KRN Heat Exchanger IPO GMP: The company proposes to use the net proceeds from the IPO for investment in wholly-owned subsidiary KRN HVAC Products for setting up a new manufacturing facility at Neemrana, Alwar, in Rajasthan. The remaining amount will be used for other general corporate purposes.
Investors seek clarity, would be happier if PB Fintech remains less capital intensive: Manas Agrawal, Bernstein
I think investor communication on that front would be helpful in cooling off speculation. And I think the stock has now stabilised. But the last