Monitoring Agency Report on utilisation of IPO Proceeds
Monitoring Agency Report for quarter ended June 30, 2026, confirms full utilization of IPO proceeds by KRN Heat Exchanger and Refrigeration Limited. Rs 34.19 crore gross proceeds raised; Rs 23.58 crore invested in subsidiary for new manufacturing facility at Neemrana. Remaining proceeds used for general corporate purposes and issue expenses. No deviations or delays reported. Final report by Crisil Ratings Limited as monitoring agency.
Source: Original filing PDF
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Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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The summary above is generated automatically from KRN Heat Exchanger and Refrigeration Limited's own
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