Shree Refrigerations Ltd

Shree Refrigerations Limited was originally incorporated as a Private Company dated April 24, 2006, with the name Shree Refrigerations Private Limited'. Subsequently, Company status was converted into a Public Limited and the name was changed from 'Shree Refrigerations Private Limited' to 'Shree Refrigerations Limited'. A fresh Certificate of Incorporation was issued to Company dated December 5, 2023, by the Registrar of Companies, Pune, Maharashtra. Company is engaged in the business of manufacturing Chillers, refrigeration and air conditioning appliances and other parts of Heating, Ventilation, Air Conditioning (HVAC) Industry, offering array of advanced systems and equipment to industries majorly in domestic market. These collection of products serves multiple industries including Automotive, Marine, Print Media, Chemical, Pharma and General engineering sectors. Apart from this, Company is actively involved in manufacturing of marine chillers, having approved supplier registrations from various professional directorates of Indian Navy (Directorate of Electrical Engineering and backed by Directorate of Quality Assurance - Warship Projects). The manufacturing facility is located at Karad, in Satara District of Maharashtra. In the automotive industry, these products help to maintaining optimal temperature control in various systems. In marine sector, they ensure crew comfort and operational efficiency on ships and marines and support maintaining the electronic warfare systems to be at optimal operating temperature. Their systems play a vital role in maintaining environmental conditions in print media, chemical, and pharmaceutical industries, where temperature regulation is crucial for product quality, safety. The Company launched the IPO by raising Rs 117.32 Crore and issuing the aggregate of 93,86,000 equity shares of face value Rs 2 each, comprising a fresh issue of 75,61,000 equity shares aggregating to Rs 94.51 Cr and offer for sale Rs 22.81 Cr by issuing 18,25,000 equity shares in July 2025.