Who owns Frick India Limited?

Frick India Limited is a subsidiary of Frick USA, which is part of the Johnson Controls family of companies. Johnson Controls is a global leader in building technologies and HVAC with operations across 150+ countries. The promoters listed include Mr. Jasmohan Singh among others.

Where is Frick India Limited headquartered?

Frick India's manufacturing and operational headquarters are in Faridabad, Haryana, while its registered office is in New Delhi. The CIN is U29191DL1977PLC008691.

What is Frick India's connection to Johnson Controls?

Frick India Limited is part of the Johnson Controls family of companies through its parent Frick USA. Johnson Controls acquired the Frick brand as part of its broader HVAC and refrigeration portfolio. The company benefits from Frick's globally recognized technology in industrial refrigeration, including screw compressors and ammonia refrigeration systems.

How do I buy Frick India unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Frick India?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Frick India shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Frick India Unlisted Share Price | Buy Frick India Pre-IPO Shares — wisefolio

Pros

Frick India is a subsidiary of Frick USA, which is part of Johnson Controls — a Fortune 500 global leader in HVAC and building technologies with revenues exceeding $22 billion globally
Operates in industrial refrigeration and HVAC — a high-demand sector critical for cold chain, food processing, pharmaceuticals, and industrial applications in India
Established operational history dating back to 1962 in Faridabad, Haryana, with decades of manufacturing experience in India
Backed by the global technology and product portfolio of Johnson Controls / Frick brand, known for screw compressors, centrifugal chillers, and industrial refrigeration systems

Cons

Being an unlisted subsidiary of a foreign MNC, financial data is not publicly disclosed, limiting investor transparency
Dependent on parent company (Johnson Controls) for technology and strategic direction, limiting independent business decisions
Share price of ₹1,700 with no clear market cap data makes it difficult to assess fair value for minority investors

Business Segments

Industrial Refrigeration

Design, manufacture and supply of industrial refrigeration systems including ammonia refrigeration compressors, packages, and complete refrigeration plants for food processing, cold storage, and industrial use

HVAC & Chillers

Commercial and industrial HVAC systems and centrifugal chillers for large-scale commercial and process cooling applications

Revenue Model

Frick India generates revenue through the manufacture and sale of industrial refrigeration equipment and HVAC systems. The company also earns from after-sales service, spare parts, and maintenance contracts for its installed base across India's cold chain, food processing, pharmaceutical, and petrochemical industries.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds8

Growth Plans

India's cold chain market growing at ~15% CAGR driven by food processing, pharma, and retail sectors

Government push for cold storage infrastructure under schemes like PM Kisan Sampada Yojana

Growing demand for industrial refrigeration in pharmaceutical manufacturing (vaccine cold chains, API storage)

Industry Tailwinds

India's cold chain market growing at ~15% CAGR driven by food processing, pharma, and retail sectors

Recent Developments

Company benefits from India's cold chain expansion drive

Frick India continues to serve India's growing industrial refrigeration market, benefiting from cold chain infrastructure investments across food processing and pharmaceuticals.

2024

Comparable Companies

CompanyTypeTickerMkt Cap

Kirloskar Pneumatic CompanyListedKIRLPNU~2,500 Cr

Blue Star LimitedListedBLUESTAR~18,000 Cr

Voltas LimitedListedVOLTAS~35,000 Cr

Kirloskar Pneumatic CompanyListed

KIRLPNU · ~2,500 Cr

Frequently Asked Questions

Frick India Limited is a manufacturer of industrial refrigeration and HVAC equipment. The company produces industrial refrigeration systems including ammonia-based refrigeration compressors, packages, and chillers used in food processing, cold storage, pharmaceuticals, petrochemicals, and other industrial applications. It is the Indian subsidiary of Frick USA, which is part of the Johnson Controls group.

About Frick India

Frick India Limited is a well-established industrial refrigeration and HVAC (Heating, Ventilation, and Air Conditioning) equipment manufacturer, incorporated in 1977 in Delhi. The company manufactures industrial refrigeration systems, compressors, cooling towers, and related equipment for food processing, cold storage, chemical, and industrial applications. Frick India has operated as a technology licensee and manufacturer serving India's growing cold chain and industrial refrigeration market. With CIN U29191DL1977PLC008691, Frick India has approximately 45+ years of operations in India's engineering sector. The company's products are critical for food processing plants, pharmaceutical cold rooms, beverage industries, and large industrial cooling applications. As India's cold chain infrastructure expands — driven by food processing growth, pharmaceutical exports, and agricultural produce preservation — industrial refrigeration remains a growing market. Frick India serves a specialized B2B customer base including food and beverage companies, industrial plants, and cold storage operators. The company competes in the industrial refrigeration segment with domestic and multinational peers.

Key Milestones

Founded in 1962 in Faridabad, Haryana as an industrial refrigeration equipment manufacturer

Incorporated as a company in 1977 under CIN U29191DL1977PLC008691

Common questions about unlisted shares

How do I buy Frick India unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?
Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

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