Latest news with #CryogenicOGSIPO
Mint
08-07-2025
- Business
- Mint
Cryogenic OGS IPO allotment to be finalised today. Latest GMP, steps to check share allotment status online
Cryogenic OGS IPO allotment in focus: The allotment for the Cryogenic OGS is expected to be finalized today, July 08. Investors can check their allotment status through the registrar, MUFG Intime India Private Limited (Link Intime), or the BSE website. The IPO, which was open for subscription from July 03 to July 07, saw a robust response from investors, being oversubscribed by 694 times. Specifically, the non-institutional investor (NII) segment was oversubscribed 1,155 times, while the retail portion was oversubscribed 773 times and the QIB was booked at 209 times. The IPO price was set at ₹ 47 per share. Given the high level of retail oversubscription, shares will be allocated to retail individual investors (RIIs) on a proportional basis. Those who do not receive an allotment can expect the refund process to start on July 09, 2025. Shares allotted will be credited to investors' demat accounts on the same day as the refunds. The SME IPO is expected to be listed on the BSE SME platform, with a tentative date of July 10, 2025. The company plans to use the net proceeds from the IPO to meet working capital requirements, general corporate purposes, and public issue expenses. Step 2: Choose 'Cryogenic OGS' in the Select Company dropdown menu. Step 3: Select among PAN, App. No., DP ID, or Account No. Step 4: Enter the details as per the option selected. Your Cryogenic OGS IPO allotment status will be displayed on the screen. Step 1: Visit the allotment page on BSE's official website: Step 2: Under 'Issue Type,' select 'Equity.' Step 3: Choose the IPO from the drop-down option under 'Issue Name.' Step 4: Enter the PAN or application number. Step 5: Click on 'I am not a robot' to confirm your identity, then hit the 'Submit' button. The allotment status will appear on your screen. Incorporated in September 1997, Cryogenic OGS Limited manufactures and assembles high-quality measurement and filtration equipment for industries such as oil, gas, chemicals, and related fluid sectors. The company focuses on innovative and tailored services for the oil, gas, chemical, and allied fluid industries and provides customized solutions to meet the specific needs of its customers. It provides design, process engineering, and manufacturing solutions, including fabrication, assembly, and testing facilities. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
News18
08-07-2025
- Business
- News18
Cryogenic OGS IPO Allotment Today: GMP At 68%, Here's A Step-By-Step Guide To Check Allotment Status Online
The Cryogenic OGS IPO, which was open for public subscription between July 3 and July 7, receives a whopping 694.9x subscription. Cryogenic OGS IPO Allotment Status: The basis of allotment of the Cryogenic OGS IPO is expected to be finalised today, Tuesday, July 8, in the evening. Once finalised, investors can check allotment status online on the websites of BSE as well as registrar Link Intime. The IPO, which was open for public subscription between July 3 and July 7, received a whopping 694.9x subscription. Its retail quota was subscribed by an overwhelming 773.7 times. Its QIB and NII categories also received 209.59x and 1,155.38x subscriptions, respectively. Cryogenic OGS, founded in 1997, is a Vadodara-based manufacturer of customised measurement and filtration equipment for the oil, gas, chemical, and fluid industries. The Cryogenic OGS IPO allotment is expected to be finalised today, Monday, July 8, in the evening. Once finalised, the allotment status can be check by following these steps: 1) Go to the official BSE website via the URL — 2) Under 'Issue Type', select 'Equity'. 3) Under 'Issue Name', select 'Cryogenic OGS Ltd' in the dropbox. 4) Enter your application number, or the Permanent Account Number (PAN). Those who want to check their allotment status via PAN can select the 'Permanent Account Number' option. 5) Then, click on the 'I am not a robot' to verify yourself and hit the 'Search' option. You can also visit directly on the registrar Link Intime's portal — and check the Cryogenic OGS IPO allotment status. Cryogenic OGS IPO GMP Today According to market observers, unlisted shares of Cryogenic OGS Ltd are currently trading at Rs 79 against its upper IPO price of Rs 47. It means a grey market premium or GMP of Rs 32, which is 68.09% over its issue price, indicating strong listing gains for investors. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Cryogenic OGS IPO Listing Date The shares of Cryogenic OGS Ltd will be listed on the BSE SME platform on July 10. Cryogenic OGS IPO: More Info The Cryogenic OGS IPO, which is a bookbuilding of Rs 17.77 crore, is entirely a fresh issue of 37.80 lakh shares. The proceeds will be utilised towards meeting working capital requirements, general corporate purposes, and public issue expenses, as per the RHP. The company's revenue increased by 32% and profit after tax (PAT) rose by 15% between the financial year ending with March 31, 2025 and March 31, 2024. Beeline Capital Advisors Pvt Ltd is the book-running lead manager of the Cryogenic OGS IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the market maker for Cryogenic OGS IPO is Spread X Securities Private Limited.
