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Cryogenic OGS IPO

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BSE 03 July - 07 July 2025
Cryogenic OGS Limited IPO is a book build issue of 17.77 Cr. The issue is entirely a fresh issue of 3780000 shares aggregating to 17.77 Cr. Cryogenic OGS Limited IPO opened for subscription on Jul 03, 2025 and closed on Jul 07, 2025. The allotment for the this IPO was finalized on Jul 08, 2025. IPO was listed on NSE and BSE on Jul 10, 2025. Cryogenic OGS Limited IPO is set issue price band at ₹44 to ₹47 per share.

Current GMP

₹38 (+80.85%)

Price Band

₹ 44 – 47

Lot Size

3000

Issue Size

₹17.77 Cr

Minimum Investment

₹282000 (6000 Shares)

Listing Date

10 July 2025

Subscription

695.02x

About the Company

Founded in September 1997 and headquartered in Vadodara, Gujarat, Cryogenic OGS Limited is a specialized engineering company providing advanced measurement, filtration, and dosing solutions for the oil, gas, chemical, and fluid process industries. The company operates from an ISO-certified 8,300 sq. meter facility, offering comprehensive design, engineering, fabrication, assembly, and testing services.

With a strong emphasis on customized and technology-driven solutions, Cryogenic OGS leverages in-house engineering expertise and software tools like AutoCAD ELD to deliver highly precise and reliable systems tailored to client requirements.

Product Portfolio

  • Basket Strainers: Designed to remove solid contaminants from pipelines, ensuring protection of downstream equipment like pumps and valves.
  • Air Eliminators: Remove air and entrained gases to maintain system accuracy and efficiency.
  • Prover Tanks: Used to calibrate flow meters, ensuring precise measurement and compliance in metering systems.
  • Additive Dosing Skids: Fully automated systems for the accurate and continuous dosing of additives into product lines.
  • Truck/Tank Wagon Loading Skids (Liquid & Gas): Turnkey skids for metering, control, and filtration during bulk fluid transfer operations.

Business Highlights
Cryogenic OGS holds fabrication certifications from DNV, affirming its adherence to international quality standards. As of March 31, 2024, the company has a workforce of 23 permanent employees and an active domestic bid pipeline exceeding INR 28.37 crore, with 9 international bids totaling INR 26.76 crore currently in process.

Global Expansion
To strengthen its global footprint, Cryogenic OGS has formed a strategic partnership with KMC Oil and Gas Equipment LLC in Abu Dhabi, targeting the Gulf Cooperation Council (GCC) markets with a focus on high-quality engineered systems.

Key Strengths

  • Proprietary product technologies and engineered customization
  • Experienced leadership and skilled technical workforce
  • Consistent delivery of quality and performance
  • Strong supplier network and enduring customer relationships
  • Niche expertise and stable market presence

With over two decades of specialized experience and a growing global outlook, Cryogenic OGS continues to build on its legacy of engineering excellence in fluid management systems.

Promoters

  1. Mr. Nilesh Natvarlal Patel
  2. Mrs. Kiranben Nileshbhai Patel 
  3. Mr. Dhairya Patel
Promoters Holding

Holding Pre Issue

100.00%

Holding Post Issue

73.53%

Objects of the Issue

The Company Cryogenic OGS IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. To Meet Working Capital Requirements 
  2. General Corporate Purposes  
  3. Public Issue Expenses

Address / Contact Info

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

Phone: +91 98988 6713
Email: cs@cryogenicogs.com
Website: https://www.cryogenicogs.com/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 44 – 47
Lot Size3000
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 17.77 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 17.77 Cr
Listing AtBSE
Industry
Sector
QIB Quota28.49%
Retail Quota50.06%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Cryogenic OGS IPO is a Book-building IPO worth ₹17.77 crores. The price band is ₹44 to 47 per share. The IPO opens on Thu, Jul 3, 2025 and closes on Mon, Jul 7, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.

The Cryogenic OGS IPO opens on Thu, Jul 3, 2025 and closes on Mon, Jul 7, 2025

Cryogenic OGS IPO Price Band is ₹44 to 47.

Cryogenic OGS IPO lot size is 3000, and the minimum amount required for application is ₹282000.

The minimum investment for Cryogenic OGS IPO is approximately ₹282000 based on the upper price band.

To apply for the Cryogenic OGS IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Jul 7, 2025. After submission, funds are blocked until the basis of allotment of Cryogenic OGS IPO is finalised.

Cryogenic OGS IPO issue size is ₹17.77 crores.

Cryogenic OGS IPO allotment date is Sat, Jun 27, 2026.

The registrar for Cryogenic OGS IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Cryogenic OGS IPO through their official website or helpline.

The Cryogenic OGS IPO GMP (Grey Market Premium) is ₹38 as of Thu, Jul 10, 2025. Based on the upper price band of ₹47 per share, the estimated Cryogenic OGS IPO listing price is ₹85, indicating a potential listing gain of approximately 31% over the issue price.