
Oval Projects Engineering Limited IPO
Oval Projects Engineering Limited 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.
Oval Projects Engineering Limited IPO overview
Oval Projects Engineering Limited IPO Key figures
Price band, lot, minimum application, and issue window at a glance.
Oval Projects Engineering Limited IPO important dates
Oval Projects Engineering Limited IPO lot size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,72,000 |
| S-HNI (Min) | 3 | 4,800 | ₹4,08,000 |
| S-HNI (UPI) | 3 | 4,800 | ₹4,08,000 |
| S-HNI (Max) | 7 | 11,200 | ₹9,52,000 |
| B-HNI (Min) | 8 | 12,800 | ₹10,88,000 |
About Oval Projects Engineering Limited IPO
From the company / RHP narrative.
The company specializes in upstream, midstream, and downstream activities in the Oil and Gas sector, including pipeline laying, processing plants, CGS work, and O&M services for power plants and EPC projects.
The company offers turnkey solutions spanning upstream, midstream, and downstream segments, with a strong presence in regions like Agartala, Tripura, and various other locations nationwide.
The company has successfully executed over 900 km of pipeline installations and continues to engage in diverse projects within the Oil &; Gas and Power sectors.
Business Segment:
Oil & Gas Infrastructure: The company's Oil & Gas Infrastructure vertical focuses on designing and executing gas processing plants, oil/petrochemical storage terminals, pipeline laying, and developing infrastructure for distribution.
Oil and Gas Operation and Maintenance: The company provides O&M services to CGD companies and public sector entities, including pipeline repairs, maintenance, scheduled shutdowns, and management of gas genset power plants and CNG stations.
Special Infrastructure projects: The company gained expertise in civil infrastructure during oil and gas plant projects, executing specialized works. It now handles technical infrastructure projects funded by the government, World Bank, and ADB.
As of March 31, 2025, the company had 123 on-roll employees.
Competitive Strength:
Strong Project execution capabilities
Experienced Promoter and Management Team
Optimal Utilization of Resources
Visible growth through a robust order book
Leveraging the market skills and relationship
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