Ice Make Refrigeration Limited

Founded in 2009 and headquartered in Gujarat, India.

2009 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Ice Make Refrigeration Profile

Key Indicators

  • Authorised Capital ₹ 17.50 Cr
  • Paid Up Capital ₹ 15.78 Cr
  • Company Age 15 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 137.50 Cr
  • Satisfied Charges ₹ 6.11 Cr
  • Revenue Growth 51.22%
  • Profit Growth 159.88%
  • Ebitda 116.87%
  • Net Worth 30.15%
  • Total Assets 28.45%

About Ice Make Refrigeration

Ice Make Refrigeration Limited (IMRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 March 2009 and has a history of 15 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol ICEMAKE.

The Corporate was formerly known as Ic Ice Make Refrigeration Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 17.50 Cr and a paid-up capital of Rs 15.78 Cr.

The company currently has active open charges totaling ₹137.50 Cr. The company has closed loans amounting to ₹6.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ice Make Refrigeration Limited India are Desai Bimalchandra as COMPANY SECRETARY and Ankit Patel as Cfo. Darsha Kikani, Krishnakant Patel, Chandrakant Patel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    icemakeindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29220GJ2009PLC056482

  • Company No.

    056482

  • Stock Symbol

    NSE : ICEMAKE

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 2009

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

What products or services does Ice Make Refrigeration Limited offer?

Ice Make Refrigeration Limited offers a wide range of products and services, including Bakery & Dairy Machinery, Milk Processing Plant and Machines, Prefabricated Houses & Structures, Prefabricated Structures, Milk Storage Tank and Silo, Industrial Air Conditioner & Devices, Chillers, Freezers, Refrigerators & Chillers, Commercial Refrigerator, Deep Freezer.

Who are the key members and board of directors at Ice Make Refrigeration?

Executive Team (5)

NameDesignationAppointment DateStatus
Chandrakant Patel Country flag representing In Managing Director31-Mar-2009Current
Rajendrabhai Patel Country flag representing In Managing Director31-Mar-2009Current
Vipulbhai Patel Country flag representing In Managing Director31-Mar-2009Current
Desai Bimalchandra Country flag representing In Company Secretary02-Mar-2019Current
Ankit Patel Country flag representing In CFO05-Sep-2017Current

Board Members (3)

NameDesignationAppointment DateStatus
Krishnakant Patel Country flag representing In Director 05-Sep-2017Current
Darsha Kikani Country flag representing In Director 05-Sep-2017Current
Harshadrai Pandya Country flag representing In Director 05-Sep-2017Current

Financial Performance of Ice Make Refrigeration.

Ice Make Refrigeration Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.22% increase. The company also saw a substantial improvement in profitability, with a 159.88% increase in profit. The company's net worth Soared by an impressive increase of 30.15%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
51.22%
Revenue from Operations
51.22%
Total Assets
28.45%
Profit or Loss
159.88%
Net Worth
30.15%
EBITDA
116.87%

What is the Ownership and Shareholding Structure of Ice Make Refrigeration?

In 2023, Ice Make Refrigeration had a promoter holding of 74.49% and a public holding of 25.51%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹137.50 Cr

Satisfied Charges

₹6.11 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 73.00 Cr
  • Canara Bank : 57.00 Cr
  • Others : 7.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Oct 2023Others₹7.50 CrOpen
27 Jul 2023Hdfc Bank Limited₹48.00 CrOpen
25 Nov 2020Hdfc Bank Limited₹25.00 CrOpen
18 Sep 2019Canara Bank₹3.00 CrOpen
13 Jul 2009Canara Bank₹27.00 CrOpen

How Many Employees Work at Ice Make Refrigeration?

Ice Make Refrigeration has a workforce of 161 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ice Make Refrigeration, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ice Make Refrigeration's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ice Make Refrigeration

Recent activity within the organization

  • Annual General Meeting

    Ice Make Refrigeration Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Ice Make Refrigeration Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 48.00 Cr registered on 27 Jul 2023 with Charge ID 100756796 was modified on 15 Mar 2024.

    15 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 25 Nov 2020 with Charge ID 100399981 was modified on 06 Feb 2024.

    06 Feb 2024

  • Charges

    A charge with Canara Bank of Rs. 27.00 Cr registered on 13 Jul 2009 with Charge ID 10166473 was modified on 16 Jan 2024.

    16 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100808382 was registered on 27 Oct 2023.

    27 Oct 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Ice Make Refrigeration Limited was incorporated on 31 Mar 2009.

  • The authorized share capital of Ice Make Refrigeration Limited is ₹ 17.50 Cr and paid-up capital is ₹ 15.78 Cr.

  • Currently 8 directors are associated with Ice Make Refrigeration Limited.

    • Darsha Kikani
    • Krishnakant Laljibhai Patel
    • Chandrakant Popatbhai Patel
    • Rajendrabhai Popatbhai Patel
    • Vipulbhai Ishwarbhai Patel
    • Harshadrai Premshanker Pandya
    • Desai Mandar Bimalchandra
    • Ankit Pankajbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ice Make Refrigeration Limited is B-1 Vasupujya Chamber Near Navdeep Building Income-Tax Cross Road, India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Ice Make Refrigeration Limited is L29220GJ2009PLC056482 and the company number is 056482 as per Ministry of Corporate Affairs (MCA).

  • Yes, Ice Make Refrigeration Limited is registered on National Stock Exchange (NSE).

  • The Official website of Ice Make Refrigeration Limited is https://www.icemakeindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ice Make Refrigeration Limited has risen by 51.22%.

  • As Per 2023 financial reports, 161 employees are currently employed by Ice Make Refrigeration Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ice Make Refrigeration Limited has experienced an upsurge of 30.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ice Make Refrigeration Limited amount to ₹ 137.50 Cr.

  • The most recent Balance Sheet for Ice Make Refrigeration Limited was filed with the ROC on 31 Mar 2024.

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