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Refex Industries Ltd.

BSE: 532884 Sector: Industrials
NSE: REFEX ISIN Code: INE056I01017
BSE 00:00 | 23 May 51.90 1.20
(2.37%)
OPEN

53.20

HIGH

53.20

LOW

49.00

NSE 00:00 | 23 May 52.30 1.50
(2.95%)
OPEN

53.30

HIGH

53.30

LOW

48.50

OPEN 53.20
PREVIOUS CLOSE 50.70
VOLUME 106149
52-Week high 53.20
52-Week low 10.52
P/E 5.95
Mkt Cap.(Rs cr) 80
Buy Price 49.65
Buy Qty 100.00
Sell Price 52.90
Sell Qty 192.00
OPEN 53.20
CLOSE 50.70
VOLUME 106149
52-Week high 53.20
52-Week low 10.52
P/E 5.95
Mkt Cap.(Rs cr) 80
Buy Price 49.65
Buy Qty 100.00
Sell Price 52.90
Sell Qty 192.00

Refex Industries Ltd. (REFEX) - Company History

Refex Refrigerants Limited was incorporated as Refex Refrigerants Private Limited on 13th September 2002. The Company was converted into a Public Limited Company on 30th March 2006 with the name 'Refex Refrigerants Limited'. 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 Chlorofluorocarbon's (CFC) and HCFC's that 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 2002. The company has importing this in their trading company. After seeing a growth, the company has planned to set up a refilling plant in Chennai with the technical collaboration from Kaltech Engineering and Refrigeration Pvt.Ltd., Singapore. The company has set up a refilling plant in Thiruporur near Chennai. Refex has started with a capacity of 40MT per month with one storage tank and one ISO tank. An ISO tank container is a pressure vessel complying with the International Standard Organization recommendations. The unit is designed and constructed for transportation of liquids, powders and liquefied gases on land or at sea.