IPO Trending
OVALSME / BSEListed

Oval Projects Engineering Limited

Incorporated in 2013, Oval Projects Engineering Limited is an infrastructure development company engaged in the Oil & Gas, City Gas Distribution, Urban Development, and Energy sectors across India. It operates across upstream, midstream, and downstream activities in the Oil and Gas industry, offering services such as pipeline laying, processing plants, CGS work, and O&M services for power plants and EPC projects. With turnkey solutions spanning the entire value chain, the company has established a strong presence in regions like Agartala, Tripura, and various other locations nationwide. Over the years, it has successfully executed more than 900 km of pipeline installations and continues to deliver diverse projects in both the Oil & Gas and Power sectors. Its business segments include Oil & Gas Infrastructure, which covers the design and execution of gas processing plants, oil and petrochemical storage terminals, pipeline construction, and distribution infrastructure; Oil and Gas Operation and Maintenance, which provides services to CGD companies and public sector entities for pipeline repairs, scheduled shutdowns, power plant management, and CNG station operations; and Special Infrastructure Projects, where the company leverages its expertise in civil infrastructure gained from oil and gas projects to execute technical infrastructure initiatives funded by the government, World Bank, and ADB. As of March 31, 2025, the company employed 123 people on its rolls.

₹80 - ₹852.46x sub
Listed Price85.25
Listing Gain+0.29%
TimelineBookbuilding IPO
Open28 Aug 2025
Close01 Sep 2025
Allotment02 Sep 2025
Listing04 Sep 2025

Quota Reservation Portions

AnchorPortion: 9,36,000 shares
17.02%
QIBPortion: 6,24,000 shares
11.35%
HNIPortion: 14,40,000 shares
26.19%
RetailPortion: 21,95,200 shares
39.92%
Market MakerPortion: 3,04,000 shares
5.53%

Minimum Application Bracket Matrix

Retail2 lots / 3,200 shares
₹2,72,000
sHNI3 lots / 4,800 shares
₹4,08,000
bHNI8 lots / 12,800 shares
₹10,88,000

About the Company

Incorporated in 2013, Oval Projects Engineering Limited is an infrastructure development company engaged in the Oil & Gas, City Gas Distribution, Urban Development, and Energy sectors across India. It operates across upstream, midstream, and downstream activities in the Oil and Gas industry, offering services such as pipeline laying, processing plants, CGS work, and O&M services for power plants and EPC projects. With turnkey solutions spanning the entire value chain, the company has established a strong presence in regions like Agartala, Tripura, and various other locations nationwide. Over the years, it has successfully executed more than 900 km of pipeline installations and continues to deliver diverse projects in both the Oil & Gas and Power sectors. Its business segments include Oil & Gas Infrastructure, which covers the design and execution of gas processing plants, oil and petrochemical storage terminals, pipeline construction, and distribution infrastructure; Oil and Gas Operation and Maintenance, which provides services to CGD companies and public sector entities for pipeline repairs, scheduled shutdowns, power plant management, and CNG station operations; and Special Infrastructure Projects, where the company leverages its expertise in civil infrastructure gained from oil and gas projects to execute technical infrastructure initiatives funded by the government, World Bank, and ADB. As of March 31, 2025, the company employed 123 people on its rolls.

Company Promoters

Goutam Debnath

Lead Managers

No Lead Managers information available.