC Products Private Limited for setting up new
manufacturing facility at Neemrana, Alwar, Rajasthan (“Proposed Project”); and
2. General corporate purposes.

What is the business of KRN Heat Exchanger and Refrigeration?

KRN Heat Exchanger and Refrigeration Company manufactures fin and tube type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration Industry (“HVAC&R”). Heat exchangers manufactured by it are made of non-ferrous metals primarily Copper and Aluminium. Its product range includes condenser coils, evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts.
It manufactures heat exchangers of various shapes and sizes as per the requirements of the
customers and/or demand in the market. The diameter of heat exchanger tubes it produces ranges from 5MM to 15.88 MM. Its products are well suited for wide range of air conditioning, heating and
ventilation, refrigeration, and process cooling applications.

Its products are vital for the performance of cooling appliances and have undergone stringent quality
and checks.

To expand the business of the Company and to reap the benefits of forward integration, the Company
has incorporated a wholly owned subsidiary of the Company, namely KRN HVAC Products Private
Limited to increase value-added products in its existing portfolio. KRN HVAC Products Private Limited will focus on manufacturing certain types of heat exchangers that are currently not manufactured by the Company.

The Company has a wide customer base covering various parts of India as well as across the world.
Its prestigious customers, including Daikin Airconditioning India Private Limited, Schnieder Electric IT
Business India Private Limited, Kirloskar Chillers Private Limited, Blue Star Limited, Climaventa Climate Technologies Private Limited and Frigel Intelligent Cooling Systems India Private Limited among others, attest to its commitment to delivering top-notch products and outstanding services. Over the last 3 Financial Years, its revenue from operations has increased at a CAGR of 48.34% out of which its export sales have increased at a CAGR of 90.81%.

For more information, click www.krnheatexchanger.com 

KRN Heat Exchanger and Refrigeration IPO GMP, Particulars & Guidance

KRN Heat Exchanger IPO Details 
IPO opens on  ? 2024 
IPO closes on  ? 2024
Issue Type Book Built Issue IPO
Issue Size 1,93,05,000 Sh /Rs ? Cr
* Fresh Issue 1,93,05,000 Sh /Rs ? Cr
* Offer for Sale  – Sh /Rs – Cr
   
Face Value per share: Rs. 10
Price Band  Rs. ?
Retail Discount  Rs 0 per share
Employee discount  Rs. ? per share
Retail Lot Size  ? Shares
Listing will at  BSE, NSE
Shares offered in KRN Heat Exchanger? Shares Rs. in Cr
QIB (50 %)  ? ?
NII (15 %)  ? ?
RII (35 %)  ? ?
Employees ? ?
Total Shares  ? ?
Retail portion will be oversubscribed by  ? Forms.
How to apply in KRN Heat Exchanger IPO? Amount Rs.
Min Retail Application ? Sh ?
Max Retail Application  ? Sh ?
Small HNI (Min) application  ? Sh ?
Small HNI (Max) application ? Sh ?
Big HNI Application ? Sh ?

What is the timetable of KRN Heat Exchanger IPO?
IPO opens on  2024
IPO Closes on  2024
IPO Allotment on   2024
Unblocking of ASBA   2024
Credit of Shares  2024
Listing on  2024
Registered Office of KRN Heat Exchanger
Plot No. F – 46, 47, 48, 49 EPIP, RIICO Industrial Area, Neemrana, Alwar Rajasthan-301705, India
Who are the Lead Managers of KRN Heat Exchanger IPO?
Holani Consultants Pvt ltd
Registrar to IPO
Bigshare Services Pvt ltd

KRN Heat Exchanger IPO Financial & Analytical Ratios
Year Total Income Net Profit EPS RoNW
  Rs. in Cr Rs.in Cr Rs. %
2020-21   76.81   2.47 0.56 18.88
2021-22 158.23 10.59 2.41 41.48
2022-23  249.88 32.31 7.34 54.24
Book Value of the Share on 31.03.2023 Rs. 13.54    
BV of the Share after the FPO Rs. ?    
Offer Price at Cap Rs.  ?    
KRN Heat Exchanger IPO
Ratio Analysis
Price /EPS ?
Price/Book Value Ratio ?
Price/BV after IPO  ?

How KRN Heat Exchanger IPO compares with the Peers?
Peer Comparison.
There are no listed companies in India that engage in a business similar to that of this Company.
Accordingly, it is not possible to provide an industry comparison in relation to the Company.

As on date of DRHP FV Total  PE
  Rs. Income Ratio of
    Rs. In Cr  
       
       
       
       
       
       
       
       

# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

KRN Heat Exchanger IPO Guidance * by Paresh Gordhandas, CA & Research Analyst.
KRN Heat Exchanger and Refrigeration Company manufactures fin and tube type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration Industry (“HVAC&R”). Heat exchangers manufactured by it are made of non-ferrous metals primarily Copper and Aluminium. Its product range includes condenser coils, evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts. It manufactures heat exchangers of various shapes and sizes as per the requirements of the
customers and/or demand in the market.
Size: ?
Financial Snapshot & Guidance: ?
* Disclosure: ?

Quicklinks

KRN Heat Exchanger IPO GMP

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KRN Heat Exchanger IPO GMP today, Details, Guidance, Subscription Status, allotment

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