KRN

March 25 (Reuters) - KRN Heat Exchanger and Refrigeration Ltd KRNH.NS:

• KRN HEAT EXCHANGER AND REFRIGERATION - KRN HVAC SECURES INDIAN RAILWAYS VENDOR APPROVAL

• KRN HEAT EXCHANGER AND REFRIGERATION- APPROVAL PERTAINS TO SUPPLY OF OIL COOLER RADIATORS

Source text: ID:nBSE5hqbtt

Further company coverage: KRNH.NS

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KRN Heat Exchanger and Refrigeration Ltd KRNH.NS:

• KRN HEAT EXCHANGER AND REFRIGERATION - HVAC PRODUCTS APPROVED AS VENDOR BY MINISTRY OF RAILWAYS

Source text: ID:nNSEps9Nr

Further company coverage: KRNH.NS

Nov 25 (Reuters) - KRN Heat Exchanger and Refrigeration Ltd KRNH.NS:

• KRN HEAT EXCHANGER AND REFRIGERATION- BUYS SHARES OF UNIT KRN HVAC PRODUCTS WORTH 2.36 BILLION RUPEES

Further company coverage: KRNH.NS

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** Shares of KRN Heat Exchanger and Refrigeration KRNH.NS rise 116.9% to 477.25 rupees in debut trade

** Stock opened at 480 rupees from IPO price of 220 rupees

** Air conditioning parts-maker's IPO was oversubscribed 214.42 times per exchange data; got bids worth 518.57 bln rupees ($6.18 bln)

** Co to benefit from quick turnaround times and strong relationships with clients, and consistent profit and rev growth re-inforces appeal - Shivani Nyati, head of wealth, Swastika Investmart

** She adds, even though the IPO's valuation seems reasonable, it is difficult to draw direct comparisons because no peers have been listed

** KRNH will use funds to set up new manufacturing facility in India's Rajasthan state, it said in its RHP

($1 = 83.9360 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

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