Shree Refrigerations IPO
Shree Refrigerations is a BSE SME IPO listed on the BSE SME platform, priced at ₹119–₹125 per share. The stock debuted at ₹169.85, delivering a listing gain of 35.9%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹2,50,000.
Shree Refrigerations Limited IPO
- IPO Dates
- Jul 25, 2025 – Jul 29, 2025
- Price band
- ₹119-125 per equity share
- Minimum Investment
- ₹2,50,000
- Issue size
- ₹117.33 Cr
- Lot size
- 1000
- Allotment Date
- Jul 30, 2025
- Listing
- Aug 1, 2025
- Listing At
- BSE SME
IPO timeline
-
Jul 25, 2025
Open Date
Completed
-
Jul 29, 2025
Close Date
Completed
-
Jul 30, 2025
Allotment Date
Completed
-
Aug 1, 2025
Listing Date
Completed
Shree Refrigerations IPO Essentials
Shree Refrigerations IPO Details
Shree Refrigerations IPO is priced at ₹119-125 per share with a total issue size of 117.33 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.
- Issue price
- ₹119-125 per equity share
- Lot size
- 1000 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- 93,86,000 shares(aggregating up to ₹117.33 Cr)
- Total issue size
- 93,86,000 shares
(aggregating up to ₹117.33 crore) - Fresh issue
- 70,91,000 shares
(aggregating up to ₹88.64 crore) - Offer for sale (OFS)
- 18,25,000 shares
(aggregating up to ₹22.81 crore) - Listing at
- BSE SME
- List price
- 169.85
- Listing date
- Registrar
- MUFG Intime India Private Limited (Link Intime)
- Lead manager
-
Narnolia Financial Services Ltd
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2000 | ₹2,50,000 |
| Individual(max) | 2 | 2000 | ₹2,50,000 |
| NII (min) | 3 | 3,000 | ₹3,75,000 |
Shree Refrigerations IPO Reservation
Shree Refrigerations IPO reservation details show category-wise allocation of shares. Out of the total 32,64,000 shares, approximately 18.97% are reserved for QIB, 14.26% for NII, 33.28% for retail investors, 5.05% for market maker, and 28.43% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (28.43%) | |
| Market Maker Shares Offered | NA (5.05%) | |
| QIB Shares Offered | NA (18.97%) | |
| NII (HNI) Shares Offered | 4,65,600 (14.26%) | |
| Individual Shares Offered | 10,86,400 (33.28%) | |
| Total Shares Offered | 32,64,000 (100%) |
Shree Refrigerations IPO Analytics
Shree Refrigerations IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Shree Refrigerations IPO Subscription Status
Shree Refrigerations 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 | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 17,82,000 / 13,38,000 | 31,22,000 | 62,42,000 |
|
Day 1
25-07-25 06:00 PM
|
(0.00 / 1.43) x | 3.60 x | 2.11 x |
|
Day 2
28-07-25 06:00 PM
|
(2.25 / 11.88) x | 34.85 x | 20.62 x |
|
Day 3
29-07-25 06:00 PM
|
(167.32 / 197.01) x | 195.05 x | 187.55 x |
Shree Refrigerations Valuations
Earnings
- EPS Pre IPO
- ₹5.25/-
- P/E Pre IPO
- 23.81
Returns
- ROE
- 15.44%
- ROCE
- 23.22%
- RoNW
- 15.44%
- PAT Margin
- 13.72%
Fundamentals
- Debt / Equity
- 0.37
- Price / Book
- 4.98
Shree Refrigerations Financials( In Crs.)
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 185.60 | 124.11 | 94.32 |
| Revenue | 99.10 | 81.19 | 50.90 |
| Profit After Tax | 13.55 | 12.33 | 2.57 |
| Net Worth | 114.74 | 61.52 | 45.22 |
| Reserves & Surplus | 109.13 | 56.62 | 21.25 |
| Total Borrowing | 39.73 | 36.80 | 32.07 |
Shree Refrigerations Company & Offer Insights
About Shree Refrigerations
Founded in 2006, Shree Refrigerations Limited specializes in the production of HVAC units, ranging from air and water-cooled condensing units, chillers, to spray dampening systems.
Shree Refrigerations Limited caters to numerous industries, including automotive, marine, print media, chemical, pharmaceutical, and general engineering.The company provides chillers, test equipment, marine HVAC units, and printing chillers, as well as custom fabrication facilities according to engineering industry standards and customer requirements.
The manufacturing unit of the company in Karad, Maharashtra, is well-furnished with machinery, testing, and handling equipment to provide products as per pre-determined quality standards.The company deals in chillers, test equipment, marine HVAC systems, and printing chillers, along with specialized fabrication services, working together with clients to design engineered components meeting quality requirements.
Services:
Chiller: Installation of HVAC System ,Repairs of Plants and Equipcertifications & Recognition
Fabrication: Order and Design, Material Management, CNC Programming and Production, Painting Process
Other Products and Services: Cabin Leakage Tester, Air Flow Measurement Rig, Psychometric Lab.
The company had 129 permanent and 165 contractual employees as of May 31, 2025.
Shree Refrigerations Promoter(s)
Mr. Ravalnath Gopinath Shende, Mrs. Rajashri Ravalnath Shende, Mrs. Devashree Vishwesh Nampurkar are the company's promoters of Shree Refrigerations.
Shree Refrigerations IPO Issue Objectives
- •
- Funding the Working Capital requirement
- •
- General Corporate Purposes
Contact Information
Contact Details
Shree Refrigerations
02164-272015
Plot. No. 131/1+2, Opp. MSEB Stores, Virwade Road, Ogalewadi, Karad, Maharashtra, 415105
Registrar Contact Details
MUFG Intime India Private Limited (Link Intime)
+91-22-4918 6270
Frequently Asked Questions
Click any question to reveal the answer
Shree Refrigerations IPO is a book-built IPO worth ₹117.33 crore. The price band is ₹119–₹125 per share. The IPO opens on Jul 25, 2025 and closes on Jul 29, 2025. It will be listed on BSE SME Platform. MUFG Intime India Private Limited (Link Intime) is the registrar.
The price band of Shree Refrigerations IPO is ₹119 to ₹125 per share.
The lot size of Shree Refrigerations IPO is 1000 shares.
The minimum investment for Shree Refrigerations IPO is approximately ₹2,50,000 based on the upper price band .
Shree Refrigerations IPO opens on Jul 25, 2025 and closes on Jul 29, 2025.
The allotment date of Shree Refrigerations IPO is Jul 30, 2025.
Shree Refrigerations IPO is expected to be listed on Aug 1, 2025, on BSE SME Platform.
Shree Refrigerations IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B 4.98, RoNW 15.44%, and market cap N/A.
To apply for Shree Refrigerations 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 Shree Refrigerations 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 Shree Refrigerations IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Shree Refrigerations IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shree Refrigerations IPO allotment status on IPO Ji for quick and easy access.