News18
07-07-2025
- Business
- News18
Cryogenic OGS IPO GMP: Issue Receives 144.2x Subscription So Far, To Close Today
Last Updated: Unlisted shares of Cryogenic OGS Ltd are trading at Rs 73 against its upper IPO price of Rs 47, which is GMP of 55.32%, indicating strong listing gains for investors. Cryogenic OGS IPO GMP Today: The initial public offering of Cryogenic OGS Ltd has entered its final day of bidding today, Monday, July 7. The BSE SME IPO aims to raise Rs 17.77 crore through the public issue. Till 10:14 am on the final day of bidding on Monday, the issue received a 192.69 times subscription, garnering bids for 36,31,20,000 shares as against the 25,17,000 shares on offer. The retail and NII participation stood at 192.69x and 205.70x, respectively. The QIB category, which includes institutional investors like mutual funds and pension funds, received a 12.91x subscription. The three-day IPO bidding was opened on July 3. Cryogenic OGS, founded in 1997, is a Vadodara-based manufacturer of customised measurement and filtration equipment for the oil, gas, chemical, and fluid industries. Cryogenic OGS IPO GMP Today According to market observers, unlisted shares of Cryogenic OGS Ltd are currently trading at Rs 73 against its upper IPO price of Rs 47. It means a grey market premium or GMP of Rs 26, which is 55.32% over its issue price, indicating strong listing gains for investors. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The basis of allotment of the Cryogenic OGS IPO will be finalised on July 8. Its listing will take place on July 10, on the BSE SME platform. The price band of the IPO has been fixed in the range of Rs 44 to Rs 47 apiece. Its minimum lot size is 3,000. It means investors will have to apply for a minimum of 3,000 shares or in multiple thereof. Retail investors require a minimum capital of Rs 2,64,000 to apply for the IPO. The Cryogenic OGS IPO, which is a bookbuilding of Rs 17.77 crore, is entirely a fresh issue of 37.80 lakh shares. The proceeds will be utilised towards meeting working capital requirements, general corporate purposes, and public issue expenses, as per the RHP. The company's revenue increased by 32% and profit after tax (PAT) rose by 15% between the financial year ending with March 31, 2025 and March 31, 2024. Beeline Capital Advisors Pvt Ltd is the book-running lead manager of the Cryogenic OGS IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the market maker for Cryogenic OGS IPO is Spread X Securities Private Limited.
News18
03-07-2025
- Business
- News18
Cryogenic OGS IPO GMP Rises Today: Issue Receives 11.13x Subscription On Day 1 So Far
Last Updated: Unlisted shares of Cryogenic OGS are trading at Rs 69 over its upper IPO price of Rs 47. It means a GMP of Rs 22 or 46.81% over its issue price, indicating strong listing gains. Cryogenic OGS IPO GMP Today: The initial public offering of Cryogenic OGS Ltd opened Today, Thursday, July 3. The BSE SME IPO aims to raise Rs 17.77 crore through the public issue. Till 1:29 pm on the first day of bidding on Thursday, the issue received a 11.13 times subscription, garnering bids for 2,80,14,000 shares as against the 25,17,000 shares on offer. The retail and NII participation stood at 17.53x and 10.97x, respectively. The three-day IPO bidding will be closed on July 7. Cryogenic OGS, founded in 1997, is a Vadodara-based manufacturer of customised measurement and filtration equipment for the oil, gas, chemical, and fluid industries. Cryogenic OGS IPO GMP Today According to market observers, unlisted shares of Cryogenic OGS Ltd are currently trading at Rs 69 over its upper IPO price of Rs 47. It means a grey market premium or GMP of Rs 22, which is 46.81% over its issue price, indicating strong listing gains for investors. This is higher than the 42.55% GMP recorded on Wednesday. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The basis of allotment of the Cryogenic OGS IPO will be finalised on July 8. Its listing will take place on July 10, on the BSE SME platform. The price band of the IPO has been fixed in the range of Rs 44 to Rs 47 apiece. Its minimum lot size is 3,000. It means investors will have to apply for a minimum of 3,000 shares or in multiple thereof. Retail investors require a minimum capital of Rs 2,64,000 to apply for the IPO. The Cryogenic OGS IPO, which is a bookbuilding of Rs 17.77 crore, is entirely a fresh issue of 37.80 lakh shares. The proceeds will be utilised towards meeting working capital requirements, general corporate purposes, and public issue expenses, as per the RHP. The company's revenue increased by 32% and profit after tax (PAT) rose by 15% between the financial year ending with March 31, 2025 and March 31, 2024. Beeline Capital Advisors Pvt Ltd is the book-running lead manager of the Cryogenic OGS IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the market maker for Cryogenic OGS IPO is Spread X Securities Private Limited.
Indian Express
03-07-2025
- Business
- Indian Express
Cryogenic OGS IPO subscription begins: Check price band, latest GMP, allotment and listing date
Cryogenic OGS IPO: The subscription for the initial public offering of Cryogenic OGS Limited opened Thursday (July 3). The three-day subscription will close on July 5. The Cryogenic OGS IPO has a price band of Rs 44 to Rs 47. According to multiple websites that track grey market activities, Cryogenic OGS Limited's shares are commanding a premium of Rs 20. This translates into a GMP of 42.55 per cent. According to the details available, Cryogenic OGS Limited is likely to be finalised on July 8. The allotment status will be released online on the official website of the registrar — Link Intime India Private Limited. Besides, the allotment status will also be made available on the official websites of the Bombay Stock Exchange (BSE). Cryogenic OGS Limited's shares are proposed to be listed on BSE. The listing will likely take place on July 10. Cryogenic OGS Limited IPO face value is Rs 10 and the tick size is Re 1. Beeline Capital Advisors Private Limited is the book running lead manager of Cryogenic OGS IPO. The sponsor bank of Cryogenic OGS IPO is Axis Bank. The total issue size of Cryogenic OGS IPO is 37,80,000. The Cryogenic OGS IPO has a lot size of 3000 equity shares. According to the PTI, the Cryogenic OGS Limited is a comprehensive solutions provider, offering end-to-end services in design, process engineering, manufacturing, and assembly. The company supplies critical products such as basket strainers, air eliminators, Truck and Wagon Loading Skids to oil and gas terminal Automation Project throughout India, serving major industry players.
