KRN Heat Exchanger and Refrigeration Limited
KRN Heat Exchanger and Refrigeration Limited is a mainboard IPO raising ₹342 Cr at ₹209 – ₹220 a share. It listed on 3 Oct 2024 and trades at ₹1,225 today, +456.9% against its issue price of ₹220. It was subscribed 214× in total.
214.4 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 31,07,455 | 78,63,00,710 | 253× |
| Foreign Institutional Investors | no separate quota | 15,84,60,120 | n/a |
| Domestic Financial Institutions | no separate quota | 34,08,16,255 | n/a |
| Mutual funds | no separate quota | 1,88,46,100 | n/a |
| Others | no separate quota | 26,81,78,235 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 23,87,215 | 1,03,03,87,280 | 432× |
| Non Institutional Investors | 15,91,477 | 70,87,01,695 | 445× |
| Corporates | no separate quota | 1,56,42,640 | n/a |
| Individuals | no separate quota | 62,35,74,055 | n/a |
| Others | no separate quota | 6,94,85,000 | n/a |
| Non Institutional Investors | 7,95,738 | 32,16,85,585 | 404× |
| Corporates | no separate quota | 6,33,555 | n/a |
| Individuals | no separate quota | 29,31,47,855 | n/a |
| Others | no separate quota | 2,79,04,175 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 54,98,330 | 54,04,51,015 | 98× |
| Cut Off | no separate quota | 47,25,77,820 | n/a |
| Price bids | no separate quota | 6,78,73,195 | n/a |
| Total | 1,09,93,000 | 2,35,71,39,005 | 214× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:40 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.