KRN Heat Exchanger IPO subscribed over 30 times on Day 2 so far. GMP up 113%. Check details

September 26, 2024

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.

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