Cryogenic OGS IPO - Check Issue Date, Price, Lot Size & Details

Cryogenic OGS Limited is ready to make its debut on the stock market, a specialized industrial solutions company based in Gujarat with solid fundamentals and a proven growth streak. Cryogenic OGS Limited operates in the industrial gases and cryogenic equipment space, supplying various industrial applications throughout India. The IPO price is ₹47 per equity share, with a likely listing premium of 42.55%. There is buzz among retail and institutional investors in the percentile of the Cryogenic OGS Limited IPO GMP and are watching the other industrial sector IPO listings.

IPO Dates for Cryogenic OGS Limited

The Cryogenic OGS Limited IPO is scheduled to open on July 3, 2025, and close on July 7, 2025. The Board of Allotment (BoA) date is expected to be announced by July 8, 2025, with listing planned for July 10, 2025.

IPO Details Summary

Investors are closely monitoring the GMP of Cryogenic OGS Limited IPO, which currently shows strong demand ahead of listing. This IPO is also part of the growing Cryogenic OGS Limited IPO list on the BSE platform.

About Cryogenic OGS Limited

Cryogenic OGS Limited is a specialized company providing industrial solutions based and headquartered in Vadodara, Gujarat. The company works in the cryogenic equipment and industrial gases industry, providing mission-critical solutions across multiple industrial sectors including healthcare, manufacturing, and research sectors. As an industrial company headquartered in Gujarat's industrial area helps them to access major industrial manufacturers and distribution without facing logistical issues and strengthening their opportunities for growth within India's industrial landscape.

Cryogenic OGS Limited is a company that specializes in cryogenic technology solutions, industrial gas equipment and related services. The company has developed strong operational capabilities in product manufacturing, engineering solutions, customer service, and technical support in the competitive industrial equipment space. Their knowledge of cryogenic technology helps them in fulfilling the growing need for specialized industrial solutions.

The company is seeking to raise ₹16.88 crores from the IPO through a 100% fresh issue. Proceeds from the IPO will be used to provide working capital, expand their manufacturing capabilities from the growing demand, fund corporate brand development, and strengthen corporate infrastructure across all operations for their business. Due to the interest from investors displayed in the Cryogenic OGS Limited IPO GMP, sentiment in the overall market support's a continued perspective to invest in the industrial equipment sector.

Financial Performance of Cryogenic OGS Limited

The company has demonstrated steady financial performance with consistent growth across key metrics:

Performance Analysis

Cryogenic OGS Limited has consistently demonstrated a positive growth trajectory with total assets developing from ₹24.00 crore in FY23 to ₹33.85 crore in FY25, steading business growth. Revenues have developed consistently at ₹22.71 crore to ₹33.79 crore over the three-year period indicating strong market acceptance and business development. The profit after Tax has improved from ₹4.08 crore to ₹6.12 crore indicating operational efficiency with margins improving.

EBITDA has developed strongly from ₹5.65 crore to ₹7.96 crore, which further profiles management of operational costs well, depicting solid scalability. Further while the net worth improved from ₹17.52 crore to ₹28.99 crore, both the net worth build-up statistics and Reserves were have been healthy which is indicating a very strong financial basis and sustainable growth. The narrative is obviously strong due to a degree of stable business fundamentals demonstrated as well as corresponding supportive diasporas in respect of sentiment from the start-up investors, hence the somewhat positive sentiment in relation to the Cryogenic OGS Limited IPO GMP today.

IPO Share Reservation

The IPO share allocation follows standard SEBI guidelines for SME listings:

Know Before Investing

Strengths

Consistent Growth Narrative:
The business has consistently grown steadily with total assets increasing from ₹24.00 crores to ₹33.85 crores, indicating sustainable business growth ability.

Steady Revenue Growth:
Revenue growth from ₹22.71 crores to ₹33.79 crores indicates the company's ability to grow its customer base and market share in the specialty industrial sector.

Serving Increasing Profitability:
Increase in profit after tax from ₹4.08 crores to ₹6.12 crores indicates good operational efficiencies and successful execution of business opportunities.

Strong EBITDA Performance:
Increase in EBITDA from ₹5.65 crores to ₹7.96 crores indicates utilization of operational leverage and cost management capabilities.

