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Shree Refrigerations SME IPO Subscription

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Updated 1 August 2025, 9:15 AM IST· BSE SME

Shree Refrigerations SME IPO subscription closed on 29 July 2025 at 187.55x overall by shares. QIB demand came in at 167.32x, NII at 196.99x, and retail at 194.94x. See Retail, SHNI, and BHNI allotment chances in the…

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Allotment date is 30 July 2025. Listing date on NSE and BSE is 1 August 2025.

Issue Price
Rs 125.00
GMP Today
Rs 70.00 (+56.00%)
Overall Sub
187.55x
Issue Size
₹111.45 Cr
Allotment
30 Jul 2025
Listing
1 Aug 2025

Shree Refrigerations SME IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 25 Jul 20250.00x1.43x3.60x2.11x
Day 2 - 28 Jul 20252.25x11.88x34.85x20.62x
Day 3 - 29 Jul 2025167.32x196.99x194.94x187.49x

Shree Refrigerations SME IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Shree Refrigerations SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail (IND)194.94x (shares)Updating soon
SHNI (Rs 2L to Rs 10L)158.65x (shares)Updating soon
BHNI (above Rs 10L)214.75x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the Shree Refrigerations SME IPO Allotment Status page from 30 July 2025 for your result.

Shree Refrigerations SME IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 125.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 22.28 CrRs 3,726.98 Cr167.32x
NIIRs 16.73 CrRs 3,294.74 Cr196.99x
sNII (Rs 2L to Rs 10L)Rs 5.58 CrRs 884.49 Cr158.65x
bNII (above Rs 10L)Rs 11.15 CrRs 2,394.44 Cr214.75x
INDRs 39.03 CrRs 7,607.50 Cr194.94x
TotalRs 78.03 CrRs 14,629.21 Cr187.49x

Shree Refrigerations SME IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB17,82,00029,81,58,000167.32x
NII13,38,00026,35,79,000196.99x
sNII (Rs 2L to Rs 10L)4,46,0007,07,59,000158.65x
bNII (above Rs 10L)8,92,00019,15,55,000214.75x
IND31,22,00060,86,00,000194.94x
Total62,42,0001,17,03,37,000187.49x

What Do These Subscription Numbers Mean?

187.55x overall by shares means bids covered about 188 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 167.32x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (196.99x by shares). SHNI and BHNI allotment is by lottery.

Retail at 194.94x by shares. Exact lottery chances need application data.

Shree Refrigerations SME IPO GMP After Subscription

GMP for Shree Refrigerations SME stands at Rs 70.00 today, giving an estimated listing price of Rs 195.00 per share.

The GMP has moved up from Rs 75.00 on 22 Jul 2025 to Rs 85.00 on 31 Jul 2025.

A subscription of 187.55x combined with a GMP of 56.00% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Shree Refrigerations SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Shree Refrigerations SME IPO Key Dates

EventDate
IPO Open Date25 July 2025
IPO Close Date29 July 2025
Allotment Date30 July 2025
Refund Initiation31 July 2025
Share Credit to Demat31 July 2025
Listing Date1 August 2025
Minimum InvestmentRs 2,50,000.00
Lot Size1000 shares

About Shree Refrigerations SME

Shree Refrigerations Limited, incorporated in 2006, is a leading defense-focused manufacturer of advanced refrigeration and HVAC (Heating, Ventilation, and Air Conditioning) systems. The company specializes in designing, manufacturing, and supplying high-performance chillers and HVAC/refrigeration components for the Indian Navy (including warships and submarines) and other industries such as automotive, print media, chemical, pharmaceutical, and general engineering.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

IND - Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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Shree Refrigerations SME IPO Subscription FAQs

What is Shree Refrigerations SME IPO subscription status today?

Shree Refrigerations SME IPO subscription closed on 29 July 2025 with overall subscription of 187.55x (by shares) as of 18 October 2026, 5:17 PM IST. QIB 167.32x, NII 196.99x, IND 194.94x.

What is the overall subscription of Shree Refrigerations SME IPO?

Shree Refrigerations SME IPO is subscribed 187.55x overall by shares at close on 29 July 2025. QIB 167.32x, NII 196.99x, and IND 194.94x.

What is Shree Refrigerations SME IPO QIB subscription?

Shree Refrigerations SME IPO QIB (Qualified Institutional Buyers) subscription is 167.32x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Shree Refrigerations SME IPO IND subscription?

Shree Refrigerations SME IPO IND subscription is 194.94x by shares. Retail bids are up to Rs 2 lakh per PAN.

What is Shree Refrigerations SME IPO NII, SHNI, and BHNI subscription?

Shree Refrigerations SME IPO NII subscription is 196.99x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are Shree Refrigerations SME IPO retail allotment chances?

Shree Refrigerations SME IPO retail share subscription is 194.94x. Application data is needed for exact lottery chances.

What are Shree Refrigerations SME IPO SHNI allotment chances?

Shree Refrigerations SME IPO SHNI share subscription is 158.65x. Application data is needed for exact lottery chances.

What are Shree Refrigerations SME IPO BHNI allotment chances?

Shree Refrigerations SME IPO BHNI share subscription is 214.75x. Application data is needed for exact lottery chances.

When is Shree Refrigerations SME IPO allotment date?

Shree Refrigerations SME IPO allotment date is 30 July 2025. Check Shree Refrigerations SME IPO Allotment Status on IPOwiz from that day using your PAN.

When does Shree Refrigerations SME IPO subscription close?

Shree Refrigerations SME IPO subscription closed on 29 July 2025. No new applications are accepted after the close.

What is Shree Refrigerations SME IPO GMP today?

Shree Refrigerations SME IPO GMP is ₹70 today (+56.00% over issue price ₹125). See live GMP on the Shree Refrigerations SME IPO GMP Today page.

What is Shree Refrigerations SME IPO issue price and lot size?

Shree Refrigerations SME IPO issue price is ₹125 per share. Lot size is 1000 shares. Minimum investment is ₹2,50,000 per lot (minimum 2 lots for SME). Issue size: ₹111.45 Cr.

When is Shree Refrigerations SME IPO listing date?

Shree Refrigerations SME IPO listing date is 1 August 2025 on NSE and BSE. Allotment is on 30 July 2025.

How does subscription affect Shree Refrigerations SME IPO allotment?

In Shree Refrigerations SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 187.55x overall, competition is very high.

For allotment results from 30 July 2025, visit the Shree Refrigerations SME IPO Allotment Status page. For listing day updates on 1 August 2025, download the IPOwiz App.

Sources

We match Shree Refrigerations SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.