IPO

ICE Make Refrigeration Ltd IPO

NSE SME

Offer Date: N/A - Nov 30, 2017

₹ 220000 /4000 Shares
*Min Investment

Invalid date

Open Date

30 Nov, 2017

Close Date

06 Dec, 2017

Allotment Date

08 Dec, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 55 - Rs 57 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 41,60,000 Equity Shares of Rs 10/- each at a price of Rs 55 - Rs 57 per share aggregating to 23.71 Cr
  • Listing at NSE SME
  • Lead Manager Vivro Financial Services Private Limited
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


ICE Make Refrigeration Ltd IPO is an SME IPO, priced at Rs 55 - Rs 57 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from N/A to Nov 30, 2017. The allotment is expected to be finalized on Dec 6, 2017, and the tentative listing date is Dec 8, 2017.


The registrar of the IPO is Link Intime India Private Ltd, and

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IPO Subscription Analysis And Details
Retail
29.00x
Total
1.00x
As on QIB / NII Retail Total
Shares Offered / Reserved 19,76,000 19,76,000 39,52,000
Day 1 28-11-17
2.34 x 9.95 x 6.22 x
Day 2 29-11-17
4.37 x 49.04 x 26.70 x
Day 3 30-11-17
400.44 x 149.48 x 274.96 x
Valuations
Earnings Per Share (EPS) Rs 3.25
P/E Ratio 17.55
RoNW 32.91%
Net Asset Value (NAV) Rs 14.66
IPO - Issue Objectives
1

 To finance the capital expenditure

2

Expenditure towards enhancement of brand through brand building activities

3

 Investment in Bharat Refrigerations Private Limited (Wholly Owned Subsidiary)

4

  To meet the incremental working capital requirement

5

  General Corporate Purposes