KRN Heat Exchanger makes bumper trading debut, increases 2.2 times
The gains came despite a selloff in the overall market. The stellar listing follows a strong debut for KRN's shares during its maiden share sale03-10-2024
03-10-2024
KRN Heat Exchanger And Refrigeration Ltd - 544263 - Listing of Equity Shares of KRN Heat Exchanger And Refrigeration Ltd
Trading Members of the Exchange are hereby informed that effective from October 03, 2024, the equity shares of KRN Heat Exchanger And Refrigeration Ltd (Scrip Code: 544263) are listed and admitted to dealings on the Exchange in the list of ''B'' Group Securities. For further details please refer to the notice no. 20241001-45 dated October 01, 2024.03-10-2024
Three cos make bumper listing despite market meltdown
Two more companies KRN Heat Exchanger and Diffusion Engineers will also list on the main board this week30-09-2024
Investors subscribe KRN Heat's IPO 213.26 times offer size on closing day
The initial share sale of KRN Heat Exchanger and Refrigeration Ltd garnered 213.26 times subscription on the closing day of bidding on Friday, helped by overwhelming participation from institutional investors. The Initial Public Offer (IPO) got bids for 2,34,43,38,230 shares against 1,09,93,000 shares on offer, according to NSE data. Non-Institutional Investors subscribed 430.39 times the offer, while Qualified Institutional Buyers (QIBs) received 253.04 times subscription. The portion for Retail Individual Investors (RIIs) got subscribed 96.50 times. The IPO of KRN Heat Exchanger and Refrigeration Ltd was fully subscribed within minutes of opening for share sale on Wednesday and finally ended with 23.73 times subscription. KRN Heat Exchanger and Refrigeration Ltd on Tuesday said it has raised Rs 100 crore from anchor investors. The Rs 342-crore IPO is available for public subscription in the price range of Rs 209-220 per share. KRN Heat Exchanger's IPO involves a fresh issue of27-09-2024
KRN Heat Exchanger IPO subscribed over 30 times on Day 2 so far. GMP up 113%. Check details
KRN Heat Exchanger IPO GMP: The company proposes to use the net proceeds from the IPO for investment in wholly-owned subsidiary KRN HVAC Products for setting up a new manufacturing facility at Neemrana, Alwar, in Rajasthan. The remaining amount will be used for other general corporate purposes.26-09-2024