KRN Heat Exchanger Limited (Mainboard)
Sep 25, 2024 - Sep 27, 2024
| Price | ₹209 - ₹220 |
| Premium | ₹225 |
|---|---|
| Lot size | 65 |
| Allotment | Sep 30, 2024 |
| Listing | Oct 3, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 65 | 14300 | 83585 |
| sHNI | 14 | 910 | 200200 | 853 |
| bHNI | 70 | 4550 | 1001000 | 1706 |
About
IPO Details
| Issue Size | (15,523,000)shares (aggregating up to ₹(341.5) Cr |
| Fresh Issue | 1,55,23,000 shares (aggregating up to ₹(341.5) Cr |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 43,999,980 |
| Share holding post issue | 59,522,980 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Offer |
Key Performance Indicators
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 40.86% | 75.94% | 54.88% |
| ROCE | 31.21% | 50.46% | 34.65% |
| D/E | 0.45 | 0.62 | 0.87 |
| RONW | 29.68% | 54.24% | 41.48% |
| EPS (Basic) | 8.69 | 7.34 | 2.41 |
Financial Statement (Restated)
| Period | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 258.36 | 148.76 | 92.79 |
| Revenue | 308.28 | 247.48 | 156.11 |
| Profit After Tax | 39.07 | 32.31 | 10.59 |
| Net Worth | 131.65 | 59.57 | 25.53 |
| Reserves | 85.51 | 15.57 | 21.13 |
| Borrowings | 59.69 | 36.64 | 22.12 |
| Amount in Crores | |||
About Company
KRN Heat Exchanger and Refrigeration Limited was incorporated on August 25, 2017. The company specializes in the design, manufacture, and supply of heat exchangers and refrigeration systems, serving a range of industrial applications. Its product portfolio includes air-cooled heat exchangers, finned tubes, and pressure vessels. The company caters to sectors such as oil and gas, power generation, and chemical processing. As of the latest data, KRN employs approximately 240 individuals, contributing to its robust manufacturing and technical operations
Registrar