Frick India Unlisted Share
Frick India Ltd
INE499C01012
Listing Status: DRHP Not Filed
Listed On Metropolitan Stock Exchange
About Frick India Unlisted Share
Overview of Frick India Unlisted Share
Frick India Ltd. is the largest equipment manufacturer and turnkey solution provider of industrial refrigeration and air conditioning systems in India. They provide comprehensive turnkey solutions, handling all aspects from design and manufacturing to packaging, installation, and servicing.
Frick India Ltd. was established in 1962 through a collaboration with Frick Company USA, one of the world's oldest and largest manufacturers of industrial refrigeration & air-conditioning equipment. Frick India is now independent and has diversified its operations.
Key Highlights
- Frick India boasts over 50 years of experience in delivering energy-efficient and reliable refrigeration and air-conditioning solutions in India and 50+ countries.
- The manufacturing facilities are located in Faridabad, Haryana, and are spread over a 22-acre multi-block complex.
- The Company collaborates with technology partners from the UK, Japan, the USA, and Europe to deliver cutting-edge solutions.
- It provides energy management systems for industrial refrigeration applications through Frick Energy Management System (FEMS).
- Frick India is listed on the Metropolitan Stock Exchange of India Ltd (MSEI).
- CRISIL Ratings has reaffirmed its ratings on the bank facilities of Frick India Limited - CRISIL A-/Stable (Long term borrowings) and CRISIL A1 (Short term).
Product Portfolio
The product portfolio of Frick India Limited comprises:
- Compressors
- Condensers
- Frigid Coils
- Liquid Recirculation Ammonia Pumps
- Heat Exchanger & Pressure Vessels
- Packaged Chillers
- Packaged A/C
- Plate and Blast Freezers
- Air handling and circulation units
- Ice Making Equipment
- PUF Panels: Insulated panels for temperature control.
Notable Clients
Frick India caters to a broad spectrum of industries through its products and manufacturing capabilities, including:
- Dairy and Ice Cream Industry
- Food and Agriculture Industry
- Beverages and Brewery Industry
- Chemical & Pharmaceutical Industry
- Meat, Poultry & Seafood Industry
- Air-Conditioning and Coolers Industry
- Low-Temperature Applications
Insights of Frick India Unlisted Share
Financial Snapshot
Industry Overview
- India's refrigerator compressor market was valued at US$ 1,700 million in 2022 and is projected to reach US$ 3,341 million by 2031 at a CAGR of 7.8% during 2023–2031.
- The Heating, Ventilation, and Air Conditioning (HVAC) market in India, along with intelligent building solutions, is estimated to reach Rs 1,78,000 crore (or $21.5 billion) by 2028.
- The Indian cold chain market was valued at nearly INR 1,678 billion in 2022 and is projected to grow at a CAGR of 14.3% from 2023-2028, reaching INR 3,740 billion by 2028.
The main customer base of Frick India is the dairy and food processing industry:
- India ranks 1st globally in milk production, with a total output of 230 MT in 2022-23, growing at an annual rate of 3.8%. The India Dairy Market size is estimated at 26 billion USD in 2024 and is expected to reach 35 billion USD by 2029, with a CAGR of 6.61%.
- India's food processing sector output is expected to reach $535 billion by 2025-26. The Union Cabinet has approved the Production-Linked Incentive (PLI) Scheme for enhancing India’s Manufacturing Capabilities under “Atmanirbhar Bharat”, projected to expand food processing capacity by nearly INR 30,000 Crs.
Strengths
- Strong Market Position: With over five decades in the industrial refrigeration industry and advanced equipment offerings, the company maintains an established market presence, serving customers in the dairy, food, and agriculture sectors.
- Healthy Financial Profile: The company exhibits a robust financial profile, highlighted by a large net worth of 231 Crs and comfortable debt protection metrics, such as the debt-equity ratio being 0.07.
Weaknesses
- Competition and Input Price Volatility: Facing competition from large players and unorganized entities, the company contends with volatile raw material prices, particularly steel, affecting operating margins.
- Large Working Capital Requirement: Significant gross current assets of 290 days, pose a challenge, exacerbated by delays in receivables realization and a large working capital requirement.
Investing Rationale
India's position as the top milk producer and THE second-largest producer of fruits and vegetables highlights the importance of a strong cold chain infrastructure. The growth of packaged food retail accentuates the need for the same. Moreover, the healthcare sector relies on precise temperature storage, for vaccines and biopharmaceuticals. Cold storage facilities also play a crucial role in the horticulture sector by minimizing post-harvest losses and enabling export expansion. Thus, Frick India plays a vital role in addressing India's essential requirement for efficient cold chain infrastructure, particularly crucial for its healthcare, and agricultural sectors.
Frick India Unlisted Share Price Journey
Frick India Limited's shares were listed on April 18, 2021, at an initial price of INR 4000 per share. The share price dropped to its lowest point on May 24, 2023, reaching INR 3540 per share. The notable surge in share price from 3433 to 16000 (approx. 350%) between March 31st 2023, and March 23rd 2024, was driven by robust revenue growth and excellent financial performance.
Financial Charts of Frick India Unlisted Share
Balance Sheet of Frick India Unlisted Share
Profit and Loss of Frick India Unlisted Share
Ancillary of Frick India Unlisted Share
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of Frick India Unlisted Share
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How to buy Frick India Ltd?
Below are three ways through which you can purchase Frick India Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy Frick India Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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How to sell Frick India Ltd?
Below are three ways through which you can sell Frick India Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell Frick India Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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What is the price of Frick India Ltd?
We provide a two way quote on all the shares we deal in. Your buy price for Frick India Ltd is ₹3566 and your sell price for Frick India Ltd is ₹3200. The price is based on our estimates and market conditions.
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What is the lock-in period of Frick India Ltd?
The lock-in period for Frick India Ltd varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Frick India Ltd
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Frick India Ltd
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
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How is the Frick India Ltd price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Frick India Ltd. The price is also determined from the most recent funding round for Frick India Ltd. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
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What are the lot sizes of Frick India Ltd?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Frick India Ltd with us kindly click here.
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What are the financials of Frick India Ltd?
The financials of Frick India Ltd which includes the P/L of Frick India Ltd and the Balance Sheet of Frick India Ltd is in the financials section (Click on link).
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Where can I find the annual report of Frick India Ltd?
The annual report of Frick India Ltd is available in the annual report section (Click on link).
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Is buying Frick India Ltd legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
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Short-term Capital Gain taxes to be paid on Frick India Ltd?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
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Long-term Capital Gain taxes to be paid on Frick India Ltd and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
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Applicability of Taxes on Frick India Ltd once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source Frick India Ltd?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying Frick India Ltd from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
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