Shree Refrigerations IPO Allotment Out: Subscribed 187 Times, GMP Signals Big Listing Pop; Check If You Got In

The allotment status of Shree Refrigerations IPO has been released after a blockbuster response from all categories of investors. The SME IPO, which was open for subscription from July 25 to July 29, saw tremendous demand, with a total subscription of 187.55 times ahead of its August 1 listing on BSE SME.

Shree Refrigerations IPO

Shree Refrigerations IPO is worth Rs. 117.33 crore and consists of a fresh issue of Rs. 94.51 crore and an offer for sale worth Rs. 22.81 crore. The price band was fixed at Rs. 125 per share. Before the IPO opening, the company successfully raised Rs. 33.41 crore from anchor investors.

Massive Oversubscription Across All Categories

Shree Refrigerations IPO recorded an oversubscription of 187.55 times overall, with retail investors leading the frenzy. At the end of the closing window on July 29, retail subscription reached 195.05 times, while NIIs & QIBs subscribed 197.01 & 167.32 times, respectively.

Grey Market Premium (GMP) & Listing Expectations

As of July 31, the GMP of Shree Refrigerations IPO is Rs. 70, indicating strong listing expectations. Based on the IPO cap price of Rs. 125, the expected listing price is around Rs. 195, which implies a potential gain of 56% on listing. The SME IPO is likely to debut on the BSE SME platform on Friday, August 1, 2025.

How to Check Shree Refrigerations IPO Allotment Status?

You can check your IPO allotment status using the following two methods:

Through MUFG Intime India, which is the registrar for the IPO

Step 1: Visit https://www.linkintime.co.in

Step 2: Select 'Shree Refrigerations Ltd' from the dropdown.

Step 3: Choose the search method: PAN OR Application Number OR DP ID.

Step 4: Enter required details and click 'Search.'

Your Allotment status will appear on the page

If Checking Via BSE Website

Step 1: Go to https://www.bseindia.com/investors/appli_check.aspx.

Step 2: Select 'Equity' and then 'Shree Refrigerations Ltd.'

Step 3: Enter Application Number or PAN + Captcha.

Step 4: Click on 'Search' to view status.

About Shree Refrigerations Ltd.

Shree Refrigerations Ltd was founded in 2006 and is a leading player in India's HVAC and refrigeration systems segment. Headquartered in Karad, Maharashtra, the company designs and manufactures air-cooled and water-cooled condensing units, industrial chillers, marine HVAC systems, and spray dampening systems, catering to sectors such as automotive, chemical, pharmaceutical, defence, print media, and general engineering. Shree Refrigerations holds approximately 21% market share in its domain. Financially, the company reported revenue of Rs. 99.10 crore in FY25, up 22%, and PAT of Rs. 13.55 crore-a 17% rise from the previous year.