KRN Heat Exchanger and Refrigeration IPO Subscription Status Live: The KRN Heat Exchanger and Refrigeration IPO has garnered 73.37 times its subscription rate. The retail category saw a subscription rate of 64.91 times.
KRN Heat Exchanger and Refrigeration IPO listing in Markets on Thursday, October 3, 2024. The minimum lot size of this IPO is 1 which has 65 shares and the price is ₹14,300. The share price of KRN Heat Exchanger and Refrigeration IPO will be ₹209 to ₹220 per share and the allotments of this share The date will be Monday, September 30, 2024.
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KRN Heat Exchanger and Refrigeration IPO Subscription Status Live today
Here are the subscription details for KRN Heat Exchanger and Refrigeration IPO (in times) on different days:
Total Application: 2,073,326
Day 1: October 25, 2024
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- QIB (Qualified Institutional Buyers): 1.44
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- NII (Non-Institutional Investors): 55.59
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- Retail: 27.24
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- Total: 26.11
Day 2: October 26, 2024
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- QIB (Qualified Institutional Buyers): 1.44
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- NII (Non-Institutional Investors): 56.87
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- Retail: 29.25
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- Total: 27.39
Day 3: October 27, 2024
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- QIB (Qualified Institutional Buyers): 4.54
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- NII (Non-Institutional Investors): 182.86
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- Retail: 64.91
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- Total: 73.37
KRN Heat Exchanger and Refrigeration IPO Shares Offered
KRN Heat Exchanger and Refrigeration Ltd. is currently conducting its Initial Public Offering (IPO), aiming to raise ₹341.95 crore through a fresh issue of 1.55 crore equity shares. The shares are allocated as follows:
- Anchor Investors: 45.5 lakh shares, raising ₹100.10 crore, constituting approximately 29.27% of the total issue.
- Qualified Institutional Buyers (QIBs): 31.07 lakh shares, amounting to ₹68.36 crore, representing about 19.99% of the issue.
- Non-Institutional Investors (NIIs): 23.87 lakh shares, totaling ₹52.52 crore, making up roughly 15.36% of the issue. This category is further divided into:
- bNII (bids above ₹10 lakh): 15.91 lakh shares, accounting for ₹35.01 crore (10.24%).
- sNII (bids below ₹10 lakh): 7.95 lakh shares, amounting to ₹17.51 crore (5.12%).
- Retail Individual Investors (RIIs): 54.98 lakh shares, totaling ₹120.96 crore, comprising approximately 35.37% of the issue.