Oval Projects Engineering IPO Details
| IPO Open Date: | August 28, 2025 |
| IPO Close Date: | September 1, 2025 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹80 to ā¹85 Per Share |
| Issue Size: | Approx ā¹46.74 Crores |
| Fresh Issue: | Approx ā¹46.74 Crores |
| Lot Size: | 1600 Shares |
| Issue Type: | Book Built 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 |
Oval Projects Engineering IPO Market Lot
The Oval Projects Engineering IPO minimum market lot is 3,200 shares with ā¹2,72,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ā¹2,72,000 |
| Retail Maximum | 2 | 3,200 | ā¹2,72,000 |
| S-HNI Minimum | 3 | 4,800 | ā¹4,08,000 |
| S-HNI Minimum | 8 | 11,200 | ā¹9,52,000 |
| B-HNI Minimum | 9 | 12,800 | ā¹10,88,000 |
Oval Projects Engineering IPO Dates
The Oval Projects Engineering IPO date is August 28 and the close date is September 1. The Oval Projects Engineering IPO allotment will be finalized on September 2 and the IPO listing on September 4.
| IPO Open Date: | August 28, 2025 |
| IPO Close Date: | September 1, 2025 |
| Basis of Allotment: | September 2, 2025 |
| Refunds: | September 3, 2025 |
| Credit to Demat Account: | September 3, 2025 |
| IPO Listing Date: | September 4, 2025 |
Promoters of Oval Projects Engineering IPO
The promoters of the company is Goutam Debnath
About Oval Projects Engineering IPO
Oval Projects Engineering Limited, founded in 2013, is one of the leading infrastructure development companies working in Oil & gas, City gas distribution, Urban Development, and Energy sectors across India. The companyās services include pipeline laying, processing plants, CGS work, and O&M services for power plants and EPC projects.
Oval Projects offers engineering turnkey solutions across upstream, midstream, and downstream segments, with a strong presence in places like Agartala, Tripura, and other parts of India. As of now, the company has completed over 900 km of pipeline installations and is involved in various projects in the Oil & Gas and Power sectors. The company includes 123 employees as of March 31, 2025.
Oval Projects Engineering IPO Company Financial Report
The company reported revenue of ā¹103.44 crores in 2025 against ā¹78.99 crore in 2024. The company reported profit of ā¹9.33 crores in 2025 against profit of ā¹4.40 crores in 2024.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ā¹64.09 | ā¹59.72 | ā¹3.19 | ā¹- |
| 2024 | ā¹78.99 | ā¹72.05 | ā¹4.40 | ā¹- |
| 2025 | ā¹103.44 | ā¹90.42 | ā¹9.33 | ā¹- |
Oval Projects Engineering IPO Valuation – FY2025
Check Oval Projects Engineering 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: | 20.85% |
| ROCE: | 21.32% |
| EBITDA Margin: | 17.68% |
| PAT Margin: | 9.12% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ā¹6.65 (Basic) |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 20.85% |
| Net Asset Value (NAV): | ā¹31.89 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Likhitha Infrastructure Limited | 17.57 | 15.34 | 18.52 | 5.40 | ā¹42,1.68 Cr. |
| Konstelec Engineers Limited | 3.14 | 19.39 | 4.93 | 20.30 | ā¹19,5.66 Cr. |
Objects of the Issue
- Utilization towards long-term working capital requirements of our Company
- General Corporate Purposes
Oval Projects Engineering IPO Review
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Oval Projects Engineering IPO Registrar
MAS Services Ltd.
Phone: (011) 2610 4142
Email: [email protected]
Website: https://www.masserv.com/opt.asp
IPO Lead Managers aka Merchant Bankers
- SMC Capitals Ltd
Company Address
Oval Projects Engineering Ltd.
House No. 451568,
Milan Chakra, (Near Prajapita Brahmakumari Center)
Badharghat, P.O. A.D. Nagar
Agartala, Tripura, 799003
Phone: +91 7085049473
Email: [email protected]
Website: https://www.ovalprojects.com/
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Note: The Oval Projects Engineering IPO price band and date are officially announced. The (Oval Projects Engineering IPO grey market premium) will be added to the IPO GMP page as it will start).
