ListedMainboardKRN
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.
₹220
Issue price
₹1,225
Price now
+456.9%
Since issue price
3 Oct 2024
Listed on
214×Subscribed (final) · all exchanges
214.4 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹209 – ₹220
Cut-off price₹220
Issue size₹342 Cr
Shares per lot65
Minimum application₹14,300
Minimum quantity65
Face value₹10
Listing exchanges—
ISININE0Q3J01015
Bidding hours10:00 – 17:00 IST
Bidding window25 Sept 2024 – 27 Sept 2024
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.