Exchanges
BSE, NSE
Industry
Other Industrial Products
Issue
Book building

KRN Heat Exchanger & Refrigeration IPO

₹478.79

+117.63% on listing

Listing-day close · NSE · 3 Oct 2024 · issue price ₹220

KRN Heat Exchanger & Refrigeration’s ₹342 crore IPO was priced at ₹220 a share. It listed on the NSE on 3 Oct 2024 and closed its first day at ₹478.79, up 117.63% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹342 Cr
Fresh issue
₹342 Cr
Offer for sale
—
Lot size
65 shares
Minimum investment
₹14,300
Face value
₹10
Registrar
Bigshare Services

Subscription

KRN Heat Exchanger & Refrigeration IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—151.95×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,310 Cr
P/E (post-issue)
33.5
EPS (post-issue)
₹6.56
ROE
40.86%
ROCE
31.21%
Debt to equity
0.45
PAT margin
12.67%
Promoter holding
94.39% → 70.78%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
3 Oct 2024
Issue price
₹220
Open
₹480.00
High
₹513.50
Low
₹450.00
Close
₹478.79

Listing day on the NSE. The close was +117.63% on the issue price.

KRN HEAT EXCHANGE N REF L share price today

FAQs

When did the KRN Heat Exchanger & Refrigeration IPO open and close?

It opened on 25 Sep 2024 and closed on 27 Sep 2024.

What was the KRN Heat Exchanger & Refrigeration IPO price?

The price band was ₹209–220 a share. The final issue price was ₹220.

What is the lot size and minimum investment?

One lot is 65 shares, ₹14,300 at ₹220 a share. Retail investors apply in whole lots.

How much did KRN Heat Exchanger & Refrigeration raise?

₹342 crore: ₹342 crore of new shares.

How many times was the KRN Heat Exchanger & Refrigeration IPO subscribed?

151.95 times overall.

How did KRN Heat Exchanger & Refrigeration list?

It listed on the NSE on 3 Oct 2024 at ₹480.00 and closed the day at ₹478.79, up 117.63% on the ₹220 issue price.

Who is the registrar of the KRN Heat Exchanger & Refrigeration IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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