KRN Heat Exchanger and Refrigeration Limited
WhiteOak Capital Mutual Fund increased its stake in KRN Heat Exchanger and Refrigeration Limited from 1.67% to 2.09%, purchasing 3,34,480 shares. This appears to be part of an allotment of 3.3 million shares to qualified institutional buyers at ₹1,060 apiece for a total of ₹349.99 crore.
A manufacturer of fin and tube-type heat exchangers serving the heating, ventilation, air conditioning, and refrigeration industries across India. The company specializes in designing and producing thermal management solutions for industrial cooling and climate control applications in commercial and industrial settings. KRN Heat Exchanger and Refrigeration operates as a vertically integrated producer focused on delivering engineered heat exchange equipment to diverse industrial and commercial sectors nationwide.
Founded by Prashant Khemka, former CIO of Goldman Sachs Asset Management India. Manages over Rs 20,000 crore with a concentrated bottom-up approach rooted in fundamental quality research. WhiteOak's edge is the proprietary SQGLP (Scalability, Quality, Growth, Longevity, Price) framework applied with global research standards to Indian equities.