Cryogenic OGS IPO is a bookbuilding of ₹17.77 crores. The issue is entirely a fresh issue of 37.80 lakh shares.
Cryogenic OGS IPO bidding opened for subscription on July 3, 2025 and will close on July 7, 2025. The allotment for the Cryogenic OGS IPO is expected to be finalized on Tuesday, July 8, 2025. Cryogenic OGS IPO will be list on BSE SME with a tentative listing date fixed as Thursday, July 10, 2025.
Cryogenic OGS IPO price band is set at ₹44 to ₹47 per share. The minimum lot size for an application is 3000. The minimum amount of investment required by retail investors is ₹1,32,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹2,82,000. The minimum lot size investment for HNI is 3 lots (9,000 shares) amounting to ₹4,23,000.
Incorporated in September 1997, Cryogenic OGS Limited is engaged in the manufacturing and assembly of high-quality measurement and filtration equipment, catering primarily to the oil, gas, chemical, and allied fluid industries. The company specializes in delivering innovative and customized solutions tailored to the specific requirements of its clients. Its comprehensive offerings include design, process engineering, fabrication, assembly, and testing services.
Cryogenic OGS’s product portfolio features a range of advanced equipment such as Basket Strainers for debris removal and pipeline protection, Air Eliminators for extracting air and gases from liquid systems to ensure accurate metering, and Prover Tanks used in calibrating flow meters for precise industrial measurement.
The company also offers Additive Dosing Skids for automatic dosing of additives into product lines and Truck/Tank Wagon Loading Skids for both liquid and gas applications that facilitate measurement, control, and filtration. The company’s manufacturing facility is located in Vadodara, Gujarat, and spans an area of 8,300 square meters.
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.