Oval Projects Engineering IPO Will Open On Aug 28, 2025 And Close On Sep 01, 2025. The â‚ą46.74 Cr. IPO Is A Fresh Issue. Oval Projects Engineering IPO Price Band Is Set At â‚ą 80 to â‚ą 85 per share.
The Allotment Will Be Finalized On Sep 02, 2025 and Listing date is Expected on The NSE SME By Sep 04, 2025. Investor Quota like 50.00% QIB, 35.00% Retail, and 15.00% HNI and Market Maker is 5.53% Category.
Financial Year 2025 Company Posted a Revenue of â‚ą103.44 Cr. and A Net Profit of â‚ą9.33 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
Oval Projects Engineering IPO Dates & Price Band Details
| Open Date | Aug 28, 2025 |
|---|---|
| Close Date | Sep 01, 2025 |
| Price Band | â‚ą80 to â‚ą85 per share |
| Face Value | â‚ą10 per equity share |
| Lot Size | 1,600 Shares |
| Minimum Investment | â‚ą1,36,000 Lakhs (for 1 lot at â‚ą85) |
| Type of Issue | Fresh Issue |
| Total Issue Size | 54,99,200 shares (Approx â‚ą46.74 Cr) |
| Market Maker | 304,000 shares (Approx â‚ą2.58 Cr) |
| Issue Type | Bookbuilding IPO |
| Market Maker Shares | 5.03% |
| Retail Investor Quota | 35.00% |
| QIB Quota | 50.00% |
| NII (HNI) Quota | 15.00% |
| Listing Exchange | BSE SME |
| Anchor Investor List | Click Here |
| DRHP (Draft Prospectus) | Click Here |
| RHP (Final Prospectus) | Click Here |
About Oval Projects Engineering Limited
Our Company was originally incorporated on October 7, 2013 “Oval Projects Engineering Limited” 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.
Our Company focuses on upstream, midstream and downstream facility development activities in Oil and Gas sector, such as processing plant, pipeline laying, horizontal directional drilling, terminal station, City Gas Distribution (CGD) work, O&M of PNG/PNG services and in other related EPC projects.Â
Our client base comprises of established public sector players in the Oil and Gas Industry and central & state Government establishments including the ones funded by international financing organizations in the infrastructure sector.
Oval Projects Engineering IPO Market Lot Size
The Minimum Lot Size For The Oval Projects Engineering IPO is 3,200 Shares, Requiring An Application Amount of ₹1,36,000 and in multiples of 1,600 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | â‚ą2,72,000 |
| Retail Maximum | 2 | 3,200 | â‚ą2,72,000 |
| S-HNI Minimum | 3 | 4,800 | â‚ą4,08,000 |
| S-HNI Maxmum | 7 | 11,200 | â‚ą9,52,000 |
| B-HNI Minimum | 8 | 12,800 | â‚ą10,88,000 |
Objects Of The Issue
1. To meet long-term working capital requirements
2. General Corporate Purposes
Oval Projects Engineering IPO Allotment & Listing Dates
Oval Projects Engineering IPO Will Open on Aug 28 and Close on Sep 01, 2025. The allotment is Expected on Sep 02, With the Listing Scheduled on BSE SME For Sep 04, 2025 (More information below table).
| Anchor Investor Bidding | Tue, Aug 26, 2025 |
|---|---|
| IPO Open | Thu, Aug 28, 2025 |
| IPO Close | Mon, Sep 1, 2025 |
| Allotment Finalisation | Tue, Sep 2, 2025 |
| Refunds / Unblocking | Wed, Sep 3, 2025 |
| Shares Credited to Demat | Wed, Sep 3, 2025 |
| Listing Date | Thu, Sep 4, 2025 |
Oval Projects Engineering IPO Financial Report (FY 2025)
Oval Projects Engineering Reported a total Revenue of â‚ą103.44 Cr. in FY 2025, Slightly up From â‚ą78.99 Cr. in FY 2024. The Company Net Profit Also Rose to â‚ą9.33 Cr. From â‚ą4.40 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 156.23 | 103.80 | 82.25 |
| Revenue | 103.44 | 78.99 | 64.09 |
| Profit After Tax | 9.33 | 4.40 | 3.19 |
| EBITDA | 18.08 | 9.89 | 3.46 |
| Net Worth | 55.88 | 33.67 | 17.75 |
| Reserves and Surplus | 40.61 | 20.00 | 17.68 |
| Total Borrowing | 53.70 | 32.41 | 32.21 |
| Amount in â‚ą Crore |
Oval Projects Engineering IPO Valuation Report – FY 2025 (KPI)
Check Detailed Oval Projects Engineering IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 20.85% |
| Return on Capital Employed (ROCE) | 21.32% |
| EBITDA Margin | 17.68% |
| PAT Margin | 9.12% |
| Debt-to-Equity Ratio | - |
| Earnings Per Share (EPS) | 6.65 |
