KRN Heat Exchanger And Refrigeration IPO Listing: Shares list at 114% premium over issue price - Here's what Anil Singhvi recommends

Raghwendra Shukla | Oct 03, 2024, 10:06 AM IST

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: KRN Heat Exchanger And Refrigeration shares made a stellar debut on the bourses today. The shares list at Rs 470 on the BSE, at a premium of around 114 per cent over the IPO price of Rs 220. Similarly, the shares list at Rs 480 per share on the NSE, at a premium of 118.18 per cent over the IPO price. 

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KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Earlier, the initial share sale of KRN Heat Exchanger and Refrigeration Ltd saw overwhelming participation from investors and was subscribed 213.26 times on the closing day of bidding on Friday.

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KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Strong listing expected

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Strong listing expected

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: According to Zee Business Managing Editor Anil Singhvi, the shares are expected to debut strongly on the bourses.

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KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Can list at double the issue price

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Can list at double the issue price

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Singhvi said that there are chances that the shares of KRN Heat Exchanger would list at a premium of over 100 per cent or even more to the issue price of Rs 220.

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KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Stop loss by Anil Singhvi

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Stop loss by Anil Singhvi

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Singhvi said that investors can keep a stop loss of Rs 375. He also said that investors can keep a stop loss of 10 per cent below the listing price.

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KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Hold your stocks

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Hold your stocks

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: He said that investors should trail the stop loss and hold their positions. 

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KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: How does the company plan to use funds?

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: How does the company plan to use funds?

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing:  Funds to the tune of Rs 242.5 crore will be used for investment in wholly-owned subsidiary KRN HVAC Products for setting up a new manufacturing facility at Neemrana, Alwar, in Rajasthan and the remaining funds will be used for general corporate purposes.

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KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Listing on BSE, NSE

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Listing on BSE, NSE

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: KRN Heat Exchanger and Refrigeration Ltd's equity shares will be listed at BSE, NSE.

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KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Book-running lead manager

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Book-running lead manager

KRN Heat Exchanger IPO Listing today, Anil Singhvi on KRN Heat Exchanger Listing: Holani Consultants is the sole book-running lead manager to the company's public issue.

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