ICE Make Refrigeration Ltd IPO

ICE Make Refrigeration Ltd is an NSE SME IPO is priced at ₹57–₹55 per share with an issue size of 41,60,000 Equity Shares of Rs 10/- each at a price of Rs 55 - Rs 57 per share aggregating to 23.71 Cr. The IPO opens on N/A and closes on Nov 30, 2017, with a lot size of 2000 shares and a minimum investment of ₹1,10,000.

ICE Make Refrigeration Ltd IPO

NSE SME Listed
₹1,10,000 (2000 Shares)
Minimum Investment
IPO Dates
N/A – Nov 30, 2017
Price band
₹57 - 55 per equity share
Minimum Investment
₹1,10,000
Issue size
41,60,000 Equity Shares of Rs 10/- each at a price of Rs 55 - Rs 57 per share aggregating to 23.71 Cr
Lot size
2000
Allotment Date
Dec 6, 2017
Listing
Dec 8, 2017
Listing At
NSE SME

IPO timeline

  1. N/A

    Open Date

    Upcoming

  2. Nov 30, 2017

    Close Date

    Completed

  3. Dec 6, 2017

    Allotment Date

    Completed

  4. Dec 8, 2017

    Listing Date

    Completed

ICE Make Refrigeration Ltd IPO Essentials

ICE Make Refrigeration Ltd IPO Details

ICE Make Refrigeration Ltd IPO is priced at ₹57 - 55 per share with a total issue size of 41,60,000 Equity Shares of Rs 10/- each at a price of Rs 55 - Rs 57 per share aggregating to 23.71 Cr. The IPO has a lot size of 2000 shares and will be listed on NSE SME.

Issue price
Rs 55 - Rs 57 Per Equity Share 
Lot size
2000 shares
Face value
Rs 10 Per Equity Share 
Issue size
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
List price
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Vivro Financial Services Private Limited

ICE Make Refrigeration Ltd IPO Details

  • Retail Portion N/A

ICE Make Refrigeration Ltd IPO Analytics

ICE Make Refrigeration Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

ICE Make Refrigeration Ltd IPO Subscription Status

ICE Make Refrigeration Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 19,76,000 19,76,000 39,52,000
Day 1 28-11-17
 46,20,000 (2.34) x 9.95 x 6.22 x
Day 2 29-11-17
86,38,000 (4.37) x 49.04 x 26.70 x
Day 3 30-11-17
79,12,82,000 (400.44) x 149.48 x 274.96 x

ICE Make Refrigeration Ltd Valuations

Earnings

EPS (Post IPO)
Rs 3.25
P/E Ratio
17.55

Returns

RoNW
32.91%

Data sourced from DRHP / RHP • For educational purposes only

ICE Make Refrigeration Ltd Company & Offer Insights

ICE Make Refrigeration Ltd IPO Issue Objectives

 To finance the capital expenditure
Expenditure towards enhancement of brand through brand building activities
 Investment in Bharat Refrigerations Private Limited (Wholly Owned Subsidiary)
  To meet the incremental working capital requirement
  General Corporate Purposes

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

ICE Make Refrigeration Ltd IPO is a book-built IPO worth ₹41,60,000 Equity Shares of Rs 10/- each at a price of Rs 55 - Rs 57 per share aggregating to 23.71 Cr. The price band is ₹57–₹55 per share. The IPO opens on N/A and closes on Nov 30, 2017. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.

The price band of ICE Make Refrigeration Ltd IPO is ₹57 to ₹55 per share.

The lot size of ICE Make Refrigeration Ltd IPO is 2000 shares.

The minimum investment for ICE Make Refrigeration Ltd IPO is approximately ₹1,10,000 based on the upper price band .

ICE Make Refrigeration Ltd IPO opens on N/A and closes on Nov 30, 2017.

The allotment date of ICE Make Refrigeration Ltd IPO is Dec 6, 2017.

ICE Make Refrigeration Ltd IPO is expected to be listed on Dec 8, 2017, on NSE SME Platform.

No recorded Grey Market Premium (GMP) quote is currently available for ICE Make Refrigeration Ltd IPO. GMP is unofficial and does not forecast or guarantee the actual listing price.

ICE Make Refrigeration Ltd IPO valuation snapshot: P/E 17.55, EPS Rs 3.25, P/B N/A, RoNW 32.91%, and market cap N/A.

To apply for ICE Make Refrigeration Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of ICE Make Refrigeration Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for ICE Make Refrigeration Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check ICE Make Refrigeration Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the ICE Make Refrigeration Ltd IPO allotment status on IPO Ji for quick and easy access.