KRN Heat Exchanger and Refrigeration Limited IPO
The company specializes in the manufacturing of fin and tube type heat exchangers designed specifically for the Heat Ventilation Air Conditioning and Refrigeration (HVAC&R) industry. Their heat exchangers, crafted from non-ferrous metals such as Copper and Aluminum, are integral components in various systems, providing efficient heat transfer solutions for a broad array of applications.
Product Range
They produce a wide variety of heat exchangers to meet the diverse needs of their customers, including:
i. Condenser coils – Used to release heat from refrigerant in cooling systems.
ii. Evaporator units and coils – Essential for absorbing heat and enabling the cooling cycle.
iii. Header and copper parts – Components that facilitate fluid and refrigerant flow within heat exchangers.
iv. Fluid and steam coils – Designed for use in systems requiring the transfer of fluids or steam for heating or cooling processes.
v. Sheet metal parts – Supporting components for various industrial applications.
Their product line is tailored for applications in air conditioning, heating, ventilation, refrigeration, and process cooling systems. This versatility allows them to serve a broad market, including commercial, industrial, and residential HVAC&R systems.
Market Position and Focus
By leveraging their expertise in non-ferrous metals and advanced manufacturing techniques, they have positioned themselves as a key supplier in the HVAC&R market. Their focus on quality, customization, and efficiency allows them to meet the evolving needs of this industry while maintaining strong relationships with their customers.
They are committed to continuous innovation and expanding their product offerings, ensuring that they remain at the forefront of the heat exchanger manufacturing industry. Through their technical proficiency and customer-centric approach, they aim to be the preferred partner for businesses seeking reliable and high-performance heat exchange solutions.
Objects of the KRN Heat Exchanger and Refrigeration Limited IPO:
KRN Heat Exchanger and Refrigeration Limited IPO Details:
Open Date: | Sep 25 2024 |
Close Date: | Sep 27 2024 |
Total Shares: | 15,543,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 341.95 Cr. |
Lot Size: | 65 Shares |
Issue Price: | ₹ 209 - 220 Per Equity Share |
Listing At: | NSE,BSE |
Listing Date: | Oct 03 2024 |
Promoters And Management:
Financials of KRN Heat Exchanger and Refrigeration Limited IPO:
Particulars |
FY 2023-24 (Consolidated) | FY 2022-23 (Standalone) | FY 2021-22 (Standalone) |
Revenue |
308.28 | 247.48 |
156.11 |
EBITDA |
63.70 | 51.71 |
19.03 |
EBITDA Margins | 20.66% | 20.89% | 12.19% |
PAT |
39.06 | 32.31 |
10.59 |
PAT Margins | 12.67% | 13.05% |
6.78% |
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