58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

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

Oval Projects Engineering IPO is a book build IPO listing on BSE SME exchange. The company is based in Agartala and caters to Engineering - EPC sector. Smc Capitals is the merchant banker of Oval Projects Engineering IPO. It is a SME UPCOMING IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th January 2025.

Oval Projects Engineering IPO open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].

IPO Category : SME UPCOMING
Exchange : BSE SME
Issue Type : Book Building

Oval Projects Engineering IPO Date

Date of DRHP:
5th January 2025
IPO Allotment Date:
[●]
IPO Open Date:
[●]
Initiation of Refund:
[●]
IPO Closing Date:
[●]
IPO Listing Date:
[●]

Oval Projects IPO Info, Size, Subscription

Oval Projects Engineering IPO size is Rs [●] crores with IPO price of Rs [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
[●]

Issue Price:
[●]

Market Capitalisation :
[●]

PE multiple :
[●]

Subscription :
[●]

Pre Issue Promoter Holding :
73.75 %

Post Issue Promoter Holding :
0.00%

Oval Projects Engineering IPO Information

Sub Sector :
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 AgartalaTripura, 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. His
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Object of Issue (Oval Projects IPO Objectives)

  • To meet long-term working capital requirements
  • General Corporate Purposes

Smc Capitals Limited is the book-running lead manager of the Oval Projects Engineering IPO. MAS Services Limited is the Registrar and Market Maker is [●] for Oval Projects Engineering IPO.

Oval Projects IPO Market Maker

[●]

Oval Projects IPO Registrar (RTA)

MAS Services Limited

Oval Projects IPO Lead Manager (BRLM)

Smc Capitals Limited

Oval Projects Engineering IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Oval Projects Engineering IPO?

Oval Projects Engineering IPO, based in Agartala, operates in the   Engineering - EPC sector with a focus on . The company is launching its SME UPCOMING IPO on the BSE SME exchange, using the Book Building Issue method. Oval Projects Engineering IPO size is ₹ [●] Crores with fresh issue size of Rs [●] Crores and Offer for sale being Nil.

When is Oval Projects IPO allotment?

The IPO allotment date for Oval Projects Engineering IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Oval Projects Engineering IPO allotment status on the registrars website, MAS Services Limited. Oval Projects Engineering IPO refund dates are [●].

When is Oval Projects Engineering IPO listing date?

Oval Projects Engineering IPO is expected to be listed on [●].

What is the price band for Oval Projects IPO?

The upper price band for the Oval Projects Engineering IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Oval Projects Engineering IPO Review?

For IPO analysis on Oval Projects Engineering IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Oval Projects Engineering IPO?

To apply for the Oval Projects Engineering IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Oval Projects Engineering IPO is finalised.

Who is the merchant banker of Oval Projects IPO?

The merchant banker for Oval Projects Engineering IPO is Smc Capitals Limited . Smc Capitals Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Oval Projects Engineering IPO RHP for further details.

Who is the Registrar of Oval Projects Engineering IPO?

The registrar for Oval Projects Engineering IPO is MAS Services Limited. Investors can go to MAS Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Oval Projects Engineering IPO through their official website or helpline.

What is the Oval Projects Engineering IPO subscription?

Oval Projects Engineering IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: [●] Avg IPO Size (Sector Based) : [●]
  • Sector: Engineering - EPC SME IPO so far: 20
  • Merchant Banker: Smc Capitals SME IPO by BRLM so far: 47
  • City: Agartala SME IPO so far: 1
  • Revenue (annualised): ₹ 62.90 cr.
            PAT: (annualised): ₹ 7.74 cr.
  • PE Ratio: [●] Average Sector PE Ratio: [●]
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FAQs

Oval Projects Engineering IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Oval Projects Engineering Financial Review Page

Oval Projects Engineering IPO subscription was 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 against the offer price of .

The current market price of Oval Projects Engineering is .

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