{"id":12018,"date":"2025-07-24T18:37:14","date_gmt":"2025-07-24T13:07:14","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=12018"},"modified":"2025-11-19T14:59:44","modified_gmt":"2025-11-19T09:29:44","slug":"shree-refrigerations-ltd-ipo-opens","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/shree-refrigerations-ltd-ipo-opens\/","title":{"rendered":"Shree Refrigerations Ltd. IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]As July 2025 progresses, the SME IPO segment continues to present significant opportunities for companies looking to secure capital for growth. The cooling and climate control sector in India is experiencing strong demand, driven by increasing urbanisation and a growing need for efficient HVAC and refrigeration solutions across various industries. Against this backdrop, Shree Refrigerations Ltd. is set to launch its Initial Public Offering<\/a> on July 25, 2025, marking a crucial step to tap into public investment and fuel its expansion plans.<\/span><\/p>\n

This article provides a comprehensive overview of the Shree Refrigerations IPO details, offering key insights for potential participants.<\/span><\/p>\n

<\/span>About Shree Refrigerations Ltd.<\/b><\/span><\/h2>\n

Founded in 2006, Shree Refrigerations Ltd. designs, manufactures, and installs high-performance chillers, HVAC systems, and refrigeration components. Serving industries such as automotive, marine, pharmaceuticals, and defense, the company contributes to India’s ‘Atmanirbhar Bharat’ initiative by providing cost-effective alternatives to global competitors.<\/span><\/p>\n

Its product range includes air and water-cooled condensing units, marine and industrial chillers, HVAC systems, and spray dampening systems. Operating from a modern facility in Karad, Maharashtra, Shree Refrigerations adheres to ISO 9001:2015 standards and holds Indian Navy approvals. As of May 2025, the company employs 129 permanent and 165 contractual staff.<\/span><\/p>\n

<\/span>Shree Refrigerations Ltd. IPO Details<\/b><\/span><\/h2>\n

The <\/span>Shree Refrigerations IPO<\/span><\/a> is a book-building issue aimed at raising \u20b9117.33 crore. This offering consists of a fresh issue of 75.61 lakh shares, aggregating \u20b994.51 crore, and an Offer for Sale (OFS) of 18.25 lakh shares, totaling \u20b922.81 crore. The Shree Refrigerations IPO price band has been fixed between \u20b9119 and \u20b9125 per equity share.<\/span><\/p>\n

<\/span>Important IPO Timeline<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n
Event<\/b><\/td>\nDate<\/b><\/td>\n<\/tr>\n
IPO Open Date<\/b><\/td>\nFriday, July 25, 2025<\/span><\/td>\n<\/tr>\n
IPO Close Date<\/b><\/td>\nTuesday, July 29, 2025<\/span><\/td>\n<\/tr>\n
Cut-off Time for UPI Mandate Confirmation<\/b><\/td>\n5 PM on July 29, 2025<\/span><\/td>\n<\/tr>\n
Tentative Allotment Date<\/b><\/td>\nWednesday, July 30, 2025<\/span><\/td>\n<\/tr>\n
Initiation of Refunds<\/b><\/td>\nThursday, July 31, 2025<\/span><\/td>\n<\/tr>\n
Credit of Shares to Demat<\/b><\/td>\nThursday, July 31, 2025<\/span><\/td>\n<\/tr>\n
Tentative Listing Date<\/b><\/td>\nFriday, August 1, 2025<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Key IPO Details<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Particulars<\/b><\/td>\nDetails<\/b><\/td>\n<\/tr>\n
IPO Date<\/b><\/td>\nJuly 25, 2025 to July 29, 2025<\/span><\/td>\n<\/tr>\n
Listing Date<\/b><\/td>\n[To be updated post confirmation]<\/span><\/td>\n<\/tr>\n
Face Value<\/b><\/td>\n\u20b92 per share<\/span><\/td>\n<\/tr>\n
Issue Price Band<\/b><\/td>\n\u20b9119 to \u20b9125 per share<\/span><\/td>\n<\/tr>\n
Lot Size<\/b><\/td>\n1,000 Shares<\/span><\/td>\n<\/tr>\n
Sale Type<\/b><\/td>\nFresh Capital-cum-Offer for Sale<\/span><\/td>\n<\/tr>\n
Total Issue Size<\/b><\/td>\n93,86,000 shares (\u20b9117.33 Cr)<\/span><\/td>\n<\/tr>\n
Reserved for Market Maker<\/b><\/td>\n4,70,000 shares (\u20b95.88 Cr)<\/span><\/td>\n<\/tr>\n
Fresh Issue (Excl. Mkt Maker)<\/b><\/td>\n70,91,000 shares (\u20b988.64 Cr)<\/span><\/td>\n<\/tr>\n
Offer for Sale<\/b><\/td>\n18,25,000 shares (\u20b922.81 Cr)<\/span><\/td>\n<\/tr>\n
Net Offered to Public<\/b><\/td>\n89,16,000 shares (\u20b9111.45 Cr)<\/span><\/td>\n<\/tr>\n
Issue Type<\/b><\/td>\nBookbuilding IPO<\/span><\/td>\n<\/tr>\n
Listing At<\/b><\/td>\nBSE SME<\/span><\/td>\n<\/tr>\n
Shareholding (Pre-Issue)<\/b><\/td>\n2,80,69,409 shares<\/span><\/td>\n<\/tr>\n
Shareholding (Post-Issue)<\/b><\/td>\n3,56,30,409 shares<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"\"<\/a><\/h2>\n

<\/span>Lot Size of Shree Refrigerations Ltd. IPO<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n
Investor Category<\/b><\/td>\nApplication<\/b><\/td>\nLots<\/b><\/td>\nShares<\/b><\/td>\nAmount<\/b><\/td>\n<\/tr>\n
Individual Investors (Retail) (Min)<\/b><\/td>\nMinimum<\/span><\/td>\n2<\/span><\/td>\n2,000<\/span><\/td>\n\u20b92,50,000<\/span><\/td>\n<\/tr>\n
Individual Investors (Retail) (Max)<\/b><\/td>\nMaximum<\/span><\/td>\n2<\/span><\/td>\n2,000<\/span><\/td>\n\u20b92,50,000<\/span><\/td>\n<\/tr>\n
S-HNI (Min)<\/b><\/td>\nMinimum<\/span><\/td>\n3<\/span><\/td>\n3,000<\/span><\/td>\n\u20b93,75,000<\/span><\/td>\n<\/tr>\n
S-HNI (Max)<\/b><\/td>\nMaximum<\/span><\/td>\n8<\/span><\/td>\n8,000<\/span><\/td>\n\u20b910,00,000<\/span><\/td>\n<\/tr>\n
B-HNI (Min)<\/b><\/td>\nMinimum<\/span><\/td>\n9<\/span><\/td>\n9,000<\/span><\/td>\n\u20b911,25,000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Shree Refrigerations Ltd. Financials<\/b><\/span><\/h2>\n

Shree Refrigerations Ltd. has demonstrated consistent financial growth. The company’s revenue from operations saw a robust increase of 22.06%, rising from \u20b981.19 crore in FY24 to \u20b999.10 crore in FY25. Concurrently, the Profit After Tax (PAT) experienced a significant climb of 17.48%, moving from \u20b911.53 crore in FY24 to \u20b913.55 crore in FY25.<\/span><\/p>\n

Key Performance Indicators (as of Mar 31, 2025)<\/b><\/p>\n