Overview

Frick India, an ISO-certified company formed in 1962, is a global leader in manufacturing and a turnkey solutions provider for all industrial refrigeration applications. Their biggest strength lies in its state-of-the-art manufacturing unit located in Delhi-NCR, backed by in-house R&D, machining, quality assurance, and automation facilities that ensure energy-efficient and reliable refrigeration systems in India and 50 other countries across the world. 

They have high-quality products, innovative designs, and modern manufacturing methods that provide unmatched quality and reliable solutions in varied sectors, like Dairy, Seafood, Meat, Food Processing, Chemicals, Beverages, and many more. The company's performance can be checked through observing the Frick India Ltd share price. For those interested in investing, the Frick India share price today might offer some insight into short-term movements, while the Frick India share price target can provide expectations for future growth.

Products

• Compressors

• Condensers

• Frigid Coils

• Liquid Recirculation Ammonia Pumps

• Heat Exchangers & 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.

Board of Directors

• Mr. Jasmohan Singh, Managing Director

• Ms. Gurleen Kaur, Non-Executive Directors

• Ms. Jasleen Kaur Queenie Singh, Non-Executive Directors

• Mr. Ramesh Chandra Jain, Independent Directors

• Dr. Govindarajula Bhaskara Rao, Independent Directors

• CA. Divaker Jagga, Independent Directors

• Mr. Harbhajan Singh, Independent Directors

• Mr. Vidyanidhi Dalmia, Independent Directors

• Mr. Suresh Chandra, Independent Directors

IPO Details

As of now, Frick India Limited has not provided any information regarding the IPO plans. Nevertheless, you can monitor the Frick India Ltd share price to keep an eye on any indication of upcoming market events.

Dividend Details

The Board of Directors recommended a dividend @ 40% p.a., i.e., Rs. 4 Per Share for the year ended 31st March 2024 on the 5,99,975 Equity Shares of face value of Rs. 10/- each.

Bonus Issue

Frick India Declared 9 Bonus Equity Shares for Every 1 Equity Shares. This could impact the Frick India Ltd unlisted shares as well, so it’s worth keeping an eye on both the listed and unlisted share price movements.

Subsidiaries

During the year under review, no Company has become or ceased to be a subsidiary, joint venture, or associate of the Company.

Registered Office

The Registered office of Frick India Limited is in Faridabad, Haryana, India.

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 the Frick Energy Management System (FEMS).

• Frick India is listed on the Metropolitan Stock Exchange of India Ltd (MSEI).