KRN Heat Exchanger Share Price Updates: Stock ends at ₹473.99 apiece on NSE, 115.45% premium to IPO price

KRN Heat Exchange Promotion Value Update: KRN Heat Exchange Promotion Value debuted on the exchange on Thursday, October 3rd. The KRN Heat Exterior Promotion Value ends the listing date at ₹ 473, 99 in NSE, has 115, 45%premium for IPO price ₹ 220, ₹ 478, 45 for BSE, 117, 48, 117, 48. It became a premium of %. As the market was sluggish, the KRN Heat Excanger's promotional price could be maintained above the IPO price, tracking a small swing in the session.

In NSE, the promotional price of KRN Heat Exchangeer rose ₹ ₹ ₹ ₹。。。。。。。。。。。。。。。。。 The promotional price of KRN Heat Externing has now started with $ 470 per unit, increasing by 113 and 64 % per issue cost.

The general recruitment of the KRN Heat Exchange and Refrigiance LTD based in Rajastan began on Wednesday, September 25, and ended on Friday, 27th. The KRN heat exchanger attracted the interest of ₹ 100 claws from the anchor trader.

The KRN heat exchanger IPO uses a high price of 1, 55, 43, 000 promotions, and the upper limit of the price is ₹ 342.

On Friday, the IPO auction ended with an excess of 214, 42 times, and ordered 2, 35, 71, 39. 005 promotions for 1, 09, 93. 000 promotions.

Applicants for no n-institutional investors were 431, 63 times, and the application of individual investors (RII) was 98, 29 times. In the QIB category, there were 253, 04 times applications.

KRN Heat Exchange and Refrigeration LTD IPO offers were fully accepted in a few minutes.

The company supplies heat exchangers with fins and tub e-like heat exchanges for thermal ventilation, air conditioning, and frozen industries.

The company will carry out all manufacturing operations in two industrial manufacturing facilities consisting of two industrial land in Riico Industrial Park, Nimlana, Rajastan.

Horani Consultantz is the only leader in the company's open call for public offering.

October 03, 2024 16:14:03 IST

KRN Heat Exchanger Share Price Updates: Stock ends at ₹473.99 apiece on NSE, 115.45% premium to IPO price

The promotional price of KRN Heat Exterior is 115, 45%of the IPO price of ₹ 220 for ipo price ₹ 220, and BSE is 117, 48%premium with ₹ 478, 45 premium. It is. As the market sluggish, the promotional price of the KRN heat exchanger has somehow exceeded the IPO price while tracking a small swing in the direction of the session.

03 Oct 2024, 14:55:13 IST

KRN Heat Exchanger Share Price Live Updates: Stock Check

As of 14:52 pm IST, the company's shares are traded for 483, 20 yen per share, up 2, 81 %, up 2, 81 %, an increase in NSE, up 0 and 17 %.

October 03, 2024 14:33:28 IST

KRN Heat Exchanger Share Price Live Updates: Here's all you need to know about top customer's revenue

More than 33 % of the company's profits have been brought by the parent company, Daikin Air Conditioner India. In addition, the top five buyers account for about 55 % of sales, which greatly depend on a small number of buyers. The decrease and delay of orders from these buyers may adversely affect the company's performance.

October 3, 2024 13:37:23 IST

KRN Heat Exchanger Share Price Live Updates: Check out some of the key risks

The main risks of the company are that a few major buyers are slaves, lon g-term contracts cannot be signed with all buyers, limited suppliers, limited working conditions, and fluctuations are severe. Sometimes it deals with products.

October 3, 2024 13:13:14 IST

KRN Heat Exchanger Share Price Live Updates: Here's all you need to know about the firm's financials

According to a listed company report, KRN's cash profile increased from 156 Crone of FY22 to 308 Crone of FY24 due to an increase in order volume due to lon g-term connections and repeat orders from major buyers. The rate reached 25 %. With the recovery, EBITDA and PAT have also increased, but this is explained by the modernization of infrastructure to improve the manufacturing process, increase the opportunity to develop new products, and to respond to larger demand in the heat exchanger industry.

October 3, 2024 13:01:51 IST

KRN Heat Exchanger Share Price Live Updates: Here's all you need to know about company's in-house manufacturing

The KRN factory, located in the popular industrial park in RIICO in Nimlana, Rajastan, is enhanced to produce en d-t o-end. The company's unique and strict demands of customers are accurate design experience, strategically placed production equipment, design, and the use of modern and lo w-cost manufacturing technology. 。

October 03, 2024 12:33:48 IST

KRN Heat Exchanger Share Price Live Updates: Check out Arun Kejriwal post-listing views on the stock

According to the founder of the Kegi Riwar Research and Investment Service, Arun Keju Riova, the promotional price of the KRN heat exchanger began about twice as much as the issuance price, but it was initially stable, but it is now almost issued. It is at the price level. The transaction volume has already exceeded 184 billion promotion, which indicates speculation rather than a delivery. It is very important to monitor the strength of the market at the end of the market, whether traders will expire their position. As a result, traders are likely to not decide to sell.

October 3, 2024 12:05:42 IST

KRN Heat Exchanger Share Price Live Updates: Book profit from the listing gains, says Sagar Shetty, Research Analyst, StoxBox

"The KRN heat exchange has all the opportunities to use these trends to enhance the position in the market, so we will help the participants of the release to get the benefits of the listing. The company will be in the future. If there are signs of improvement in the financial situation, we plan to review the recommended brands, "Sager Sager Sharetti advised.

