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Issue Open Date
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25-Sep-24
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Issue Closing Date
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27-Sep-24
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Application Money
|
100
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Allotment Money
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Price Band
|
209
-
220
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Minimium Application No.
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65
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Issue Size (Shares)
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10993000
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Market Lot
|
1
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Objective
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1. Investment in our wholly owned subsidiary, KRN HVAC Products Private Limited for setting up a newmanufacturing facility at Neemrana, Alwar, Rajasthan (“Proposed Project”); and2. General corporate purposes.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
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|
Non-Institutional Investors
|
2387215
|
1030387280
|
431.627348186066
|
|
Qualified Institutional Buyers
|
3107455
|
786300710
|
253.036877444726
|
|
Retail Individual Investors
|
5498330
|
540451015
|
98.2936664405374
|
|
|
|
|
Business Description
Our Company manufactures fin and tube type heat exchangers for the Heat Ventilation AirConditioning and Refrigeration Industry (“HVAC&R”). Heat exchangers manufactured by us are madeof non-ferrous metals primarily Copper and Aluminium. Our product range includes condenser coils,evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts.
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Promoter's Holding
|
|
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Total Share Capital
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43999980
|
|
|
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Offered to Public
|
15543000
|
|
|
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Promoter's Holding (Pre-Issue)
|
94.39
|
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Promoter's Holding (Post-Issue)
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70.78
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Address |
Plot No. F-46
47
48
49 Epip
Riico Industrial Area
Neemrana
Alwar,
Rajasthan,
301705
Phone : 9257025440
Email : cs@krnheatexchanger.com
Website : www.krnheatexchanger.com
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Registrar |
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
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Listed at |
|
BSE, NSE
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Lead Manager |
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Holani Consultants Pvt Ltd.
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Promoters |
Anju Devi
Manohar Lal
Santosh Kumar Yadav
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|
