KRN Heat Exchangers IPO Allotment Chances: Detailed Breakdown

The KRN Heat Exchangers IPO has generated massive interest among investors, leading to a significant oversubscription. This article breaks down the allotment chances for various categories of investors, providing insights into the demand across retail, non-institutional, and qualified institutional buyers (QIBs).

Retail Allotment Chances

The retail investor category saw a strong response, with allotment chances being highly competitive.

• Retail Investors: 1 out of 67 applicants
  The overwhelming demand in the retail segment has resulted in only 1 out of 67 applicants likely to receive allotment in the KRN Heat Exchangers IPO.

SHNI Allotment Chances

In the Small High Net-worth Individual (SHNI) category, the competition for allotment was even more intense.

• SHNI Investors: 1 out of 369 applicants
  SHNIs faced steep odds, with just 1 out of 369 applicants expected to secure an allotment.

BHNI Allotment Chances

The Big High Net-worth Individual (BHNI) segment also witnessed high demand, though the chances of allotment were slightly better compared to the SHNI category.

• BHNI Investors: 1 out of 82 applicants
  The odds of receiving an allotment in this category stand at 1 out of 82 applicants.

QIB Demand

The Qualified Institutional Buyers (QIBs) category saw exceptionally strong demand, with a massive oversubscription.

• QIBs Subscription: 253x
  QIBs pumped in ₹17,298 crore against the allotted amount, resulting in a 253 times oversubscription.

Total Demand vs Issue Size

The overall demand for the KRN Heat Exchangers IPO was immense, with a total of ₹51,139 crore being invested against the modest issue size of ₹342 crore.

The KRN Heat Exchangers IPO has seen an overwhelming response across all categories of investors. With such high oversubscription, the chances of securing an allotment are low, especially for retail and SHNI investors.

This massive demand highlights the strong market interest in KRN Heat Exchangers, making it one of the most sought-after IPOs in recent times.

Tags: KRN Heat Exchangers IPO, IPO Allotment Chances, Retail Investor Allotment, SHNI Allotment, BHNI Allotment, QIB Oversubscription, Stock Market, KRN Heat Exchangers Demand