KRN Heat Exchanger IPO allotment status: Check status online on BSE, Bigshare - Step-by-step guide

KRN Heat Exchanger IPO allotment status Date, Time: As per data available on the NSE, the initial share sale received bids for 26,08,36,485 shares against 1,09,93,000 shares on offer, translating into 23.73 times subscription.

KRN Heat Exchanger IPO allotment status Date, Time: The Rs 342-crore IPO was available for public subscription between September 25-27 in the price range of Rs 209-220 per share.

KRN Heat Exchanger IPO allotment status Date, Time: 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.

KRN Heat Exchanger IPO allotment status Date, Time: Those who applied for the IPO can check the status online on the BSE and the website of its official registrar Bigshare Services Private Limited — bigshareonline.com. 

KRN Heat Exchanger IPO allotment status Date, Time: Step-by-step guide

Step 1: Visit the official website of the BSE to check the status of the IPO application online. Login using the direct link: bseindia.com/investors/appli_check.aspx

Step 2: Select 'Equity' under 'Issue Type'

Step 3: Select 'Issue Name' (KRN Heat Exchanger and Refrigeration Ltd ) in this case. Either enter the application number in the box or provide your PAN details to proceed further

Step 4: Click 'submit'.

The status of your KRN Heat Exchanger and Refrigeration Ltd application status will appear on the screen.

Step 1: Visit the official website of Bigshare Services website (direct link - https://www.bigshareonline.com/ipo_Allotment.html)

Step 2: Select one of the server links to check your IPO Allotment Status.

Step 3: Under the company selection section, choose 'KRN Heat Exchanger and Refrigeration Ltd'.  

Step 4: Select either Application Number/CAF No, Beneficiary ID or PAN to verify your allotment status.

Step 5: Enter the captcha and hit search. Your allotment status will be displayed on the screen.

KRN Heat Exchanger IPO allotment status Date, Time: KRN Heat Exchanger and Refrigeration Ltd's equity shares will be listed at BSE, NSE.

KRN Heat Exchanger IPO allotment status Date, Time: The company's equity shares are expected to be listed on the BSE and NSE on  October 3, 2024 i.e. on Thursday this week.

KRN Heat Exchanger IPO allotment status Date, Time: Holani Consultants is the sole book-running lead manager to the company's public issue.

KRN Heat Exchanger IPO allotment status Date, Time: The company has long-standing relations with Daikin Air Conditioning India Private Ltd, Schnieder Electric IT Business India Private Ltd, Kirloskar Chillers Private Ltd, Blue Star Ltd and Climaventa Climate Technologies Private Ltd.

KRN Heat Exchanger IPO allotment status Date, Time: The Rajasthan-based company manufactures fin and tube-type heat exchangers for the heat ventilation air-conditioning and refrigeration industry.