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% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Shree Refrigerations IPO Market Lot
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 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.
Shree Refrigerations IPO Company Financial Report
The company reported revenue of ₹99.10 crores in 2025 against ₹81.19 crores in 2024. The company reported profit of ₹13.55 crores in 2025 against profit of ₹11.53 crores in 2024.
Amount ₹ 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 Valuation – FY2025
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 |
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
- Funding the Working Capital requirement
- General Corporate Purposes
Shree Refrigerations IPO Review
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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
IPO Lead Managers aka 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 FAQs
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Note: The Shree Refrigerations IPO price band and date are officially announced. The (Shree Refrigerations IPO grey market premium) will be added to the IPO GMP page as it will start).
