Oval Projects Engineering IPO GMP: Day 3 IPO Live Updates
Posted by : sachet | Wed Sep 03 2025
The Oval Projects Engineering IPO GMP is ₹0 as of 1st September 2025. It is a bookbuilding IPO of ₹46.74 crores. This is an entirely new issue of 0.55 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 4th September 2025. The face value of Oval Projects Engineering shares stands at ₹10 per share, and the IPO price band is set at ₹80.00 to ₹85.00 per share. Retail investors can bid for a minimum of 2 lots of 3,200 shares worth ₹2,72,000.
Oval Projects Engineering IPO GMP Grey Market Premium
As of 1st September 2025, Oval Projects Engineering IPO GMP stands at ₹0 per share. Thus, the estimated listing price would be ₹85. This indicates that the estimated listing gain in this IPO could be 0.00%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the Oval Projects Engineering IPO GMP updates.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
| 1-09-2025 | ₹85.00 | ₹0.00 | ₹85.00 | 0.00% |
| 31-08-2025 | ₹85.00 | ₹0.00 | ₹85.00 | 0.00% |
| 30-08-2025 | ₹85.00 | ₹0.00 | ₹85.00 | 0.00% |
| 29-08-2025 | ₹85.00 | ₹0.00 | ₹85.00 | 0.00% |
| 28-08-2025 | ₹85.00 | ₹0.00 | ₹85.00 | 0.00% |
| 27-08-2025 | ₹85.00 | ₹8.00 | ₹93.00 | 9.41% |
| 26-08-2025 | ₹85.00 | ₹8.00 | ₹93.00 | 9.41% |
| 25-08-2025 | ₹85.00 | ₹8.00 | ₹93.00 | 9.41% |
| 24-08-2025 | ₹85.00 | ₹0.00 | ₹85.00 | 0.00% |
| 23-08-2025 | ₹85.00 | ₹0.00 | ₹85.00 | 0.00% |
Oval Projects Engineering IPO Details
| IPO Open Date | 28th August 2025 |
| IPO Close Date | 1st September 2025 |
| IPO Allotment Date | 2nd September 2025 |
| Refund Initiation | 3rd September 2025 |
| Issue Size | 54,99,000 shares(aggregating up to ₹46.74 Cr) |
| Face Value | ₹10 per share |
| Lot Size | 1,600 shares |
| Issue Price Band | ₹80.00 to ₹85.00 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE & SME |
| Listing Date | 4th September 2025 |
Explanation
Oval Projects Engineering IPO: Oval Projects Engineering Limited has declared that the issue price band is set at ₹80.00 to ₹85.00 per share. With this IPO, the company allows retail investors to bid for at least two lots of 3,200 shares worth ₹2,72,000. The face value of Oval Projects Engineering Limited shares is ₹10 per share. The shares of Oval Projects Engineering Limited will be listed on BSE and SME on its tentative listing day, 4th September 2025. Scroll down to check GMP updates and Oval Projects Engineering IPO reviews.
Objectives of the Oval Projects Engineering IPO
The primary aim of the Oval Projects Engineering IPO is to raise ₹46.74 crores. On the other hand, Oval Projects Engineering has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Oval Projects Engineering IPO.
- To meet the general corporate purpose.
- To utilise funds towards meeting the long-term working capital requirements.
Oval Projects Engineering IPO Registrar
MAS Services Private Limited is the registrar of the Oval Projects Engineering IPO, responsible for managing the IPO allotment process and initiating refunds as needed. For any queries regarding the Oval Projects Engineering allotment and refund, please contact Mas Services Private Limited at investor@masserv.com or (011) 2610 4142.
Oval Projects Engineering IPO Review
The Oval Projects Engineering IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Oval Projectss Engineering Limited’s revenue increased by 31% from ₹78.99 crores in March 2024 to ₹103.44 crores in March 2025. Moreover, the company’s PAT rose by 112% from ₹4.40 crores to ₹9.33 crores. Investors can analyse other relevant factors and make a decision accordingly.
Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Oval Projects Engineering IPO or not.
Oval Projects Engineering Limited Technicals
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 13.91 |
| EPS (Earnings Per Share) | 6.11 |
| RoNW | 20.85% |
| ROCE | 21.32% |
| ROE | 20.85% |
| EBITDA Margin | 17.68% |
| Price to Book Value | 2.67 |
| Market Capitalisation | ₹176.54 Cr |
The PE ratio of Oval Projects Engineering Limited shares is 14.82, and its Earnings Per Share (EPS) stands at ₹4.86. Thus, the Oval Projects Engineering IPO can potentially deliver gains on its tentative listing date, 2nd September 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Oval Projects Engineering Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics.
Oval Projects Engineering Limited IPO Peer Comparison
| Company Name | EPS | P/E Ratio | RoNW | Face value | Revenue |
| Oval Projects Engineering Industries Limited | 6.65 | 13.91 | 20.35 | ₹10 | 78.99 |
| Likhitha Infrastructure Limited | 17.57 | 15.34 | 18.52 | ₹5 | 427.00 |
| Konstelec Engineers Limited | 3.14 | 19.39 | 4.93 | ₹10 | 217.00 |
FAQs on Oval Projects Engineering IPO
What is the Oval Projects Engineering IPO GMP?
Ans. Currently, on 1st September 2025, the Oval Projects Engineering IPO GMP (Grey Market Premium) stands at ₹0. This indicates that the estimated listing price could be ₹85 per share.
What is the issue price of the Oval Projects Engineering IPO?
Ans. The Oval Projects Engineering IPO price band is set at between ₹80.00 and ₹85.00 per share. Retail investors can apply for a minimum of 2 lots consisting of 3,200 shares worth ₹2,72,000. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth ₹4,08,000.
Who is the registrar of the Oval Projects Engineering IPO?
Ans. MAS Services Private Limited is the registrar of the Oval Projects Engineering IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Oval Projects Engineering allotment and refund, you can contact MAS Services Private Limited at investor@masserv.com or (011) 2610 4142.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Oval Projects Engineering IPO, download the Oval Projects Engineering IPO RHP and Oval Projects Engineering IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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