ICE Make Refrigeration Limited IPO

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ICE Make Refrigeration Ltd is Ahmedabad, Gujrat based manufacturer of refrigeration equipment under the brand of ‘Ice Make’. Company 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.
ICE Make classifies its business into the following 4 verticals:
1. Cold Room
2. Commercial Refrigeration
3. Industrial Refrigeration and
4. Transport Refrigeration.
Company’s top 5 products are Cold Room, Commercial Freezer, Chiller, Refrigerated Vehicle and Ice Cream Hardener.
The manufacturing facilities of our Company are located at Dantali, Gujarat and the manufacturing facilities of our Wholly Owned Subsidiary are located at Chennai, Tamil Nadu.
Key strengths
1. Manufacturers of wide range of refrigeration equipments
2. Providing customized solutions with a focus on after sales service
3. Well established manufacturing facilities
4. Strong marketing and distribution network
5. Catering to clients from diverse sectors and industries

ICE Make Refrigeration Limited IPO Stock Quote & Charts



  • Open: 56.00
  • High - Low: 56.95 - 55.20
  • Previous Close: 56.90
  • Total Traded Volume: 20000
  • Updated On: 24-Dec-2019

Objects of the ICE Make Refrigeration Limited IPO:

1. To finance the capital expenditure 2. Expenditure towards the enhancement of brand through brand building activities 3. Investment in Bharat Refrigerations Private Limited (Wholly Owned Subsidiary) 4. To meet the incremental working capital requirement;5. General Corporate Purposes.

ICE Make Refrigeration Limited IPO Details:

Open Date: Nov 28 2017
Close Date: Nov 30 2017
Total Shares: 4,160,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 23.71 Cr.
Lot Size: 2000 Shares
Issue Price: ₹ 55-57 Per Equity Share
Listing At: NSE Emerge
Listing Date: Dec 08 2017

Promoters And Management:

1. Mr. Chandrakant P. Patel 2. Mr. Rajendra P. Patel 3. Mr. Vipul I. Patel

Lead Manager of ICE Make Refrigeration Limited IPO:

  1. Vivro Financial Services Private Limited

Registrar of ICE Make Refrigeration Limited IPO:

  1. Link Intime India Private Limited

Company Address:

ICE Make Refrigeration Ltd B-1, Vasupujya Chamber, Near Navdeep Building, Income-Tax Cross Road, Ahmedabad 380009 Phone: +91 79 27540630 Fax: +91 79 27540620 Email: Website:

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