IPO Details

Issue Date




Price Range


Lot Size


IPO Size


Start date

End date

Allotment of bids

Refund Initiation

Listing on exchange

Initial public issue of up to 1,60,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of the company for cash at a price of Rs. [] per equity share (including a share premium of Rs. [] per equity share), aggregating upto Rs. [] crores (The Issue). The issue will constitute [] % of the post issue paid up equity share capital of the company. The company, in consultation with the brlm, may consider a pre-ipo placement of up to 4,77,000 equity shares for cash consideration aggregating up to Rs. [*] crores, at its discretion, with the roc (pre-ipo placement). If the pre-ipo placement is completed, the issue size will be reduced to the extent of such pre-ipo placement, subject to the issue complying with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended (scrr). The price band and the minimum bid lot will be decided by the company.

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Here are the steps to apply for KRN Heat Exchanger and Refrigeration Ltd IPO:

Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.

Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.

Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.

Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.

Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.

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