Cryogenic OGS IPO Date, Price, Details

Cryogenic OGS is set to launch its IPO in 2025, with the offering scheduled to open and close within the same year. This IPO will follow the Book Build route. The company aims to raise approximately ₹[.] crores, which includes a fresh issue worth ₹[.] crores and an offer for sale of up to [.] equity shares, each carrying a face value of ₹10.

The price band for Cryogenic OGS IPO is expected to be between ₹[.] and ₹[.] per share. The allocation structure reserves 50% of the issue for Qualified Institutional Buyers (QIBs), 15% for High Net-Worth Individuals (HNIs), and 35% for retail investors. The IPO is proposed to be listed on the BSE in 2025, with allotment finalization also set for the same year.

Financially, the company posted a revenue of ₹25.67 crores in FY 2024, up from ₹22.71 crores in FY 2023. Net profit also rose to ₹5.38 crores in 2024 from ₹4.08 crores in the previous fiscal year.

Cryogenic OGS is set to launch its IPO in 2025, with the offering scheduled to open and close within the same year. This IPO will follow the Book Build route. The company aims to raise approximately ₹[.] crores, which includes a fresh issue worth ₹[.] crores and an offer for sale of up to [.] equity shares, each carrying a face value of ₹10. The price band for Cryogenic OGS IPO is expected to be between ₹[.] and ₹[.] per share. The allocation structure reserves 50% of the issue for Qualified Institutional Buyers (QIBs), 15% for High Net-Worth Individuals (HNIs), and 35% for retail investors.

Cryogenic OGS IPO Market Lot Size

The Cryogenic OGS IPO minimum market lot is [.] shares with ₹[.] application amount.

Application

Lot Size

Shares

Amount

Retail Minimum

1

₹-

Retail Maximum

1

₹-

S-HNI Minimum

2

₹-

Cryogenic OGS IPO Details

IPO Open Date:

2025

IPO Close Date:

2025

Face Value:

₹10 Per Equity Share

IPO Price Band:

₹[.] to ₹[.] Per Share

Issue Size:

Approx ₹[.] Crores

Fresh Issue:

Approx ₹[.] Crores

Offer for Sale:

Approx [.] Equity Shares

Issue Type:

Book Build Issue

IPO Listing:

BSE SME

Retail Quota:

Not more than 35%

QIB Quota:

Not more than 50%

NII Quota:

Not more than 15%

Cryogenic OGS IPO Valuation – FY2024 (KPI)

Explore the valuation metrics of the Cryogenic OGS IPO, including key financial indicators such as Earnings Per Share (EPS), Price-to-Earnings (P/E) ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).

KPI

Values

ROE:

26.61%

ROCE:

29.04%

EBITDA Margin:

26.33%

PAT Margin:

22.17%

Debt to equity ratio:

NA

Earning Per Share (EPS):

₹5.12 (Basic)

Price/Earning P/E Ratio:

N/A

Return on Net Worth (RoNW):

23.49%

Net Asset Value (NAV):

₹21.81

Cryogenic OGS IPO Company Financial Report

In the financial year 2024, the company recorded a revenue of ₹25.67 crores, marking an increase from ₹22.71 crores reported in 2023. Net profit also saw growth, rising to ₹5.38 crores in 2024 compared to ₹4.08 crores in the previous year.
(Amount in ₹ Crores)

Period Ended

Revenue

Expense

Profit After Tax

Assets

2022

₹24.00

₹19.57

₹3.28

₹22.43

2023

₹22.71

₹17.23

₹4.08

₹24.00

2024

₹25.67

₹18.55

₹5.38

₹28.35

Cryogenic OGS IPO Dates

The Cryogenic OGS IPO is scheduled to open in 2025 and will conclude within the same year. Share allotment is expected to be finalized in 2025, followed by the listing of the IPO on the stock exchange, also in 2025.

IPO Open Date:

2025

IPO Close Date:

2025

Basis of Allotment:

2025

Refunds:

2025

Credit to Demat Account:

2025

IPO Listing Date:

2025

Promoters of Cryogenic OGS IPO

The promoters of the company are Mr. Nilesh Natvarlal Patel, Mrs. Kiranben Nileshbhai Patel and Mr. Dhairya Patel.

About Cryogenic OGS IPO

Founded in September 1997, Cryogenic OGS Limited is one of the growing companies that are involved in the manufacturing and assembly of high-quality measurement and filtration equipment for industries that include oil, gas, chemicals, and related fluid sectors. Cryogenic concentrates on innovative and customized services for oil, gas, chemicals, and allied fluid industries and provides customized solutions in order to meet their customers’ requirements. The product portfolio consists of a wide range of products, including Basket Strainers, Air Eliminators are essential, Prover Tanks, Additive Dosing Skid, and Truck Loading/Tank Wagon Loading Skid. Its manufacturing facility is located in Vadodara, Gujarat, situated across 8300 square meters. Products such as Chemical Dosing Skids, Additive Dosing Skids, Basket Strainers, Air Eliminators, Gas Metering Skids, Pressure Reduction Skids, Filtration Skids, Liquid Metering Skids, Provar Tanks, Additive Injection Panels, and Batch Blending Vessels are manufactured and supplied by its certified quality system. The company includes a total of 23 permanent employees as of March 31, 2024.

Peer Group Comparison

Company

EPS

PE Ratio

RoNW %

NAV

Income

Loyal Equipments Limited

6.95

22.54

23.96%

29.00

708.20 Cr.

Objects of the IPO
  • To support the company’s working capital needs

  • For general corporate activities and strategic initiatives

  • To cover expenses related to the public issue

Merchant Bankers
  • Beeline Capital Advisors Pvt Ltd
Company Address

Cryogenic OGS Limited
60, 61, 62, 63 POR Industrial Park
Behind Sahyog Hotel,
POR
Vadodara, Gujarat, 391243
Phone: +91 98988 6713
Email: [email protected]
Website: https://www.cryogenicogs.com/

Cryogenic OGS IPO Registrar

MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/Initial_Offer/public-issues.html

Check Grey market premium at below 

(GMP)

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