Cryogenic OGS IPO Details
The Cryogenic OGS IPO is a book build issue with a total issue size of ₹17.77 cr, comprising of fresh issue of 3780000 equity shares. Cryogenic OGS IPO opened for subscription on Jul 03, 2025 and closed on Jul 07, 2025. Cryogenic OGS IPO is set price band at ₹44 to ₹47 per share, with a lot size of 3000 shares. Minimum investment for Retail investors was ₹282,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jul 08, 2025, and listed on both the NSE and BSE on Jul 10, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. Beeline Capital Advisors Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Cryogenic OGS IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 44 – 47
- Lot Size
- 3000
- Issue Size
- ₹17.77 Cr
- Minimum Investment
- ₹282000 (6000 Shares)
- Listing Date
- 10 July 2025
Current GMP
₹38 (+80.85%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Cryogenic OGS Limited
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.
Cryogenic OGS IPO Promoters
- Mr. Nilesh Natvarlal Patel
- Mrs. Kiranben Nileshbhai Patel
- Mr. Dhairya Patel
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.53%
Cryogenic OGS IPO Objective
The Company Cryogenic OGS IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- To Meet Working Capital Requirements
- General Corporate Purposes
- 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
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
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 with a total issue size of ₹17.77 crore. The Cryogenic OGS IPO price band is ₹44 to 47 per share. The Cryogenic OGS IPO subscription opens on Thu, Jul 3, 2025, and closes on Mon, Jul 7, 2025. The Cryogenic OGS IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Cryogenic OGS IPO.
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 per share.
Cryogenic OGS IPO lot size is 3000 shares, Retail investors need a minimum investment of ₹282000 based on the upper price band
The minimum investment for Cryogenic OGS IPO is ₹282000, based on one lot of 3000 shares at the upper price band of ₹47 per share.
Investors can apply for the Cryogenic OGS IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jul 7, 2025. The application amount remains blocked until the Cryogenic OGS IPO allotment is finalized.
Cryogenic OGS IPO issue size is ₹17.77 crores.
Cryogenic OGS IPO allotment date is Wed, Jul 1, 2026.
The registrar for Cryogenic OGS IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Cryogenic OGS IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.