India’s natural gas demand is surging, driven by infrastructure expansion, cost efficiency, and clean energy goals, with power and fertiliser sectors accounting for over half of consumption. Government-backed pipeline projects, CGD expansion, and refinery upgrades are fueling double-digit growth in the EPC oil & gas sector, making it a key pillar of India’s $1.4 trillion infrastructure push.
Amidst these developments, Oval Projects Engineering is coming with its IPO. The book-running lead manager is SMC Capitals Limited, while the official registrar is MAS Services Limited.
You can also check out the RHP and DRHP of Oval Projects Engineering for a more detailed overview.
Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
Oval Projects Engineering’s revenue stream is as follows:
This section shows the Oval Projects Engineering Limited IPO details.
Oval Projects IPO Date:
Note that to participate in any IPO, you would require a demat account. Don’t have one? Check out the list of top brokers to open one today!
Oval Projects Engineering Pvt. Ltd. IPO size:
Oval Projects Engineering IPO price:
Objectives of the offer:
Categorisation of different investors
Oval Projects Engineering IPO Financials:
Some of the strengths and risks of Oval Projects Engineering IPO are as follows:
Strengths
Expansive in-house operations with a strong expertise in project execution capabilities.
Utilisation of resources is done optimally with continual improvement.
Led by an experienced, qualified management team.
Robust order book with visible growth scope.
Risks
History of negative cash flows.
The scope of business requires heavy working capital infusions.
Heavy dependence on government entities as clients. This could overturn negatively, if any adverse changes appear in government policies.
Dependence on the Oil & Gas segment as a major contributor of revenue from operations.
As on 25th August, 2025 13.57 pm, the Oval Projects Engineering IPO GMP is ₹8. To stay updated with the latest GMP movement, as soon as it hits the grey market, click here. Before investing in this IPO, a thorough background research on the company is advised.
Check the live subscription status here.
What is the Oval Projects Engineering Private Limited share price?
The Oval Projects Engineering Share price for the IPO is set between ₹80 and ₹ 85. The face value per share is ₹10. Click here to check the live subscription status.
What is the Oval Projects Engineering IPO GMP today?
As on 25th August, 2025 13.57 pm, the Oval Projects Engineering IPO GMP is ₹8. You can also check the latest GMP movement here.
What is the Oval Projects Engineering IPO review?
Oval Projects Engineering operates primarily in the Oil & Gas industry, which is rapidly growing. This is further supported by the government initiatives in this area. Oval Projects is expected to benefit from this growth potential. For a more detailed analysis of the company IPO, visit FinnPick.
What is the Oval Projects Engineering IPO date?
The IPO opens on 28 August 2025 and closes on 1 September 2025. The UPI mandate also ends at 5 PM on the closing date. For a more detailed analysis of the company IPO, visit FinnPick.
Do I need a demat account for the Oval Projects Engineering IPO?
A demat account is mandatory for all investors in order to participate in the Oval Projects Engineering IPO. If you wish to apply to the IPO, click Apply Now.
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