Cryogenic OGS IPO: These days is the closing day to subscribe to the IPO of Cryogenic Ogs Ltd i.e. July 7. The corporate is making plans to lift ₹ 17.77 crore thru its IPO. Till 2:00 pm at the closing day of bidding, this factor has gained 446.80 occasions subscription. Retail traders have bid 533.78 occasions, whilst non-institutional traders have bid 729.32 occasions. Eligible institutional traders have gained their quota 81.17 occasions subscription.
Allow us to inform you that the cryogenic OGS put in in Vadodara in 1997 makes tailored measurements and filtration merchandise for oil, fuel, chemical and fluid industries. The corporate’s earnings greater by means of 32% and PAT by means of 15% between the monetary years ended on 31 March, 2025 and 31 March 2024.
Whole knowledge of Cryogenic OGS IPO
The fee band of Cryogenic OGS IPO IPO has been mounted to ₹ 44 to ₹ 47 according to percentage. The Cryogenic OGS IPO of ₹ 17.77 crore is a bookbuilding factor, which is an absolutely recent factor of 37.80 lakh stocks. Its minimal lot measurement is 3,000 stocks. Which means that traders must practice for at least 3,000 stocks or its multiples. Retail traders require a minimal capital of ₹ 2,64,000 to use for IPO. Cryogenic Ogs of IPO
In keeping with the corporate’s pink herring prospectus, the source of revenue from the IPO can be used to satisfy operating capital necessities, normal company functions and public output bills. Beeline Capital Advisors Pvt Ltd Cryogenic OGS is the book-hanging lead supervisor of IPO, whilst MUFG INTIME is a registrar of India Non-public Restricted (Hyperlink Intime) Factor.
How a lot is Cryogenic OGS IPO’s newest GMP?
In keeping with the observers of the IPO marketplace, unlisted stocks of Cryogenic OGS LTD are lately buying and selling at ₹ 73 towards the higher band of IPO Worth at ₹ 47. This is, its grey marketplace top rate or GMP is lately ₹ 26, which is 55.32% extra at its factor worth. The newest GMP of Cryogenic OGS IPO is indicating bumper checklist good points to traders.