ICE Make Refrigeration Ltd Profile

ICE MAKE REFRIGERATION LTD. Founded in 1989, has been successfully satisfying the needs of their customers since inception. It has a humble beginning trying to fulfill the requirements of refrigeration equipment’s, from its production to after-sales service. The vision to become a known leader in India of refrigeration equipment’s in terms of quality, price and service were clear. The Three-tier policy of the company also embedded customer satisfaction with respect to product range and service network. The company recruited capable, qualified and dedicated human resource irrespective of the cost factor. ICE MAKE Refrigeration objective is customer satisfaction and not Profit Margin. ICE Make Refrigeration Ltd usually do not advertise our product to save on the publicity cost. Due to our service-quality, business ethics and fulfillment of a commitment to our customers, we earn the goodwill of those who use company’s products. Their word-of-mouth publicity has helped us not only to acquire new references but also to capture a significant market share in the industry.

ICE Make Refrigeration Ltd’s Key Strengths

• Service to the customer
• Excellence in quality
• Building trust
• Exponential growth
• Manufacturers of wide range of refrigeration equipment’s
• Providing customized solutions with a focus on after sales service
• Well established manufacturing facilities
• Strong marketing and distribution network
• Catering to clients from diverse sectors and industries

ICE Make Refrigeration Ltd Promoters:

The Promoters of the Company are:

Chandrakant P Patel, Rajendra P Patel, Vipul I Patel

ICE Make Refrigeration Ltd IPO details

Symbol:

Issue Size: Initial Public offer of up to 4,160,000 Equity Shares

Face Value:  Rs. 10

Price Range: Rs 55 – Rs 57 Per Equity Share

Issue Type: Book Built Issue IPO

Minimum Order Quantity: 2000 equity shares

Issue Period : Nov 28, 2017 – Nov 30, 2017

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Registrar: Link Intime India Pvt Ltd

Listing At: NSE SME

ICE Make Refrigeration Ltd Financials:

	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018
Total revenue	40.5	39.3	50.6	71.8	87.9	23.0
Total expenses	39.3	38.0	49.2	67.8	80.1	20.8
Profit after tax	0.8	0.9	0.9	2.6	5.1	1.5

 

ICE Make Refrigeration Ltd Allotment Status:

ICE Make Refrigeration Ltd Allotment Date:  December 6, 2017

ICE Make Refrigeration Ltd IPO Listing Date: December 8, 2017

You can check your allotment status using your PAN number.

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