What is the minimum investment required for retail investors?

1,36,000 (1600 shares at upper band of 85). Lot size is 1600 shares.

Is Oval Projects Engineering Limited IPO good for long-term investment?

Fundamentals show mixed signals. Consider company financials, sector trends, and market conditions. Many suggest applying for listing gains rather than pure long-term hold for IPOs.

IPOs carry inherent risks: market volatility, dependency on sector performance, competition, and market sentiment. SME IPOs carry additional risks: low liquidity and higher volatility. Monitor subscription levels and market conditions before investing.

Long-term: If you believe in the company's growth prospects and sector outlook. Avoid if conservative or risk-averse.

Oval Projects Engineering Limited IPO – Price ₹85 | Listed at 85.25 (+0.29%) Gain

Oval Projects Engineering Limited IPO – Price ₹85 | Listed at 85.25 (+0.29%) Gain | IPO Ideas