IPO Issue Details
Issue Price / Price Band₹47 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size37,80,000 shares (aggregating up to ₹17.77 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 03 Jul 2025
Subscription CloseMon, 07 Jul 2025
Anchor AllotmentWed, 02 Jul 2025
Basis of AllotmentTue, 08 Jul 2025
Initiation of RefundsWed, 09 Jul 2025
Credit of Shares to DematWed, 09 Jul 2025
Listing DateThu, 10 Jul 2025
UPI Mandate Deadline2025-07-07
Application & Investment Details
Retail — Min (2 Lots)₹2,82,000 — 6000 shares
Retail — Max (13 Lots)₹1,833,000 (13 Lots)
HNI — Min (3 Lots)₹4,23,000 — 9000 shares
EPS (Pre-IPO)₹5.83
EPS (Post-IPO)₹4.29
P/E Ratio (Pre-IPO)8.06x
P/E Ratio (Post-IPO)10.96x
Net Offer to Public35,91,000 shares (aggregating up to ₹16.88 Cr)
Reserved for Market Maker1,89,000 shares (aggregating up to ₹0.8883 Cr)
Pre-IPO Promoter Holding1,05,00,000 shares
Post-IPO Promoter Holding1,42,80,000 shares
About Cryogenic OGS Ltd.
Incorporated in September 1997, Cryogenic OGS Limited manufactures and assembles high-quality measurement and filtration equipment for industries such as oil, gas, chemicals, and related fluid sectors.The company focuses on innovative and tailored services for oil, gas, chemicals, and allied fluid industry and provides customized solutions to meet the specific needs of its customers.The company provides design, process engineering, and manufacturing solutions, including fabrication, assembly, and testing facilities.Product Portfolio:Basket Strainers: Designed for removing debris from pipelines, protecting pumps, valves, and other downstream equipment.Air Eliminators are essential for removing air and other gases from liquid systems to ensure accurate metering and efficient system operation.Prover Tanks: Used for calibrating the volume of flow meters, ensuring precise measurement in various industrial applications.Additive Dosing Skid: This is a very flexible System for the continuous and fully automatic Dosing of additives into the main product line.Truck Loading/Tank Wagon Loading Skid (Liquid & Gas Skid): Skid for liquid and gas for measurement, control, and filtration.The company's manufacturing unit is situated in Vadodara, Gujarat, spread across an area of 8300 Square meters.As of March 31, 2024, the company has 23 permanent employees.Competitive Strengths:Strong and Unique Product TechnologyExperienced Promoters, Management, and a well-trained employee baseConsistency in Quality and Service StandardsEstablished Relationships with SuppliersStable Customer Base
Objects of the Issue
Cryogenic OGS Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To Meet Working Capital Requirements
11.50
2
2 General Corporate Purposes
3.96
3
3 Public Issue Expenses
2.30
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,05,00,000 shares
Post-IPO Promoter Holding
1,42,80,000 shares