Tue Oct 01 03:55:50 UTC 2024: ## KRN Heat Exchanger IPO Allotment Announced, Grey Market Bullish

**Mumbai, India** – The allotment of shares for the KRN Heat Exchanger Limited Initial Public Offering (IPO) has been announced, enabling investors to check their application status online. The grey market, a measure of unofficial trading, has reacted positively, predicting a strong debut for the company.

The grey market premium (GMP) for KRN Heat Exchanger is currently at ₹275 per share, indicating a potential return of 123% against the IPO’s upper price band of ₹220 per share. This strong sentiment suggests a potential multibagger return for investors.

Investors can check their IPO allotment status through the Bombay Stock Exchange (BSE) website at bseindia.com or the official registrar, Bigshare Services Private Limited, at bigshareonline.com.

**Here’s how to check your allotment status:**

**BSE:**

1. Visit bseindia.com/investors/appli_check.aspx
2. Select “Equity” as the issue type.
3. Enter your Application Number or PAN Number.
4. Verify you are not a robot.
5. Click “Search”.

**Bigshare Services:**

1. Visit ipo.bigshareonline.com/ipo_status.html.
2. Select “KRN Heat Exchanger Limited” from the company list.
3. Choose either Application No or CAF Number/Beneficiary ID/PAN Number.
4. Click “Submit”.

The company is expected to list on the stock exchange on October 3, 2024.

This IPO has generated considerable interest in the market, with the strong grey market premium reflecting investor confidence in KRN Heat Exchanger’s future prospects.

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