KRN Heat Exchanger IPO Allotment: The Moment You’ve Been Waiting For!

Hey, IPO hunters! It’s time to check if the stock gods have smiled on you! The KRN Heat Exchanger IPO allotment is getting finalized TODAY, September 30, 2024! Here’s everything you need to know to see if you’re in for a treat or…well, better luck next time!

Quick Recap

• Price Band: ₹209-220 per share
• Lot Size: 65 shares (go big or go home, right?)
• Total Issue: ₹341.95 crore (yes, big bucks!)
• Subscription Hype:
• QIBs: 253.04x
• NIIs: 431.63x (yep, madness)
• Retail Investors: 98.29x (us mere mortals)

This IPO got a massive 214.42x overall subscription! Talk about some serious FOMO!

Grey Market Premium (GMP) Buzz

Hold tight! The current GMP is a solid ₹275 per share, signaling a sweet listing pop of around 125%. (Yep, that’s the sound of potential profits!)

When’s the Big Day?

Mark your calendars, folks! Thursday, October 3, 2024 is when KRN Heat Exchanger will hit the BSE and NSE. It’s showtime!

Check If You’ve Hit the Jackpot

Ready to see if you’ve bagged those shares? Here’s how to check your status:

Option 1: BSE Website

1. Head over to the BSE Allotment Page.
2. Pick Equity under “Issue Type.”
3. Select KRN Heat Exchanger and Refrigeration Ltd under “Issue Name.”
4. Enter your Application Number and PAN ID (no typos, please!).
5. Hit the “I’m not a robot” box, and BOOM — hit submit.

Option 2: Bigshare Services Portal

1. Go to Bigshare IPO Status.
2. Select KRN Heat Exchanger from the dropdown.
3. Pick how you want to search: Application No., Beneficiary ID, or PAN ID.
4. Solve the Captcha (you’re smarter than a robot, right?).
5. Hit Search and cross your fingers!

Good luck, IPO champs! Here’s hoping your portfolio gets a little heavier this week. Let the gains begin!