Popular Analysis

What is the last grey market premium of Cryogenic OGS IPO?

 Click

Listing Review: Will update on listing.

Subscription status of Cryogenic OGS IPO

Cryogenic OGS IPO (Day 1)

QIB NII x RII x Total x Applications
         
Note:

Cryogenic OGS IPO Allotment Link: 

 

Cryogenic OGS Limited – Company Overview

Incorporated in September 1997, Cryogenic OGS Limited is engaged in the manufacturing and assembly of high-quality measurement and filtration equipment for critical industries including oil, gas, chemicals, and allied fluid sectors.

The company specializes in offering customized, innovative solutions tailored to the specific operational needs of its clients. Its expertise spans design, process engineering, fabrication, assembly, and testing services.

Product Portfolio

Cryogenic OGS provides a diverse range of industrial equipment, including:

  • Basket Strainers – Remove debris from pipelines to protect pumps, valves, and downstream systems.
  • Air Eliminators – Remove trapped air/gases in liquid systems to improve measurement accuracy and efficiency.
  • Prover Tanks – Used to calibrate flow meters for precise volume measurement.
  • Additive Dosing Skid – Fully automated systems for continuous additive dosing in main product lines.
  • Truck/Tank Wagon Loading Skid (Liquid & Gas) – Skids designed for accurate measurement, control, and filtration of fluids.

Designs are developed using AutoCAD ELD and other advanced engineering software.

Manufacturing Facility

The company operates a modern manufacturing unit in Vadodara, Gujarat, spread over 8,300 square meters, equipped to handle complex fabrication and testing requirements.

Certifications & Quality Standards

Cryogenic OGS holds multiple industry-specific certifications that bolster its credibility and attract marquee clients. Its quality management system covers a wide range of products such as:

  • Chemical & Additive Dosing Skids
  • Basket Strainers & Air Eliminators
  • Gas/Liquid Metering Skids
  • Filtration Skids
  • Prover Tanks & Batch Blending Vessels
  • Pressure Reduction Skids

The company also holds ISO certifications for:

  • Occupational Health & Safety Management
  • Environmental Management Systems

Human Resources

As of March 31, 2024, Cryogenic OGS employs 23 permanent staff, supporting its engineering, production, and management operations.

Cryogenic OGS IPO Details

Sector:

IPO opens on  3 July 2025
IPO closes on  7 July 2025
Issue Type Book Built Issue IPO
Issue Size 37,80,000 Shares /
Rs 17.77 Crore
* Fresh Issue
* Offer for Sale – – Shares/
Rs.? Crore
Market Maker Portion 189,000 Shares
Net offer to Public 3591,000 Shares
Rs.16.88 Crores
Face Value per share Rs. 10
Price Band Rs. 44-47
Employee discount  Rs. 0 per share
Retail Lot Size  3000 Shares
Listing will at  BSE SME
Investor Category Shares Offered % Rs.
Market Maker 189000 5.00  
QIB Shares  1791000 47.38  
NII (HNI)  540000 14.29  
Retail  1260000 33.33  
Total  3780000 100  
       
Application Lots Shares Amount,
Rs.
Retail (Min) 1 3000 141,000
Retail (Max) 1 3000 141,000
HNI (Min) 2 6000 2,82,000

Who are the Promoters of Cryogenic OGS?

Cryogenic OGS promoterThe promoters of the company are Mr. Nilesh Natvarlal Patel, Mrs. Kiranben Nileshbhai Patel and Mr. Dhairya Patel. Prior to the IPO, the promoters hold 100% of the paid up capital of the company

What are the Objects of Cryogenic OGS IPO?

*To Meet Working Capital Requirements Rs. 11.50 Cr.
*General Corporate purposes
*Public issue Expenses

Cryogenic OGS IPO Timetable

Tentative timetable

IPO opens on 3 July 2025
IPO Closes on 7 July 2025
IPO Allotment on  8 July 2025
Refund Initiation  9 July 2025
Credit of Shares 9 July 2025
Listing on 10 July 2025
Registered Office of the Company
Cryogenic OGS Limited
60, 61, 62, 63 POR Industrial Park
Behind Sahyog Hotel,
POR
Vadodara, Gujarat, 391243
The Lead Manager of this IPO
Beeline Capital Advisors Pvt ltd
Registrar to this IPO
Mufg Intime India Pvt ltd

Cryogenic OGS IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Cryogenic OGS Financials

Period Ended 31-Mar-25 31-Mar-24 31-Mar-23
Assets 33.85 28.35 24
Revenue 33.79 25.67 22.71
Profit After Tax 6.12 5.35 4.08
EBITDA 7.96 6.39 5.65
Net Worth 28.99 22.86 17.52
Reserves and Surplus 18.49 22.4 17.02
Amount in Rs. Crore

Performance Indicators

KPI Values
ROE 23.62%
ROCE 28.93%
RoNW 21.12%
PAT Margin 18.61%
EBITDA Margin 24.20%
Price to Book Value 1.7
EPS Rs. 5.83
PE Ratio 8.06

How Cryogenic OGS IPO compares with the Peers?

Company Name P/E (x) RoNW (%)
Cryogenic OGS  8.06 23.49
Loyal Equipments  22.54 23.96

 

 


 

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Cryogenic OGS IPO Review by Paresh Gordhandas, CA & Research Analyst.

Incorporated in September 1997, Cryogenic OGS Limited is engaged in the manufacturing and assembly of high-quality measurement and filtration equipment for critical industries including oil, gas, chemicals, and allied fluid sectors.

The company specializes in offering customized, innovative solutions tailored to the specific operational needs of its clients. Its expertise spans design, process engineering, fabrication, assembly, and testing services. Cryogenic OGS provides a diverse range of industrial equipment.

The company has strong and growning topline and bottomline during last 3 accounting years. The shares are offered at attractively low valuation. The lead manager Beeline Capital Advisors have track-record of positive listings. Chances of solid listing gains are seen.

Analyst View:

  • Fundamental Perspective:  Apply

  • Grey Market Sentiment: [Pending]

Quicklinks


 
Cryogenic OGS
IPO 

 
Cryogenic OGS
IPO gmp

Leave a Reply

Your email address will not be published. Required fields are marked *