Cryogenic Ogs logo

Cryogenic Ogs

BSE SMEListed

IPO Timeline

Issue open date

3 Jul 2025

Issue close date

7 Jul 2025

UPI mandate deadline

7 Jul 2025

Allotment finalization

8 Jul 2025

Refund initiation

9 Jul 2025

Share credit

9 Jul 2025

Listing date

10 Jul 2025

Mandate end date

22 Jul 2025

Lock-in end date for anchor investors (50%)

7 Aug 2025

Lock-in end date for anchor investors (remaining)

6 Oct 2025

Grey Market Premium Trend

₹38
Current GMP
₹85
Est. Listing Price
80.9%
Est. Listing Gain
₹41 - ₹47
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
9 Jul₹38₹8580.85%
8 Jul₹32₹7968.09%
7 Jul₹32₹7968.09%
6 Jul₹32₹7968.09%
5 Jul₹26₹7355.32%
4 Jul₹26₹7355.32%
3 Jul₹26₹7355.32%
2 Jul₹22₹6946.81%
1 Jul₹20₹6742.55%
30 Jun₹20₹6742.55%
29 Jun₹20₹6742.55%
28 Jun₹0₹470.00%
27 Jun₹0₹470.00%
26 Jun₹0₹470.00%

Key Dates

Open
3 Jul 2025
Close
7 Jul 2025
Listing
10 Jul 2025

Quick Stats

Issue Size:17cr
Lot Size:3000 shares

Issue Details

Issue Size:17cr
Face Value:10
Listing At:BSE SME

Reservation

50%
QIB
15%
NII
35%
Retail

About the Company

Established in 1997, Cryogenic OGS, is a specialized manufacturer of measurement and filtration equipment for the oil, gas, chemicals and allied fluid industries. Founded by first-generation entrepreneurs with over 22 years of industry experience, the company operates from an 8,300 square meter facility in Vadodara, Gujarat.

Strengths

  • Proprietary tech and quality materials ensure durable, high-value products.
  • The company has an experienced promoters and management team with 22+ years in engineering, supported by a skilled workforce.
  • ISO-certified for quality, environment, and safety; validated by third-party inspections.
  • Strong supplier ties ensure timely, high-quality material supply and efficient inventory management.
  • Stable customer base with long-standing ties to top oil & gas firms, built on quality and reliable delivery.

Risks

  • Reliance on key suppliers and raw material price swings may affect costs and delivery timelines.
  • Top 10 customers contributed ~89% of revenue in FY25; any loss could significantly impact financials.
  • Air eliminators and metering skids contributed 57% of FY25 revenue; slowdown in demand or tech upgrades may hurt growth.
  • Over 80% of FY25 revenue came from Gujarat and Maharashtra; regional risks may impact growth.
  • Stringent audits and quality lapses may lead to order loss and reputational harm.
  • Reliance on third party suppliers may cause delays, cost overruns, and quality risks.
  • Past regulatory lapses and missing records may lead to future legal or reputational consequences.

Cryogenic Ogs IPO – Frequently Asked Questions

  • The price band for the Cryogenic Ogs IPO is set at ₹41 to ₹47 per share.
  • The Cryogenic Ogs IPO opens on July 3, 2025 and closes on July 7, 2025.
  • The tentative listing date for the Cryogenic Ogs IPO is July 10, 2025.
  • You can apply for the Cryogenic Ogs IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Cryogenic Ogs, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Cryogenic Ogs IPO is 3000 shares. Investors must apply for at least one lot (i.e., 3000 shares).