Shree Refrigerations Limited – IPO
Shree Refrigerations Limited – IPO Details
| IPO Date | July 25, 2025 to July 29, 2025 |
| Listing Date | August 1, 2025 |
| Face Value | ₹ 2 / Share |
| Price Band | ₹ 119 to ₹ 125 / Share |
| Lot Size | 1000 Shares |
| Total Issue Size | 93,86,000 shares (Aggregating up to ₹117.33 Cr) |
| Fresh Issue | 70,91,000 shares (Aggregating up to ₹88.64 Cr) |
| Offer for Sale | 18,25,000 shares of ₹2 (Aggregating up to ₹22.81 Cr) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,80,69,409 shares |
| Share holding post issue | 3,56,30,409 shares |
| Market Maker portion |
Shree Refrigerations Limited Timeline (Tentative Schedule)
Shree Refrigerations Limited IPO opens on July 25, 2025, and closes on July 29, 2025.
| IPO Open Date | July 25, 2025 |
| IPO Close Date | July 29, 2025 |
| Basis of Allotment | July 30, 2025 |
| Initiation of Refunds | July 31, 2025 |
| Credit of Shares to Demat | July 31, 2025 |
| Listing Date | August 1, 2025 |
| Cut-off time for UPI mandate confirmation | July 29, 2025 |
Shree Refrigerations Limited IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. The following table depicts the minimum and maximum investment by individual investors (retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | Rs.250,000 |
| Retail (Max) | 2 | 2,000 | Rs.250,000 |
| S-HNI (Min) | 3 | 3,000 | Rs.375,000 |
| S-HNI (Max) | 8 | 8,000 | Rs.1,000,000 |
| B-HNI (Min) | 9 | 9,000 | Rs.1,125,000 |
| HNI (Min) |
Shree Refrigerations Limited IPO Promoter Holding
| Share Holding Pre Issue | 56.6% |
| Share Holding Post Issue | 44.59% |
Shree Refrigerations Limited IPO Reservation
Shree Refrigeration's IPO offers a total of 93,860,000 shares. Out of which 4,455,000 (47.46%) were allocated to QIB, 1,782,000 (18.99%) were allocated to QIB, 1,339,000 (14.27%) were allocated to NII, 3,122,000 (33.26%) were allocated to RII, and 2,673,000 (28.48%) were allocated to anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 4,70,000 5.01% |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 44,55,000 47.46% |
|
| NII (HNI) Shares Offered | 13,39,000 14.25% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 31,22,000 33.26% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 93,86,000 100% |
Shree Refrigerations Limited IPO Anchor Investors Details
Shree Refrigerations IPO raises ₹33.41 crore from anchor investors. Shree Refrigerations IPO anchor bid date is July 24, 2025.
| Bid Date | 2025-07-24 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | 33.41 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 29, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 28, 2025 |
About Shree Refrigerations Limited
Shree Refrigerations Limited was founded in 2006 and manufactures HVAC systems, such as chillers, spray dampening systems, and air- and water-cooled condensing units. The business provides services to a number of industries, including general engineering, automotive, marine, print media, chemical, and pharmaceutical. In order to satisfy customer demands and engineering industry standards, the company provides a variety of products, such as printing chillers, marine HVAC systems, test equipment, and chillers, in addition to specialized fabrication services. To guarantee that products fulfill pre-established quality standards, the company's manufacturing facility in Karad, Maharashtra, is furnished with the required machinery, testing, and handling tools. The business works with customers to create engineered components that satisfy quality standards and provides chillers, test equipment, marine HVAC systems, and printing chillers in addition to customized fabrication services.
Services:
Chiller: HVAC System Installation, Plant and Equipment Repairs, Certifications, and Recognition
Fabrication: Design and Order, Material Control, CNC Production and Programming, Painting Procedure
Additional Goods and Services: Psychometric Lab, Air Flow Measurement Rig, and Cabin Leakage Tester.
The company employed 165 contract workers and 129 permanent staff as of May 31, 2025.
Strengths of the competition:
Personalization of goods
ISO-certified organization and quality standards
Technology and Cooperation
Numerous products
Excellent Management and Strong Leadership
Key Performance Indicator
The market capitalization of Shree Refrigerations IPO is ₹445.38 Cr.
| KPI | Values |
|---|---|
| ROE | 15.44% |
| ROCE | 23.22% |
| Debt/Equity | 0.37 |
| RoNW | 15.44% |
| P/BV | 4.98 |
| PAT Margin (%) | 13.72% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.25 | |
| P/E (x) | 23.81 |
Note:
- The pre-IPO EPS is calculated based on pre-issue shareholding as of the date of the RHP and the latest FY earnings as of March 31, 2025, that are available in the RHP.
- The post-issue EPS is calculated based on the post-issue shareholding and annualized FY earnings of March 31, 2025, that are available in the RHP.
Objects of the Issue (Shree Refrigerations Limited IPO Objectives)
Shree Refrigerations Limited Contact Details
Shree Refrigerations Ltd. Plot. No. 131/1+2, Opp. MSEB Stores, Virwade Road, Ogalewadi, Karad, Maharashtra, 415105 Phone: 02164-272015 Email: [email protected] Website: http://www.shreeref.com/ |
Shree Refrigerations Limited IPO Registrar
MUFG Intime India Private Limited (Link Intime) Phone: +91-22-4918 6270 Email: [email protected] Website: https://linkintime.co.in/Initial_Offer/public-issues.html |