The KRN Heat Exchanger IPO allotment status is now available, making it one of the most anticipated IPOs of 2024. Investors who have applied for the IPO are eager to check their allotment status as the grey market continues to reflect positive sentiment for the public issue.
Let’s dive into the essential details, including how to check the allotment, grey market premium (GMP), and the listing date for KRN Heat Exchanger IPO.
Key Points
- KRN Heat Exchanger IPO Allotment Date: Available now
- GMP: ₹275, indicating a potential return of 123%
- Listing Date: October 3, 2024
- Registrar: Bigshare Services Private Limited
KRN Heat Exchanger IPO GMP Today
As of today, the KRN Heat Exchanger IPO GMP stands at ₹275, reflecting strong market interest and the likelihood of substantial returns. With the IPO’s upper price band fixed at ₹220 per share, the grey market premium suggests an estimated return of 123% if the trend continues until the listing date.
MUST READ: KRN Heat Exchanger IPO Allotment: Check Status and Expected Listing Price
How to Check KRN Heat Exchanger IPO Allotment Status Online
Investors can now check the KRN Heat Exchanger IPO allotment status on two platforms: BSE and Bigshare Services. Here’s a step-by-step guide on how to check your status on both platforms:
Step 1: Check IPO Allotment on BSE
- Visit BSE Link: BSE IPO Status
- Select ‘Equity’ in the issue type section.
- Enter your application number or PAN number.
- Verify Captcha to prove you are not a robot.
- Click on ‘Search’ and your IPO allotment status will be displayed.
Step 2: Check IPO Allotment on Bigshare Services
- Visit Bigshare Services Link: Bigshare IPO Status
- Choose ‘KRN Heat Exchanger Limited’ from the drop-down menu.
- Enter your application number or PAN number.
- Verify Captcha.
- Click ‘Submit’ to view your allotment status.
KRN Heat Exchanger IPO Listing Date & Expected Returns
The KRN Heat Exchanger IPO listing date is most likely on October 3, 2024. With the current GMP of ₹275 and the IPO price band of ₹220, investors could expect an impressive return if the stock performs as predicted in the grey market.
How Does KRN Heat Exchanger IPO Compare?
To give you a better idea of where KRN Heat Exchanger stands, here’s a quick comparison between KRN and another IPO from the sector:
| IPO | Price Band | GMP | Expected Return |
|---|---|---|---|
| KRN Heat Exchanger IPO | ₹220 | ₹275 | 123% |
| Diffusion Engineers IPO | ₹169 | ₹59 | 35% |
KRN Heat Exchanger IPO: The Company Behind the Buzz
KRN Heat Exchanger is a leading manufacturer of high-efficiency heat exchangers, with a focus on innovation and sustainability.
The company has made a name for itself in the energy efficiency sector, providing critical equipment for various industries, including oil & gas, power generation, and chemicals.
KRN Heat Exchanger’s innovative technology and strong global presence make it an attractive investment option. Investors are particularly drawn to the company’s robust order book and its commitment to environmental sustainability.
What to Expect from KRN Heat Exchanger Post-Listing?
With high investor interest and a bullish GMP, the KRN Heat Exchanger IPO is expected to deliver stellar returns post-listing.
However, as with all investments, the stock market carries its risks. Investors are advised to monitor market conditions leading up to the listing date closely.
Key Takeaways
- Strong GMP: The current grey market premium of ₹275 signals high demand.
- Positive Market Sentiment: Investors are optimistic about the IPO’s listing performance.
- Innovative Company: KRN Heat Exchanger’s focus on energy efficiency and sustainability makes it a standout in its industry.
- High Returns Potential: With a possible 123% return, this IPO could be one of the top performers of 2024.
Conclusion
The KRN Heat Exchanger IPO has quickly garnered attention with its high grey market premium and the potential for multibagger returns. If you’re an investor looking to capitalize on a booming market, this IPO could be a promising opportunity. Be sure to check your allotment status and stay informed as we approach the listing date.
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Disclaimer
The information provided in this article is for educational and informational purposes only. The stock market involves risks, and the performance of any stock is subject to market conditions and individual financial decisions. Readers should conduct their own research or consult with a financial advisor before making investment decisions. We are not responsible for any losses that may arise from decisions based on this content.