Cryogenic OGS Ltd IPO
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Cryogenic OGS Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 37.8 L | TBA | ₹ 12.6 L | ₹ 105 L | BSE | ₹ 17.77 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 03 Jul, 25 | 07 Jul, 25 | 6000 | ₹ 2,64,000 | Book Building - SME | 10 Jul, 25 |
Cryogenic OGS Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Engineering |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 83.91x | 1791000 | 150279000 |
| NII | 1155.73x | 540000 | 624096000 |
| Retail | 773.8x | 1260000 | 974982000 |
| Employee | 0x | 0 | 0 |
| Total | 462.79x | 3780000 | 1749357000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Cryogenic OGS Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 8.79 | 7.69 | 6.15 |
| EBITDA | 9.31 | 8.26 | 6.83 |
| PAT | 6.12 | 5.35 | 4.08 |
| Total Assets | 24.35 | 19.19 | 15.31 |
| Share Capital | 10.50 | 0.50 | 0.50 |
| Total Borrowings | 0.87 | 0.37 | 0.16 |
| Operating Activities (Net Cash) | 6.64 | 5.92 | 4.76 |
| Investing Activities (Net Cash) | 2.46 | 2.16 | 1.15 |
| Financing Activities (Net Cash) | 0.87 | 0.37 | 0.16 |
| Net Cashflow | 11.07 | 9.54 | 8.10 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Cryogenic OGS Ltd
Our Company was originally incorporated on September 05, 1997 under the name and style of `MANGUKIA STEEL PRIVATE LIMITED', pursuant to a certificate of incorporation dated September 05, 1997 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli. Further, our Company changed its name to `CRYOGENIC LIQUIDE PRIVATE LIMITED' pursuant to a resolution passed by the Shareholders in an Extraordinary General Meeting held on March 21, 2011, with a fresh certificate of incorporation dated April 27, 2011 issued by the Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli, Later on, our Company changed its name to `CRYOGENIC OGS PRIVATE LIMITED' again pursuant to a resolution passed by the Shareholders at the Annual General Meeting held on September 30, 2023, with a fresh certificate of incorporation dated October 20, 2023 issued by Registrar of Companies, Ahmedabad. Furthermore, our Company was converted into a public limited company pursuant to a resolution passed by the Shareholders in an Extraordinary General Meeting held on November 01, 2023, with a fresh certificate of incorporation dated November 10, 2023 issued by Registrar of Companies, Ahmedabad. Consequently, the name of our Company was changed to `CRYOGENIC OGS LIMITED'. The corporate identification number of our Company is U25121GJ1997PLC032955.
We are primarily engaged in the high-quality measurement and filtration equipment and systems by fabrication and assembling for various sectors like oil, gas, chemicals and allied fluid industry.
Cryogenic OGS Limited provide high-quality measurement and filtration equipment and systems by fabrication and assembling for various sectors like oil, gas, chemicals and allied fluid industry. Focused on innovative and tailored services, for oil, gas, chemicals and allied fluid industry, we provide customized solutions to meet the specific needs of our customers. Our team of experts works closely with clients to understand their unique requirements, developing tailored strategies that maximize efficiency and minimize costs.
Peer Comparison:
- Loyal Equipments Limited
Cryogenic OGS Ltd IPO Key Points
Strengths
- Strong and Unique Product Technology.
- Experienced Promoters, Management and a well- trained employee base.
- Consistency in Quality and Service Standards.
- Established Relationships with Suppliers.
- Stable Customer Base.
Risk
- Any increase in the cost of its raw material or a shortfall in the supply of the company raw materials, may adversely affect the pricing and supply of its products and have an adverse effect on the company business, results of operations and financial condition.
- Its top five customers contribute majority of our revenues from operations. Any loss of business from one or more of them may adversely affect the company revenues and profitability.
- The company is significantly dependent on the sale of Air eliminators and oil and gas metering skids. An inability to anticipate or adapt to evolving up gradation of the required products or inability to ensure product quality or reduction in the demand of these products may adversely impact its revenue from operations and growth prospects
Strategy
- Fostering Strategic Partnerships.
- Embracing Emerging Technologies.
- Maintaining a Customer-Centric Approach.
- Expansion of our business to Global markets.
- Strong and Unique Product Technology.
- Experienced Promoters, Management and a well- trained employee base.
- Consistency in Quality and Service Standards.
- Established Relationships with Suppliers.
- Stable Customer Base.
How To Apply for Cryogenic OGS Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
