58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

ICE Make Refrigeration Limited IPO (ICE Make Refrigeration IPO) Details

ICE Make Refrigeration Limited is an Electric Equipments based company, located in Ahmedabad, ICE Make Refrigeration Limited IPO size was 23.71 Cr. and was issued at 57.00 per share. The share of ICE Make Refrigeration Limited were listed at 68.40 per share and are currently trading at 1012.80 per share.

Type :
Sub Sector : Refrigeration Equipment Manufacturer
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
92.20 Cr.

PAT :
5.88 Cr.

Pricing Report

Issue Price :
57.00

Listing Price :
68.40

Current Market Price :
1012.80

Issue Price vs CMP :
955.8 (1,676.84%)

listing Price vs CMP :
944.4 (1,380.70%)

Performance Report (CAGR* wise)

CAGR : 47.78
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About ICE Make Refrigeration

Company Information
ICE Make Refrigeration is a refrigeration equipment manufacturer, engaged in providing cooling solutions. They provide cooling solutions for cooling systems and accessories used in industries such as dairy, ice-cream, food processing, agriculture, pharmaceuticals, cold chains, logistics, hospital, hospitality and retail, among others. They classify their business into the following 4 verticals: (i) Cold Room (ii) Commercial Refrigeration (iii) Industrial Refrigeration and (iv) Transport Refrigeration. They operate their business verticals under the brand of
Object of Issue
  • To finance the capital expenditure
  • Expenditure towards enhancement of brand through brand building activities
  • Investment in Bharat Refrigerations Private Limited (Wholly Owned Subsidiary
  • To meet the incremental working capital requirement
  • General Corporate Purposes

ICE Make Refrigeration SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Dec, 2017
IPO Size :
23.71 Cr.
PE Multiple :
15.00
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:
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FAQs

ICE Make Refrigeration operates in Electric Equipments and Refrigeration Equipment Manufacturer. The Issue is listed on NSE EMERGE in Dec, 2017. ICE Make Refrigeration IPO size was 23.71 Cr. with Issue price of 57.00 .

ICE Make Refrigeration IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

ICE Make Refrigeration IPO listed at a listing price of 68.40 against the offer price of 57.00.

The current market price of ICE Make Refrigeration is 1012.80.

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