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Showing posts from August, 2018

"Ice Make is fully geared up for achieving steady growth in earnings" -Chandrakant P. Patel

Ice Make’s First Post Listing Annual General Meeting (AGM 2018) Highlights of Chairman Message At the First Post Listing Annual General Meeting of Ice Make Refrigeration Limited held at Eulogia Inn Hotel in Ahmedabad on August 25, 2018 , Chairman and Managing Director, Mr. Chandrakant P. Patel listed several landmark achievements such as Company garnering record IPO subscription, improvement in Company’s Credit Rating, Top Line crossing 100 Crores of Revenue Mark and shared roadmap for the future growth including launch of Solar Cold Room and Company’s foray into Ammonia based refrigeration that will help the Company grow faster. In his First address to the Company’s shareholders Mr. Patel spoke about Company’s performance, guiding philosophy, growth strategies, opportunities, industry changes and business challenges. He told to the full packed audience that “This is my 10th year as a Chairman of this fast emerging Company. It is a rare privilege and a great responsibilit

Share India Securities institutes’ Merchant Banking division

Expects to capture a market share of 7% to 8% in 18 months Share India Securities Ltd, a leading knowledge and technology driven financial services group, has commenced its merchant banking operations under Share India Capital Services which is 100% subsidiary of Share India Securities Ltd. The Company recently received a license of merchant banking from SEBI with a pure focus on the SME segment and providing the solution to the local companies who want to get listed on SME platforms of BSE and NSE. Mr Abhinav Gupta, Head, Merchant Banking, Share India Capital Services said, Share India expects more than 200 SME companies to get listed in this financial year of 2019 and expects over 30% growth in FY2020. The Company’s main focus is North and Western India and expects to reach a market share of 7% to 8% by the end of financial year FY20. 70% participation on SME platforms is from the western part of India while in North India the equity culture is just beginning to take str

Ice Make forays into Ammonia based Refrigeration Manufacturing

Ice Make Refrigeration (Ice Make), one of the leading manufacturer and supplier of cooling solutions and refrigeration equipment, has forayed into Ammonia Refrigeration Equipment manufacturing and turnkey projects management, project engineering and execution. The Company so far manufactures cooling products with HCFCs (Hydro ChloroFluoro Carbons) and HFCs (Hydro Fluoro Carbons) refrigerants. It now enters into in-house engineering capability, equipment manufacturing and projects execution business using natural refrigerant – Ammonia. Ice Make has extended its services into design, engineering, manufacturing, assembly, fabrication, installation, testing and commissioning with best in class after sales services for ammonia based skid mounted water chillers for Dairy and Pharma, Water, Glycol and Brine Chillers for Brewery, Beverage and Pharma Industries, Water, Glycol and Brine chilling plants for Dairies, Breweries, Pharma, Chemical, Fertilizer and allied Industries using Recip