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- By Aditya Pratap Singh
- Thu, 03 Oct 2024 10:40 AM (IST)
- Source:JND
KRN Heat Exchanger Share Price Today:KRN Heat Exchanger Share Price made a stellar debut at Rs per share, up % premium on stock exchanges. The stock opened at Rs 480 each, at a premium of 118.18% over the issue price of Rs 220 each. While KRN Heat Exchanger IPO Listed at Rs 470 per share on the BSE, at a premium of 113.64%. Earlier, the Rs 342 initial public offering received a whopping 214 times subscriptions. The company had set a price band of Rs 209 to Rs 220 per share.
The KRN Heat Exchanger share sale was open for bidding from September 25 to September 27. The Shares of KRN Heat Exchanger listed on expectations as the stock was trading at over 100% premium in the grey market before listing.
KRN Heat Exchanger IPO Listing Details
IPO Listing Premium on NSE- 118%
KRN Heat Exchanger Share Listing Price at NSE- Rs 480, up 118.18% or 260 Rupees Per share.
KRN Heat Exchanger Share Listing Premium on BSE- 113.64%
KRN Heat Exchanger Share Listing Price at BSE- Rs 470, up 113.64% or Rs 250 per share.
KRN Heat Exchanger IPO Subscription Status
Total Subscription – 214.42 times
Retail Quota bidding status – Shares reserved for retail investors were subscribed 98.29 times.
The non-institutional investor category- The category received 431.63 times bids.
Qualified Institutional Buyers (QIBs) – The quota for QIBs was subscribed 253.04 times.
KRN Heat Exchanger IPO Details
KRN Heat Exchanger IPO Price Band – The price band per share has been fixed at Rs. 209 to Rs. 220.
Issue size of KRN Heat Exchanger IPO – The company brought IPO to raise Rs 342 Crore.
KRN Heat Exchanger IPO Lot Size – A lot of at least 65 shares, i.e. minimum investment of Rs. 14,300.
KRN Heat Exchanger Listing Date – The shares will be listed on the exchange on October 3, 2022.
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