| Price to Earnings Ratio (P/E) | 12.78 |
| Return on Net Worth (RoNW) | 20.85% |
| Net Asset Value (NAV) | 31.89 |
Qualitative Factors
- Strong Project execution capabilities
- Experienced Promoter and Management Team
- Optimal Utilization of Resources
- Visible growth through a robust order book
- Continue to enhance our project execution capabilities
- Leveraging our market skills and relationship
- Continue to develop Client relationship and expand our client base
Our Company Promoters
- Goutam Debnath
Comparison of Accounting Ratios with Industry Peers
| Company Name | Face Value (â‚ą) | Current Market Price (â‚ą) | EPS (â‚ą) | P/E Ratio | RoNW (%) | NAV per Equity Share (â‚ą) | Revenue from Operations (â‚ą in Lakhs) |
|---|---|---|---|---|---|---|---|
| Oval Projects Engineering Limited | 10 | [â—Ź] | 6.65 | 12.78 | 20.85 | 31.89 | 10,228.99 |
| Likhitha Infrastructure Limited | 5 | 269.55 | 17.57 | 15.34 | 18.52 | 5.40 | 42,168.14 |
| Konstelec Engineers Limited | 10 | 60.90 | 3.14 | 19.39 | 4.93 | 20.30 | 19,565.70 |
Also Read:Â Oval Projects Engineering IPO GMP Today, Grey Market Premium Live
Oval Projects Engineering Company Contact Details
Office: House No. 451568, Milan Chakra,
(Near Prajapita Brahmakumari Center),
Badharghat, P.O. A.D. Nagar,
Agartala, West Tripura,
Tripura- 799003, India;
Tel: +917085049473
E-mail: cs@ovalprojects.com.
Website: www.ovalprojects.com
Oval Projects Engineering Lead Manager
SMC Capitals Limited
A – 401/402, Lotus Corporate Park,
Off Western Express Highway,
Jai Coach Signal, Goregaon (East),
Mumbai – 400063 Maharashtra, India
Tel: 022 – 66481818
E-mail: oval.ipo@smccapitals.com
Website: www.smccapitals.com
Oval Projects Engineering IPO Registrar
MAS Services Limited
T-34, 2nd Floor, Okla Industrial Area, Phase – II,
New Delhi – 110 020 Delhi, India
Tel: + 91 112 638 7281/83, 4132 0335
Email: ipo@masserv.com
Website: www.masserv.com
Oval Projects Engineering IPO FAQs
Question 1: What is the Oval Projects Engineering IPO?
Answer 1:Oval Projects Engineering IPO is a SME IPO of 54,99,200 equity shares of the face value of â‚ą10 approximately up to â‚ą46.74 Cr. The issue is priced at â‚ą80 to â‚ą85 per share.
The Oval Projects Engineering IPO opens on Aug 28, 2025 and closes on Sep 01, 2025.
MAS Services Limited is the registrar for the IPO. The shares to be listed on BSE SME.
Question 2: How to apply in Oval Projects Engineering IPO through Groww?
Answer 2: Groww customers can apply online in Oval Projects Engineering IPO using UPI as a payment gateway. Groww customers can apply in Oval Projects Engineering IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Oval Projects Engineering IPO through Groww –
- Visit the Groww website and login to Groww.
- Go to Main Page and click the Products & tools and click IPO tab.
- New page Open and Show ‘Oval Projects Engineering IPO’ click the ‘Apply’ button.
- Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
- Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
- groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When Oval Projects Engineering IPO will open?
Answer 3: The Oval Projects Engineering IPO opens on Aug 28, 2025, and closes on Sep 01, 2025.
Question 4: What is the lot size of Oval Projects Engineering IPO?
Answer 4:Oval Projects Engineering IPO lot size and the minimum order quantity is 1,600 Shares.
Question 5: How to apply for Oval Projects Engineering IPO?
Answer 5: You can apply in Oval Projects Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Oval Projects Engineering IPO allotment date?
Answer 6: The Basis of Allotment for Oval Projects Engineering IPO will be on Tue, Sep 2, 2025, and the allotted shares will be credited to your demat account by Wed, Sep 3, 2025. For Check the Oval Projects Engineering IPO allotment status.
Question 7: When is Oval Projects Engineering IPO listing date?
Answer 7: The Oval Projects Engineering IPO listing date is Sep 4, 2025. The date of Oval Projects Engineering IPO listing on Wed, Sep 3, 2025.
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