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Home All IPOs Oval Projects Engineering Ltd. IPO
Oval Projects Engineering Ltd. IPO
BSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹85
Issue Price
₹85
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹85
GMP based
Lot Size
1,600
shares / lot
Min Amount
₹136,000
1 lot · 1,600 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
28 Aug 2025
Thu Completed
Done
Close Date
01 Sep 2025
Mon Completed
Done
Allotment
02 Sep 2025
Tue Completed
Done
Refund
03 Sep 2025
Wed Completed
Done
Demat Credit
03 Sep 2025
Wed Completed
Done
Listing Date
04 Sep 2025
Thu Completed
UPI Deadline: 01 Sep 2025
Issue Details
Pricing & Size
Issue Price
₹85 Face ₹10
Lot Size
1,600 shares
Min Investment
₹136,000
Total Issue Size
54,99,200 shares (aggregating up to ₹46.74 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,04,000 (5.53%)
QIB Portion
15,60,000 (28.37%)
NII / HNI
14,40,000 (26.19%)
Retail
21,95,200 (39.92%)
Employee
-
Net Offer to Public
51,95,200 shares (aggregating up to ₹44.16 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,52,70,068 shares
Post-Issue Shareholding
2,07,69,268 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 2 3200 ₹2,72,000
HNI / NII 3 4800 ₹4,08,000
Objects of Issue
2 objectives
1
1 Utilization towards long-term working capital requirements of the Company
37.03 Cr
2
2 General Corporate Purposes
3.94 Cr
Lead Managers & Market Maker
Book Running Lead Managers
SMC Capitals Ltd.
Market Maker
SMC Global Securities Ltd.
IPO Timeline
Open
28 Aug
✓ Done
Close
01 Sep
✓ Done
Allotment
02 Sep
✓ Done
Listing
04 Sep
✓ Done
Registrar Details
MAS Services Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
(011) 2610 4142
Email
ipo@masserv.com
Company Contact
Email
cs@ovalprojects.com
Phone
+91 7085049473
Address
House No. 451568, Milan Chakra, (Near Prajapita Brahmakumari Center) Badharghat, P.O. A.D. Nagar Agartala, Tripura, 799003
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹85
Est. Listing
₹85
Lot Size
1,600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Oval Projects Engineering Ltd. LIVE
INR ·
vs Issue
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High
Low
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P/E
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| Price
Market Reference
IPO Issue Price
₹85
GMP
+₹0 (+0%)
GMP Est. Listing
₹85
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 15,60,000 (28.37%) ₹1,326.00 Cr
NII / HNI (Total) 14,40,000 (26.19%) ₹1,224.00 Cr
Retail Investors 21,95,200 (39.92%) ₹1,865.92 Cr
Total ** 54,99,200 (100.00%) ₹46,743.20 Cr
Market Maker * 3,04,000 (5.53%) ₹25.84 Cr
* Based on ₹85.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
15,60,000 (28.37%)
NII
14,40,000 (26.19%)
Retail
21,95,200 (39.92%)
Market Maker
3,04,000 (5.53%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31 Mar 202531 Mar 202431 Mar 2023
Revenue103.4478.9964.09
PAT9.334.403.19
EBITDA18.089.893.46
Net Worth55.8833.6717.75
Total Assets156.23103.8082.25
Reserves40.6120.0017.68
Borrowings53.7032.4132.21
Key Financial Ratios
20.85%
ROE
Return on Equity
21.32%
ROCE
Return on Capital Employed
20.85%
RONW
Return on Net Worth
9.12%
PAT Margin
PAT / Revenue
17.68%
EBITDA Mgn
EBITDA / Revenue
2.67
P/BV
Price to Book Value
6.11
Pre EPS
EPS Pre-Issue
4.49
Post EPS
EPS Post-Issue
13.91
Pre P/E
P/E Pre-Issue
18.92
Post P/E
P/E Post-Issue
About Oval Projects Engineering Ltd.

Incorporated in 2013, Oval Projects Engineering Limited is an infrastructure development company specializing in the Oil & Gas, City Gas Distribution, Urban Development, and Energy sectors across India.

The company specializes in upstream, midstream, and downstream activities in the Oil and Gas sector, including pipeline laying, processing plants, CGS work, and O&M services for power plants and EPC projects.

The company offers turnkey solutions spanning upstream, midstream, and downstream segments, with a strong presence in regions like Agartala, Tripura, and various other locations nationwide.

The company has successfully executed over 900 km of pipeline installations and continues to engage in diverse projects within the Oil &; Gas and Power sectors.

Business Segment:

  • Oil & Gas Infrastructure: The company's Oil & Gas Infrastructure vertical focuses on designing and executing gas processing plants, oil/petrochemical storage terminals, pipeline laying, and developing infrastructure for distribution.
  • Oil and Gas Operation and Maintenance: The company provides O&M services to CGD companies and public sector entities, including pipeline repairs, maintenance, scheduled shutdowns, and management of gas genset power plants and CNG stations.
  • Special Infrastructure projects: The company gained expertise in civil infrastructure during oil and gas plant projects, executing specialized works. It now handles technical infrastructure projects funded by the government, World Bank, and ADB.

As of March 31, 2025, the company had 123 on-roll employees.

Competitive Strength:

  • Strong Project execution capabilities
  • Experienced Promoter and Management Team
  • Optimal Utilization of Resources
  • Visible growth through a robust order book
  • Leveraging the market skills and relationship
Frequently Asked Questions
What is the issue price of Oval Projects Engineering Ltd. IPO?
The issue price of Oval Projects Engineering Ltd. IPO is ₹85 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,600 shares, requiring ₹136,000.
What are the IPO dates?
Opens 28 Aug 2025, closes 01 Sep 2025.
When is the listing date?
Tentative listing: 04 Sep 2025 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹85 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Oval Projects Engineering Ltd. IPO · Expected 02 Sep 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
02 Sep 2025
Refund Initiation
03 Sep 2025
Demat Credit
03 Sep 2025
Listing Date
04 Sep 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹85
Face ₹10
Lot Size
1,600
shares / lot
Min Amount
₹136,000
1 lot
Est. Listing
₹85
GMP +₹0
Key Dates
Open
28 Aug Done
Close
01 Sep Done
Listing
04 Sep Done
Registrar
MAS Services Ltd.
A
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