KRN Heat Exchanger and Refrigeration Ltd IPO

Initial public issue of up to 1,93,05,000 equity shares of face value of Rs. 10/- each (Equity Shares) of the company for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share), aggregating upto Rs. [*] crores (The Issue). The issue will constitute [*] % of the post issue paid up equity share capital of the company. The company, in consultation with the brlm, may consider a pre-ipo placement of up to 4,77,990 equity shares for cash consideration aggregating up to Rs. [*] crores, at its discretion, with the roc pre-ipo placement). If the pre-ipo placement is completed, the issue size will be reduced to the extent of such pre-ipo placement, subject to the issue complying with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended (scrr). The price band and the minimum bid lot will be decided by the company.