| Category | Subscription | Shares Offered | % of Total | Amount (₹Cr) |
|---|---|---|---|---|
|
Market Maker
|
Awaited |
304,000
5.53% |
5.53%
|
₹2.58 |
|
QIB
|
Over 1.00x
|
1,560,000
28.37% |
28.37%
|
₹13.26 |
|
NII / HNI
|
Over 1.00x
|
1,440,000
26.19% |
26.19%
|
₹12.24 |
|
Retail
|
Over 1.00x
|
2,195,200
39.92% |
39.92%
|
₹18.66 |
| Total | 1.00x | 5,499,200 |
100% | ₹46.74 |
| Category | Shares Offered | Amount (₹Cr) | Size (%) |
|---|---|---|---|
| QIB | 1,560,000 | ₹13.26 |
28.37%
|
| Market Maker | 304,000 | ₹2.58 |
5.53%
|
| NII | 1,440,000 | ₹12.24 |
26.19%
|
| Retail | 2,195,200 | ₹18.66 |
39.92%
|
| Total | 5,499,200 | ₹46.74 |
100.00%
|
| QIB | NII | Retail | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (shares) | — | — | — | — | — | 1,440,000 | 2,195,200 | 3,635,200 |
| Allotment price (₹) | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (₹Cr) | — | — | — | — | — | — | ₹18.66 | ₹18.66 |
| Times subscribed | 1 | — | — | — | — | 1 | 1 | 1 |
| Shares allotted | — | — | — | — | — | 1,440,000 | 2,195,200 | 3,635,200 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 3,200 | ₹272,000 |
| Retail (Max — 13 Lots) | 13 | 20,800 | ₹1,768,000 |
| S-HNI (Min — 14 Lots) | 14 | 22,400 | ₹1,904,000 |
| B-HNI (Min — 68 Lots) | 68 | 108,800 | ₹9,248,000 |
Oval Projects Engineering Ltd. is proposing an IPO on BSE SME under the SME category. Total issue: 54,99,200 shares (aggregating up to ₹46.74 Cr).
Opens 28 Aug 2025, closes 01 Sep 2025. Listing: 04 Sep 2025. Apply via ASBA or UPI.
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 103.44 | 78.99 | 64.09 |
| EBITDA | 18.08 | 9.89 | 3.46 |
| Profit After Tax (PAT) | 9.33 | 4.40 | 3.19 |
| Net Worth | 55.88 | 33.67 | 17.75 |
| Total Assets | 156.23 | 103.80 | 82.25 |
| Reserves & Surplus | 40.61 | 20.00 | 17.68 |
| Borrowings | 53.70 | 32.41 | 32.21 |
| EBITDA Margin (%) | 17.68% | — | — |
| PAT Margin (%) | 9.12% | — | — |
Oval Projects Engineering Ltd. IPO is subscribed 1.00 times by Sep 01, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.
| Investor Category | Subscription |
|---|---|
| Qualified Institutional (QIB) | 1.00x |
| Non Institutional (NII/HNI) | 1.00x |
| Retail Individual | 1.00x |
| Total Subscription | 1.00x |
The Oval Projects Engineering Ltd. IPO retail category is subscribed 1.00 times as of 01 Sep 2025. The retail portion is oversubscribed.
Subscribe via your broker app using ASBA or UPI. Opens 28 Aug 2025 and closes 01 Sep 2025. Min investment: ₹136,000 (1 lot = 1,600 shares). UPI mandate: 2025-09-01.
The Oval Projects Engineering Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.
Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 07 Sep 2025. Refunds: on 08 Sep 2025.
The Oval Projects Engineering Ltd. IPO listing date is 04 Sep 2025, Thursday. Listed on: BSE SME. Issue price: ₹85. Estimated listing: ₹85. GMP: NIL.
The Oval Projects Engineering Ltd. IPO closes on 01 Sep 2025, Monday. UPI mandate: 2025-09-01. Allotment: 07 Sep 2025. Listing: 04 Sep 2025.