KRN Heat Exchanger and Refrigeration Limited Established in 2017 which is one of the leading manufacturers & exporters of copper/Aluminium fin and tube type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration Industry.
The Company’s product range includes condenser coils, evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts. This company believes that we are committed to provide excellent solutions to our customers, offering customized products that align with international quality standards. Company export 33% of the it’s total Production share to the worldwide.
KRN Heat Exchanger Mainline IPO worth of 1.55 Cr Shares is coming soon. it is a Mainline IPO which will list on BSE, NSE. IPO opening and closing dates, IPO price band and lot size are yet to be announced.
KRN Heat Exchanger IPO Details
| IPO Issue Opening Date: | 25th Sep 2024 |
| IPO Issue Closing Date: | 27th Sep 2024 |
| IPO Issue Price: | ₹TBD Per Share |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | Not less than 35% |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | 1.55 Cr Shares |
| Fresh Issue: | 1.55 Cr Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 94.39% |
KRN Heat Exchanger IPO Dates
The KRN Heat Exchanger IPO date is September 25 and the close date is September 27. The KRN Heat Exchanger IPO allotment will be finalized on September 30 and the IPO listing on October 3.
| IPO Open Date: | September 25, 2024 |
| IPO Close Date: | September 27, 2024 |
| Basis of Allotment: | September 30, 2024 |
| Refunds: | September 30, 2024 |
| Credit to Demat Account: | October 1, 2024 |
| IPO Listing Date: | October 3, 2024 |
KRN Heat Exchanger IPO Company Financial Report
The company reported revenue of ₹313.54 crores in 2024 against ₹249.89 crore in 2023. The company reported profit of ₹39.07 crores in 2024 against profit of ₹32.31 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹158.23 | ₹143.26 | ₹10.59 | ₹92.79 |
| 2023 | ₹249.89 | ₹204.39 | ₹32.31 | ₹148.76 |
| 2024 | ₹313.54 | ₹257.81 | ₹39.07 | ₹258.36 |
KRN Heat Exchanger IPO Valuation – FY2024
Check KRN Heat Exchanger IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 40.86% |
| ROCE: | 31.21% |
| EBITDA Margin: | 18.96% |
| PAT Margin: | 12.67% |
| Debt to equity ratio: | 0.45 |
| Earning Per Share (EPS): | ₹8.69 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 29.68% |
| Net Asset Value (NAV): | ₹28.53 |
