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KRN Heat Exchanger and Refrigeration Ltd
Registered Office: Plot #F 46 47 48 49 EPIP RIICO, Industrial Area Neemrana, Alwar - 301705, Rajasthan
Phone: +91 92570 25440
Email: cs@krnheatexchanger.com
Website: www.krnheatexchanger.com
Initial public issue of up to 1,55,43,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company for cash at a price of Rs.220 per equity share (including a share premium of Rs.210 per equity share), aggregating upto Rs. 341.95 crores ("The Issue"). The issue will constitute 25% of the post issue paid up equity share capital of the company. The company, in consultation with the brlm, has undertaken a pre-ipo placement of 4,77,000 equity shares for cash consideration aggregating to Rs. 9.54 crores. The issue size as disclosed in the draft red herring prospectus, up to 1,60,00,000 equity shares has been reduced by 4,77,000 equity shares pursuant to the pre-ipo placement and accordingly the issue is of up to 1,55,43,000 equity shares and the minimum issue size shall constitute at least 10% of the post-issue paid-up equity share capital of the company, in compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended ("scrr"). The Offer Price is Rs. 220 per equity share of face value of Rs. 10 each. The Offer Price is 22 times of the face value of the equity shares. Bid cane be made for a minimum of 65 equity shares and in multiples of 65 equity shares thereafter.

KRN Heat Exchanger and Refrigeration Ltd

Registered Office: Plot #F 46 47 48 49 EPIP RIICO, Industrial Area Neemrana, Alwar - 301705, Rajasthan

Phone: +91 92570 25440

Email: cs@krnheatexchanger.com

Website: www.krnheatexchanger.com

Initial public issue of up to 1,55,43,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company for cash at a price of Rs.220 per equity share (including a share premium of Rs.210 per equity share), aggregating upto Rs. 341.95 crores ("The Issue"). The issue will constitute 25% of the post issue paid up equity share capital of the company. The company, in consultation with the brlm, has undertaken a pre-ipo placement of 4,77,000 equity shares for cash consideration aggregating to Rs. 9.54 crores. The issue size as disclosed in the draft red herring prospectus, up to 1,60,00,000 equity shares has been reduced by 4,77,000 equity shares pursuant to the pre-ipo placement and accordingly the issue is of up to 1,55,43,000 equity shares and the minimum issue size shall constitute at least 10% of the post-issue paid-up equity share capital of the company, in compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended ("scrr"). The Offer Price is Rs. 220 per equity share of face value of Rs. 10 each. The Offer Price is 22 times of the face value of the equity shares. Bid cane be made for a minimum of 65 equity shares and in multiples of 65 equity shares thereafter.

Issue	Money Payable On
25-Sep-2024	27-Sep-2024	(Rs) 220.00 - 0.00	(Rs) 0.00 - 0.00

Issue

Money Payable On

Opens On

Closes On

Application

Allotment

25-Sep-2024

27-Sep-2024

(Rs) 220.00 - 0.00

(Rs) 0.00 - 0.00

(Rs)Cr.	Lead Managers to the Issue
Project Cost	311.12
Project Financed through Current Offer	341.95
Post Issue Equity Share Capital	62.14
Issue Price	(Rs) 220.00

(Rs)Cr.

Lead Managers to the Issue

Project Cost

311.12

Project Financed through Current Offer

341.95

Post Issue Equity Share Capital

62.14

Issue Price

(Rs) 220.00

Projects
Investment in its wholly owned subsidiary KRN HAVC Products Pvt Ltd for setting up a new mfg facility
General corporate purposes

Projects

Investment in its wholly owned subsidiary KRN HAVC Products Pvt Ltd for setting up a new mfg facility

General corporate purposes

Promoted By
Santosh Kumar Yadav
Anuj Devi
BSE
NSE

Promoted By

Santosh Kumar Yadav

Anuj Devi

BSE

NSE

Registrar to the Issue
Bigshare Services Pvt Ltd

Registrar to the Issue

Bigshare Services Pvt Ltd