KRN Heat Exchanger and Refrigeration Ltd Back Registered Office: Plot #F 46 47 48 49 EPIP RIICO,Industrial Area Neemrana , Alwar - 301705 , Rajasthan , India. Phone : +91 92570 25440   Fax: Email :  cs@krnheatexchanger.com   Website :  www.krnheatexchanger.com Initial public issue of up to 1,55,43,000 equity shares of face value of Rs10/- each ("Equity Shares") of the company for cash at a price of Rs220 per equity share (including a share premium of Rs210 per equity share), aggregating upto Rs341.95 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 Rs9.54 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 Rs220 per equity share of face value of Rs10 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 Opens On Closes On Application Allotment 25-Sep-24 27-Sep-24 Rs220.00-0.00 Rs0.00-0.00 Minimum Application for shares in Nos :65  Further Multiples of :65   Rs Cr Lead Managers to the Issue Project Cost 311.12 Holani Consultants Pvt Ltd Project Financed through Current Offer 341.95   Post Issue Equity Share Capital 62.14   Issue Price Rs220.00

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

Listing At BSE  NSE

Registrar to the Issue Bigshare Services Pvt Ltd