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KRN Heat Exchanger shares list at 118% premium to IPO price
short by Debaroti Adhikary / on Thursday, 3 October, 2024
KRN Heat Exchanger and Refrigeration shares made a bumper debut on stock markets on Thursday, doubling investors' money. The shares were listed at ₹480 on NSE, marking a premium of 118% over its IPO price of ₹220 per share. On BSE, the shares were listed with 114% premium at ₹470. The ₹342-crore IPO was subscribed over 213 times.
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