Cryogenic OGS IPO

About the company

Incorporated in 1997, Cryogenic OGS manufactures filtration and measurement equipment for oil, gas, chemical, and fluid industries. The company’s products include strainers, dosing systems, prover tanks, and skids, made at its Vadodara facility with ISO, ASME, ATEX, and DNV certifications. It secures contracts via tenders and direct orders. It had submitted 93 domestic bids worth ₹49.5 crore and five international quotes of ₹1.07 crore as of FY25. 99% of revenue came from product sales, with Gujarat and Maharashtra together contributing 80% and exports contributing 0.62%. Top three clients drove 56.3% of revenue, and top 5 suppliers made up 40.3% of purchases. The company’s export footprint includes Nigeria and Oman.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   03 Jul 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   07 Jul 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   08 Jul 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   09 Jul 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   09 Jul 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   10 Jul 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.