Cryogenic OGS IPO

Incorporated in September 1997, Cryogenic OGS Limited specialises in manufacturing and assembling advanced measurement and filtration systems for industries such as oil, gas, chemicals, and related fluid sectors. Based in Vadodara, Gujarat, with a facility spread over 8,300 sq. m., the company delivers customised engineering, fabrication, and testing solutions. Its product range includes basket strainers, air eliminators, prover tanks, additive dosing skids, and liquid and gas loading skids. With 23 permanent employees, Cryogenic OGS is backed by experienced leadership, strong supplier ties, and a stable customer base.

Cryogenic OGS Limited IPO Overview

Cryogenic OGS IPO is a book-built issue amounting to ₹17.77 crore, consisting entirely of a fresh issue of 37.80 lakh equity shares. The IPO opens for subscription on July 3, 2025, and closes on July 7, 2025. Allotment is expected to be finalised on July 8, with the shares likely to be listed on the BSE SME platform on July 10, 2025. The price band is set between ₹44 and ₹47 per share, with a minimum lot size of 3,000 shares. Retail investors are required to invest a minimum of ₹1,32,000, though bidding at the cutoff price—approximately ₹1,41,000—is recommended due to likely oversubscription. HNI investors must apply for at least two lots, totalling ₹2,82,000. Beeline Capital Advisors Pvt Ltd is the book-running lead manager for the issue, while MUFG Intime India Private Limited (Link Intime) serves as the registrar. Spread X Securities Private Limited acts as the market maker.

Cryogenic OGS Limited IPO Details

Cryogenic OGS Limited IPO Reservation

Cryogenic OGS Limited IPO Lot Size

Cryogenic OGS Limited IPO Promoter Holding

Promoters: Mr. Nilesh Natvarlal Patel, Mrs. Kiranben Nileshbhai Patel, and Mr. Dhairya Patel

Cryogenic OGS Limited IPO Valuation Overview

Objectives of the Proceeds

• To meet working capital requirements – ₹11.50 crore

• General corporate purposes

• Public issue expenses

Key Financials (₹ in Crores)