KRN Heat Exchanger and Refrigeration Limited

  • Minimum Investment
    ₹13,585
  • Price Range
    ₹209 - ₹220
  • Issue Size
    ₹341.51 Cr
  • Lot Size
    65 shares

Proceeds of this IPO to be used for

Investment in the wholly owned subsidiary, KRN HVAC Products, to set up a new manufacturing facility at Neemrana, Alwar, Rajasthan (“Proposed Project”)

General corporate purposes

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Strengths & Weaknesses of KRN Heat Exchanger and Refrigeration Limited

Regular quality checks

The company maintains an in-house facility for quality checks of its manufactured products. Its products go through stringent quality control checks such as helium leak test, water leak test, contamination test, salt spray testing, burst pressure testing, and pressure cyclic testing to ensure the best quality products are supplied to its customers

Established manufacturing facility

The company's registered office and manufacturing facilities are located in the renowned RIICO industrial areas of Neemrana city. Its manufacturing unit is equipped and capable of carrying out end-to-end manufacturing activities

Consistent financial performance

The company has grown from a single-product to a multi-product manufacturing company. It has demonstrated consistent growth in terms of revenues and profitability

Absence of long-term agreements

The company lacks long-term agreements with customers. If customers choose not to source from the company, it could lead to financial instability and operational uncertainty, adversely affecting its business and financial condition

Handles hazardous materials

The company regularly works with hazardous materials such as LPG gas and Oxygen gas, which could be flammable, and activities in its manufacturing facilities can be dangerous, which could cause injuries to people or property

Non-compliance with labour laws

There have been certain non-compliance with labour laws by the company. Consequently, it may be subject to regulatory actions and penalties for such non-compliance, and the business and financial condition may be adversely affected

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
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Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About KRN Heat Exchanger and Refrigeration Limited

KRN Heat Exchanger and Refrigeration Ltd. was incorporated on 25 August 2017. The company is into manufacturing fin and tube type heat exchangers for the heat ventilation air conditioning and refrigeration industry (HVAC&R;)
  • Promoter
    Santosh Kumar Yadav
  • Promoter
    Anju Devi

KRN Heat Exchanger and Refrigeration Limited IPO FAQs

What is KRN Heat Exchanger and Refrigeration Limited IPO?

KRN Heat Exchanger and Refrigeration Limited IPO refers to the initial public offering of shares by KRN Heat Exchanger and Refrigeration Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of KRN Heat Exchanger and Refrigeration Limited IPO?

For KRN Heat Exchanger and Refrigeration Limited IPO the issue size is ₹342 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the KRN Heat Exchanger and Refrigeration Limited IPO?

For KRN Heat Exchanger and Refrigeration Limited IPO the minimum investment is ₹13,585. The minimum investment for KRN Heat Exchanger and Refrigeration Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of KRN Heat Exchanger and Refrigeration Limited IPO?

For KRN Heat Exchanger and Refrigeration Limited IPO the lot size is 65 shares. The lot size of KRN Heat Exchanger and Refrigeration Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for KRN Heat Exchanger and Refrigeration Limited IPO on Share.Market?

To apply for KRN Heat Exchanger and Refrigeration Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the KRN Heat Exchanger and Refrigeration Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for KRN Heat Exchanger and Refrigeration Limited IPO?

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for KRN Heat Exchanger and Refrigeration Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of KRN Heat Exchanger and Refrigeration Limited IPO?

For KRN Heat Exchanger and Refrigeration Limited IPO the allotment date is September 30, 2024. The allotment date of KRN Heat Exchanger and Refrigeration Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of KRN Heat Exchanger and Refrigeration Limited IPO?

For KRN Heat Exchanger and Refrigeration Limited IPO, the subscription opens on September 25, 2024 and closes on September 27, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
226.21x Oversubscribed