Oval Projects Engineering Limited

About the company

Oval Projects Engineering Limited is an engineering, procurement, and construction (EPC) company that delivers solutions across process plants, piping, and structural fabrication, along with O&M services for clients across India, with a strong presence in the oil & gas sector. During FY25, revenue was driven by Oil & Gas Infrastructure Projects (46.15%), Oil & Gas O&M (3.79%), and Specialised Infrastructure projects (50.06%). Region-wise, the East contributed the largest share at 74.36%, followed by the West at 24.41%. The client base is dominated by public sector and government establishments, including internationally funded projects, with 90.17% of revenue from Government entities and 9.83% from Non-Government entities.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   28 Aug 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   01 Sept 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   02 Sept 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   03 Sept 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   03 Sept 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   04 Sept 2025

   Shares list on NSE / BSE

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