Ice Make Refrigeration Limited
Established in 1993, Ice Make Refrigeration Ltd. is engaged in the business of providing customized cooling solutions like Cold Rooms, Freezers, Commercial and Industrial Refrigeration Systems, Chilling Plants, etc.
What Ice files
- Others48
- Investor Meet28
- Important21
- Board Meeting11
- Dividend/Bonus4
- Updates4
Ice Make confirmed unutilized Galilei Subscription funds earmarked for specific purposes won't be diverted to general corporate uses. This ensures focused project spending.
Ice Make Refrigeration has incorporated Ice Make Horeca Private Limited as a wholly-owned subsidiary. This follows prior board approval for a joint venture, now established as a fully owned entity, expanding the company's operational structure.
ICEMAKE signed agreements with Japan's Galilei to raise ₹190 Cr via preferential issue. Funds will be used for capacity expansion, modernization, and debt repayment. They're also forming a 60:40 joint venture with Galilei to manufacture and distribute commercial refrigerators.
Ice Make Refrigeration hit record Q4 revenue of ₹255.85 Cr & FY26 revenue of ₹668.20 Cr, +41.8% & +39.3% YoY. Profitability impacted by strategic growth investments & capacity expansion. Board proposed ₹2.25/share dividend.