Cryogenic OGS IPO is scheduled to open on July 3, 2025, and will close on July 7, 2025. It is a Book Built Issue through which the company aims to raise approximately ₹17.77 crores. This includes a fresh issue of ₹17.77 crores and an offer for sale of up to [.] equity shares, each carrying a face value of ₹10.

The IPO price band has been set between ₹44 and ₹47 per share. The issue allocation includes 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). Cryogenic OGS is expected to list on the BSE on July 10, 2025, with the allotment date set for July 8, 2025.

In terms of financial performance, the company recorded a revenue of ₹33.79 crores in 2025, compared to ₹25.67 crores in 2024. Net profit also rose to ₹6.12 crores in 2025 from ₹5.35 crores the previous year. Based on these financials, the IPO appears to be a solid option for long-term investment.

About Cryogenic OGS IPO

Established in September 1997, Cryogenic OGS Limited is a growing company engaged in the manufacturing and assembly of high-quality measurement and filtration equipment for industries such as oil, gas, chemicals, and related fluid sectors. The company focuses on delivering innovative and customized solutions tailored to the specific needs of these industries. Its product range includes a variety of equipment such as Basket Strainers, Air Eliminators, Prover Tanks, Additive Dosing Skids, and Truck/Tank Wagon Loading Skids.

Cryogenic’s manufacturing facility is located in Vadodara, Gujarat, and spans an area of 8,300 square meters. The company produces and supplies a wide array of products under a certified quality system, including Chemical Dosing Skids, Additive Dosing Skids, Basket Strainers, Air Eliminators, Gas Metering Skids, Pressure Reduction Skids, Filtration Skids, Liquid Metering Skids, Prover Tanks, Additive Injection Panels, and Batch Blending Vessels. As of March 31, 2024, Cryogenic OGS Limited employed a total of 23 permanent staff members.