Cryogenic OGS Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,791,000 (47%) | — | ₹842 Cr |
| NII (HNI) | — | 540,000 (14%) | — | ₹254 Cr |
| Retail | — | 1,260,000 (33%) | — | ₹592 Cr |
| Market Maker | — | 189,000 (5%) | — | ₹9 Cr |
| Σ Total | — | 3,780,000 (100%) | — | ₹17,766 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹141,000 |
| Retail (Max) | 13 | 39,000 | ₹1,833,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,974,000 |
| B-HNI (Min) | 67 | 201,000 | ₹9,447,000 |
Financial Statements Amount In Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 34 | 26 | 23 |
| EBITDA | 8 | 6 | 6 |
| Profit After Tax | 6 | 5 | 4 |
| Net Worth | 29 | 23 | 18 |
| Total Assets | 34 | 28 | 24 |
| Reserves & Surplus | 18 | 22 | 17 |
| Total Borrowing | 0 | 0 | 0 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To Meet Working Capital Requirements – 11.50
- 2 General Corporate Purposes – 3.96
- 3 Public Issue Expenses – 2.30
Company Overview
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 Technology
- Experienced Promoters, Management, and a well-trained employee base
- Consistency in Quality and Service Standards
- Established Relationships with Suppliers
- Stable Customer Base