KRN HEAT EXCHANGER Shares

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• KRN Heat Exchanger and Refrigeration Limited specializes in producing fin and tube-type Heat Exchangers tailored for the HVAC&R sector. These Heat Exchangers are crafted from non-ferrous metals, with a predominant use of Copper and Aluminium in their manufacturing.
  
• The company's array of products encompasses condenser coils, evaporator units, evaporator coils, header/copper components, fluid and steam coils, along with sheet metal parts.
  
• It produces heat exchangers in diverse shapes and sizes, catering to customer specifications and market demands. The heat exchanger tube diameters it manufactures vary between 5mm and 15.88mm.
  
• The Company has established a wholly-owned subsidiary, named KRN HVAC Products Pvt. Ltd. with the primary objective to enhance the value-added offerings within its existing portfolio. KRN HVAC Products Private Limited will specifically concentrate on the production of certain types of heat exchangers that are not currently part of the Company's manufacturing repertoire in order to broaden the Company's product range and strengthen its market presence.
  
• The company boasts an extensive customer base, spanning across different regions in India and around the globe. Renowned clients such as Daikin Airconditioning India Private Limited, Schneider Electric IT Business India Private Limited, Kirloskar Chillers Private Limited, Blue Star Limited, Climaventa Climate Technologies Private Limited, Frigel Intelligent Cooling Systems India Private Limited, and others, serve as testimonials to our dedication in providing high-quality products and exceptional services.
  
• The company maintains a committed quality management team comprising 41 employees, which includes 25 contractual staff. In FY23, it catered to a total of 112 customers, with the top 10 customers contributing 75.94% of the revenue from operations. Furthermore, the company distributed its products across 17 states in India and conducted exports to 9 different countries.
  
• Originally the company was incorporated as "KRN HEAT Heat Exchanger and Refrigeration Pvt. Ltd." on August 25, 2017, then, the company transitioned from a private limited company to a public limited company on March 17, 2023. This conversion led to a name change to "KRN Heat Exchanger and Refrigeration Ltd.". The Registrar of Companies, Jaipur, Rajasthan, issued a fresh certificate of incorporation reflecting this change on April 3, 2023.