Blue Ice

What Blue Ice does

Blue Ice Puf Panels and Refrigeration (d/b/a Blue Ice India) is an Ahmedabad-based private company founded in 1999 that designs, manufactures, and installs cold storage rooms, prefabricated PUF (polyurethane foam) panels, modular cold rooms, and industrial refrigeration systems for customers across India and Nepal. The company's product portfolio spans 14+ SKUs including modular cold rooms, walk-in chillers/freezers, refrigeration units, ripening chambers, blast freezers/chillers, pre-cooling chambers, incubation chambers, multi-commodity warehouses with zoned temperature control, controlled atmosphere chambers (with CO2/O2 scrubbers), high/low relative humidity cold storage, and purpose-built potato cold storage. Underlying technology centers on in-house manufacturing of cyclopentane-blown PUF panels and the integration of VFD compressors, IoT-enabled temperature/humidity monitoring with cloud dashboards, microprocessor controllers (±1°C precision), and Class O fire-rated insulation. The company is led by CEO Kalpesh Bhuva, who brings over 25 years of cold-chain expertise.

The firm operates a project-based business model with no public pricing list; quotes are issued per spec. Disclosed project benchmarks range from approximately ₹50-80 lakh for a 500 MT facility to ₹4-7 crore for a 5,000 MT turnkey cold storage, with standard tiers at INR 1,500-3,000 per MT and pharmaceutical-grade units at INR 5,000 per MT. Revenue streams combine (1) hardware sales of PUF panels and refrigeration units, (2) turnkey cold-storage project execution (design, fabrication, installation, commissioning), (3) ongoing after-sales AMC and 24/7 monitoring, and (4) project consulting (feasibility, DPR, layout, equipment selection). Go-to-market is direct enterprise field sales with a sales-led motion via website quote/contact CTAs, supported by content marketing and trade-show participation.

The customer base is diversified across five primary use-case segments — agriculture and horticulture, pharmaceutical and healthcare, food processing and dairy (the most active segments), plus logistics/supply chain and fruit traders/exporters — and spans named customers such as Parth Food, Khushboo Cool Product, Katson Logistics, Jalaram Agriexports, Samudra Foods, and Maruti Spintex. The company serves 2,500+ clients cumulatively, holds ISO 9001:2015 certification, operates a manufacturing facility at Narol, Ahmedabad alongside its Nikol headquarters, and runs a regional office in Kathmandu, Nepal. No funding rounds, M&A activity, or institutional investors are disclosed.

Name

Blue Ice

Legal name

Blue Ice Puf Panels and Refrigeration

Website

https://blueiceindia.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Blue Ice India designs, manufactures, and installs PUF-panel cold storage rooms, modular cold rooms, and industrial refrigeration systems for agriculture, pharmaceutical, food processing, dairy, and logistics customers across India and Nepal.

Ownership category

akta.pro rank

Headquarters

HQ city

Ahmedabad

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Revenue model

1. Cold Storage Equipment Manufacturing: Manufacturing and selling PUF panels, refrigeration units, evaporators, and other cold storage components. Products include modular cold rooms, walk-in chillers/freezers, blast freezers, and specialized chambers.
2. Turnkey Cold Storage Project Execution: End-to-end project delivery including design, fabrication, installation, and commissioning of cold storage facilities. Covers multi-commodity warehouses, controlled atmosphere chambers, ripening chambers, and specialized cold storage solutions.
3. After-Sales Service and AMC: Ongoing maintenance, emergency support, and service contracts (AMC) for installed cold storage facilities. Includes spare parts, preventive maintenance, and 24/7 monitoring support.
4. Project Consulting: Feasibility analysis, DPR preparation, layout design, equipment selection, and technical consulting for cold storage projects across various industries.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

No source material was provided for this company; the input block contained no extractable content.

Product overview

Blue Ice India offers a comprehensive cold storage and refrigeration product ecosystem comprising modular cold rooms, PUF panels, refrigeration units, and specialized chambers. The product portfolio includes ripening chambers for bananas, blast freezers/chillers for rapid cooling, incubation chambers for dairy processing, multi-commodity warehouses with temperature zoning, controlled atmosphere chambers with gas regulation, and purpose-built potato cold storage. They provide turnkey solutions from design through installation and offer project consulting services. The portfolio spans from prefabricated modular units (Modular Cold Rooms) to industrial-scale facilities (Multi-Commodity Cold Storage Warehouses) and includes complementary products like PUF insulated panels and refrigeration units that form the core infrastructure of their cold storage systems.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Energy savings of 25-30% through high-density PUF insulation and VFD compressors
• +3 more outcomes

Named customers16 records

Segments5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Blue Star: Blue Star is one of India's largest air conditioning and commercial refrigeration companies with a dedicated industrial refrigeration and cold-chain business. Comparable as a broad-line incumbent competing with Blue Ice for cold storage and commercial refrigeration customers across India.
• Voltas: Voltas is a major Indian HVAC and refrigeration manufacturer with extensive industrial refrigeration product lines, including cold rooms and chillers. Comparable as a much larger broad-line incumbent operating across India's commercial and industrial refrigeration market where Blue Ice also competes.
• Godrej & Boyce: Godrej & Boyce's appliances and industrial solutions divisions include refrigeration and cold-chain equipment for Indian food processing and retail customers. Comparable as a large, diversified Indian incumbent with adjacent cold-chain equipment offerings and deeper capital than Blue Ice.
• Carrier India: Carrier operates a large commercial and industrial refrigeration business in India, including cold-room and cold-chain solutions. Comparable as a global incumbent with established Indian distribution, brand equity, and capital that competes with Blue Ice in cold storage and refrigeration equipment.
• Danfoss India: Danfoss is a global refrigeration components and systems manufacturer with a significant Indian presence, supplying compressors, valves, and controls. Comparable as a broad-line incumbent in the Indian refrigeration ecosystem, both as a potential competitor and a key component supplier for cold-storage integrators like Blue Ice.
• GEA Group: GEA is a global industrial refrigeration and cold-chain equipment supplier with significant presence in food processing and dairy. Comparable as a global broad-line incumbent serving the same food, dairy, and beverage end-markets Blue Ice targets in India with much larger scale and capital.

Regional players

• Snowman Logistics: Snowman Logistics is one of India's largest temperature-controlled warehousing and cold-chain logistics operators. Comparable as an India-focused cold-chain player, but with a logistics/asset-operator model rather than Blue Ice's equipment manufacturing and turnkey project model.
• ColdEx Logistics: ColdEx Logistics is an India-based temperature-controlled logistics and warehousing company serving food and pharma supply chains. Comparable as a domestic cold-chain player serving overlapping Indian end-markets, though operating a logistics/asset model rather than equipment integration.

Direct peers

• Ecozen Solutions: Ecozen Solutions is an Indian climate-smart deep-tech company building integrated cold chain and solar solutions, including solar cold storage for horticulture and dairy. Directly comparable to Blue Ice as an India-based cold-chain equipment and turnkey solutions provider serving agri and dairy customers.
• Inficold: Inficold is an India-based cold chain technology company specializing in solar-powered cold storage for agriculture and dairy. Comparable to Blue Ice in serving similar Indian agri/horticulture customers with turnkey cold storage and refrigeration equipment offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Blueiceindia
• LinkedInlinkedin.com/company/blue-ice-puf-panels-and-refrigeration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Blue Ice