IPO market

Oval Projects Engineering IPO is a SME book building IPO. Price band is ₹85 per share. Minimum investment is ₹2.72 L. Lot size is 1600 shares. Open from 28 Aug 2025 to 1 Sept 2025. Allotment on 2 Sept 2025. Listing on 4 Sept 2025 at BSE. Managed by SMC Capitals Ltd. Registrar: MAS Services Ltd.. Key details for GMP, subscription, price, allotment, and listing in one place.
Live IPO subscription for Oval Projects Engineering IPO across categories. Total demand ₹71.79 L vs offered ₹51.95 L.
| Category | Offered | Placed | Times |
|---|---|---|---|
| QII | 15,60,000 | 38,76,800 | 2.49 |
| NII | 14,40,000 | 14,91,200 | 1.04 |
| NII (>10L) | 9,60,000 | 12,62,400 | 1.31 |
| NII (<10L) | 4,80,000 | 2,28,800 | 0.48 |
| Retail | 21,95,200 | 18,11,200 | 0.83 |
| Total | 71,79,200 | 51,95,200 | 1.38 |
| Category | Offered | Placed | Times |
|---|---|---|---|
| HNI (>10L) | 199 | 65 | 0.33 |
| HNI (3-10L) | 100 | 48 | 0.48 |
| Retail | 686 | 566 | 0.83 |
| Total | 679 | 985 | 0.69 |
How to read QIB / NII / Retail demand and what it implies.