Summary
KRN Heat Exchanger's IPO debut saw shares soar 118.2%, listing at Rs 480 with a 200x subscription. The funds will support a new manufacturing facility in Rajasthan. With FY24 revenue up 25% to Rs 308 crore and net profit rising 22% to Rs 39 crore, KRN showcases strong growth in the HVAC&R sector. #finance #ipo #investment #stockmarket #india #trending