Cryogenic OGS Ltd IPO Price Range is ₹44 - ₹47, with a minimum investment of ₹1,41,000 for 6000 shares per lot.
Subscription Rate
462.793x
Minimum Investment
₹1,41,000
/ 6000 shares
IPO Status
Price Band
₹44 - ₹47
Bidding Dates
Jul 3, 2025 - Jul 7, 2025
Issue Size
₹17.77 Cr
Lot Size
6000 shares
Min Investment
₹1,41,000
Listing Exchange
BSE
IPO subscribed over
🚀 462.793x
This IPO has been subscribed by 773.795x in the retail category and 209.594x in the QIB category.
Total Subscription | 462.793x |
Retail Individual Investors | 773.795x |
Qualified Institutional Buyers | 209.594x |
Non Institutional Investors | 1155.733x |
Name | Cryogenic OGS Ltd |
Strong and Unique Product Technology.
Experienced Promoters, Management and a well- trained employee base.
Consistency in Quality and Service Standards.
Established Relationships with Suppliers.
Stable Customer Base.
Any increase in the cost of its raw material or a shortfall in the supply of the company raw materials, may adversely affectthe pricing and supply of its products and have an adverse effect on the company business, results of operations and financialcondition.
Its top five customers contribute majority of our revenues from operations. Any loss of business from one or moreof them may adversely affect the company revenues and profitability.
The company is significantly dependent on the sale of Air eliminators and oil and gas metering skids. An inability toanticipate or adapt to evolving up gradation of the required products or inability to ensure product quality orreduction in the demand of these products may adversely impact its revenue from operations and growth prospects
Majority of its Revenue from Operation (RFO) is generated from state of Gujarat and Maharashtra. Any adversedevelopment affecting the company operations in this region could have an adverse impact on its business, financialcondition and results of operations.
The company is subject to strict quality requirements, customer inspections and audits, and any failures to comply with qualitystandards may lead to cancellation of existing and future orders and could negatively impact its reputation and the companybusiness and results of operations and future prospects.
The sector in which the company operates is capital intensive in nature and the business model the company is switching to would makeit more capital intensive. The company requires substantial financing for its business operations and the failures to obtainadditional financing on terms commercially acceptable to us may adversely affect its ability to grow and the company futureprofitability.
Its business requires the services of third party manufacturers and suppliers, which entail certain risks.
The company has had certain inaccuracy in relation to regulatory filings and the company has made non-compliances ofcertain provision under applicable law.
The Company had negative cash flows in the past years, details of which are given below. Sustained negative cashflow could impact its growth and business.
Its may be subject to risks associated with product warranty.