| ICE Make Refrigeration Ltd |
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| Registered Office: B-1 Vasupujya Chamber,Neer Navdeep Bldg IT Cross Rod,Ahmedabad-380009, Gujarat |
| Tel. No: 91-79-27540630 |
| Fax No: 91-79-27540620 |
| Email: info@icemakeindia.com |
| Website: www.icemakeindia.com |
| Initial Public Offer of 41,60,000 equity shares of face value of Rs. 10 each ("equity shares") of Ice Make Refrigeration Limited (the "company" or the "issuer") for cash at a price of Rs. 57.00 per equity share including a share premium of Rs. 47.00 per equity share (the "issue price"), agreegating to Rs. 23.71 Crores (the "issue") of which 2,08,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 57.00 per equity share agreegating to Rs. 1.19 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. 39,52,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 57 per equity share, agreegating to Rs. 22.52 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.54 % and 25.22 %, respectively of the post issue paid up equity share capital of the company. The face value of equity shares of Rs.10 each. The issue price is Rs.57 and is 5.7 times the face value of the equity shares. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 28-Nov-2017 | 30-Nov-2017 | ₹57.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 2000 | Further Multiples of :2000 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Vivro Financial Services Pvt Ltd |
| Project Financed through Current Offer | 23.71 | |
| Post Issue Equity Share Capital | 15.67 | |
| Issue Price | 57.00 |
| Projects |
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| Setting up of a coil manufacturing facility at Dantali |
| Upgradation of the existing facilities at Dantali |
| Construction of an administration office at Dantali |
| Expenditure towards enhancement of the brand through brand building activities |
| Investment in bharat refrigerations pvt ltd (wholly owend subsidiary) for upgradation of the existing facilities at chennai |
| To meet the incremental working capital requirement |
| General corporate purpose |
| Promoted By |
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| Chandrakant P Patel |
| Rajendra P Patel |
| Vipul I Patel |
| Listing At |
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| NSE - SME |
| Registrar To The Issue |
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