Watch out India! The KRN Heat Exchanger IPO is coming up with a heartwarming success story and a promise of profits!
In an inspiring tale that bridges the gap between humble beginnings and lofty ambitions, KRN Heat Exchanger is set to launch its Initial Public Offering (IPO) on September 25, 2024, aiming to raise an impressive ₹342 crore. This journey is all about Santosh Kumar Yadav, a farmer's son from Tijara, Rajasthan, who epitomizes the classic rags-to-riches narrative. With a price band set at ₹209-₹220 per share and a lot size of 65 shares, this IPO is not just a financial opportunity; it's the culmination of a dream nurtured through toil and perseverance.
KRN Heat Exchanger aims to revolutionize the field of refrigeration and heat exchange technology, and with a remarkable track record, they seem destined for success. The company posted a staggering Compound Annual Growth Rate (CAGR) of 41% in revenue and an astounding 92% in net profit between FY22 to FY24, making them a hot topic in the investment world. Stock market enthusiasts are eager to see if this IPO will garner the same level of enthusiasm as its predecessors in the thriving Indian market.
As excitement builds, the Grey Market Premium (GMP) is already buzzing, indicating strong demand among investors. Experts suggest a positive outlook based on the company's financial health and the significance of its market sector. The IPO will be open for just three days, ending on September 27, 2024, leaving potential investors in a fever to secure their shares before it's too late!
Santosh Kumar Yadav’s journey from the agricultural fields of Rajasthan to presiding over a promising public company is nothing short of phenomenal. His story likely inspires countless others, especially in a country where dreams often start small. This venture reflects not only the potential growth in the Indian economy but also the importance of hard work, innovation, and ambition.
Did you know? KRN Heat Exchanger is also making waves for prioritizing sustainability in its operations, aligning with India's increase on green tech investments. Also, a similar IPO trend has been seen in various sectors, signaling a robust investor appetite for emerging enterprises that bring innovative solutions to the table!
KRN Heat Exchanger is launching an IPO of up to 1.55 crore shares, aiming to raise Rs 342 crore. The price band is set at Rs 209-220, with a lot size of 65 ...
The initial public offering KRN Heat Exchanger and Refrigeration Ltd., which will open for subscription on Sept. 25, is likely to receive a strong response ...
The IPO of KRN Heat Exchanger is the journey of Santosh Kumar Yadav, a farmer's son from Tijara, Rajasthan, from a small town to leading a major ...
The Initial Public Offering (IPO) for KRN Heat Exchanger involves a book-built process worth Rs 341.95 crores, solely consisting of an issuance of 1.55 ...
The company is going for all shares of the fresh issues of Rs. 341.95 crore, which will open on 25th September 2024. The issue will close on 27th September 2024 ...
In this article, we'll break down the key aspects of the KRN Heat Exchanger IPO, including its objectives, financials, and what it means for prospective ...
A remarkable story of determination and hard work is unfolding as Santosh Kumar Yadav, the son of a farmer from Rajasthan, prepares to debut his company, ...
Between FY22 and FY24, the company recorded a Compound Annual Growth Rate (CAGR) of 41 per cent in revenue and 92 per cent in net profit.
IPO Size and Pricing: The IPO is a fresh issue of 1,55,23,000 shares, valued between ₹324.43 crore and ₹341.51 crore. The price band for the shares has been ...
KRN Heat Exchanger IPO GMP: शेयर बाजार में ऐसा कभी-कभी होता है। हम बात कर रहे हैं केआरएन हीट एक्सचेंजर एंड रेफ्रीजरेशन के आईपीओ की ...
KRN Heat Exchanger & Refrigeration IPO: भारतीय शेयर बाजार में एक और धमाकेदार आईपीओ लॉन्च हुआ है, जिसका निवेशक बेसब्री से इंतजार कर ...
KRN Heat Exchanger IPO 25 सितंबर को ओपन होगा और इसमें 27 सितंबर तक पैसे लगाए जा सकेंगे. अपनी इश्यू के जरिए कंपनी का प्लान मार्केट से ...
Multibagger IPO: यह आईपीओ अभी बाजार में सब्सक्रिप्शन के लिए खुला भी नहीं है और उसका प्रीमियम ग्रे मार्केट में 100 फीसदी के पार निकला ...
KRN Heat Exchanger IPO: केआरएन हीट एक्सचेंजर का आरंभिक सार्वजनिक निर्गम (आईपीओ) 25 सितंबर को सब्सक्रिप्शन के लिए खुलेगा और 27 ...
KRN Heat Exchanger IPO ग्रे मार्केट में 109% प्रीमियम पर ट्रेड कर रहा है। जानें IPO की महत्वपूर्ण तिथियां, लॉट साइज, प्राइस बैंड और निवेश ...
भारत के स्टॉक एक्सचेंज में अलवर राजस्थान की कंपनी ने तहलका मचा दिया है। 20 सितंबर को आईपीओ प्राइस ₹220 अनाउंस हुआ था और इसी ...
KRN Heat Exchanger IPO GMP Today: KRN Heat Exchanger IPO opens for subscription on September 25. The issue has a GMP of Rs 240, indicating a 110% premium.
Ahead of the issue opening, shares of the company are trading with a premium of ₹236 in the grey market today.
KRN Heat Exchanger and Refrigeration IPO: The company targets to mobilise Rs 341.95 crore through its IPO of 1.55 crore equity shares which comprised of ...
KRN Heat Exchanger and Refrigeration IPO has set a price band of ₹209 to ₹220 per equity share. The ₹341.95 crore initial share is a fresh issue of 1.55 ...
In addition to Holani Consultants' VC fund, notable investors include Whiteoak Capital and affiliates, Bandhan Mutual Fund and Kotak Mutual Fund.
KRN Heat Exchanger's Rs 341.95 crore IPO opened for subscription on September 25, 2024, with a price band of Rs 209-Rs 220 per share.
KRN Heat Exchanger IPO Opening Latest News: KRN Heat Exchanger aims to use the IPO funds towards KRN HVAC Products, its wholly-owned subsidiary located in ...
KRN Heat Exchanger IPO: इश्यू का प्राइस बैंड 209 से 220 रुपये प्रति इक्विटी शेयर तय किया गया है। ग्रे मार्केट प्रीमियम यानी जीएमपी की बात ...
KRN Heat Exchanger and Refrigeration IPO: निवेशक 209-220 रुपये के प्राइस बैंड में बोली लगा सकेंगे। लॉट साइज 65 शेयर है। IPO 27 सितंबर को बंद ...
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing. KRN Heat ...