Oval Projects Engineering Limited is planning to launch it’s Initial Public Offering (IPO) in 2025 by using it’s Book Building process on the BSE SME platform. The company is hoping to bring in Rs46.74 crore through the issuance of Equity shares of 5499,200 at a range of between Rs80 and Rs85 for each share.
The IPO provides investors with the chance to be part of the expansion in one of the country’s newest infrastructure engineering firms. This is a comprehensive description of the most important details.
Key IPO Details
- IPO Open & Close Dates: August 28, 2025 (Thursday) – September 1, 2025 (Monday)
- Listing Date: September 4, 2025 (Thursday)
- Price Bands: Rs80 to Rs85 per equity share (Face Value 10 Rs)
- The Lot Size is 1,600 shares
- Minimal Application (Retail): 2 lots = 3,200 shares, which is Rs 272,000 as minimum investment
- Total Issue Size: Rs46.74 crores (54,99,200 shares)
- Issue Structure:
- Retail: 39.92%
- Non-Institutional Investors: 26.19%
- Qualified Institutional Buyers (QIB): 11.35%
- Anchor Investors: 17.02%
- Promoter: Goutam Debnath
- Use of Proceeds:
- Working Capital: ~79.2%
- General Corporate Purposes: ~20.7%
IPO Timeline
| Event | Date |
|---|---|
| IPO Opening | 28 Aug 2025 |
| IPO Closing | 1 Sep 2025 |
| Allotment Finalization | 2 Sep 2025 |
| Refunds Initiation | 3 Sep 2025 |
| Shares Credited to Demat | 3 Sep 2025 |
| Listing Date | 4 Sep 2025 |
Reservation & Lot Allocation
| Category | Shares Offered | Percentage |
|---|---|---|
| Qualified Institutional Buyers | 624,000 | 11.35% |
| Non-Institutional Investors | 1,440,000 | 26.19% |
| Retail Individual Investors | 2,195,200 | 39.92% |
| Anchor Investors | 936,000 | 17.02% |
| Total | 5,499,200 | 100% |
Financial Highlights
- Pre-Issue Promoter Holding: 72.19%
- Return on Equity (ROE): 20.85%
- Return on Capital Employed (ROCE): 21.32%
- Profit After Tax (PAT) Margin: 9.12%
These financial indicators are strong and highlight Oval Projects Engineering’s effective profit and capital utilization and make the IPO important for investors looking to explore possibilities in the field of infrastructure engineering.
Final Thoughts
Oval Projects Engineering IPO 2025 Oval Projects Engineering IPO 2025 gives investors a glimpse into India’s expanding infrastructure sector supported by a solid financial performance and a strong promoter holding. As with all SME IPO, investors should be aware of potential risks and liquidity issues and long-term perspectives prior to purchasing.
Disclaimer
This article is meant for the purpose of information and for educational reasons only. It does not provide financial advice or recommendations for stocks, nor does it constitute an offer to purchase and sell any securities. Investors should seek advice from an accredited financial professional or do the due diligence of their own prior to making any investment decision.