The KRN Heat Exchanger IPO is generating significant buzz among investors as it approaches its allotment status announcement on September 30, 2024. With a strong response from Non-Institutional Investors (NII), the IPO is attracting considerable attention in the market. The company’s aim to raise ₹341.95 crore through this public issue has positioned it as a notable player in the current IPO landscape.
KRN Heat Exchanger IPO 2024
The price band for the KRN Heat Exchanger IPO has been set between ₹209 to ₹220 per equity share, reflecting investor optimism. As the excitement builds, investors are eager to check their allotment status online. This guide will outline the necessary steps to verify the allotment status, ensuring that participants are well-informed ahead of the IPO listing, expected on October 3, 2024.
KRN Heat Exchanger IPO Allotment Status Overview
| Attribute | Information |
| Allotment Date | 30 September 2024 |
| Listing Date | 3 October 2024 |
| IPO Price Band | ₹209 to ₹220 per equity share |
| Amount to be Raised | ₹341.95 crore |
KRN Heat Exchanger IPO Subscription Details
| Subscription Category | Subscription Rate |
| Non-Institutional Investors | Strong Demand |
| Retail Investors | Moderate Interest |
| Qualified Institutional Buyers | Limited Participation |
KRN Heat Exchanger IPO Grey Market Premium
| Attribute | Information |
| Current Grey Market Price | ₹253 |
| Grey Market Sentiment | Positive |
Steps to Check KRN Heat Exchanger IPO Status on NSE
| Step | Description |
| Visit NSE Website | Navigate to the NSE IPO allotment status page |
| Log In | Enter your credentials or register if new |
| Select IPO | Choose KRN Heat Exchanger and Refrigeration |
| Enter PAN | Provide your PAN card details |
| Submit | Check the box for ‘I am not a Robot’ and submit |
Steps Check KRN Heat Exchanger IPO Status on Registrar Website
| Step | Description |
| Visit Registrar Website | Go to Bigshare Services official site |
| Select IPO | Choose KRN Heat Exchanger and Refrigeration |
| Enter Details | Use Application Number, Beneficiary ID, or PAN |
| Solve Captcha | Complete the captcha verification |
| Click Search | Check the allotment status |
KRN Heat Exchanger IPO Registrar Information
| Attribute | Information |
| Registrar | Bigshare Services Private Limited |
| Contact Details | Available on their official website |
KRN Heat Exchanger IPO Objectives
| Objective | Description |
| Fund Utilization | For business expansion and operational efficiency |
| Infrastructure Development | Investment in technology and logistics |
KRN Heat Exchanger IPO Investor Sentiment
| Category | Sentiment Level |
| Non-Institutional Investors | High Interest |
| Retail Investors | Cautiously Optimistic |
KRN Heat Exchanger IPO Key Dates
| Event | Date |
| Bidding Period | Completed on 30 September 2024 |
| Allotment Status Release | 30 September 2024 |
| Listing Date | 3 October 2024 |
KRN Heat Exchanger IPO Financial Overview
| Financial Metric | Amount |
| Amount to be Raised | ₹341.95 crore |
| Expected Market Capitalization | TBD |
KRN Heat Exchanger IPO Market Context
| Attribute | Information |
| Current Market Sentiment | Positive towards new IPOs |
| Comparisons | Strong interest compared to past IPOs |
KRN Heat Exchanger IPO Risks
| Risk Factor | Description |
| Market Volatility | Potential fluctuations in stock prices |
| Regulatory Changes | Possible impact from policy changes |
KRN Heat Exchanger IPO Summary
The KRN Heat Exchanger IPO is set to be a noteworthy event in the market, with a significant subscription from Non-Institutional Investors. With a well-defined price band and the backing of a reputable registrar, investors are keenly awaiting the allotment status. As the IPO moves towards its listing date, the positive market sentiment and substantial grey market activity suggest that KRN Heat Exchanger is positioned for a successful entry into the stock market.
