IPO

Cryogenic OGS Limited IPO

BSE SME

Listed On: Jul 10, 2025 at ₹ 89.3

₹ 282000 /6000 Shares
*Min Investment

Check Allotment

03 Jul, 2025

Open Date

07 Jul, 2025

Close Date

08 Jul, 2025

Allotment Date

10 Jul, 2025

Listing Date
Cryogenic OGS IPO Issue Details
  • Issue Price ₹44-47 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 37,80,000 shares(aggregating up to ₹17.77 crore)
  • Fresh Share 37,80,000 shares(aggregating up to ₹17.77 crore)
  • Listing at BSE SME
  • List Price 89.3
  • Listing Date 2025-07-10
  • Lead Manager Beeline Capital Advisors Pvt Ltd
  • Registrar MUFG Intime India Private Limited (Link Intime)
Market Lot Size

Investors can bid for a minimum of 6000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)26000₹2,82,000
Retail(max)26000₹2,82,000
NII (min) 39,000₹4,23,000
Cryogenic OGS IPO Reservation

Cryogenic OGS IPO offers total 32,64,000 shares. Out of which NA (18.97%) allocated to QIB, 4,65,600 (14.26%) allocated to NII,10,86,400 (33.28%) allocated to RII, NA (NA%) allocated to employees and NA (28.43%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares OfferedNA (28.43%)
Market Maker Shares OfferedNA (5.05%)
QIB Shares OfferedNA (18.97%)
NII (HNI) Shares Offered4,65,600 (14.26%)
Retail Shares Offered10,86,400 (33.28%)
Total Shares Offered32,64,000 (100%)
Cryogenic OGS IPO Documents
Cryogenic OGS IPO Details


Cryogenic OGS Limited IPO is an SME IPO, priced at ₹44-47 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 37,80,000 equity shares, aggregating up to ₹17.77 crores..

The IPO bidding window is open from Jul 3, 2025 to Jul 7, 2025. The allotment is expected to be finalized on Jul 8, 2025, and the tentative listing date is Jul 10, 2025.

The minimum lot size for Retail investors is 6000 shares, with a minimum investment of ₹2,82,000. For HNIs, the minimum application size is 3 lots , amounting to ₹ 4,23,000.

Beeline Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is MUFG Intime India Private Limited (Link Intime), and

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Cryogenic OGS IPO Subscription Analysis And Details
Retail
773.70x
Total
694.90x
As onQIB / NIIRetailTotal
Shares Offered / Reserved17,91,000 / 5,40,00012,60,00025,17,000
Day 1 03-07-25 06:00 PM
3.51 / 24.30 x36.92 x24.69 x
Day 2 04-07-25 06:00 PM
12.91 / 124.42 x138.43 x99.67 x
Day 3 07-07-25 06:00 PM
209.59 / 1155.38 x773.70 x694.90 x

Total No of Applications
1,91,385
Cryogenic OGS Valuations
EPS Pre IPO ₹5.83/-
EPS Post IPO ₹4.29/-
P/E Pre IPO 8.06
P/E Post IPO 10.96
ROE 23.62%
ROCE 28.93%
RoNW 21.12%
PAT Margin 18.61%
Price to Book Value 1.70
Cryogenic OGS Company Financials
In Crs.
In Cr.
31-Mar-2531-Mar-2431-Mar-23
Assets33.8528.3524.00
Revenue33.7925.6722.71
Profit After Tax6.125.384.08
Net Worth28.9922.9017.52
Reserves & Surplus18.4922.4017.02
About Cryogenic OGS Company

Established in September 1997, Cryogenic OGS Limited produces and constructs superior quality measurement and filtration equipment for oil, gas, chemicals and allied fluid industries.

The organization specializes in pioneering and customized services for oil, gas, chemicals and allied fluid industry and offers customized solutions to address the exact requirements of its clientele.The organization offers design, process engineering, and manufacturing solutions comprising fabrication, assembly, and testing facilities.

Its product range features:
Basket Strainers: To be used in the removal of debris from pipelines, safeguarding pumps, valves, and other downstream equipment.
Air Eliminators are needed for the removal of air and other gases from liquid systems to provide true metering and proper system operation.
Prover Tanks: Employed for the calibration of the volume of flow meters to ensure exact measurement across different industrial uses.
Additive Dosing Skid: Extremely versatile System for the fully automatic and continuous Dosing of additives into the product line.
Truck Loading/Tank Wagon Loading Skid (Liquid & Gas Skid): Liquid and gas skid for measurement, control and filtration.

They employ Auto-CAD ELD software along with add-on software to design products.The manufacturing unit of the company is located in Vadodara, Gujarat over an area of 8300 Square meters.The company has acquired different registrations and certifications that strengthen its business and bring in prestigious customers. Its quality management system is certified for manufacturing and supplying Chemical Dosing Skids, Additive Dosing Skids, Basket Strainers, Air Eliminators, Gas Metering Skids, Pressure Reduction Skids, Filtration Skids, Liquid Metering Skids, Provar Tanks, Additive Injection Panels, and Batch Blending Vessels.Moreover, the manufacturing plant and operations are ISO accredited for occupational health and safety management systems and a standard environmental management system.

The company has 23 permanent staff as at March 31, 2024.

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Cryogenic OGS - Promoter(s)

Mr. Nilesh Natvarlal Patel

Mrs. Kiranben Nileshbhai Patel

Mr. Dhairya Patel

Pre Issue Share Holding : %

Post Issue Share Holding : %

Cryogenic OGS IPO - Issue Objectives
1

To Meet Working Capital Requirements

2

General Corporate Purposes

3

Public Issue Expenses

Contact Details

Cryogenic OGS

60, 61, 62, 63 POR Industrial Park, Behind Sahyog Hotel,POR, Vadodara, Gujarat, 391243

+91 98988 6713

cs@cryogenicogs.com

https://www.cryogenicogs.com/

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

cryogenic.smeipo@linkintime.co.in

https://in.mpms.mufg.com/Initial_Offer/public-issues.html