KRN Refrigeration and Heat Exchanger Initial Public Offering (IPO): KRN Heat Exchanger and Refrigeration has received a high subscription for its IPO, and on Thursday, October 3, the share price will list on the NSE and BSE.
The IPO for KRN Heat Exchanger received 213.41 subscriptions. In the retail category, the public issue had received bids 96.74 times; in the QIB category, 253.04 times; and in the NII category, 430.54 times.
Strong investor interest is indicated by the robust subscription that KRN Heat Exchanger IPO obtained. Additionally, the GMP suggests that market players anticipate KRN Heat Exchanger shares to launch to great success.
The subscription period for the KRN Heat Exchanger and Refrigeration IPO began on September 25 and ended on September 27. On Monday, September 30, the allocation for the public offer was finished.The IPO GMP for KRN Heat Exchanger was ₹230, albeit it was less than ₹270 at the beginning of the subscription period. On day two, the GMP was ₹235, based on information from Investorg ain.com. For KRN Heat Exchanger shares, the current GMP shows significant listing gains.
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