Wed. Oct 16th, 2024

KRN Heat Exchanger IPO Allotment: How to Check Status & Latest GMP Update

krn heat exchnager
Risen founded in 2002, has evolved from a manufacturer of lamp to a leading professional solar PV manufacturer providing world first class quality in its high performing solar lamp, cell, and PV modules. Risen successfully launched IPO in Shenzhen Stock Exchange Market in 2010, Stock code: 300118. In 2011, Risen start to operate internationally by opening office in Germany and Hong Kong to deliver best value to customers. At the end of 2011, Risen reached capacity to 600MW, with totally 3200 workers in 4 wholly owned manufacturing plants in Ninghai city, east of China. (Source: risenenergy.com)

The KRN Heat Exchanger IPO allotment is expected to be announced today, September 30, 2024. Investors are eagerly awaiting the allotment status after the end of the IPO subscription. As per the ‘T+3’ rule, the shares will likely be listed on the stock exchanges by October 3, 2024, given the holiday on October 2 for Mahatma Gandhi Jayanti.


KRN Heat Exchanger IPO GMP (Grey Market Premium) Update 💹

The grey market is currently indicating a GMP of ₹275 per share, suggesting a potential 125% listing gain over the upper price band of ₹220 per share. This makes the IPO highly anticipated, especially among the lucky allottees who may see multibagger returns.

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How to Check KRN Heat Exchanger IPO Allotment Status Online 📱

You can check your IPO allotment status using either the BSE website or the Bigshare Services website, which is the official registrar for this IPO.

Option 1: Check Allotment on BSE Website

  1. Visit the BSE allotment status page: bseindia.com/investors/appli_check.aspx
  2. Select ‘Equity’ under the issue type.
  3. Choose KRN Heat Exchanger Limited from the drop-down menu.
  4. Enter either your Application Number or PAN.
  5. Verify using the CAPTCHA and click on Search.
  6. Your allotment status will be displayed.

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Option 2: Check Allotment on Bigshare Services Website

  1. Go to the Bigshare allotment status page: bigshareonline.com/ipo_status.html
  2. Select KRN Heat Exchanger Limited in the company name field.
  3. Choose to enter your Application No, CAF No/Beneficiary ID, or PAN.
  4. Complete the CAPTCHA and click Submit.
  5. Your allotment status will appear on the screen.

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With such strong GMP predictions and market interest, the KRN Heat Exchanger IPO is set to make waves in the stock market. Stay tuned for updates on the listing!

KRNHeatExchangerIPO #IPOAllotment #StockMarket

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