Cryogenic OGS Limited IPO
Cryogenic OGS Limited, based in Vadodara, Gujarat, specializes in high-quality measurement and filtration systems for the oil, gas, chemical, and allied fluid industries. With in-house design and engineering using AutoCAD ELD and other tools, the company offers customized, cost-efficient solutions. Their 8,300 sq. m facility includes advanced fabrication, assembly, and testing infrastructure. Quality control covers chemical, mechanical, and non-destructive testing. Cryogenic OGS secures projects via tenders and direct inquiries, currently awaiting commercial evaluation on tenders worth over ₹50 crore, including innovative skid-based systems.
Price Band₹44 - ₹47 |
Dates03 Jul - 07 Jul |
GMP₹29 (61.70%) |
Subscriptions- |
Issue Size₹17.77 Crs |
Cryogenic OGS IPO Objects
- To Meet Working Capital Requirements
- General Corporate Purposes
Cryogenic OGS IPO Details
Price Band₹44 - ₹47 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹17.77 Cr (0.38 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹17.77 Cr (0.38 Cr Shares) |
Face Value₹10 per equity share |
Cryogenic OGS IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
2
6,000
2,82,000
Maximum
2
6,000
2,82,000
|
|||
| NII |
Minimum
3
9,000
4,23,000
|
|||
Cryogenic OGS IPO GMP
The estimated Grey Market Premium of Cryogenic OGS IPO is ₹29 per share (61.70%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 1,89,000 EQ Shares |
Cryogenic OGS IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 32.90 | 24.25 | 22.02 |
| Profit after Tax | 6.12 | 5.35 | 4.08 |
| Net Worth | 28.99 | 22.86 | 17.52 |
| Total Borrowing | 0.00 | 0.00 | 0.00 |
| Total Assets | 33.85 | 28.35 | 24.00 |
| NAV per share (in ₹) | 27.61 | 21.77 | 16.68 |
| EPS - Basic (in ₹) | 5.83 | 5.09 | 3.88 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 24.20% |
| PAT | 18.61% |
| ROE | 23.62% |
| ROCE | 28.93% |
| PE Ratio | 9.23 |
| PB Ratio | 2.16 |
| Mkt Cap (in Crs.) | 67.12 |
- All Ratios are based on Mar 25
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Cryogenic OGS IPO Peer Comparision
| Particulars | Cryogenic OGS | Loyal Equipments |
|---|---|---|
| Revenue from Ops (in Crs.) | 32.90 | 75.30 |
| PAT (In Crs.) | 6.12 | 10.66 |
| EPS - Basic | 5.83 | 8.42 |
| NAV per share | 27.61 | 47.15 |
| RONW | 21.12% | 20.96% |
| EBITDA | 24.20% | 21.77% |
| PAT Margin | 18.61% | 14.16% |
| Price to earning (PE) | 9.23 | 26.21 |
- All the information pertains to FY 2024-25
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 28, 2025 for Peers
Cryogenic OGS IPO Peer Comparision
| Particulars | Cryogenic OGS |
|---|---|
| Revenue from Ops (in Crs.) | 32.90 |
| PAT (In Crs.) | 6.12 |
| EPS - Basic | 5.83 |
| NAV per share | 27.61 |
| RONW | 21.12% |
| EBITDA | 24.20% |
| PAT Margin | 18.61% |
| Price to earning (PE) | 9.23 |
| Loyal Equipments |
|---|
| 75.30 |
| 10.66 |
| 8.42 |
| 47.15 |
| 20.96% |
| 21.77% |
| 14.16% |
| 26.21 |
- All the information pertains to FY 2024-25
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 28, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Nilesh Patel | 75.90% |
| Kiranben Patel | 24.00% |
| Dhairya Patel | 0.02% |
| Other Promoter | 0.08% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Nilesh Patel | Chairman & MD |
| Ravi Milapchand Jain | CFO |
Company Details
Name: Cryogenic OGS Limited
Address: 60, 61, 62, 63 POR Industrial Park, Behind Sahyog Hotel, POR, Vadodara-391243, Gujarat, India
Number: +91 98988 67136
Email: cs@cryogenicogs.com
Website: www.cryogenicogs.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Cryogenic OGS IPO is a SME IPO having an issue size of Rs. ₹17.77 Crs. Cryogenic OGS IPO is priced at ₹44 - ₹47 per share. The issue opens on 03 Jul 25 and closes on 07 Jul 25.
Cryogenic OGS IPO opens on 03 Jul 25 and closes on 07 Jul 25.
The estimated Grey Market Premium of Cryogenic OGS IPO is ₹29 per share (61.70%).
The minimum lot size of Cryogenic OGS IPO is 3000 shares & the minimum application amount is Rs. 141000.
The allotment date of Cryogenic OGS IPO is 08 Jul 25.
The listing date of Cryogenic OGS IPO is 10 Jul 25.
Cryogenic OGS IPO is subscribed -.
Cryogenic OGS IPO is priced at ₹44 - ₹47 per share.
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