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ICE Make Refrigeration IPO is a Book Building IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 23.71 Cr. The company is based in Ahmedabad and caters to Electric Equipments sector. Vivro Financial Services is the merchant banker of ICE Make Refrigeration IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 1st December 2017.
ICE Make Refrigeration IPO open date is 28th November 2017 and close date is 30th November 2017. IPO Allotment Date is 30th November -0001 and Listing date is 8th December 2017.
IPO
Size:
₹ 23.71 Cr.
Avg IPO Size (Sector Based)
: ₹
33.56 cr.
Sector: Electric Equipments
SME
IPO so far:
51
Merchant Banker:
Vivro Financial
SME
IPO by BRLM so far:
8
City:
Ahmedabad
SME
IPO so far:
182
Revenue (annualised):
₹
92.20
cr. 
PE
Ratio:
15.00x
Average Sector PE Ratio: 18.30x
ICE Make Refrigeration IPO size is ₹ 23.71 Cr. with IPO price of ₹ 57.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Vivro Financial Services Private Limited is the book-running lead manager of the ICE Make Refrigeration IPO. Link Intime India Private Limited is the Registrar and Market Maker is Airan Finstocks Private Limited for ICE Make Refrigeration IPO.
ICE Make Refrigeration IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
ICE Make Refrigeration IPO, based in Ahmedabad, operates in the Electric Equipments sector with a focus on refrigeration equipment manufacturer. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. ICE Make Refrigeration IPO size is ₹ 23.71 Cr. with fresh issue size of ₹ 24 and Offer for sale being ₹ Nil
The IPO allotment date for ICE Make Refrigeration IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check ICE Make Refrigeration IPO allotment status on the registrars website, Link Intime India Private Limited . ICE Make Refrigeration IPO refund dates are 30th November -0001.
ICE Make Refrigeration IPO is expected to be listed on 8th December 2017.
The upper price band for the ICE Make Refrigeration IPO is set at ₹ 57.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on ICE Make Refrigeration IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the ICE Make Refrigeration IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 30th November 2017. After submission, funds are blocked until the basis of allotment of ICE Make Refrigeration IPO is finalised.
The merchant banker for ICE Make Refrigeration IPO is Vivro Financial Services Private Limited . Vivro Financial Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the ICE Make Refrigeration IPO RHP for further details.
The registrar for ICE Make Refrigeration IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to ICE Make Refrigeration IPO through their official website or helpline.
ICE Make Refrigeration IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 23.71 Cr.
Avg IPO Size (Sector Based)
:
₹ 33.56 Cr.
Sector: Electric Equipments
SME
IPO so far:
51
Merchant Banker:
Vivro Financial
SME
IPO by BRLM so far:
8
City:
Ahmedabad
SME
IPO so far:
182
Revenue (annualised):
₹ 275.88 cr.
PE
Ratio:
15.00x
Average Sector PE Ratio: 18.30x
ICE Make Refrigeration IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on ICE Make Refrigeration Financial Review Page
Merchant Banker(s) of ICE Make Refrigeration IPO: Vivro Financial Services Private Limited
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 804.15.
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