OVAL PROJECTS ENGINEERING LIMITED

28 Aug 2025 - 01 Sep 2025 Individual Category SME BSE

Min Investment

₹272000

Price Band

₹80-₹85

Issue Size

45.63 lakhs
Equity Shares

Lot Size

1600 (per lot)

IPO Dates
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28 Aug 2025

Open Date

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01 Sep 2025

Close Date

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02 Sep 2025

Allotment Date

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04 Sep 2025

Listing Date

Oval Projects Engineering IPO open date is August 28, 2025, and the closing date is September 1, 2025. This new IPO is a book-built issue of 54,99,200 equity shares worth up to Rs 46.74 crores. The issue is entirely a fresh issue of 0.55 crore shares worth up to Rs 46.74 crore. Oval Projects Engineering IPO price band is Rs 80 to Rs 85 per share. As of now, the Oval Projects Engineering IPO GMP is Rs 4. Live IPO Grey Market Premium details will be available online. Oval Projects Engineering IPO allotment status is available on Tuesday, September 2, 2025. Oval Projects Engineering IPO lot size is 1600 shares. The minimum investment for retail investors for one lot is Rs 2,72,000. The registrar for the Oval Projects Engineering IPO is MAS Services Ltd. The Oval Projects Engineering IPO listing date is September 4, 2025.

Know Before Investing

Strengths icon

  • Deep expertise in Oil Gas and Energy sectors.
  • Successful execution of 900 km of pipeline projects.
  • Skilled team handling comprehensive EPC solutions.

Weaknesses icon

  • Minimal diversification outside energy infrastructure.
  • High working capital needs affect financial flexibility.
  • Dependence on government contracts raises risk exposure.

About Oval Projects Engineering Limited

Oval Projects Engineering Ltd., established in 2013 and headquartered in Agartala, Tripura, is recognised for delivering infrastructure solutions across the oil and gas, City Gas Distribution, urban development, and Energy sectors in India. The company offers a comprehensive suite of services, including engineering, procurement, and construction (EPC) projects for pipelines, gas processing plants, methanol and CNG stations, as well as civil works for urban and industrial development. Oval Projects Engineering Ltd. stands out for its comprehensive end-to-end project management capabilities, innovative adoption of modern technology, and rigorous adherence to global safety and environmental standards. Over the years, they’ve built a diverse portfolio of more than 30 completed projects, earning repeat business from government entities and leading organisations due to their reliability, innovation, and timely execution. Oval Projects Engineering Ltd. continuously invests in skill development and process optimisation, fostering sustainable infrastructure growth across India.

Founded

2013

Managing Director

Goutam Debnath

Parent Organization

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IPO Objectives

Oval Projects Engineering Ltd. intends to utilise the net proceeds from its IPO primarily towards meeting the long-term working capital requirements of the Company, amounting to ₹37.03 crores, and for general corporate purposes.

Company Promoters

Goutam Debnath

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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