KRN Heat Exchanger IPO Allotment Status Online

The KRN Heat Exchanger IPO allotment status will be available on September 30, 2024, as per the timeline provided in the red-herring prospectus.

Below are the steps to check KRN Heat Exchanger IPO allotment status online:

• Visit the KRN Heat Exchanger IPO allotment status page.
• Click on the green KRN Heat Exchanger IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the KRN Heat Exchanger IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of KRN Heat Exchanger IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The KRN Heat Exchanger IPO grey market premium gives some hint but the actual listing price is difficult to guess.

KRN Heat Exchanger IPO allotment status is expected on September 30, 2024. Click the green button KRN Heat Exchanger IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If KRN Heat Exchanger IPO oversubscribed in the retail category, the KRN Heat Exchanger IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The KRN Heat Exchanger IPO shares will get listed on Thursday, October 3, 2024. The equity share of KRN Heat Exchanger and Refrigeration Limited will list on BSE, NSE.

The reason you didn't get the KRN Heat Exchanger IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).