Shree Refrigerations IPO Allotment Status

Shree Refrigerations Limited is engaged in the manufacturing of HVAC systems, including air and water-cooled condensing units, chillers, and spray dampening systems. Incorporated in 2006, the company serves various sectors such as automotive, marine, print media, chemical, pharmaceutical, and general engineering with its manufacturing facility in Karad, Maharashtra. The company offers a range of products including chillers, test equipment, marine HVAC systems, and printing chillers, along with customized fabrication services to meet engineering industry standards and client needs, having 129 permanent employees and 165 contractual employees as of May 31, 2025.

The Shree Refrigerations IPO came with a total issue size of ₹117.33 crore, comprising a fresh issue of 75.61 lakh shares aggregating to ₹94.51 crore and offer for sale of 18.25 lakh shares aggregating to ₹22.81 crore. The IPO opened on July 25, 2025, and closed on July 29, 2025. The allotment for the Shree Refrigerations IPO is expected to be finalized on Wednesday, July 30, 2025. The Shree Refrigerations share price band was set at ₹125 per share

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Steps to Check Shree Refrigerations IPO Allotment Status on Registrar Site

• Visit the MUFG Intime India Private Limited (Link Intime) website
• Select "Shree Refrigerations" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Shree Refrigerations IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Shree Refrigerations" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Shree Refrigerations IPO Subscription Status

Shree Refrigerations IPO received extraordinary investor interest, being subscribed 187.55 times overall. The subscription showed overwhelming confidence across all categories in the Shree Refrigerations stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:45 PM on July 29, 2025:

• Retail Category: 195.05 times
• Non-Institutional Investors (NII): 197.01 times
• QIB Category: 167.32 times
• bNII (bids above ₹10L): 214.75 times
• sNII (bids below ₹10L): 158.70 times

Shree Refrigerations Share Price and Investment Details

The Shree Refrigerations stock price band was set at ₹125 per share with a minimum lot size of 1,000 shares. The minimum investment required for retail investors is ₹2,50,000 for 2 lots (2,000 shares), while sNII investors needed to invest a minimum of ₹3,75,000 for 3 lots (3,000 shares) and bNII investors needed ₹11,25,000 for 9 lots (9,000 shares).

The issue includes a reservation of up to 4,71,000 shares for market maker offered by Mansi Share & Stock Broking Private Limited and up to 26,73,000 shares allocated to anchor investors. Given the exceptional subscription response of 187.55 times overall, with retail category being massively oversubscribed at 195.05 times, QIB at 167.32 times, and NII showing tremendous response at 197.01 times, the Shree Refrigerations share price is expected to list with significant premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Funding the Working Capital requirement: ₹70.00 crore
• General Corporate Purposes: Remaining amount

Business Overview

The company operates in HVAC systems manufacturing having been in this business since 2006, serving as manufacturer of air and water-cooled condensing units, chillers, and spray dampening systems with comprehensive product portfolio across various industrial sectors.

Shree Refrigerations operates primarily in the engineering sector, providing customized fabrication services through specialized tailor-made solutions, chillers, test equipment, marine HVAC systems, and printing chillers with manufacturing facility equipped with necessary machinery, testing, and handling equipment in Karad, Maharashtra, focusing on automotive, marine, print media, chemical, pharmaceutical, and general engineering markets with strong presence among niche refrigeration and air-conditioning service providers and strategic positioning in defense sector servicing including war ships, submarines, and other critical areas through long-term contracts with Government of India.