214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Oval Projects Engineering IPO (Oval Projects Engineering Limited IPO) Detail

Oval Projects Engineering Limited is an Engineering - EPC based company, located in Agartala, Oval Projects Engineering Limited IPO size was 46.74 Cr. and was issued at 85.00 per share. The share of Oval Projects Engineering Limited were listed at 85.25 per share and are currently trading at 66.00 per share.

Type :
Sub Sector : Infrastructure Services Company
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
102.28 Cr.

PAT :
9.33 Cr.

Pricing Report

Issue Price :
85.00

Listing Price :
85.25

Current Market Price :
66.00

Issue Price vs CMP :
19 (22.35%)

listing Price vs CMP :
19.25 (22.58%)

Performance Report (CAGR* wise)

CAGR : -92.31
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Oval Projects Engineering

Company Information
Oval Projects Engineering is primarily an infrastructure services company engaged in the business of providing engineering, procurement and construction (“EPC”) industrial infrastructure services and operations and maintenance (“O&M”) services to their PAN India customers especially in the Oil & Gas sector. Headquartered at Agartala Tripura, they commenced their business operations as a project management consultancy company. Over the last decade, they have expanded and diversified their business services to EPC, O&M and other infrastructure services and constantly improved their business processes. The Company is run by their visionary Promoter, Goutam Debnath who is having technical experience of over a decade in the oil and gas pipeline infrastructure services business and is the guiding force behind the successful execution of their business strategies over the years.
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Object of Issue
  • <p>To meet long-term working capital requirements General Corporate Purposes</p>

Oval Projects Engineering SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2025
IPO Size :
46.74 Cr.
Market Cap :
176.54 Cr.   
IPO Subscription :
1.61 X     
PE Multiple :
18.92
Merchant Banker :
Smc Capitals Limited
IPO Registrar:
Mas Services Limited
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Oval Projects Engineering operates in Engineering - EPC and Infrastructure Services Company. The Issue is listed on BSE SME in Sep, 2025. Oval Projects Engineering IPO size was 46.74 Cr. with Issue price of 85.00 .

Oval Projects Engineering IPO subscription was 1.61 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Oval Projects Engineering IPO listed at a listing price of 85.25 against the offer price of 85.00.

The current market price of Oval Projects Engineering is 66.00.

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