Shree Refrigerations IPO will open for subscription on July 25, 2025, and close on July 29, 2025. It is a Book Built Issue through which the company aims to raise approximately ₹117.33 crores, consisting of a fresh issue worth ₹94.51 crores and an offer for sale of up to 18,25,000 equity shares with a face value of ₹2 each.

The IPO price band is set between ₹119 and ₹125 per share. The quota allocation is 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs). Shree Refrigerations is expected to list on the BSE on August 1, 2025, with the allotment date scheduled for July 30, 2025.

The company reported a revenue of ₹99.10 crores in 2025, up from ₹81.19 crores in 2024. Net profit also increased to ₹13.55 crores in 2025 from ₹11.53 crores in 2024. Based on these financials, the IPO appears to be a good option for long-term investment.

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About Shree Refrigerations IPO

In today’s world, chillers, refrigeration, and air conditioning systems have become essential for daily life. Shree Refrigerations is one of the leading companies in this field, specializing in the manufacturing of chillers, refrigeration units, and air conditioning appliances.

These products are developed in alignment with the Heating, Ventilation, and Air Conditioning (HVAC) industry. The company offers a wide range of products including chillers, test equipment, marine HVAC & R systems, printing chillers, and more. In addition, Shree Refrigerations provides specialized fabrication services, offering custom-engineered solutions tailored for the engineering sector.

Chillers: These systems are widely used in the marine industry as well as across various other sectors. They deliver efficient and reliable cooling solutions, designed to meet the specific requirements of each application.

Objects of the Issue (JNK India IPO Objectives)

• Funding the Working Capital requirement
• General Corporate Purposes

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Shree Refrigerations IPO Company Financial Report

Shree Refrigerations IPO Company Financial Report