31 Mar 2023
Assets94.32
Total Income50.90
EBITDA11.90
Profit After Tax2.57
NET Worth45.22
Reserves and Surplus21.25
Total Borrowing32.07
At a glance
Updated 2026-08-24The shares listed at ₹169.85, a 35.88% move from the issue price. Shree Refrigerations is a SME IPO with an issue size of ₹117.33 crore, proposed for listing on BSE SME. The offer opens on 25th Jul 2025 and closes on 29th Jul 2025. The issue structure includes a fresh issue of ₹88.63 crore and an offer-for-sale component of ₹22.81 crore. The current listing schedule points to 1st Aug 2025.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹117.33 Cr
Fresh issue₹88.63 Cr
Offer for sale₹22.81 Cr
Face value₹2
Price band₹119.00–₹125.00
Allotment30th Jul 2025
Listing1st Aug 2025
Listing performance
Full performance ↗Issue price₹125.00
Listing price₹169.85
Current price—
Listing gain35.88%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹70.00
GMP / upper price56.00%
Est. listing₹195.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens25th Jul 2025
Closes29th Jul 2025
Allotment30th Jul 2025
Refund31st Jul 2025
Demat31st Jul 2025
Listing1st Aug 2025
Subscription demand
Full bidding ↗Total187.55×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹250,000 |
Company
Incorporated2006
Use of proceeds
| Object | Amount |
|---|---|
| Funding the working capital requirements of the Company | ₹70.00 Cr |
| General Corporate Purposes | ₹10.00 Cr |
| Issue Expenses | ₹17.93 Cr |
| Total | ₹97.93 Cr |
Financials
Full financials ↗31 Mar 2024
Assets124.11
Total Income81.19
EBITDA24.38
Profit After Tax11.53
NET Worth60.72
Reserves and Surplus55.82
Total Borrowing36.80
31 Mar 2025
Assets185.60
Total Income99.10
EBITDA26.94
Profit After Tax13.55
NET Worth114.74
Reserves and Surplus109.13
Total Borrowing39.73
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 15.44% |
| ROCE | 23.22% |
| Debt / Equity | 0.37% |
| RoNW | 15.44% |
| PAT Margin | 13.72% |
| EBITDA Margin | 27.29% |
| Price to Book Value | 4.98 |
Valuation & shareholding
Pre-IPO EPS5.25
Pre-IPO P/E23.81
Promoter holding pre56.6%
Promoter holding post44.59%
Market cap₹445.38 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Funding the working capital requirements of the Company | ₹70.00 Cr |
| General Corporate Purposes | ₹10.00 Cr |
| Issue Expenses | ₹17.93 Cr |
| Total | ₹97.93 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Narnolia Financial Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.