| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹117.33 Cr |
| Reserved for Market Maker | ₹5.89 Cr |
| Net Issue Size | ₹117.33 Cr |
| Fresh Issue | ₹88.63 Cr |
| Offer for Sale | ₹22.81 Cr |
| Face Value | โน2 Per Equity Share |
| Price Band | โน119.00-125.00 per share |
| BSE Code | 544458 |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares ยท Multiples of 1,000 shares
Incorporated in 2006, Shree Refrigerations Limited is engaged in the manufacturing of HVAC systems, including air and water-cooled condensing units, chillers, and spray dampening systems.
The company serves various sectors, such as automotive, marine, print media, chemical, pharmaceutical, and general engineering.
The company offers a range of products, including chillers, test equipment, marine HVAC systems, and printing chillers, along with customized fabrication services to meet engineering industry standards and client needs.
The company's manufacturing facility in Karad, Maharashtra, is equipped with the necessary machinery, testing, and handling equipment to ensure products meet pre-determined quality standards.
The company offers chillers, test equipment, marine HVAC systems, and printing chillers, along with customized fabrication services, collaborating with clients to develop engineered components that meet quality standards.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding the Working Capital requirement | 70.00 |
| 2 | General Corporate Purposes | 10.00 |
| 3 | Issue Expense | 14.51 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 185.60 | 124.11 | 94.32 |
| Total Income | 99.10 | 81.19 | 50.90 |
| Profit After Tax | 13.55 | 11.53 | 2.57 |
| EBITDA | 26.94 | 24.38 | 11.90 |
| NET Worth | 114.74 | 60.72 | 45.22 |
| Reserves and Surplus | 109.13 | 55.82 | 21.25 |
| Total Borrowing | 39.73 | 36.80 | 32.07 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 15.44% |
| ROCE | 23.22% |
| Debt / Equity | 0.37% |
| RoNW | 15.44% |
| PAT Margin | 13.72% |
| EBITDA Margin | 27.29% |
| Price to Book Value | 4.98 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.25 | |
| P/E (x) | 23.81 | |
| Promoter Holding | 56.6% | 44.59% |
| Market Cap | โน445.38 Cr. | |