Strong Net Worth Growth:
Increase in net worth from ₹17.52 crores to ₹28.99 crores indicates long-term value creation and the ability to create financial stability.

Strategically located in Gujarat:
Located in Vadodara, Gujarat provides exceptional access to industrial markets and manufacturing centres throughout India.

Specialized Industry Position:
Specializing in cryogenic technology and industrial gases position the company in a narrow market with specialized experience and limited capacity competition.

Facility from growing industrialization:
The company stands to gain from increasing industrialization, developing healthcare infrastructure, and buoyant demand for specialty industrial equipment markets in India.

Risks

Niche market dependence:
As a niche market, the company may be limited in market size and diversifying customers.

Industrial Cycle Sensitivity:
A significant risk is that the business can be impacted by industrial cycles; if sectors slow down or alter investment activities.

Competition from growth versus established players:
Industrial equipment is a competitive sector with established domestic and international players that have greater resources and market share.

Technology evolution:
Having rapid changes in the industrial world means that the company likely needs to continually invest in R&D and upgrading equipment.

Customer concentration:
As with most industrial companies, they are dependent on key industrial customers; if the major clients decrease orders, the company may be impacted.

Compliance:
Various industrial gas and cryogenic equipment sectors are regulated by a number of safety and environmental regulations that may restrict operations.

Price volatility by suppliers:
Price changes in the raw material component and supply chain crisis can negatively impact margins and profitability.

How to Apply for Cryogenic OGS Limited IPO?

Step-by-step guide (when IPO opens):

1. Log in to your broker app (Zerodha, Angel One, Groww, etc.)

2. Navigate to the IPO section and select the Cryogenic OGS Limited IPO

3. Click "Apply"

4. Enter:

   • Lot size (minimum 3,000 shares)
   • Bid price (₹47 or select Cut-Off)
   • Your UPI Id

5. Submit the application

6. Approve the UPI mandate in your UPI app (PhonePe, GPay, etc.)

⏰ Important: The mandate must be approved before 5 PM on the same day or before the IPO closes.

How to Check Cryogenic OGS Limited IPO Allotment Status?

You can check the Cryogenic OGS Limited IPO allotment status through BSE and the registrar portal once the IPO opens.

Check on BSE

• Visit the BSE official website
• Navigate to the IPO Allotment Section
• Select Cryogenic OGS Limited IPO
• Enter PAN number or application number
• Submit details to get the BSE Cryogenic OGS Limited IPO allotment status

Check on the Registrar Portal

• Visit MUFG Intime India Private Limited's website
• Select IPO allotment status
• Choose Cryogenic OGS Limited IPO
• Enter PAN or application number
• Submit to check status

Company Address

Name: Cryogenic OGS Limited
Address: 60, 61, 62, 63 POR Industrial Park Behind Sahyog Hotel, POR Vadodara, Gujarat, 391243
Phone: +91 98988 6713
Email: cs@cryogenicogs.com
Website: www.cryogenicogs.com

IPO Registrar

Name: MUFG Intime India Private Limited - Link Intime
Address: Link Intime India Private Ltd, C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai - 400083
Phone: +91 22 4918 6270
Email: cryogenic.smeipo@linkintime.co.in
Website: in.mpms.mufg.com/Initial_Offer/public-issues.html

Conclusion

The Cryogenic OGS Limited IPO presents a compelling opportunity for investors looking to tap into India's expanding industrial equipment and cryogenic technology sector. With steady revenue of ₹33.79 crores and consistent profitability, the company has shown operational strength and market credibility. Priced at ₹47 per share with an issue size of ₹16.88 crores, the IPO offers a reasonable entry into a niche yet growing segment. A strong grey market premium (GMP) of 42.55% further highlights investor optimism and market confidence.

Strategically based in Gujarat’s industrial hub, Cryogenic OGS Limited benefits from proximity to major industries and a skilled workforce. Its focus on specialized cryogenic solutions positions it well in sectors like healthcare, manufacturing, and infrastructure. While the business is subject to industrial cycles and niche-market risks, its solid financials and growth outlook make it an attractive prospect for investors seeking exposure to specialized industrial technologies.

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Disclaimer : This analysis is prepared for educational purposes only and should not be considered as financial advice. Investors should consult their financial advisors and conduct thorough research before making investment decisions. Investments in equity markets are subject to market risks, including volatility and sector-specific challenges.

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