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Open
23 Jul 2007
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Close
26 Jul 2007
3
Allotment
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Listing
Mon, Aug 20, 2007
Price Band
₹65 per share
Issue Size
38,00,176 shares (agg. up to ₹25 Cr)
Listing Date
Mon, Aug 20, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.03x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 | 29.09 |
| 2 | Meet the margin money requirement for working capital | 1.50 |
| 3 | Meet the issue expenses | 3.60 |
| 4 | Meet the expenses towards brand building | 1.96 |
About Refex Refrigerants IPO
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).+ Read More
Contact Details
Refex Refrigerants Ltd. AddressRefex Refrigerants Limited20, Mooker Nallamuthu StreetChennai, Tamil Nadu, 600001+91-44-4216 3965admin@refex.co.inVisit Website