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ICE Make Refrigeration IPO is a Book Building 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 posted revenues of ₹ 92.20 crores and PAT of ₹ 5.88 crores in FY00 on annualised basis.
Revenue:
₹ 275.88 Cr.
EBITDA Margin:
13.14
% 
Net Worth: ₹ 16.95 Cr.
Market Capitalisation:
[●]
P/E:
15.00 times
P/BV: [●]
EV/EBITDA: 0.38 times
Financial results of ICE Make Refrigeration IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Nov--1 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 53.18 | 54.87 | 38.67 | 33.40 | |
| Net Worth | 16.95 | 15.48 | 10.37 | 7.73 | |
| Total Debt | 15.44 | 14.36 | 13.47 | 11.98 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
22.99
275.88 |
87.52 | 71.68 | 50.48 | |
EBITDA
EBITDA on annualised basis |
3.02
36.24 |
10.66 | 7.04 | 4.08 | |
PAT
PAT on annualised basis |
1.46
17.52 |
5.10 | 2.64 | 0.93 | |
ICE Make Refrigeration IPO PAT Margin is 6.35 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows ICE Make Refrigeration IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Nov--1 | FY17 | FY16 | FY15 |
|---|---|---|---|---|
| EBITDA Margin (%) | 13.14 | 12.18 | 9.82 | 8.08 |
| PAT Margin (%) | 6.35 | 5.83 | 3.68 | 1.84 |
| EPS (₹) | 1.27 | 4.44 | 2.30 | 0.81 |
| ROE (%) | 8.61 | 32.95 | 25.46 | 12.03 |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 2.75 | 9.29 | 6.83 | 2.78 |
| Debt to Equity | 0.91 | 0.93 | 1.30 | 1.55 |
The market Capitalisation of ICE Make Refrigeration IPO is ₹ 0.00 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The ICE Make Refrigeration IPO prospectus highlights an Return on Equity (ROE) of 8.61 % , Return on Assets (ROA) of 2.75 %, and an EBITDA Margin of 13.14 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows ICE Make Refrigeration IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of ICE Make Refrigeration IPO is ₹ 0.00 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The ICE Make Refrigeration IPO has a Price-to-Earnings (PE) ratio of 15.00 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
ICE Make Refrigeration IPO reported revenue of ₹ 92.20 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from ICE Make Refrigeration IPO provide insights into sales growth, market demand, and business scalability.
ICE Make Refrigeration recorded an EBITDA of ₹ 36.24 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
ICE Make Refrigeration Profit After Tax (PAT) is ₹ 17.52 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 275.88 Cr.
EBITDA Margin:
13.14
%
Net Worth: ₹ 16.95 Cr.
Market Capitalisation:
[●]
P/E:
15.00 times
P/BV: [●]
EV/EBITDA: 0.38 times
ICE Make Refrigeration operates in Electric Equipments and Refrigeration Equipment Manufacturer. The Issue is listed on NSE EMERGE in Dec, 2017. ICE Make Refrigeration IPO size was 23.71 with Issue price of 57.00 .
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 781.00.
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