KRN Heat Exchanger IPO: The company is set to list on October 3. Before this, KRN Heat Exchanger IPO has finalised the shares allotment at the start of the week. To know whether your equity shares will be listed on BSE and NSE, you need to check the status of your application. The process can be done online.

KRN Heat Exchanger IPO Listing:

The proposed equity shares that are finalised for the IPO, will debut on BSE and NSE on October 3, 2024. While the credit of shares or refunds was initiated on October 1. The listing could not take place on October 2nd due to the market holiday owing to the celebration of Gandhi Jayanti across the country.

KRN Heat Exchanger GMP Today:

As per Investor Grain, KRN Heat Exchanger IPO’s last GMP is ₹245, last updated Oct 2nd 2024 10:02 AM. With a price band of 220.00, KRN Heat Exchanger IPO’s estimated listing price is ₹465 (cap price + today’s GMP). The expected percentage gain/loss per share is 111.36%.

Here’s How To Check Whether You Are Eligible In The IPO:

To Check the Application Status On Bigshare Services, Click On The Link Below:

https://www.bigshareonline.com/ipo_Allotment.html

Step 1: Once you open the link, you will directed to a page which has three Server options for taking you to the IPO status page. These options are ‘Server 1′, Server 2’, and ‘Server 3’. Click on either of the server options.

Step 2: After clicking on the server, a new page will appear asking for details of your application.

Step 3: Select ‘KRN Heat Exchanger And Refrigeration under the ‘Company Selection’ option. Further, enter your application number, or beneficiary ID, or PAN number under ‘Selection Type’ option.

Step 4: Lastly, add the colour-coded Captcha in the small box and click on ‘SEARCH’. After the entire process, you will be able to review your application status.

To Check the Application Status On BSE, Click On The Link Below:

https://www.bseindia.com/investors/appli_check.aspx

Step 1: Here, you will have to select the ‘Issue Type’ which would be EQUITY.

Step 2: Then select ‘KRN Heat Exchanger And Refrigeration’ in the ‘Issue Name’ option.

Step 3: The third process is to add either ‘Application No’ or ‘PAN number’.

Step 4: Finally click on SEARCH to review the status of your bidding in the IPO.

KRN opened its 100% book building IPO on September 25 to September 27. The IPO was purely fresh issue of Rs 341.95 crore, with price band of Rs 209 apiece to Rs 220 apiece. The IPO overall subscribed by a whopping 213.41x driven by all category investors such as QIBs, NIIs and retail investors.

KRN Heat Exchanger and Refrigeration Limited is one of the leading manufacturer and exporter specializing in aluminium / copper fins and copper tubes heat exchangers ,water coils, condenser and evaporator coils.

Story first published: Wednesday, October 2, 2024, 10:09 [IST]