Oval Projects Engineering Ltd
Price Range
₹80 - ₹85
-
Min. Quantity
3,200 Shares
Closes on
1 September 2025
-
Min. investment
₹2,72,000
Oval Projects Engineering Ltd IPO Timeline
Oval Projects Engineering Limited was originally incorporated as Oval Projects Engineering Private Limited' as a Private Limited Company dated October 7, 2013 issued by the Registrar of Companies, National Capital territory of Delhi and Haryana. Subsequently, the Company was converted to a Public Limited Company, and the name of the Company was changed to Oval Projects Engineering Limited' dated September 20, 2024 vide a fresh Certificate of Incorporation issued by Registrar of Companies, Central Processing Centre.
| Event | Date |
|---|---|
| Oval Projects Engineering Ltd IPO Opening Date | 28 August 2025 |
| Oval Projects Engineering Ltd IPO Closing Date | 1 September 2025 |
| Basis of Allotment | 2 September 2025 |
| Initiation of Refunds | 3 September 2025 |
| Credit of Shares to Demat | 3 September 2025 |
| Oval Projects Engineering Ltd IPO Listing Date | 4 September 2025 |
Oval Projects Engineering Ltd IPO Details
| Oval Projects Engineering Ltd IPO Date | 28 August 2025 to 1 September 2025 |
| Oval Projects Engineering Ltd IPO Face Value | ₹10 per share |
| Oval Projects Engineering Ltd IPO Price | ₹80 to ₹85 per share |
| Oval Projects Engineering Ltd IPO Lot Size | 3,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹46.74 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹46.74 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | BSE - SME |
| QIB Shares Offered | Not more than 6,24,000 of the Net Offer |
| Retail Shares Offered | Not less than 21,95,200 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 14,40,000 of the Net Offer |
| Company Promoters | Goutam Debnath |
Oval Projects Engineering Ltd IPO Lot Size
The Oval Projects Engineering Ltd IPO lot size is 3,200 shares. A retail-individual investor can apply for up to 0 lots (0 shares or ₹0).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,200 | ₹2,72,000 |
| Maximum | - | 0 | ₹0 |
- Strengths
- Risks
- Opportunities
- Strong Project execution capabilities.
- Experienced Promoter and Management Team.
- Optimal Utilization of Resources.
- Visible growth through a robust order book.
- Continue to enhance our project execution capabilities.
- Leveraging its market skills and relationship.
- Continue to develop Client relationship and expand its client base.
Company Financials
Oval Projects Engineering Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2023 | 75.22 | 60.79 | 2.97 |
| 03-2022 | 63.37 | 56.93 | 2.86 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Utilization towards long-term working capital requirements of the company
- General corporate purposes
Oval Projects Engineering Ltd IPO Promoter Holding
| Pre Issue Share Holding | 72.19% |
| Post Issue Share Holding | 53.07% |
Oval Projects Engineering Ltd IPO Subscription Status (Bidding Detail)
The Oval Projects Engineering Ltd IPO is subscribed 1.3055 times on 1 September 2025 05:00:00 PM. The public issue subscribed 0.8251 times in the retail category, 6.2128 times in the QIB category, and 1.0356 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 6.2128 | 1.0356 | 0.8251 | - | 1.3055 |
Oval Projects Engineering Ltd IPO Prospectus
Oval Projects Engineering Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | BSE - SME |
| ISIN | INE0RTI01017 |
| IPO Price | ₹85 |
| Face Value | ₹10 |
Company Contact Information
#.451568 Milan Chakra BadharghP.O.A.D.Nagar,Agartala-799003
Phone: +91 70850 49473
Email: cs@ovalprojects.com
Website: https://www.ovalprojects.com
Oval Projects Engineering Ltd IPO Registrar
Oval Projects Engineering Ltd IPO Lead Manager(s)
- SMC Capitals Ltd
FAQ
What is the issue size of Oval Projects Engineering Ltd IPO?
I have pre-applied for Oval Projects Engineering Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.