# KRN Heat Exchanger to build new manufacturing facility in Neemrana, Rajasthan

KRN Heat Exchanger and Refrigeration Ltd is launching an IPO to raise funds for a new manufacturing facility in Neemrana, Alwar, Rajasthan, to be built by its subsidiary KRN HVAC Products.

- Type: New facility
- Announced: 2024-09-17
- Where: Neemrana, Alwar, Rajasthan, India
- Status: announced
- Products: fin and tube-type heat exchangers
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [KRN Heat Exchanger and Refrigeration Ltd](https://endata.com/companies/79853.md)
- [KRN HVAC Products](https://endata.com/companies/79854.md) (partner)

## Sources

- [topnews.in](https://topnews.in/krn-heat-exchanger-refrigeration-ipo-opens-25-september-ipo-watch-2415079), 2024-09-17: "Proceeds will be used to develop a new manufacturing facility in Rajasthan and bolster its wholly-owned subsidiary, KRN HVAC Products."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.