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KRN Heat Exchanger And Refrigeration

KRN Heat Exchanger And Refrigeration

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Highlights

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Profit & Loss ( Figures in Rs. Crores.)

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Balance Sheet ( Figures in Rs. Crores.)

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Cash Flows ( Figures in Rs. Crores.)

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Historical Growths

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Major Shareholders

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Shareholders more than 1%

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Documents

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Overview

KRN Heat Exchanger and Refrigeration Limited 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, 2017issued by Central Registration Centre, Manesar. Thereafter, the company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of its Shareholders held on March 17, 2023, and consequently, the name of the 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 the Company.

KRN Heat Exchanger and Refrigeration manufactures fin and tube type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration Industry (HVAC&R). Heat exchanger manufactured by it is made of non-ferrous metals primarily Copper and Aluminium. The company’s product range includes condenser coils, evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts. It manufactures heat exchangers of various shapes and sizes as per the requirements of the customers and/or demand in the market. Its products are well suited for wide range of air conditioning, heating and ventilation, refrigeration, and process cooling applications.

To enhance the longevity and corrosion resistance of heat exchangers and their components, various types of coatings such as nano coating, and powder coating are applied to the surfaces of copper tubes, brazing joints, and fin sheets. By applying these advanced coatings to heat exchangers and their components, its products ensure that the heat exchanger operates efficiently over an extended period, reducing maintenance costs and enhancing overall performance. The protective barrier provided by these coatings ensures that the heat exchanger withstands harsh conditions and maintains its optimal functionality.

Business area of the company

The company is engaged in the business of manufacturing of heat exchangers and coils for Commercial Air conditioning and Packaged Air conditioning units which are primarily installed in places like data cooling centres, process cooling equipment, railways/metros, and other commercial air conditioning units.

Products of the company

  • Residential AC
  • Cassette type HVAC
  • Fan Coil Unit FCU
  • Commercial HVAC
  • Data Centre Cooling
  • Precision Air Conditioning
  • Railway/Metro HVAC
  • Automotive HVAC
  • Defence Air Conditioning
  • Commercial Refrigeration
  • Water Coolers
  • Chest Freezers
  • Beverage Coolers
  • Vending Machines
  • Cloth Dryer/Washing M/c
  • Dry air cooler
  • Swimming pool heat pump
  • Medical Equipment

Awards, accreditations or recognition

  • 2018: ISO 9001:2015 Certification. 
  • 2020: IS 11329:2018 Certification (BIS)
  • 2020: Pandemic Response Excellence Award (By: Schneider Electric).
  • 2021: BS EN ISO 13134 Certification.
  • 2021: UL-207 Certification (Underwriters Laboratories -USA).
  • 2022: CE certification (EU directives). 
  • 2022: Participation and Continuous support award (By: Schneider Electric). 
  • 2023: ISO 9001, 14001 and ISO 45001. 
  • 2023: Certification Quality Excellence Award (By: Werner Finley). 
  • 2023: Certificate of Appreciation (By: Werner Finley). 
  • 2023: Dare to Disrupt (Innovation & Tech) (By: -Carrier Air Conditioning and Refrigeration Ltd)
  • 2023: Certificate of Appreciation (By: Carrier Air Conditioning and Refrigeration Ltd).
  • 2024: Certificate of Appreciation (By: Daikin)
  • 2024: Best Supplier Heat Exchanger Award (By: Daikin)

History and milestones

  • 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
  • 2022: New lines added featuring a 5/8” diameter tube, specifically designed to cater Air Handling Unit (AHU) and industrial application business.
  • 2022: Acquired CE certification, to meet rigorous safety regulations for the European market
  • 2022: Established  its  internal  Brazing  school,  a  dedicated  initiative  to  enhance  the  skills  of  its brazing staff Appointed a dedicated sales representative in Europe.
  • 2023: Conversion of the company from a private limited company to a public limited company and change of name of the Company from ‘KRN Heat Exchanger and Refrigeration Private Limited’ to ‘KRN Heat Exchanger and Refrigeration Limited’.

Brands Of KRN Heat Exchanger And Refrigeration

Brands Of KRN Heat Exchanger And Refrigeration

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