Shree Refrigerations Limited IPO – Snapshot
Shree Refrigerations Limited is coming out with its IPO to raise Rs. 117.33 crore through the book-building route . The issue comprises a fresh issue of 75.61 lakh equity shares worth Rs. 94.51 crore and an offer for sale (OFS) of 18.25 lakh shares aggregating to Rs. 22.81 crore .
The IPO opens for subscription on July 25, 2025 , and closes on July 29, 2025 . The basis of allotment is expected on July 30, 2025 , and the stock is proposed to be listed on the BSE SME platform on August 1, 2025 .
The price band is fixed at Rs. 119 to Rs. 125 per share , with a lot size of 1,000 shares . Retail investors must apply for a minimum of 2 lots (2,000 shares) , requiring an investment of Rs. 2,38,000 , while HNIs need to apply for at least 3 lots (3,000 shares) amounting to Rs. 3,75,000 .
Narnolia Financial Services Ltd is the book-running lead manager , MUFG Intime India Private Limited is the registrar , and Mansi Share & Stock Broking Pvt. Ltd. is acting as the market maker for this IPO.
Table of Contents
Who are the promoters of the company?
What is the business of the company?
What is the IPO Objective?
IPO Details
How the shares are offered & how one can apply?
IPO Timetable, allotment & listing dates
Financial Performance & Ratio Analysis
How the IPO compares with the Peers?
To the point IPO Guidance
Subscription Status
Size Rs. 111.44 Crore LM: Narnolia Financial
QIB
NII x
RII x
Total x
Applications
167.32
197.01
195.05
187.55
310087
Subscription Review: Reasonably good subscriptions on the last day
Shree Refrigerations Limited – Precision Cooling Solutions for Industrial Needs
Incorporated in 2006 , Shree Refrigerations Limited is a specialized manufacturer of HVAC (Heating, Ventilation, and Air Conditioning) systems. The company’s product portfolio includes air and water-cooled condensing units, industrial chillers, and spray dampening systems , designed to cater to a wide range of industrial applications.