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REFEX INDUSTRIES LTD.

11 July 2025 | 12:00

Industry >> Industrial Gases

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ISIN No INE056I01025 BSE Code / NSE Code 532884 / REFEX Book Value (Rs.) 47.43 Face Value 2.00
Bookclosure 22/03/2024 52Week High 600 EPS 12.28 P/E 36.02
Market Cap. 5718.73 Cr. 52Week Low 207 P/BV / Div Yield (%) 9.33 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Refex Refrigerants Limited was incorporated as Refex Refrigerants Private Limited on 13th September 2002, under the Companies Act, 1956, with Registration Number U28121TN2002PTC049601. The Company was converted into a Public Limited Company on 13th March 2006 with the name "Refex Refrigerants Limited". The Registered Office of the Company is situated 20, Mooker Nallamuthu Street, Chennai-600001. The Company has its processing and refrigerant gas filling station at 1/171, Old Mahabalipuram Road, Tiruporur-603110, Tamil Nadu. Refex Refrigerants Limited is an ISO 9001 Company engaged in the business of refilling and selling non ozone depleting refrigerant gases popularly known as 'HydrofluoroCarbons' or 'HFCs, that are used in auto airconditioners, room air conditioners, commercial aircons,refrigerators and refrigerating equipments. These refrigerants are the replacements for the CFC's and HCFC's which deplete the ozone layer. The CFC's are to be banned in the country from 2010, after this ban HFC's have to be replaced with the CFC's. So Refex saw the potential in the HFC business and started to import this product from across the globe in the year 2000. They were importing this in their trading company. After seeing a growth in the imports they had planned to set up a refilling plant in Chennai with the technical collaboration from Kaltech. This inititated the birth of Refex Refrigerants Pvt ltd, with a refilling plant in Thiruporur near Chennai. Refex started off with a capacity of 40MT per month with one storage tank and and one ISO tank. Refex achieved a turn over of Rs. 11.17 crores the FY 2005-06. For the nine months period ended 31/12/2006, Refex has achieved a total income of Rs. 42.11 crores. 

 2002 

 -Refex Refrigerants was incorporated as a Private Limited Company 

 2004 -Appreciation Letter received from Minister of State for Commerce & Industry, Government of India for the eco-friendly approach of the company to introduce HFCs in place of CFCs in the country and for establishing such a Project in Thiruporur, Kancheepuram District. 

 2005 -The company was awarded with ISO 9001: 2000 Certificate by TUV Management Services 

 2006 -Entered into Technical Collaboration with Kaltech Engineering and Refrigeration Pvt. Ltd., Singapore 

 2007 -Refex Refrigerants Ltd got its shares listed on the Exchange in the list of 'B1' Group Securities. -The Company has received a special import license for importing 2000 MT of HCFC Based Refrigerants from DGFT, Ministry of Commerce, New Delhi. 

 2008 -Refex Refrigerants has picked up a 51% stake in Singapore based Kaltech Engineering and Refrigeration Pte Ltd for S $ 11 Millions. 

 2011 -The company appointed Mr. Sumarmal Mehta as an additional Director. 

 2014 -The company appointed Mr. Hem Senthil Raj as an Additional Director. -The name of the company changed from "Refex Refrigerants Ltd." to "Refex Industries Ltd." 

 2016 -New Stories New Laughter "One on One" part 2 Powered by Refex Industries Limited

2020

-Company issued rights shares of Rs. 10 in the ratio of 5:14 at a premium of Rs. 35 per share. 

2024 -The Company has splits its face value from Rs. 10/- to Rs. 2/-.