
Manufacturing · BSE
Shree Refrigerations Limited, established in 2006, specializes in manufacturing HVAC systems such as air and water-cooled condensing units, chillers, and spray dampening systems. The company caters to various industries, including automotive, marine, print media, chemical, pharmaceutical, and general engineering. Its product offerings include chillers, test equipment, marine HVAC systems, and printing chillers, along with customized fabrication services designed to meet client requirements and industry standards. The manufacturing facility in Karad, Maharashtra, is well-equipped with machinery and testing tools to ensure consistent product quality. The company also provides HVAC system installation, plant repairs, and fabrication services that cover design, material management, CNC programming, and painting. Additional offerings include cabin leakage testers, air flow measurement rigs, and a psychometric lab. As of May 31, 2025, the company employed 129 permanent staff and 165 contractual workers.
Price Band
₹119 – ₹125
Issue Size
₹117 Cr
Lot Size
1000 shares
GMP
+56.0%
Est. Listing
₹195
at current GMP
Subscribed
187.32x
overall
Open
25 Jul 2025
Close
29 Jul 2025
Allotment
30 Jul 2025
Refund
31 Jul 2025
Demat Credit
1 Aug 2025
Listing
1 Aug 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹125
Band: ₹119 – ₹125
Estimated Listing Price
₹195
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,25,000
Estimated Profit / Lot
₹70,000
1000 × ₹70
Grey Market Premium trend
+₹70
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹70 | 56.0% | ₹195 |
| 30 Oct 2026 | +₹70 | 56.0% | ₹195 |
| 29 Oct 2026 | +₹63 | 50.4% | ₹188 |
GMP is unofficial market data. Not a guarantee of listing performance.
Shree Refrigerations Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹117.33 Crores. The shares are offered at a price band of ₹119 to ₹125 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,25,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-08-01, while un-allotted funds or UPI block mandates will be released on 2025-07-31.
The latest grey market premium for Shree Refrigerations Limited IPO is ₹70, which indicates an expected listing price of ₹195.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.