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    KRN HEAT EXCHANGER AND REFRIGERATION LTD.

    04 May 2026 | 03:59

    Industry >> Copper/Copper Alloys Products

    Select Another Company

    ISIN No INE0Q3J01015 BSE Code / NSE Code 544263 / KRN Book Value (Rs.) 88.66 Face Value 10.00
    Bookclosure 52Week High 1405 EPS 8.51 P/E 143.77
    Market Cap. 7601.13 Cr. 52Week Low 590 P/BV / Div Yield (%) 13.79 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    Our Company was incorporated in Bhiwadi, Alwar as "KRN HEAT EXCHANGER AND REFRIGERATION PRIVATE LIMITED, a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated August 25, 2017 issued by Central Registration Centre, Manesar. Thereafter, our Company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of our Shareholders held on March 17, 2023, and consequently, the name of our Company was changed to "KRN Heat Exchanger and Refrigeration Limited" by deletion of the word `Private'. A fresh certificate of incorporation consequent upon conversion from private company to public company dated April 03, 2023, was issued by the Registrar of Companies, Jaipur, Rajasthan to our Company bearing Corporate Identification Number "U29309RJ2017PLC058905".

    MAJOR EVENTS AND MILESTONES:
    2017
    -Incorporation of our Company as a Private Limited company 
    -Company has established its Plant in October 2017

    2018
    -Manufacturing started from June 2018 by installation of machinery

    2019
    -Company started to export its products

    2020
    -Company expanded its plant area to 7,800 Sq. Mt. by acquiring plot no. 46 and 47
    -Company established Helium Leak testing machine, NCT Punching for sheet metal parts
    -Company established a dedicated facility equipped with EOT cranes to manufacture larger heat exchangers

    2021
    -New lines added featuring 5mm tube diameter

    2022
    -New lines added 25X21.65 mm in 9.52mm, 30.00 X26.0 mm in 12.7mm
    -New lines added featuring a 5/8" diameter tube, specifically designed to cater Air Handling Unit (AHU) and industrial application business
    -Acquired CE certification, to meet rigorous safety regulations for the European market
    -Established our internal Brazing school, a dedicated initiative to enhance the skills of our brazing staff
    -Appointed a dedicated sales representative in Europe.

    2023
    -Conversion of our Company from a private limited company to a public limited company and change of name of our Company from "KRN Heat Exchanger and Refrigeration Private Limited" to "KRN Heat Exchanger and Refrigeration Limited".

    2025

    -The Company has informed that Commencement of commercial production of Bus AC Division by its wholly owned Subsidiary

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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