KRN Heat Exchanger IPO Subscription Details

Bookbuilding IPO | ₹342 Cr | Listed at BSE, NSE | Wed, Sep 25, 2024 - Fri, Sep 27, 2024

Basis of Allotment - KRN Heat Exchanger IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)31,07,45545,50,00076,57,4557,95,73815,91,47723,87,21554,98,3301,55,43,000
Allotment price (Rs.)220220220220220220220220
No.of applications177101873,23,1051,45,5574,68,66258,05,68862,74,537
No.of shares applied77,86,44,10054,54,98078,40,99,08031,74,25,16070,45,87,5851,02,20,12,74555,57,14,3152,36,18,26,140
Amount collected (Rs.cr.)17,130.17 120.01 17,250.18 6,983.35 15,500.93 22,484.28 12,225.71 51,960.18
No.of times subscribed250.571.20102.40398.91442.73428.12101.07151.95
No.of shares allotted31,07,45545,50,00076,57,4557,95,73815,91,47723,87,21554,98,3301,55,43,000
Amount (Rs.cr.)68.36 100.10 168.46 17.51 35.01 52.52 120.96 341.95
No.of allottees17691858741,7482,62284,58887,395

IPO Shares Offered

KRN Heat Exchanger IPO is a public issue of 1.55 Cr equity shares. The issue offers 0.55 Cr shares to retail investors, 0.77 Cr shares to qualified institutional buyers, and 0.24 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 76,57,455168.46 49.27%
    Anchor 45,50,000 100.10 29.27%
    QIB (Ex Anchor) 31,07,455 68.36 19.99%
NII 23,87,21552.52 15.36%
    bNII (> ₹10L)15,91,47735.01 10.24%
    sNII (< ₹10L)7,95,73817.51 5.12%
Retail54,98,330120.96 35.37%
Total1,55,43,000341.95 100%

KRN Heat Exchanger IPO Anchor Investor Allocation

A total of 45,50,000 shares at a price of Rs 220 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 24, 2024
Anchor investor price₹220.00
Anchor investors as % of QIBs59.42%
No. of shares locked-in for 30 days22,75,000
No. of shares locked-in for 90 days22,75,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 WHITEOAK CAPITAL MULTI CAP FUND WHITEOAK CAPITAL MUTUAL FUND 3,58,280 7.88 7.87 2.31
2 WHITEOAK CAPITAL ELSS TAX SAVER FUND WHITEOAK CAPITAL MUTUAL FUND 96,330 2.12 2.12 0.62
3 BANDHAN SMALL CAP FUND BANDHAN MUTUAL FUND 4,54,610 10.00 9.99 2.92
4 HOLANI VENTURE CAPITAL FUND-HOLANI VENTURE CAPITAL FUND I HOLANI VENTURE 8,58,000 18.88 18.86 5.52
5 MINT FOCUSED GROWTH FUND PCC-CELL 1 MINT FOCUSED 6,36,480 14.00 13.99 4.09
6 SAINT CAPITAL FUND SAINT CAPITAL 4,81,000 10.58 10.57 3.09
7 VQ FASTERCAP FUND VQ FASTERCAP 4,54,610 10.00 9.99 2.92
8 ASHOKA INDIA EQUITY INVESTMENT TRUST PLC ASHOKA 4,54,610 10.00 9.99 2.92
9 KOTAK ICONIC FUND II KOTAK 4,09,045 9.00 8.99 2.63
10 ASHOKA WHITEOAK EMERGING MARKETS TRUST PLC ASHOKA WHITEOAK 3,47,035 7.63 7.63 2.23
45,50,000100.1010029.27

IPO Subscription FAQs

The KRN Heat Exchanger IPO is subscribed 213.41 times by Sep 27, 2024 18:19.

KRN Heat Exchanger IPO Subscription

Investor Category Subscription (times)
Qualified Institutional253.04
Non Institutional430.54
Retail Individual96.74
Total Subscription213.41

Retail category of KRN Heat Exchanger IPO subscribed 96.74 times as of date Sep 27, 2024 18:19. The public issue closes on Fri, Sep 27, 2024 for bidding.

An investor can apply in KRN Heat Exchanger IPO online via bank (using ASBA) or the broker (using UPI). The KRN Heat Exchanger IPO shares are offered online only.

The KRN Heat Exchanger IPO is subscribed 213.41 times by Sep 27, 2024 18:19.

The KRN Heat Exchanger IPO allotment status is expected on or around Monday, September 30, 2024. Visit KRN Heat Exchanger IPO allotment status to check.

The KRN Heat Exchanger IPO listing date is October 3, 2024. The equity share of KRN Heat Exchanger IPO will list on BSE, NSE.

Visit KRN Heat Exchanger IPO subscription status page for real-time bidding information about KRN Heat Exchanger IPO.

KRN Heat Exchanger IPO Timetable

IPO opens OnWednesday, September 25, 2024
IPO Closes OnFriday, September 27, 2024
Finalisation of Basis of AllotmentMonday, September 30, 2024
Initiation of RefundsTuesday, October 1, 2024
Credit of Shares to Demat AccountTuesday, October 1, 2024
IPO Listing DateThursday, October 3, 2024
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