Oval Projects Engineering IPO
Oval Projects Engineering is a BSE SME IPO listed on the BSE SME platform, priced at ₹80–₹85 per share. The stock debuted at ₹85.25 with a flat listing performance. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹2,72,000.
Oval Projects Engineering Limited IPO
- IPO Dates
- Aug 28, 2025 – Sep 1, 2025
- Price band
- ₹80-85 per equity share
- Minimum Investment
- ₹2,72,000
- Issue size
- ₹46.74 Cr
- Lot size
- 1600
- Allotment Date
- Sep 2, 2025
- Listing
- Sep 4, 2025
- Listing At
- BSE SME
IPO timeline
-
Aug 28, 2025
Open Date
Completed
-
Sep 1, 2025
Close Date
Completed
-
Sep 2, 2025
Allotment Date
Completed
-
Sep 4, 2025
Listing Date
Completed
Oval Projects Engineering IPO Subscription Details
View Subscription DetailsOval Projects Engineering IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Oval Projects Engineering IPO Essentials
Oval Projects Engineering IPO Details
Oval Projects Engineering IPO is priced at ₹80-85 per share with a total issue size of 46.74 crore. The IPO has a lot size of 1600 shares and is listed on BSE SME.
- Issue price
- ₹80-85 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 54,99,200 shares(aggregating up to ₹46.74 Cr)
- Total issue size
- 54,99,200 shares
(aggregating up to ₹46.74 crore) - Fresh issue
- 54,99,200 shares
(aggregating up to ₹46.74 crore) - Listing at
- BSE SME
- List price
- 85.25
- Listing date
- Registrar
- MAS Services Limited
- Lead manager
-
SMC Capitals Limited
Market Lot Size
Investors can bid for a minimum of 3200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 3200 | ₹2,72,000 |
| Individual(max) | 2 | 3200 | ₹2,72,000 |
| NII (min) | 3 | 4,800 | ₹4,08,000 |
Oval Projects Engineering IPO Reservation
Oval Projects Engineering IPO reservation details show category-wise allocation of shares. Out of the total 54,99,200 shares, approximately 11.35% are reserved for QIB, 26.19% for NII, 39.92% for retail investors, 5.53% for market maker, and 17.02% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 9,36,000 (17.02%) | |
| Market Maker Shares Offered | 3,04,000 (5.53%) | |
| QIB Shares Offered | 6,24,000 (11.35%) | |
| NII (HNI) Shares Offered | 14,40,000 (26.19%) | |
| bHNI > ₹10L | 6,56,000 (11.93%) | 200 |
| sHNI < ₹10L | 4,80,000 (8.73%) | 100 |
| Individual Shares Offered | 21,95,200 (39.92%) | 686 |
| Total Shares Offered | 54,99,200 (100%) |
Oval Projects Engineering IPO Analytics
Oval Projects Engineering IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Oval Projects Engineering IPO Subscription Status
Oval Projects Engineering IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 0.94x, indicating moderate demand across investor categories.
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 6,24,000 / 14,40,000 | 21,95,200 | 42,59,200 |
|
Day 1
28-08-25 06:00 PM
|
(2.88 / 0.31) x | 0.13 x | 0.59 x |
|
Day 2
29-08-25 06:00 PM
|
(2.88 / 0.29) x | 0.31 x | 0.68 x |
|
Day 3
01-09-25 06:00 PM
|
(6.21 / 0.86) x | 0.83 x | 1.57 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 447 (Approx) | 0x | 0x | 0x |
Oval Projects Engineering Valuations
Earnings
- EPS Pre IPO
- ₹6.11/-
- EPS Post IPO
- ₹4.49/-
- P/E Pre IPO
- 13.91
- P/E Post IPO
- 18.92
Returns
- ROE
- 20.85%
- ROCE
- 21.32%
- RoNW
- 20.85%
- PAT Margin
- 9.12%
Fundamentals
- Price / Book
- 2.67
Oval Projects Engineering Financials( In Crs.)
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 156.23 | 103.80 | 82.25 |
| Revenue | 103.44 | 78.99 | 64.09 |
| Profit After Tax | 9.33 | 4.40 | 3.19 |
| Net Worth | 55.88 | 33.67 | 17.75 |
| Reserves & Surplus | 40.61 | 20.00 | 17.68 |
| Total Borrowing | 53.70 | 32.41 | 32.21 |
Oval Projects Engineering Company & Offer Insights
About Oval Projects Engineering
Founded in 2013, Oval Projects Engineering Limited is an infrastructure development firm with expertise in the Oil & Gas, City Gas Distribution, Urban Development, and Energy verticals in India.It is a specialist in upstream, midstream, and downstream operations in the Oil and Gas industry, such as pipeline laying, processing plants, CGS jobs, and O&M services for power plants and EPC jobs.
The firm provides turnkey solutions across upstream, midstream, and downstream segments, with extensive coverage in areas such as Agartala, Tripura, and several other locations across the country.The firm has successfully completed more than 900 km of pipeline installations and continues to work on diverse projects in the Oil &; Gas and Power sectors.
Business Segment:
Oil & Gas Infrastructure: Oil & Gas Infrastructure vertical of the company specializes in the development and implementation of gas processing plants, oil/petrochemical terminals for storage, pipeline laying, and building distribution infrastructure.
Oil and Gas Operation and Maintenance: The company offers O&M solutions to CGD firms and government sector companies, such as pipeline rehabilitation, maintenance, planned shutdowns, and operation and management of gas genset power plants and CNG stations.
Special Infrastructure projects: The firm acquired civil infrastructure expertise in oil and gas plant projects, undertaking specialized works. It now undertakes technical infrastructure projects that are government-funded, World Bank-funded, and ADB-funded.
As of March 31, 2025, the company employed 123 on-roll staff.
Oval Projects Engineering Promoter(s)
Goutam Debnath are the company's promoters of Oval Projects Engineering.
Oval Projects Engineering IPO Issue Objectives
- •
- Utilization towards long-term working capital requirements of our Company
- •
- General Corporate Purposes
Contact Information
Contact Details
Oval Projects Engineering
+91-7085049473
House No. 451568, Milan Chakra, (Near Prajapita Brahmakumari Center) Badharghat, P.O. A.D. Nagar Agartala, Tripura, 799003
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Oval Projects Engineering IPO is a book-built IPO worth ₹46.74 crore. The price band is ₹80–₹85 per share. The IPO opens on Aug 28, 2025 and closes on Sep 1, 2025. It will be listed on BSE SME Platform. MAS Services Limited is the registrar.
The price band of Oval Projects Engineering IPO is ₹80 to ₹85 per share.
The lot size of Oval Projects Engineering IPO is 1600 shares.
The minimum investment for Oval Projects Engineering IPO is approximately ₹2,72,000 based on the upper price band .
Oval Projects Engineering IPO opens on Aug 28, 2025 and closes on Sep 1, 2025.
The allotment date of Oval Projects Engineering IPO is Sep 2, 2025.
Oval Projects Engineering IPO is expected to be listed on Sep 4, 2025, on BSE SME Platform.
Oval Projects Engineering IPO valuation snapshot: P/E 18.92, EPS ₹4.49/-, P/B 2.67, RoNW 20.85%, and market cap N/A.
To apply for Oval Projects Engineering IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Oval Projects Engineering IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Oval Projects Engineering IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Oval Projects Engineering IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Oval Projects Engineering IPO allotment status on IPO Ji for quick and easy access.