:::LALKAR GROUP::::

ICE Make Refrigeration Ltd

Registered Office: B-1 Vasupujya Chamber,Neer Navdeep Bldg IT Cross Rod, Ahmedabad - 380009, Gujarat, India.
Phone : 91-79-27540630 Fax: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-17	30-Nov-17	57.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

	(Rs)	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

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

Chandrakant P Patel

Rajendra P Patel

Vipul I Patel

Listing At

NSE - SME

Registrar to the Issue

No Data Available