Oval Projects Engineering Ltd.
SMEBSE₹80–85
₹ 39 Cr
3200 Shares
₹ 2,56,000
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 14,989.77 | 10,228.99 | |
| 432.72 | 114.7 | |
| 15,422.49 | 10,343.69 | |
| 12,313.25 | 8,341.88 | |
| 1,995.62 | 1,317.53 | |
| 1,372.01 | 933.25 |
Subscription Details
IPO Timeline
IPO Offer Start
28 Aug 2025
IPO Offer Ends
1 Sept 2025
4 Sept 2025
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | General Corporate Purposes | 39.41 |
About the Company
We are primarily an infrastructure services company engaged in the business of providing engineering, procurement and construction (“EPC”) industrial infrastructure services and operations and maintenance (“O&M”) services to our PAN India customers especially in the Oil & Gas sector. Headquartered at Agartala-Tripura, we commenced our business operations as a project management consultancy company. Over the last decade, we have expanded and diversified our business services to EPC, O&M and other infrastructure services and constantly improved our business processes.
Use of Proceeds
1. To meet long-term working capital requirements; and2. General Corporate Purposes
Oval Projects Engineering Ltd. Latest News
IPO FAQs
The Oval Projects Engineering Ltd. IPO has a total of ₹39 crore, calculated at the upper end of the .
The Oval Projects Engineering Ltd. IPO is priced at ₹80–85 per share. bids must fall within this , against a of ₹10 per share.
The for the Oval Projects Engineering Ltd. IPO is 3,200 shares, which is also the minimum order quantity — you have to apply for at least 3,200 shares, and in multiples of 3,200 beyond that.
The minimum investment in the Oval Projects Engineering Ltd. IPO is about ₹2,56,000 — one lot of 3,200 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Oval Projects Engineering Ltd. opens on 28 Aug 2025 and closes on 1 Sept 2025.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Oval Projects Engineering Ltd. shares were listed on 4 Sept 2025 on BSE.
Oval Projects Engineering Ltd. IPO shares are listed on BSE.
Each Oval Projects Engineering Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
- 1.To meet long-term working capital requirements
- 2.General Corporate Purposes
Pre-apply means placing your Oval Projects Engineering Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Oval Projects Engineering Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Oval Projects Engineering Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.