Shree Refrigerations IPO Date, Review, Price, Details
Shree Refrigerations Limited is set to launch its Initial Public Offering (IPO), opening on July 25, 2025, and closing on July 29, 2025. This Book Built Issue aims to raise approximately ₹117.33 crores, which includes a fresh issue worth ₹94.51 crores and an Offer for Sale (OFS) of up to 18,25,000 equity shares with a face value of ₹2 per share.
The price band for the IPO has been fixed between ₹119 and ₹125 per share. The issue is allocated as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs).
The allotment of shares is expected to be finalized on July 30, 2025, and the listing is scheduled for August 1, 2025, on the BSE.
From a financial standpoint, the company posted a revenue of ₹99.10 crores in FY 2025, up from ₹81.19 crores in FY 2024. Net profit also showed an upward trend, rising to ₹13.55 crores in FY 2025 from ₹11.53 crores in FY 2024.
Shree Refrigerations IPO Market Lot Size
The Shree Refrigerations IPO minimum market lot is 2,000 shares with ₹2,50,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 2 | 2,000 | ₹2,50,000 |
Retail Maximum | 2 | 2,000 | ₹2,50,000 |
S-HNI Minimum | 3 | 3,000 | ₹3,75,000 |
S-HNI Maximum | 8 | 8,000 | ₹10,00,000 |
B-HNI Minimum | 9 | 9,000 | ₹11,25,000 |
Shree Refrigerations IPO Details
IPO Open Date: | July 25, 2025 |
IPO Close Date: | July 29, 2025 |
Face Value: | ₹2 Per Equity Share |
IPO Price Band: | ₹119 to ₹125 Per Share |
Issue Size: | Approx ₹117.33 Crores |
Fresh Issue: | Approx ₹94.51 Crores |
Offer for Sale: | Approx 18,25,000 Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | BSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Shree Refrigerations IPO Valuation – FY2025 (KPI)
Check Shree Refrigerations IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 14.97% |
ROCE: | 22.47% |
EBITDA Margin: | 27.29% |
PAT Margin: | 13.89% |
Debt to equity ratio: | 0.36 |
Earning Per Share (EPS): | ₹5.25 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 15.44% |
Net Asset Value (NAV): | ₹40.88 |
Shree Refrigerations IPO Company Financial Report
In FY 2025, the company achieved a revenue of ₹99.10 crores, marking an increase from ₹81.19 crores in FY 2024. Net profit also improved, rising to ₹13.55 crores from ₹11.53 crores in the previous year.
(All figures are in ₹ crores)
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2023 | ₹50.90 | ₹46.65 | ₹2.57 | ₹94.32 |
2024 | ₹81.19 | ₹64.28 | ₹11.53 | ₹124.11 |
2025 | ₹99.10 | ₹80.57 | ₹13.55 | ₹185.60 |
Shree Refrigerations IPO Dates
The Shree Refrigerations IPO date is July 25 and the close date is July 29. The Shree Refrigerations IPO allotment will be finalized on July 30 and the IPO listing on August 1.
IPO Open Date: | July 25, 2025 |
IPO Close Date: | July 29, 2025 |
Basis of Allotment: | July 30, 2025 |
Refunds: | July 31, 2025 |
Credit to Demat Account: | July 31, 2025 |
IPO Listing Date: | August 1, 2025 |
Promoters of Shree Refrigerations IPO
The promoters of the company are Mr. Ravalnath Gopinath Shende, Mrs. Rajashri Ravalnath Shende, and Mrs. Devashree Vishwesh Nampurkar.
About Shree Refrigerations IPO
Nowadays, Chillers, refrigeration, and air conditioning appliances are essential things for people, so here is meaningful information about one of the leading companies, Shree Refrigerations, which specializes in the manufacturing of chillers, refrigeration, and air conditioning appliances.
Moreover, all these products have been manufactured along with the Heating, Ventilation, and Air Conditioning (HVAC) Industry. Not only that, but the company also provides various products range such as chillers, test equipment, marine HVAC & R systems, and printing chillers, among others. The company also provides special fabrication services, creating custom-made solutions for the engineering industry.
Chillers: These products are especially used in the marine sector and other various industries. Moreover, they provide efficient cooling solutions that meet the specific needs of each application.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Johnson ControlsHitachi Air Conditioning India Limited | 21.60 | 81.33 | 9.60% | 235.73 | 58.83 Cr. |
Objects of the Issue
To meet the company’s working capital needs for smooth day-to-day operations
Allocation of funds for general corporate activities, including strategic and operational initiatives
Merchant Bankers
- Narnolia Financial Services Ltd
Company Address
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 IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Check Grey market premium at below
(GMP)