OVAL PROJECTS ENGI...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO OVAL PROJECTS ENGI...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
Live GMP
Back to IPOs
Oval Projects Engineering Ltd.

Oval Projects Engineering Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹85
₹85
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹85
Based on GMP
Min. Investment
₹136,000
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
28 Aug 2025
Close Date
01 Sep 2025
Allotment
02 Sep 2025
Listing Date
04 Sep 2025
Exchange
BSE SME
Price Band
₹85
Listing Price
See chart
Allotment Status
Price Band
₹85
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
54,99,200 shares (aggregating up to ₹46.74 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹136,000
1 lot
Pre-IPO Holding
1,52,70,068 shares
Promoters
Post-IPO Holding
2,07,69,268 shares
Promoters
P/E (Pre)
13.91x
 
P/E (Post)
18.92x
 
EPS (Pre)
₹6.11
 
EPS (Post)
₹4.49
 
UPI Deadline
2025-09-01
Mandate
Anchor AllotmentWed, 27 Aug 2025
Basis of AllotmentTue, 02 Sep 2025
Refund InitiationWed, 03 Sep 2025
Demat CreditWed, 03 Sep 2025
Listing DayThu, 04 Sep 2025
UPI Mandate Deadline2025-09-01
Sale TypeFresh Capital
Net Offer to Public51,95,200 shares (aggregating up to ₹44.16 Cr)
Market Maker Quota3,04,000 shares (aggregating up to ₹2.58 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Oval Projects Engineering Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 01 Sep 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
304,000
₹2.58
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,499,200
100% ₹46.74
IPO Shares Offered
Oval Projects Engineering Ltd. IPO total issue size: ₹46.74 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 304,000 ₹2.58
5.53%
Total 5,499,200 ₹46.74
100.00%
* Based on upper price band ₹85 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹85.00
Upper Band
Min Investment
₹136,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹272,000
Retail (Max — 13 Lots)1320,800₹1,768,000
S-HNI (Min — 14 Lots)1422,400₹1,904,000
B-HNI (Min — 68 Lots)68108,800₹9,248,000
* Issue Price ₹85 × Lot Size 1,600 shares
IPO Schedule
Anchor
27 Aug 2025
✓ Done
IPO Open
28 Aug 2025
✓ Done
IPO Close
01 Sep 2025
✓ Done
Allotment
02 Sep 2025
✓ Done
Refunds
03 Sep 2025
✓ Done
Demat Credit
03 Sep 2025
✓ Done
Listing Day
04 Sep 2025
✓ Done
Oval Projects Engineering Ltd. — Live Price LIVE
₹85.00
INR · BSE
Fetching…
vs Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹85.00 Live Price
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 capabilitiesExperienced Promoter and Management TeamOptimal Utilization of ResourcesVisible growth through a robust order bookLeveraging the market skills and relationship
Objects of the Issue
1
1 Utilization towards long-term working capital requirements of the Company
2
2 General Corporate Purposes
Oval Projects Engineering Ltd. Financials (Amount in Crore)
Revenue from Operations
₹64.1
31 Mar 2023
₹79.0
31 Mar 2024
₹103.4
31 Mar 2025
Profit After Tax (PAT)
₹3.2
31 Mar 2023
₹4.4
31 Mar 2024
₹9.3
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 103.44 78.99 64.09
EBITDA 18.08 9.89 3.46
Profit After Tax (PAT) 9.33 4.40 3.19
Net Worth 55.88 33.67 17.75
Total Assets 156.23 103.80 82.25
Reserves & Surplus 40.61 20.00 17.68
Borrowings 53.70 32.41 32.21
EBITDA Margin (%) 17.68%
PAT Margin (%) 9.12%
P/BV Ratio
2.67
RoE
20.85%
RoCE
21.32%
RoNW
20.85%
PAT Margin
9.12%
EBITDA Margin
17.68%
Issue Structure & Shareholding
Total Shares Offered54,99,200 (100.00%)
Net Offer to Public51,95,200 shares (aggregating up to ₹44.16 Cr)
Reserved for Market Maker3,04,000 shares (aggregating up to ₹2.58 Cr)
Pre-Issue Promoter Holding1,52,70,068 shares
Post-Issue Promoter Holding2,07,69,268 shares
P/BV Ratio2.67
RoE20.85%
RoCE21.32%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
SMC Capitals Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Oval Projects Engineering Ltd. IPO subscribed?

Oval Projects Engineering Ltd. IPO is subscribed 1.00 times by Sep 01, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Oval Projects Engineering Ltd. IPO retail subscription status?

The Oval Projects Engineering Ltd. IPO retail category is subscribed 1.00 times as of 01 Sep 2025. The retail portion is oversubscribed.

How to subscribe Oval Projects Engineering Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 28 Aug 2025 and closes 01 Sep 2025. Min investment: ₹136,000 (1 lot = 1,600 shares). UPI mandate: 2025-09-01.

How many times Oval Projects Engineering Ltd. IPO subscribed?

The Oval Projects Engineering Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Oval Projects Engineering Ltd. IPO allotment?

Check allotment on the registrar website (MAS Services Ltd.) at https://www.masserv.com/opt.asp. Enter your PAN, application number or DP/Client ID. Allotment date: 02 Sep 2025. Refunds: on 03 Sep 2025.

When Oval Projects Engineering Ltd. IPO will be listed?

The Oval Projects Engineering Ltd. IPO listing date is 04 Sep 2025, Thursday. Listed on: BSE SME. Issue price: ₹85. Estimated listing: ₹85. GMP: NIL.

When Oval Projects Engineering Ltd. IPO close?

The Oval Projects Engineering Ltd. IPO closes on 01 Sep 2025, Monday. UPI mandate: 2025-09-01. Allotment: 02 Sep 2025. Listing: 04 Sep 2025.