Cyrogenic OGS Limited IPO Opens on July 3, 2025
New Delhi [India], July 2: Cryogenic OGS Limited is a comprehensive solutions provider, offering end-to-end services in design, process engineering, manufacturing, and assembly. The company supplies critical products such as basket strainers, air eliminators, Truck and Wagon Loading Skids to oil and gas terminal Automation Project throughout India, serving major industry players. Cyrogenic OGS Limited proposes to open its Initial Public Offering on Thursday, July 3, 2025 aiming to raise ₹ 17.77 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform. Highlights: • Total Issue Size – 37,80,000 Equity Shares of ₹ 10 each • IPO Size - ₹17.77 Crore (At Upper Band) • Price Band - ₹ 44 - ₹ 47 Per Share • Lot Size - 3,000 Equity Shares Equity Share Allocation • Anchor Portion – Not more than 10,74,000 Equity Shares • Qualified Institutional Buyer – Not more than 7,17,000 Equity Shares • Non-Institutional Investors - Not less than 5,40,000 Equity Shares • Individual Investors - Not less than 12,60,000 Equity Shares • Market Maker - 1,89,000 Equity Shares The net proceeds from the ipo will be utilized to meet the company’s working capital needs and general corporate purpose. The anchor portion will open on July 2, 2025 and issue will close on July 07, 2025. | Source: The Wire
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