KRN Heat Exchanger And Refrigeration Ltd.
Issue Open Date 25-Sep-24  
Issue Closing Date 27-Sep-24  
Application Money 100  
Allotment Money  
Price Band () 209 - 220  
Minimum Bid Quantity. 65  
Issue Size (Shares) 10993000  
Market Lot 1  
Objective

1. Investment in our wholly owned subsidiary, KRN HVAC Products Private Limited for setting up a newmanufacturing facility at Neemrana, Alwar, Rajasthan (“Proposed Project”) and2. General corporate purposes.

Business Description

Our Company manufactures fin and tube type heat exchangers for the Heat Ventilation AirConditioning and Refrigeration Industry (“HVAC&R”). Heat exchangers manufactured by us are madeof non-ferrous metals primarily Copper and Aluminium. Our product range includes condenser coils,evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts.

Promoter's Holding
Total Share Capital   43999980  
Offered to Public   15543000  
Promoter's Holding (Pre-Issue)   94.39  
Promoter's Holding (Post-Issue)   70.78  
Address
Address :Plot No. F-46
47
48
49 Epip
Riico Industrial Area
Neemrana
City :Alwar, State :Rajasthan Pincode :301705 Phone :9257025440 Email : cs@krnheatexchanger.com Website : www.krnheatexchanger.com
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE, NSE
Lead Manager
Holani Consultants Pvt Ltd.
Promoters
Anju Devi
Manohar Lal
Santosh Kumar Yadav

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