Cryogenic OGS Ltd IPO logo

Cryogenic OGS IPO

  • Status: Closed
  • RHP:
  • ₹ 264,000 / 6000 shares

    Minimum Investment

IPO Details

  • Open Date

    03 Jul 2025

  • Close Date

    07 Jul 2025

  • Listing Date

    10 Jul 2025

  • IPO Price Range

    ₹ 44 to ₹47

  • IPO Size

    ₹ 16.88 Cr

  • Listing Exchange

    BSE SME

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Cryogenic OGS IPO Subscription Status

Last Updated: 07 July 2025 6:17 PM by 5paisa

Cryogenic OGS Limited is set to launch its IPO on July 3, 2025. Incorporated in 1997, the company is engaged in the manufacturing and assembly of high-quality measurement and filtration equipment for industries such as oil, gas, chemicals, and related fluid sectors.
The company focuses on providing tailored solutions through design, process engineering, fabrication, assembly, and testing facilities. Their manufacturing unit is located in Vadodara, Gujarat, spread across 8,300 square metres.

Established in: 1997
Managing Director: Mr. Nilesh Natvarlal Patel

Peers

Loyal Equipment Limited    

Objectives

The company plans to utilise the IPO proceeds towards:

Meeting working capital requirements
General corporate purposes
 

Cryogenic OGS IPO Size

Types Size
Total IPO Size ₹16.88 Cr
Offer For Sale -
Fresh Issue ₹16.88 Cr

 

Cryogenic OGS IPO Lot Size

Application Lots Shares Amount
Retail (Min) 2 6,000 ₹2,64,000
Retail (Max) 2 6,000 ₹2,64,000
HNI (Min) 3 9,000 ₹3,96,000

Cryogenic OGS IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 209.59 7,17,000 15,02,79,000 706.31
NII (HNI) 1,155.38 5,40,000 62,39,07,000 2,932.36
Individual Investors (IND category bidding for 2 Lots)     773.70 12,60,000 97,48,68,000 4,581.88
Total** 694.90 25,17,000 1,74,90,54,000 8,220.55

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY24 FY25
Revenue 22.71 25.67 33.79
EBITDA 5.65 6.39 7.96
PAT 4.08 5.35 6.12
Particulars (in Rs. Crores)] FY23 FY24 FY25
Total Assets 0.00 0.00 0.00
Share Capital 0.50 0.50 10.50
Total Borrowings 24.00 28.35 33.85
Particulars (in Rs. Crores FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities 1.84 1.53 1.94
Net Cash Generated From / (used in) investing activities -0.08 -1.33 -1.36
Net Cash Generated From / (used in) financing activities -1.74 -0.12 -0.06
Net Increase (Decrease) In Cash And Cash Equivalents 0.01 0.08 0.51


Strengths

1. Strong and unique product technology
2. Experienced promoters and a well-trained workforce
3. Consistent quality and service standards
4. Established relationships with suppliers
 

Weaknesses

1. Relatively small employee base with 23 permanent employees
2. Business depends heavily on niche industrial sectors
3. Limited geographical manufacturing footprint
4. Intense Competition from existing players
 

Opportunities

1. Expanding demand for high-quality measurement equipment in oil, gas, and chemical sectors
2. Potential for customised product solutions for global clients
3. Scope to grow the domestic and international customer base
4. Opportunities to leverage technology for operational efficiency
 

Threats

1. Volatility in raw material prices
2. Dependence on industrial and economic cycles
3. Competition from larger, established global players
4. Regulatory risks in the oil, gas, and chemical sectors
 

1. Established presence in specialised measurement and filtration equipment
2. Consistent revenue growth and strong profit margins
3. Zero borrowings reflect robust financial management
4. Experienced management team with proven domain expertise
5. Strong product technology catering to high-demand industries
 

1. Rising demand for precision filtration and measurement systems in the oil, gas, and chemical sectors.
2. India's infrastructure development boosts opportunities for related manufacturers.
3. Global energy demand provides growth tailwinds for industry players.
4. Innovation and strict quality control remain key for sustained success
 

Will You Apply for Cryogenic OGS IPO?

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FAQs

The Cryogenic OGS IPO opens on July 3, 2025, and closes on July 7, 2025.
 

 Cryogenic OGS IPO size is ₹16.88 Cr through a fresh issue of 35.91 lakh shares.

 Cryogenic OGS IPO price band is ₹44 to ₹47 per share.

To apply for Cryogenic OGS IPO, follow the steps given below:

  • Login to your 5paisa account and select the issue in the current IPO section
  • Enter the number of lots and the price at which you wish to apply for the Cryogenic OGS IPO
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

You will receive the mandate notification to block funds in your UPI app.
 

The minimum lot size of Cryogenic OGS IPO is 6,000 shares, requiring a minimum investment of ₹2,64,000.
 

 The allotment date of Cryogenic OGS IPO is expected to be finalised on July 8, 2025.

 The tentative listing date of Cryogenic OGS IPO is July 10, 2025, on the BSE SME platform.

Beeline Capital Advisors Pvt Ltd is the book-running lead manager of Cryogenic OGS IPO.

Cryogenic OGS plan to utilize for:

  • Working capital requirements
  • General corporate purposes