Cryogenic OGS IPO subscribed overall 694.90 times on the last day, while the retail quota subscribed 773.70 times, QIB subscribed 209.59 times, and the NII quota subscribed 1,155.38 times, respectively.
Cryogenic OGS IPO Details
Cryogenic OGS got approval from SEBI for the IPO of ₹17.77 crores, which is an entirely fresh issue of ₹17.77 crores with a face value of ₹10 each share. It has a set price band of ₹44 to ₹47 Per Share.
Cryogenic OGS Funds Utilisations
- To Meet Working Capital Requirements
- General Corporate Purposes
- Public Issue Expenses
Cryogenic OGS Shares Distributions
Moreover, the retail category had 3000 shares in a 1 lot size, with a minimum application and a maximum application.
S-HNI got 6,000 shares in 2 lot sizes.
To participate in this IPO, each investor group has a tailored investment range
- Retail Minimum Application:- ₹1,41,000
- Retail Maximum Application:-₹1,41,000
- S-Hni Application:- ₹2,82,000
Cryogenic OGS Subscription Duration
Started on July 3, 2025, and closed on July 7, 2025. The allotment was on July 8, 2025, and non-allottees got a refund on July 9, 2025. Cryogenic OGS IPO listing is today, July 10, 2025.
About Cryogenic OGS IPO
Cryogenic OGS Limited, established in September 1997, is a growing company that manufactures and assembles high-quality measurement and filtration equipment for industries such as oil, gas, chemicals, and other fluid-related 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.
Cryogenic OGS IPO Financial Background
In 2025, the company reported a revenue of ₹33.79 crores, up from ₹25.67 crores in 2024. Its profit also increased to ₹6.12 crores in 2025 compared to ₹5.35 crores in 2024.
