

Oval Projects
04 Sep '25SME
Min. Investment
₹2,56,000
Issue size
₹46.74 Cr
GMP
Locked
Overall subscription: 0.58x
Expert verdict



IPO dates
28 Aug
Opening
01 Sep
Closing
02 Sep
Allotment
04 Sep
Listing
*Refunds will be initiated on 03 Sep '25

IPO quota
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 2 | 3200 | ₹2,72,000 |


Subscription (as on 29 August 2025, 06:39 PM)
Overall0.58x





About company
Founded: 2013|MD: Mr. Goutam Debnath
- Oval Projects Engineering is an infrastructure services company engaged in providing engineering, procurement, and construction (EPC) services, along with operations and maintenance (O&M) support, to clients across India. The company operates mainly in the oil and gas sector, covering upstream, midstream, and downstream facility development. Its activities include processing plant construction, pipeline laying, horizontal directional drilling, terminal stations, and city gas distribution (CGD) projects. In addition, it provides O&M services for captive power plants.
- Apart from oil and gas projects, the company also undertakes civil infrastructure assignments in the urban development space, including projects related to smart cities.

Issue Details & Objective
Lot size
1600 Shares
Price band
₹80 to 85
Face value
₹10 per share


Financials

IPO reservation
Anchor investor - 14.55%
QIB - 24.24%
HNI - 22.38%
Retail - 34.11%
FAQs
Should I apply for the Oval Projects IPO?

Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Oval Projects IPO?

The issue size of Oval Projects IPO is ₹46.74 Cr
What are the open and close dates for Oval Projects IPO?

The Oval Projects IPO will be open for applications from 28 Aug '25 to 01 Sep '25
What is the lot size and minimum order quantity of Oval Projects IPO?

The lot size of Oval Projects IPO is 1600 Shares and its minimum investment amount is ₹2,56,000.
What is the GMP value of Oval Projects IPO?

Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Oval Projects IPO is 0
