About KRN Heat Exchanger and Refrigeration Limited

 

The company is a prominent company specializing in designing and manufacturing heat exchangers and refrigeration systems. Established in 2017, the company has a strong foothold in the industry and is based in Bhiwadi, Alwar, Rajasthan. 

 

It is a leading manufacturer and exporter of high-quality heat exchanger components, including aluminum/copper fins and tubes. These components are essential for efficiently operating heating, ventilation, air conditioning, and refrigeration(HVAC&R) systems. With a focus on innovation and quality, KRN Heat Exchanger has established itself as a trusted supplier of OEMs(Original Equipment Manufacturers) worldwide, offering customized solutions that meet the diverse needs of the industry.  

 

KRN Heat Exchanger is proud to count renowned companies like Daikin India, Schneider Electric, Voltas, Carrier, Eberspaecher, Kirloskar, Blue Box, Knorr Bremse, and others among its valued customers. This strong customer base is a testament to the company’s reputation for quality, reliability, and exceptional service.  

 

The company was established by Mr. Santosh Kumar Yadav, Mrs. Anju Devi, and Mr. Manohar Lal, who served as the company’s founding members together. Their combined efforts and vision laid the groundwork for the company’s future growth and success.  

 

IPO Details:

 

Face Value: ₹10 per share
Price Band: ₹209 to ₹220 per share 

Lot Size: 65 shares 

Fresh Issue: 15,543,000 shares

Listing Date: October 03, 2024

 

About Unilex Colours and Chemicals Limited

 

Unilex Colours and Chemical Limited is part of the Unilex Group, founded in 2001 by Mr. Purushottam Sharma. The company sells its products under the' Unilex' brand to customers in India and other countries. 

 

The company produces pigments, trades chemicals, and makes food colors. Unilex Colours and Chemical is the most important company in the Unilex Group and is one of the top 10 manufacturers of phthalocyanine pigments in India. In recent years, the company, Unilex Colours and Chemical has been growing by entering new markets for food dyes.  

 

They offer a variety of pigment solutions for different industries. The company’s factory in Palghar, Maharashtra is 1275 sq. meters and has many machines, including a Ball Mill, Root Blower, Silo, Reaction Steel Vessel, Brick Lined Vessel, Rubber Lined Vessel, Drying Vessel, and many more. 

 

The Sharma family, including Purushottam Brijlal Sharma, Narendra Parameswarappa Kotehall, Aditya Sharma, Manojkumar Shyamsunder Sharma, Rohit Krishnakumar Sharma, and Kabir Radheshyam Sharma, are the driving force behind the company.

 

For the financial year 2024, the company’s revenue increased by 3%, and Profit After Tax(PAT) rose by 24%. 

 

IPO Details:

 

Face Value: ₹10 per share
Price Band: ₹82 to ₹87 per share 

Lot Size: 1600 shares 

Fresh Issue: 3,600,000 shares

Listing Date: October 03, 2024

About TechEra Engineering (India) Limited

TechEra Engineering Ltd is a company founded in 2018, that works in the aerospace, defense, and automation industries in India. They help India to develop new technology and keep the country safe. They mainly make high-quality parts and systems that meet the strict standards of the aerospace and defense industries. 

 

The company manufactures various tools and equipment for assembly, maintenance, and repair. They use modern technology, like 5-axis machining and 3D modeling, to make products that meet the needs of specific industries. 

 

TechEra Engineering is a leader in Aerospace tooling solutions, with over 3,000 tools manufactured, 600+ successful turnkey projects completed, and a dedicated team of 185+ professionals. The company strives to be a leader in precision manufacturing, they use their advanced facilities to make sure that every product is accurate and reliable. TechEra is committed to exceeding expectations and setting new standards in the industry. 

 

The company is a family-owned business with, Nimesh Rameshchandra Desai, Meet Nimesh Desai, and Kalpana Nimesh Desai as its promoters. 

 

For the financial year 2024, the company’s revenue increased by 47%, and Profit After Tax(PAT) rose by 270%.

IPO Details:

Face Value: ₹10 per share
Price Band: ₹75 to ₹82 per share 

Lot Size: 1600 shares 

Fresh Issue: 4,377,600 shares

Listing Date: October 03, 2024

About Thinking Hats Entertainment Solutions Limited

Thinking Hats Entertainment Solutions Ltd was founded in 2013. It is a leading company in event management, retail visual merchandising, and digital content creation. Their experienced team, strong industry connections, and reputation for excellence make them a trusted partner for businesses seeking high-quality services. They help create and produce live events, corporate events, MICE(meetings, incentives, conventions, & exhibitions), social events, virtual events, and content for streaming services. 

 

They also help companies create and develop new products and services. Thinking Hats makes exclusive content for streaming platforms like Netflix, Amazon, Sony Liv, Max Player, Disney+ Hotstar, Zee5, Voot, etc. 

 

The company has made two web series and also a Bengali movie for streaming platforms. In addition to movies and web series, they make short films for YouTube and corporate events. The company’s customers include Tata Group, Westside and Zudio, Goldman Sachs, McDonald's, and Uber, as well as media brands like The Times of India, HT Media, Network 18 Media & Investments, Radio Mirchi, and Fever Entertainment. 

 

Rajesh Bhardwaj, Gaurav Singhania, and Shruti Singhania are the founding members of the company and have been vital to its growth and success.   

 

For the financial year 2024, the company’s revenue increased by 20%, and Profit After Tax(PAT) rose by 54%.

 

IPO Details:

 

Face Value: ₹10 per share
Price Band: ₹42 to ₹44 per share 

Lot Size: 3000 shares 

Fresh Issue: 3,429,000 shares

Listing Date: October 03, 2024

 

Conclusion

 

With a diverse array of IPOs hitting the market — KRN, Unilex, TechEra, and Thinking Hats, investors have a unique opportunity to enter high-growth industries ranging from aerospace and chemicals to event production and engineering. These companies are launching cutting-edge products and rapidly expanding their market presence, making them attractive investment options. Stay ahead of the curve, explore their offerings, and consider adding these high-potential IPOs to your portfolio to maximize future growth and returns.  

 

Check out the IPOs Performance in 2024 So Far and know the process of IPO in India. Your willingness to invest must consider How to Apply for an IPO. Also, watch why you should invest in an IPO. 

Disclaimer: This blog is posted solely for educational purposes. The securities mentioned are examples and not recommendations. It is based on various secondary sources from the internet and is subject to change. Please consult an expert before making any related decisions.