ICE Make Refrigeration Ltd
ICEM

ICE Make Refrigeration Ltd (ICEMAKE)

₹230.84.98%

Key Stats

₹214.05
Day's Price Range
₹230.8
₹57.3
52-Week Price Range
₹250
1 Month Return25.09 %
3 Month Return93.1 %
1 Year Return195.29 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 149
31.51
EPS
Rank 131
₹7.15
BVPS
Rank 173
₹39.28
Dividend Yield
Rank 49
1.8%
ROE
Rank 137
13.01%
Price To Book Ratio
Rank 168
5.73
Debt To Asset
Rank 182
0.47

Company Information

Ice Make Refrigeration Limited was originally incorporated on March 31 2009 as a private limited company with the name Ic Ice Make Refrigeration Private Limited. Subsequently the name of the Company was changed to Ice Make Refrigeration Private Limited on August 04 2015. Further the Company was converted into a public limited company on August 29 2017 and the name of the Company was changed to Ice Make Refrigeration Limited.Ice Make is a refrigeration equipment manufacturer engaged in providing cooling solutions. The Company provides cooling solutions for cooling systems and accessories used in industries such as dairy icecream food processing agriculture pharmaceuticals cold chains logistics hospital hospitality and retail among others. The Company operates its business verticals under the brand of Ice Make.The Company is promoted by Mr. Chandrakant P. Patel Mr. Rajendra P. Patel and Mr. Vipul I. Patel. The promoters commenced the business in 2 firms i Ice Make Refrigeration Proprietorship Firm in 1993 and ii Hi Make Engineers Proprietorship Firm in 1997 The name was thereafter modified to Colpan Poly Panel Industries. The running business of the 2 firms was taken over by way of a business transfer agreement in 2009.The Promoters through the aforesaid firms had initiated business as refrigeration equipment manufacturer by Commercial Refrigeration manufacturing in 1993 and forayed into Cold Room manufacturing in 2002 as well as Industrial Refrigeration manufacturing in 2003. Subsequently the Company introduced Transport Refrigeration manufacturing in 2012. In December 2016 The Company had acquired Bharat Refrigerations Private Limited a company based in Chennai engaged in a business similar to their business which is now its wholly owned subsidiary. Bharat Refrigerations Private Limited is present in the above business verticals through the brands named Bharat and Trans Freez.
OrganisationICE Make Refrigeration Ltd
HeadquartersAhmedabad
IndustryEngineering