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Shree Refrigerations IPO
185.49xsubscribed

Shree Refrigerations IPO

listed
₹2.38LMin. investment

Shree Refrigerations Limited IPO Details

Price range₹119 – ₹125
IPO type
SME
Lot size1000 shares
Issue size₹117Cr
Red Herring Prospectus
Read

Shree Refrigerations IPO Subscription Status

Date
QIB
NII
Retail
Total
25-Jul-25
0.0 times (X)
0.0 times (X)
0.0 times (X)
0.0 times (X)
28-Jul-25
2.25X
11.89X
34.85X
20.62X
29-Jul-25
167.32X
190.27X
193.82X
185.49X

As on 25-Jul-25, 5:30 PM

Shree Refrigerations IPO Timeline

  1. Pre-apply
    24 Jul 2025
  2. Bid start
    25 Jul 2025
  3. Bid end
    29 Jul 2025
  4. Allotment
    30 Jul 2025
  5. Release of funds
    31 Jul 2025
  6. Demat transfer
    31 Jul 2025
  7. Listing
    1 Aug 2025

About Shree Refrigerations Limited

Incorporated in 2006, the company is engaged in manufacturing chillers, HVAC and refrigeration systems, catering to the marine, automotive, pharma, chemical, print media, and general engineering sectors. Its operations are heavily defence-oriented, with approximately 77% of FY25 revenue from government clients. Marine industry chillers contributed 83.86% of FY25 revenue. The company has an order book of ₹231.41 Cr as of May 25, 2025, with additional bids worth ₹124.50 Cr under process. It also offers fabrication services and other engineering solutions, with a manufacturing facility in Karad, Maharashtra.

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Objectives of Shree Refrigerations Limited IPO

Working Capital Requirements
The company will use ₹70.00 Cr to meet its working capital requirements.
General Corporate Purposes
The company will allocate up to 15% of gross proceeds for general corporate purposes.

Shree Refrigerations IPO Contact Details

Company NameShree Refrigerations Limited

How to apply for Shree Refrigerations IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Shree Refrigerations Limited IPO FAQs