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Oval Projects Engineering

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 Price₹85.25
Listing Gain+0.29%

Subscription Status

2.46xTotal Demand
Updated 20 Oct 2026, 01:30 AM
QIB6.21x
Popular / Warm DemandOffered: 6,24,000 sh
Nib3.33x
Popular / Warm DemandOffered: 14,40,000 sh
Hnis(10l +)4.92x
Popular / Warm DemandOffered: 9,60,000 sh
Hnis (2-10l)0.48x
Steady / DevelopingOffered: 4,80,000 sh
Retail0.83x
Steady / DevelopingOffered: 21,95,200 sh
CategoryOfferedAppliedTimes
QIB6,24,00038,76,8006.21x
Nib14,40,00048,00,0003.33x
Hnis(10l +)9,60,00047,25,0004.92x
Hnis (2-10l)4,80,0002,28,8000.48x
Retail21,95,20018,11,2000.83x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB32.955.36.22x
Fiis17.650Open
Others15.30Open
Retail15.418.660.83x
Hnis 2+1.944.080.48x
Hnis 10+40.168.164.92x

Application-wise Breakup

CategoryReservedAppliedTimes Sub.
QIB02Open
Nib0548Open
Retail6868101.18x
Hnis(10l +)2005252.63x
Hnis (2-10l)100390.39x
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About Oval Projects Engineering IPO Subscription Demand

Live subscription status and bidding analysis for Oval Projects Engineering (OVAL) IPO. The issue is subscribed 2.46x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

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