KRN Heat Exchanger IPO Grey Market Premium Today, Listing date

Dear investors check out here KRN Heat Exchanger IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. KRN Heat Exchanger IPO GMP today is ₹274.

KRN Heat Exchanger IPO is open on Wednesday, September 25, 2024. and close on Friday, September 27, 2024. KRN Heat Exchanger’s IPO total issue size is 15,543,000 shares (aggregating up to ₹341.95 Cr), and KRN Heat Exchanger’s IPO price is ₹209 to ₹220 per share. The IPO will be listed on BSE and NSE—Arkade Developers Limited IPO listing on Thursday, October 3, 2024.

KRN Heat Exchanger IPO Date

• IPO Open Date: Wednesday, September 25, 2024
• IPO Close Date: Friday, September 27, 2024
• Basis of Allotment: Monday, September 30, 2024
• Initiation of Refunds: Tuesday, October 1, 2024
• Credit of Shares to Demat: Tuesday, October 1, 2024
• Listing Date: Thursday, October 3, 2024
• Cut-off time for UPI mandate confirmation: 5 PM on September 27, 2024

KRN Heat Exchanger IPO Subscription Status Live

KRN Heat Exchanger Limited About

KRN Heat Exchanger and Refrigeration Ltd is a top heat exchanger manufacturer that uses fin and tube designs. They make heat exchangers with copper and aluminum fins and copper tubes, including water, condenser, and evaporator coils. The company produces tubes in different sizes, ranging from 5 mm to 15.88 mm in diameter. These products are used in the HVAC&R (Heating, Ventilation, Air Conditioning, and Refrigeration) industry for homes, businesses, and industries.

Some of their well-known customers include Daikin Airconditioning India, Schneider Electric, Kirloskar Chillers, Blue Star, Climaventa Climate Technologies, and Frigel Intelligent Cooling Systems. They also export their products to countries like the UAE, USA, Italy, Saudi Arabia, Norway, Czech Republic, Germany, UK, and others.

Their factory is located in Neemrana, Rajasthan, covering an area of 7,800 square meters, and they use advanced machines like the Hair Pin Bender, Fin Press Machine, CNC Tube Bender, and Vertical Expander to manufacture their products.

Read also 

• Western Carriers IPO GMP Today, Listing Date, Allotment Date

KRN Heat Exchanger IPO GMP Today Price | Gray Markets Price Today

As Per the last update on September 27, 2024, at 10:00 AM, the latest GMP (Gray Markets Price) for KRN Heat Exchanger IPO is ₹274. The base price of the IPO is ₹220.00, with an estimated listing price of ₹494 (124.55%)(cap price + today’s GMP). This suggests an expected profit/loss per share of 124%.

KRN Heat Exchanger IPO GMP Today