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Refex Industries Ltd.

BSE: 532884 Sector: Industrials
NSE: REFEX ISIN Code: INE056I01017
BSE 00:00 | 17 Sep 152.25 -6.40
(-4.03%)
OPEN

158.50

HIGH

161.65

LOW

151.00

NSE 00:00 | 17 Sep 151.75 -6.75
(-4.26%)
OPEN

159.05

HIGH

161.75

LOW

151.00

OPEN 158.50
PREVIOUS CLOSE 158.65
VOLUME 53320
52-Week high 173.10
52-Week low 42.55
P/E 7.49
Mkt Cap.(Rs cr) 320
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 158.50
CLOSE 158.65
VOLUME 53320
52-Week high 173.10
52-Week low 42.55
P/E 7.49
Mkt Cap.(Rs cr) 320
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

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.

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