Shree Refrigerations Limited
ListedSMEManufacturing · 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
₹70
+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 12 days ago
Overall Subscription
187.32x
Total Demand
QIB Multiplier
167.32x
Institutions & Funds
NII / HNI
195.72x
High Net-Worth
Retail (RII)
195.13x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,782,000 | 298,158,000 | 167.32x |
| NIB | 1,338,000 | 261,876,000 | 195.72x |
| HNIs(10L +) | 892,000 | 191,084,000 | 214.22x |
| HNIs (2-10L) | 446,000 | 70,792,000 | 158.73x |
| RETAIL | 3,122,000 | 609,208,000 | 195.13x |
| Total | 7,580,000 | 1,431,118,000 | 187.32x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 297 | 18,469 | 62.19x |
| HNIs (3-10L) | 149 | 22,385 | 150.23x |
| RETAIL | 1,561 | 267,110 | 171.11x |
| Total Applications | 2,007 | 307,964 | 153.44x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Shree Refrigerations Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is Shree Refrigerations Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Shree Refrigerations Limited IPO is ₹70 per equity share. Based on the upper price band of ₹119 to ₹125 per equity share, the estimated listing price is ₹195 (+56.0% expected listing gain).
What is the expected profit per lot for Shree Refrigerations Limited IPO?
With a lot size of 1000 shares and current GMP of ₹70, the expected profit per application lot is approx ₹70,000 (+56.0% gain). Minimum application cost is approx ₹1,25,000.
What is the issue size and price band for Shree Refrigerations Limited IPO?
The Shree Refrigerations Limited IPO aggregate issue size is ₹117.33 Crores with an equity price band set at ₹119 to ₹125 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,25,000.
How can I check Shree Refrigerations Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 187.32x (Retail: 195.13x, QIB: 167.32x, NII: 195.72x). You can track live multiples directly on our dedicated subscription page.
Where and when will Shree Refrigerations Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-07-30. Investors can verify status using PAN card or application number.
When is the listing date for Shree Refrigerations Limited IPO?
Shree Refrigerations Limited shares are scheduled to list on BSE on 2025-08-01.