Cryogenic OGS IPO Details: The Cryogenic OGS IPO is scheduled to open on July 3, 2025, and will close on July 7, 2025. This is a Book Built Issue, through which the company aims to raise approximately ₹17.77 crores. The entire issue consists of a fresh equity offering worth ₹17.77 crores, along with an offer for sale of up to [.] equity shares, each having a face value of ₹10.
The IPO price band has been set in the range of ₹44 to ₹47 per share. The allocation is structured as follows: 50% for Qualified Institutional Buyers (QIBs), 15% for High Net-Worth Individuals (HNIs), and 35% for Retail Investors. The IPO is proposed to be listed on the BSE, with the listing date scheduled for July 10, 2025, and the allotment expected on July 8, 2025.
In terms of financial performance, Cryogenic OGS reported a revenue of ₹33.79 crores in FY2025, up from ₹25.67 crores in FY2024. The company’s net profit also increased to ₹6.12 crores in FY2025, compared to ₹5.35 crores in FY2024.
Considering the steady financial growth, the IPO presents a promising opportunity for long-term investors.
Cryogenic OGS IPO Objectives:
- To Meet Working Capital Requirements
- General Corporate Purposes
- Public Issue Expenses
Cryogenic OGS IPO Review (Apply or Not)
- Apply
Cryogenic OGS IPO Date & Price Band Details:
| IPO Open Date: | July 3, 2025 |
| IPO Close Date: | July 7, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹44 to ₹47 Per Share |
| Issue Size: | Approx ₹17.77 Crores |
| Fresh Issue: | Approx ₹17.77 Crores |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Cryogenic OGS IPO Lot Size:
The minimum lot size for the Cryogenic OGS IPO is 3,000 shares, requiring a minimum investment of ₹1,41,000 for retail investors.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3000 | ₹1,41,000 |
| Retail Maximum | 1 | 3000 | ₹1,41,000 |
| S-HNI Minimum | 2 | 6,000 | ₹2,82,000 |
Cryogenic OGS IPO Allotment & Listing Date (Details)
The Cryogenic OGS IPO will open for subscription on July 3, 2025, and will close on July 7, 2025. The basis of allotment is expected to be finalized on July 8, 2025, with the IPO likely to be listed on the BSE on July 10, 2025.
| IPO Open Date: | July 3, 2025 |
| IPO Close Date: | July 7, 2025 |
| Basis of Allotment: | July 8, 2025 |
| Refunds: | July 9, 2025 |
| Credit to Demat Account: | July 9, 2025 |
| IPO Listing Date: | July 10, 2025 |
Cryogenic OGS IPO GMP Today:
Cryogenic OGS SME IPO last GMP is ₹20. With the price band of 47.00, Cryogenic OGS SME IPO’s estimated listing price is ₹67 (cap price + today’s GMP).The expected percentage gain/loss per share is 42.55%.
Promoters of Cryogenic OGS IPO
The promoters of the company are Mr. Nilesh Natvarlal Patel, Mrs. Kiranben Nileshbhai Patel and Mr. Dhairya Patel.
About Cryogenic OGS IPO
Founded in September 1997, Cryogenic OGS Limited is one of the growing companies that are involved in the manufacturing and assembly of high-quality measurement and filtration equipment for industries that include oil, gas, chemicals, and related fluid sectors. Cryogenic concentrates on innovative and customized services for oil, gas, chemicals, and allied fluid industries and provides customized solutions in order to meet their customers’ requirements. The product portfolio consists of a wide range of products, including Basket Strainers, Air Eliminators are essential, Prover Tanks, Additive Dosing Skid, and Truck Loading/Tank Wagon Loading Skid. Its manufacturing facility is located in Vadodara, Gujarat, situated across 8300 square meters. Products such as Chemical Dosing Skids, Additive Dosing Skids, Basket Strainers, Air Eliminators, Gas Metering Skids, Pressure Reduction Skids, Filtration Skids, Liquid Metering Skids, Provar Tanks, Additive Injection Panels, and Batch Blending Vessels are manufactured and supplied by its certified quality system. The company includes a total of 23 permanent employees as of March 31, 2024.
Cryogenic OGS IPO Company Financial Report
The company reported revenue of ₹33.79 crores in 2025 against ₹25.67 crore in 2024. The company reported profit of ₹6.12 crores in 2025 against profit of ₹5.35 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹24.00 | ₹19.57 | ₹3.28 | ₹22.43 |
| 2023 | ₹22.71 | ₹17.23 | ₹4.08 | ₹24.00 |
| 2024 | ₹25.67 | ₹18.55 | ₹5.38 | ₹28.35 |
| 2025 | ₹33.79 | ₹25.52 | ₹6.12 | ₹33.85 |
Cryogenic OGS IPO Valuation – FY2025
Check Cryogenic OGS IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 23.62% |
| ROCE: | 28.93% |
| EBITDA Margin: | 24.20% |
| PAT Margin: | 18.61% |
| Debt to equity ratio: | NA |
| Earning Per Share (EPS): | ₹5.83 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 21.12% |
| Net Asset Value (NAV): | ₹27.61 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Loyal Equipments Limited | 8.42 | 26.21 | 20.96% | 47.15 | 75.30 Cr. |
Cryogenic OGS IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: travelfood.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
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/
Cryogenic OGS IPO – Frequently Asked Questions (FAQs)
What is Cryogenic OGS IPO?
Cryogenic OGS IPO is a SME IPO through which the company aims to raise approximately ₹17.77 crores. The price band for the issue is set between ₹44 to ₹47 per equity share, and the IPO will be listed on the BSE.
When does the Cryogenic OGS IPO open for subscription?
The IPO will open for subscription on July 3, 2025, and will close on July 7, 2025. Investors from all categories—QIBs, NIIs, and retail—can participate.
What is the investors’ quota for the Cryogenic OGS IPO?
The investor allocation is as follows:
- Qualified Institutional Buyers (QIBs) – 50%
- Non-Institutional Investors (NIIs) – 15%
- Retail Investors – 35%
How can I apply for the Cryogenic OGS IPO?
You can apply for the IPO using the ASBA facility via your bank’s net banking service. Alternatively, you can apply using the UPI method through your stockbroker’s platform. Offline applications through registered brokers are also accepted.
What is the issue size of the Cryogenic OGS IPO?
The total issue size is approximately ₹17.77 crores, which includes a fresh issue of equity shares.
What is the price band of the Cryogenic OGS IPO?
The IPO is priced in the range of ₹44 to ₹47 per share.
What is the minimum lot size and application amount?
The minimum market lot is 3,000 shares, requiring an investment of ₹1,41,000 per application in the retail category.
When will the allotment for the Cryogenic OGS IPO be finalized?
The basis of allotment is expected to be finalized on July 8, 2025.
What is the listing date for the Cryogenic OGS IPO?
Cryogenic OGS shares are likely to be listed on the BSE on July 10, 2025.
