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KRN Heat Exchanger

KRN Heat Exchanger and Refrigeration is a leading manufacturer of fin and tube-type heat exchangers tailored for the HVAC&R sector. Specializing in the use of non-ferrous metals like Copper and Aluminium, the company offers a diverse range of products, including condenser coils, evaporator units, fluid and steam coils, copper headers, and sheet metal components. The heat exchanger tubes come in varying diameters, from 5MM to 15.88 MM. All production is consolidated in two state-of-the-art industrial units located in the RIICO Industrial Area, Neemrana, Rajasthan.

KRN Heat Exchanger IPO Details

Signature Global IPO Details
KRN Heat Exchanger IPO Dates
25 – 27 September 2024
KRN Heat Exchanger Issue Price
INR 209 – 220 per share
Fresh issue
1,55,23,000 shares
Offer For Sale
NIL
Total IPO Size
1,55,23,000 shares
Minimum bid (size)
Coming soon
Face Value
INR 10 per share
Retail Allocation
35%
Listing On
NSE, BSE

KRN Heat Exchanger Financial Performance

Signature Global Financial Performance

FY2021

FY2022

FY2023

FY2024

Revenue

75.82

156.11

247.48

308.28

Expenses

73.41

143.26

204.39

257.81

Net income

2.47

10.59

32.32

39.03

Margin (%)

3.26

6.78

13.06
12.66

Figures in INR Crore unless specified otherwise

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