October 03, 2024, 11:34:48 AM IST

KRN Heat Exchanger Share Price Live Updates: Here's what Prashanth Tapse of Mehta Equities says post-listing

"Despite the sluggish market, the listing of KRN Heat Exchange was as expected, but this is because all investors responded like a storm. Considering all the prospects of growth, it is considered that it may be higher, so it is a profit for investors who are not listed. It is better to watch Ruka, "said Tapusa.

October 3, 2024 11:14:31 IST

KRN Heat Exchanger Share Price Live Updates: Check out company's client base

In the fiscal year ending on March 31, 2024, the company's customer base exceeded 115 from various areas. The company's global diversity has given the strong and established connections with most customers to enter a new international market and to expand customers. The company's respected customers are Daikin Air Conditioning India PVT LTD, Kirloskar Chillers PVT LTD, Blue Star LTD, CLIMAVENTA. CLIMATE TECHNOLOGIES T LTD, Frigel INTELLIGENT REFRIGENT SYSTEMS INDIA PVT LTD.

October 03, 2024 10:43:44 IST

KRN Heat Exchanger Share Price Live Updates: Here's all you need to know about KRN Heat Exchanger business

Heat exchanges with ribs and tubes are manufactured by KR N-heat exchangers, especially for HVAC (heat, ventilation, air conditioning) and the freezer industry. No n-ferrous metals of copper and aluminum are mainly used to manufacture the heat exchanger. The company offers a condensed circle, evaporator block, evaporator coil, collector/ copper parts, liquids and steam coils, and sheet metal parts.

KRN manufactures a variety of heat exchanges with various sizes and shapes, depending on your request and market needs. A thermal exchange tube from 5, 88mm to 15, 88 mm in diameter is manufactured. The company's products are perfect for air conditioning, heating, ventilation, freezing, and technology cooling.

October 03 2024, 10:23:05 Morning IST

KRN Heat Exchanger Share Price Live Updates: Investors may book a portion of the profit, says Shivani Nyati, Head of Wealth, Swastika Investmart Ltd.

The KRN Heat Exchangeers and Refrigeration Limited (KRN heat exchanger, freezing limit) was a promotion of 118 % up to 220 issued by a 481 price. It seems that the actual price setting of promotion in IPO seems to be meaningful, but it is not easy to compare directly because there are no similar stocks on the exchange. Last but not least, KRN heat exchangers have excellent fundamentals and are profitable from market demand, so traders secure a portion of the rise and remain necessary for themselves. I have all the opportunities to forget the amount of money. "

03 Oct 2024, 10:21:15 IST

KRN Heat Exchanger Share Price Live Updates: Stock Check

As of 10:18 am, the stock price has fallen by nearly 2 % by NSE, and is traded at 470, 72 per promo, increased by 0, 51 % in BSE, and is traded at 471, 65 per promo. I am.

October 3, 2024, 10:00:12 IST

KRN Heat Exchanger Share Price Live Updates: Stock makes a blockbuster debut, opens with 118% premium at ₹480 on NSE

The promotional price of the KRN Heat Expenger appeared with a big difference on the exchange. In the NSE, the promotional price of KRN Heat Exchangeer has risen from 220 to 118 % of the issued price, and opened at 480 per promotion. The Promotional price of the KRN Heat Exterior has currently started with ₹ 470 per share, increasing 113 and 64 % per issuance cost.

03 Oct 2024, 09:42:36 IST

KRN Heat Exchanger Share Price Live Updates: Here's what Prashanth Tapse, Senior Vice President of Research at Mehta Equities says about listing

"Given the strong demand and market psychology, the market debut that has the potential to double the traders' funds on the first day of the listing is a great opportunity. It is recommended for listed traders to secure profits. For example, I believe that the pos t-listing valuation may be higher in consideration of any mediu m-term opportunity for business growth.

October 3, 2024 09:34:31 IST

KRN Heat Exchanger Share Price Live Updates: Strong fundamentals, market demand suggest a promising outlook for the listing, says expert

According to Swivani NYATI, the head of the Swastika Investmart LTD, the valuation of the IPO seems to be reasonable, but it is difficult to directly compare because there is no similar company on the stock exchange. However, the powerful fundamentals and market demand of KRN Heat Exchangers can talk about promising listing.

The impressive 213 and 41 applications on the IPO and the large gray market premium (GMP) of ₹ 250 (113, 64 %) show the greatest interest in traders.

October 03, 2024, 09:31:41 IST

KRN Heat Exchanger Share Price Live Updates: Here's what KRN Heat Exchanger IPO GMP today hints ahead of listing

The IPO price at the gray market of KRN HEAT EXCHANGER is +248. According to Investorgain, KRN Heat Exchange's promotion means that the gray market is traded in the ₹ 248 premium. Depending on COM.

Considering the hig h-end of the IPO price and the current premium in the gray market, the estimated listing price of the KRN heat exchanger promotion is 468 per share, which is actually 112, 73 % than the ipo price $ 220. expensive.

Premium in the gray market indicates that traders want to pay higher than the public price.

Disclaimer: The concepts and advice above are from individual experts, experts, and securities companies, not mint. We recommend that you consult a certified expert before giving an investment advice.