KRN Heat Exchanger to launch IPO on September 25

KRN Heat Exchanger and Refrigeration Ltd, headquartered in Rajasthan, will launch its IPO from September 25 to 27. Proceeds will fund a new manufacturing facility in Neemrana. Anchor investor bidding starts on September 24 for one day. The company specializes in fin and tube-type heat exchangers and has partnerships with major industry players.