JKB Financial Services Ltd.

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KRN Heat Exchanger and Refrigeration Ltd
Registered Office: Plot #F 46 47 48 49 EPIP RIICO, Industrial Area Neemrana, Alwar - 301705, Rajasthan
Phone: +91 92570 25440
Email: cs@krnheatexchanger.com
Website: www.krnheatexchanger.com
Initial public issue of up to 1,55,23,000 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, has undertaken a pre-ipo placement of 4,77,000 equity shares for cash consideration aggregating to Rs. 9.54 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 1,55,23,000 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 price band and the minimum bid lot will be decided by the company.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
25-Sep-2024	27-Sep-2024	₹ 0.00	₹ 0.00

Minimum Application for shares in Nos : 0 Further Multiples of : 0
	(₹)Cr.	Lead Managers to the Issue
Project Cost	0.00	Holani Consultants Pvt Ltd
Project Financed through Current Offer	0.00
Post Issue Equity Share Capital	0.00
Issue Price	₹0.00

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

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