KRN Heat Exchanger IPO Subscription
The KRN Heat Exchanger IPO is a book build issue with a total issue size of ₹341.51 cr, comprising of fresh issue of 15523000 equity shares. KRN Heat Exchanger IPO opened for subscription on Sep 25, 2024 and closed on Sep 27, 2024. KRN Heat Exchanger IPO is set price band at ₹209 to ₹220 per share, with a lot size of 65 shares. Minimum investment for Retail investors was ₹14,300.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 30, 2024, and listed on both the NSE and BSE on Oct 03, 2024.
Bigshare Services Pvt Ltd has been appointed as the registrar. Holani Consultants Private Limited are the Book Running Lead Manager for the issue.
Before investing in the KRN Heat Exchanger IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
Current GMP
₹270 (+122.73%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
KRN Heat Exchanger IPO Subscription Details ( Fri, 27 Sep 24 01:16 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 3107455 | 786300710 | 253.04x |
| Non-Institutional | 2387215 | 1029227550 | 431.14x |
| BNII | 1591477 | 708701695 | 445.31x |
| SNII | 795738 | 320525855 | 402.8x |
| Retail Investors | 5498330 | 536705845 | 97.61x |
| Total | 10993000 | 2352234105 | 213.98x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
KRN Heat Exchanger IPO is a Book-building IPO with a total issue size of ₹341.51 crore. The KRN Heat Exchanger IPO price band is ₹209 to 220 per share. The KRN Heat Exchanger IPO subscription opens on Wed, Sep 25, 2024, and closes on Fri, Sep 27, 2024. The KRN Heat Exchanger IPO will be listed on the BSE,NSE. Bigshare Services Pvt Ltd is the registrar for the KRN Heat Exchanger IPO.
The KRN Heat Exchanger IPO opens on Wed, Sep 25, 2024 and closes on Fri, Sep 27, 2024
KRN Heat Exchanger IPO Price Band is ₹209 to 220 per share.
KRN Heat Exchanger IPO lot size is 65 shares, Retail investors need a minimum investment of ₹14300 based on the upper price band
The minimum investment for KRN Heat Exchanger IPO is ₹14300, based on one lot of 65 shares at the upper price band of ₹220 per share.
Investors can apply for the KRN Heat Exchanger IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Sep 27, 2024. The application amount remains blocked until the KRN Heat Exchanger IPO allotment is finalized.
KRN Heat Exchanger IPO issue size is ₹341.51 crores.
KRN Heat Exchanger IPO allotment date is Wed, Jul 1, 2026.
The registrar for KRN Heat Exchanger IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check KRN Heat Exchanger IPO allotment status, refund processing, and other IPO-related information.
The KRN Heat Exchanger IPO GMP (Grey Market Premium) is ₹270 as of Thu, Oct 3, 2024. Based on the upper price band of ₹220 per share, the estimated KRN Heat Exchanger IPO listing price is ₹490, indicating a potential listing gain of approximately 0% over the issue price.