Massive Response! KRN Heat Exchanger and Refrigeration IPO subscribed 213.98 times on last bidding day. Check GMP here
KRN Heat Exchanger and Refrigerationmakes fin and tube-type heat exchangers for HVAC&R, including condenser coils and evaporator units. Products, made from copper and aluminum, serve air conditioning, refrigeration, data centers, and medical equipment. Advanced coatings ensure durability. Their Neemrana, Rajasthan plant uses cutting-edge tech, and they hold ISO certifications for quality and environmental standards.
KRN Heat Exchanger and Refrigeration Subscription Details
| Category | Subscription (times) |
|---|---|
| QIBs | 253.04 |
| NII | 431.14 |
| Retail | 97.61 |
| Total | 213.98 |
KRN Heat Exchanger and Refrigeration Allotment & Listing Details
The results of the allotment will be out on Monday i.e. 30/09/2024 and will List on Thursday i.e. 3/10/2024 .
To check the allotment, click here
KRN Heat Exchanger and Refrigeration GMP Today
The current GMP of the company is around Rs.260 – 270 which is around 118% of the Issue price . It is expected that investors can get a profit of 118% per lot if the stock lists at such GMP price.
Note: The GMP fluctuates on the basis of market demand.
Disclaimer:
The recommendations made above are by market analysts and are not advised by either the author, nor FinTrend 24. The author, nor the brokerage firm nor FinTrend 24 would be liable for any losses caused as a result of decisions based on this write-up. FinTrend 24 advises users to consult with certified experts before making any investment decision.