About Refex Industries Ltd 
Refex Industries Ltd
Mid Cap
Industrial Gases & Fuels
Refex Industries Ltd. (Formerly known Refex Refrigerants Limited) was incorporated on September 13, 2002. The core business of Refex is refilling non-ozone depleting refrigerant gases popularly known as HydrofluoroCarbons' (HFCs), which unlike regular refrigerants, are eco-friendly and do not deplete the ozone layer. These gases are primarily used as refrigerants, foam blowing agents, and aerosol propellants in automobile air conditioners, room airconditioners and refrigerating equipment.
Company Coordinates 
Company Details
67 Bazullah Road, T Nagar Chennai Tamil Nadu : 600017
Registrar Details
Cameo Corporate Services Ltd , Subramanian Buildings No 1 , Club House Road, Chennai
Capital Structure 
Present Equity Capital
INR 24.14 Cr
Number of Shares
12.07 Cr
Face Value
INR 2.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
22-Jul-2024
12.07
24.14
5000000
2
Conversion of Warrants
28-Mar-2024
11.57
23.14
5000000
2
Preferential basis
22-Mar-2024
11.07
22.14
88545112
2
Stock Split
02-Feb-2024
2.21
22.14
2740
10
Issued under ESOP Scheme
30-Nov-2023
2.21
22.13
26514
10
Issued under ESOP Scheme
07-Oct-2022
2.21
22.11
1105000
0
Issued under ESOP Scheme
07-Oct-2022
2.21
22.11
1105000
10
Preferential basis
16-Jun-2020
2.1
21.00
5526848
10
Right Issues
09-Jan-2008
1.55
15.48
275000
10
Allotment of Equity Shares To Promoter & Others
09-Jan-2008
1.55
15.48
275000
10
Allotment of Equity Shares To Promoter & Others
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
11.3349
Mutual Funds
Held by 0 Schemes
FIIs
Held by 44 FIIs (1.76%)
Promoter with highest holding
Sherisha Technologies Private Limited (53.49%)
Highest Public shareholder
Tv18 Broadcast Limited (1.07%)
Individual Investors Holdings
34.65%
Management
Designation
Remuneration
T Anil Jain
Chairman & Managing Director
84.0 lacs
Dinesh Kumar Agarwal
Director
0
T. Ramesh Dugar
Independent Director
1.1 lacs
Pillappan Amalanathan
Independent Director
1.8 lacs
Susmitha Siripurapu
Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Service Income
44.53
57.56%
Electrical Energy
12.59
16.27%
Refrigerant Gases
10.07
13.02%
Service Income
Service Income
Electrical Energy
Electrical Energy
Refrigerant Gases
Refrigerant Gases
Revenue and Profits:
Net Sales:
717 Cr
(Quarterly Results - Dec 2024)
Net Profit:
50 Cr
Industrial Gases & Fuels
INR 5,148 Cr (Mid Cap)
34.00
23
0.00%
0.38
18.35%
8.19