
The KRN Heat Exchanger IPO has seen remarkable demand, being oversubscribed by 213.41 times overall. Specifically, the non-institutional investor (NII) portion was oversubscribed by 430.54 times, while the qualified institutional buyer (QIB) segment saw 253.04 times oversubscription, and the retail individual investor (RII) segment reached 96.74 times.
https://ipostatus.kfintech.com/
The grey market premium (GMP) for KRN Heat Exchanger shares indicates strong listing expectations, with a current GMP of ₹270-276, which suggests the shares might list at around ₹490-496 per share, over double the issue price. The IPO price range was set between ₹209 and ₹220.
Once the allotment process is completed today, you can check the status online through the stock exchanges (BSE and NSE).