Cryogenic OGS IPO GMP
- Unlisted Price Rs 73
- IPO Price Rs 47
Unlisted shares are trading at a significant premium, indicating strong listing gains for investors.
Introduction: What Makes Cryogenic OGS IPO Count
As of 4:51 PM IST on Sunday, the Cryogenic OGS IPO was attracting significant attention. This frenzy is driven by its strong Grey Market Premium (GMP), attractive price band, and its focus on a niche business segment.
This Gujarat-based engineering company has listed 37.80 lakh shares on the BSE SME platform, aiming to raise ₹17.77 crore. With both retail and analyst investors betting on substantial listing gains, it's essential to dive into the details.
Cryogenic OGS IPO: Key Details at a Glance
| Issue Size | ₹17.77 cr (37.80 lakh shares) |
| Price Band | ₹44 – ₹47 per share |
| Lot Size | 3,000 shares (Investment: ₹1.32 lakh – ₹1.41 lakh) |
| Issue Dates | July 3, 2025 – July 7, 2025 |
| Allotment Date | July 8, 2025 |
| Listing Date | July 10, 2025 (BSE SME) |
| Lead Manager | Lead Manager: Beeline Capital Advisors |
| Registrar | Registrar: MUFG Intime India (Link Intime) |
Also Read: Allied Engineering IPO: ₹400 Cr Issue Filed to Fund Smart Meter Expansion
Cryogenic OGS IPO GMP & Price Analysis
Current GMP
Premium
The steady GMP implies a potential listing price of around ₹67, a significant premium over the upper price band of ₹47.
Valuation & Use of Proceeds
P/E Ratio
EPS (Earnings Per Share)
P/E and P/B ratios were not publicly disclosed, but the company showed strong FY25 revenue and profit growth. Proceeds will be used for:
Company Snapshot
Cryogenic OGS Limited (est. 1997)
Operating from an 8,300 m² facility in Vadodara, the company designs and manufactures:
- Basket Strainers & Air Eliminators
- Prover Tanks & Additive Dosing Skids
- Truck/Tank Wagon Loading Skids
It serves a nationwide client base in the oil, gas, and chemical industries.
Cryogenic OGS IPO Subscription & Allotment Timeline
| Issue Closes | July 7, 2025 |
| Allotment Finalized | July 8, 2025 |
| Refunds Initiated | July 9, 2025 |
| Shares Credited to Demat | July 9, 2025 |
| Listing on BSE SME | July 10, 2025 |
Also Read: Smarten Power Systems IPO Date, Price, GMP & Details
Professional Evaluation & Investment Appreciation
Pros
- Sound financials reported in FY25.
- Niche focus on specialty applications and end-to-end production.
- Strong GMP indicates positive listing sentiment.
Cons
- SME IPOs inherently carry higher volatility.
- Limited peer valuation data for direct comparison.
- Risks related to oil & gas price volatility.
Tool for Checking Cryogenic OGS IPO Allotment Status
The allotment status will be available from July 8, 2025. You can check it via:
1. Via Registrar (Link Intime)
Visit the official registrar website, select "Cryogenic OGS Limited" from the dropdown, and search using one of the following:
- Application Number
- PAN Card Number
- Demat/Client ID
2. Through the BSE Website
Go to the BSE IPO allotment page, select "Equity" and "Cryogenic OGS Limited", and enter your application number and PAN.
FAQ: Quick Answers
GMP stands for Grey Market Premium. It is the unofficial premium at which IPO shares trade in the grey market before they are listed on a stock exchange. It indicates the expected listing price.
The basis of allotment for the Cryogenic OGS IPO will be finalized on July 8, 2025.
The IPO is tentatively scheduled to be listed on the BSE SME platform on July 10, 2025.
The minimum investment is one lot of 3,000 shares. This amounts to ₹1,32,000 at the lower price band (₹44) and ₹1,41,000 at the upper price band (₹47).
You can track the allotment status on the official website of the registrar, Link Intime India, or on the BSE India website using your PAN, Application Number, or Demat ID.
