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Refex Refrigerants IPO is a fixed price issue of ₹24.70 crores. The issue is entirely a fresh issue of 0.38 crore shares of ₹24.70 crore.
Refex Refrigerants IPO bidding started from Jul 23, 2007 and ended on Jul 26, 2007. The shares got listed on BSE on Aug 20, 2007.
Refex Refrigerants IPO price is ₹65.00 per share .
Keynote Financial Services Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue.
Refer to Refex Refrigerants IPO RHP for detailed Information.
| IPO Date | July 23, 2007 to July 26, 2007 |
| Listing Date | August 20, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹65 per share |
| Lot Size | |
| Sale Type | Fresh Capital |
| Total Issue Size | 38,00,176 shares (aggregating up to ₹24.70 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE |
| Share Holding Pre Issue | 1,14,00,000 shares |
| Share Holding Post Issue | 1,52,00,000 shares |
Refex IPO offers total 38,00,000 shares. Out of which 3,80,000 (10.00%) allocated to QIB, 17,10,000 (45.00%) allocated to NII, 17,10,000 (45.00%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 3,80,000 (10.00%) |
| NII (HNI) Shares Offered | 17,10,000 (45.00%) |
| Retail Shares Offered | 17,10,000 (45.00%) |
| Total Shares Offered | 38,00,000 (100.00%) |
Refex Refrigerants IPO opens on July 23, 2007, and closes on July 26, 2007.
| IPO Open Date | Mon, Jul 23, 2007 |
| IPO Close Date | Thu, Jul 26, 2007 |
| Tentative Listing Date | Mon, Aug 20, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jul 26, 2007 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2002, Refex Refrigerants Limited is an ISO 9001 Company engaged in the business of refilling non ozone depleting refrigerant gases popularly known as ‘HydrofluoroCarbons’ or ‘HFCs, which are used in Auto air conditioners, Room air conditioners, refrigerators and refrigerating equipments. Refex is a licensed refiller, authorised by the Department of Explosives (Government of India).
Presently Refex has an installed capacity of refilling 40 MT per month of refrigerant gases on single shift basis. Refex supplies its products to Original Equipment Manufacturers.
Refex has its processing and filling station at: 1/171, Old Mahabalipuram Road, Tiruporur-603110, Tamil Nadu. The existing factory has an installed capacity of 480 MT of Refrigerant gases per annum on single shift basis. The proposed expansion will increase the capacity to 3,000 MT per annum. Refexalso has a technical agreement with M/s Kaltech Engineering and Refrigerants Pte Ltd., Singapore (Kaltech).
| KPI | Values |
|---|---|
| RoNW | 30.4% |
The Company Refex IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Part finance the Project of Expansion of the present installed capacity of cylinders 2909.00 from 480 MT per annum to 3,000 MT per annum | 290.90 |
| 2 | Meet the margin money requirement for working capital | 15.00 |
| 3 | Meet the issue expenses | 36.00 |
| 4 | Meet the expenses towards brand building | 19.60 |
| Listing Date | August 20, 2007 |
| BSE Script Code | 532884 |
| NSE Symbol | REFEX |
| ISIN | INE056I01017 |
| Final Issue Price | ₹65 per share |
| BSE Listing Group | B1 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹65.00 |
| Open | ₹69.10 |
| Low | ₹61.05 |
| High | ₹73.80 |
| Last Trade | ₹62.00 |
Refex Refrigerants Ltd.
Refex Refrigerants Limited,
20, Mooker Nallamuthu Street,
Chennai-600001, India.
Chennai, Tamil Nadu
Phone: +91-44-4216 3965
Email: admin@refex.co.in
Website: http://www.refex.co.in
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/
Refex Refrigerants IPO is a main-board IPO of 38,00,176 equity shares of the face value of ₹10 aggregating up to ₹24.70 Crores. The issue is priced at ₹65 per share. The minimum order quantity is .
The IPO opens on July 23, 2007, and closes on July 26, 2007.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Refex Refrigerants IPO using UPI as a payment gateway. Zerodha customers can apply in Refex Refrigerants IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Refex Refrigerants IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Refex Refrigerants IPO opens on July 23, 2007 and closes on July 26, 2007.
Refex Refrigerants IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Refex Refrigerants IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Refex Refrigerants IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Refex Refrigerants IPO allotment status.
The Refex Refrigerants IPO listing date is on Monday, August 20, 2007.
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