On the last day, the Shree Refrigerations IPO subscribed 187.55 times overall, while the retail quota subscribed 195.05 times, the QIB subscribed 167.32 times, and the NII quota subscribed 197.01 times, respectively.
Shree Refrigerations IPO Details
Shree Refrigerations got approval from SEBI for the IPO of ₹117.33 crores, which is an entirely fresh issue of ₹94.51 crores and an offer for sale up to 18,25,000 equity shares with a face value of ₹2 each share. It has a set price band of ₹119 to ₹125 Per Share.
Shree Refrigerations Funds Utilisations
- Funding the Working Capital requirement
- General Corporate Purposes.
Shree Refrigerations Shares Distributions
Moreover, the retail category had 2,000 shares in a 2-lot size with a minimum application and a maximum.
- S-HNI Minimum got 3,000 shares in 3 lot sizes.
- S-HNI Maximum got 8,000 shares in 8 lot sizes.
- B-HNI Minimum got 9,000 shares in 9 lot sizes.
To participate in this IPO, each investor group has a tailored investment range
- Retail Minimum Application:- ₹2,50,000.
- Retail Maximum Application:-₹2,50,000.
- S-HNI Minimum:-₹3,75,000.
- S-HNI Maximum:-₹10,00,000.
- B-HNI Minimum:-11,25,000.
Shree Refrigerations Subscription Duration
Started on July 25, 2025, and closed on July 29, 2025. The allotment was on July 30, 2025, and non-allottees got a refund on July 31, 2025. Shree Refrigerations’ IPO listing is on August 1, 2025.
About Shree Refrigerations IPO
Today, chillers, refrigeration, and air conditioning systems have become essential in everyday life. One of the top companies in this field is Shree Refrigerations, known for its expertise in manufacturing high-quality chillers, refrigeration units, 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 Financial Background
The company reported revenue of ₹99.10 crores in 2025 against ₹81.19 crores in 2024. The company reported a profit of ₹13.55 crores in 2025 against a profit of ₹11.53 crores in 2024.
