
Manufacturing · BSE
Cryogenic OGS Limited, established in September 1997, is engaged in the manufacturing and assembly of high-quality measurement and filtration equipment catering to industries such as oil, gas, chemicals, and other related fluid sectors. The company emphasizes innovation and customization, offering tailored solutions to address the specific requirements of its clients within these industries. Its services encompass design, process engineering, and manufacturing, which include fabrication, assembly, and testing capabilities. The product portfolio includes basket strainers, which help remove debris from pipelines to protect downstream equipment like pumps and valves; air eliminators that remove air and gases from liquid systems to ensure precise metering and system efficiency; prover tanks used for calibrating flow meters to guarantee accurate measurements; additive dosing skids designed for the continuous and automatic injection of additives into product lines; and truck or tank wagon loading skids for both liquids and gases that handle measurement, control, and filtration processes. The company’s manufacturing facility is located in Vadodara, Gujarat, and spans an area of 8,300 square meters. As of March 31, 2024, Cryogenic OGS Limited employs 23 permanent staff members.
Price Band
₹44 – ₹47
Issue Size
₹17.76 Cr
Lot Size
3000 shares
GMP
+80.8%
Est. Listing
₹85
at current GMP
Subscribed
694.94x
overall
Open
3 Jul 2025
Close
7 Jul 2025
Allotment
8 Jul 2025
Refund
9 Jul 2025
Demat Credit
10 Jul 2025
Listing
10 Jul 2025
Overall Subscription
694.94x
Total Demand
QIB Multiplier
209.59x
Institutions & Funds
NII / HNI
1155.38x
High Net-Worth
Retail (RII)
773.80x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 717,000 | 150,279,000 | 209.59x |
| NIB | 540,000 | 623,907,000 | 1155.38x |
| HNIs(10L +) | 360,000 | 491,406,000 | 1365.02x |
| HNIs (2-10L) | 180,000 | 132,501,000 | 736.12x |
| RETAIL | 1,260,000 | 974,982,000 | 773.80x |
| Total | 3,057,000 | 2,373,075,000 | 694.94x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 40 | 14,712 | 367.80x |
| HNIs (2-10L) | 20 | 13,030 | 651.50x |
| RETAIL | 210 | 162,497 | 773.80x |
| Total Applications | 270 | 190,239 | 704.59x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Cryogenic OGS Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹17.76 Crores. The shares are offered at a price band of ₹44 to ₹47 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,41,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-07-10, while un-allotted funds or UPI block mandates will be released on 2025-07-09.
The latest Grey Market Premium (GMP) for Cryogenic OGS Limited IPO is ₹38 per equity share. Based on the upper price band of ₹44 to ₹47 per equity share, the estimated listing price is ₹85 (+80.8% expected listing gain).
With a lot size of 3000 shares and current GMP of ₹38, the expected profit per application lot is approx ₹1,14,000 (+80.8% gain). Minimum application cost is approx ₹1,41,000.
The Cryogenic OGS Limited IPO aggregate issue size is ₹17.76 Crores with an equity price band set at ₹44 to ₹47 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,41,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 694.94x (Retail: 773.80x, QIB: 209.59x, NII: 1155.38x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-07-08. Investors can verify status using PAN card or application number.
Cryogenic OGS Limited shares are scheduled to list on BSE on 2025-07-10.