Cryogenic OGS Limited - IPO
SMECryogenic OGS IPO Details
Cryogenic OGS IPO Subscription
Cryogenic OGS IPO Application Wise Breakup
Cryogenic OGS IPO Dates
- 03 Jul 2025Opening dateOPD
- 07 Jul 2025Closing dateCOD
- 08 Jul 2025Basis of AllotmentBOA
- 09 Jul 2025Initiation of RefundsIOR
- 09 Jul 2025Credit of SharesCOS
- 10 Jul 2025Listing dateLID
Cryogenic OGS IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 6000 | ₹282,000 |
| Individual Maximum | 2 | 6000 | ₹282,000 |
| SHNI Minimum | 3 | 9000 | ₹423,000 |
| SHNI Maximum | 7 | 21000 | ₹987,000 |
| BHNI Minimum | 8 | 24000 | ₹1,128,000 |
Cryogenic OGS IPO Reservation
Promoter Holding
Cryogenic OGS IPO Valuations
Cryogenic OGS Limited Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 28.35 | 24.00 | 22.43 |
| Revenue | 25.67 | 22.71 | 24.00 |
| Profit After Tax | 5.38 | 4.08 | 3.28 |
| EBITDA | 6.39 | 5.65 | 4.35 |
| Net Worth | 22.90 | 17.52 | 13.44 |
| Reserves and Surplus | 22.40 | 17.02 | 12.94 |
| Total Borrowing | 1.56 | ||
| Amount in ₹ Crore | |||
About Cryogenic OGS IPO
Incorporated in September 1997, Cryogenic OGS Limited manufactures and assembles high-quality measurement and filtration equipment for industries such as oil, gas, chemicals, and related fluid sectors.
The company focuses on innovative and tailored services for oil, gas, chemicals and allied fluid industry and provides customized solutions to meet the specific needs of its customers.
The company provides design, process engineering, and manufacturing solutions, including fabrication, assembly, and testing facilities.
The company's product portfolio includes
- Basket Strainers: Designed for removing debris from pipelines, protecting pumps, valves, and other downstream equipment.
- Air Eliminators are essential for removing air and other gases from liquid systems to ensure accurate metering and efficient system operation.
- Prover Tanks: Used for calibrating the volume of flow meters, ensuring precise measurement in various industrial applications.
- Additive Dosing Skid: This is a very flexible System for the continuous and fully automatic Dosing of additives into the main product line.
- Truck Loading/Tank Wagon Loading Skid (Liquid & Gas Skid): Skid for liquid and gas for measurement, control and filtration.
They use Auto-CAD ELD software along with complementary software to prepare product designs.
The company's manufacturing unit is situated in Vadodara, Gujarat spread across an area of 8300 Square meters.
The company has secured various registrations and certifications that enhance its business and attract prominent customers. Its quality management system is certified for the manufacture and supply of Chemical Dosing Skids, Additive Dosing Skids, Basket Strainers, Air Eliminators, Gas Metering Skids, Pressure Reduction Skids, Filtration Skids, Liquid Metering Skids, Provar Tanks, Additive Injection Panels, and Batch Blending Vessels.
Additionally, the manufacturing facility and processes are ISO certified for occupational health and safety management systems and a standard environmental management system.
As of March 31, 2024, the company has 23 permanent employees.
Strength Of Cryogenic OGS IPO
1. Strong and Unique Product Technology.
2. Experienced Promoters, Management and a well- trained employee base.
3. Consistency in Quality and Service Standards.
4. Established Relationships with Suppliers.
5. Stable Customer Base.
Risk Of Cryogenic OGS IPO
1. 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.
2. 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.
3. 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
4. Majority of its Revenue from Operation (RFO) is generated from state of Gujarat and Maharashtra. Any adverse development affecting the company operations in this region could have an adverse impact on its business, financial condition and results of operations.
5. The company is subject to strict quality requirements, customer inspections and audits, and any failures to comply with quality standards may lead to cancellation of existing and future orders and could negatively impact its reputation and the company business and results of operations and future prospects.
6. The sector in which the company operates is capital intensive in nature and the business model the company is switching to would make it more capital intensive. The company requires substantial financing for its business operations and the failures to obtain additional financing on terms commercially acceptable to us may adversely affect its ability to grow and the company future profitability.
7. Its business requires the services of third party manufacturers and suppliers, which entail certain risks.
8. The company has had certain inaccuracy in relation to regulatory filings and the company has made non-compliances of certain provision under applicable law.
9. The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.
10. Its may be subject to risks associated with product warranty.
Objectives Cryogenic OGS IPO
1. To Meet Working Capital Requirements
2. General Corporate Purposes
3. Public Issue Expenses
Company Contact Details
Cryogenic OGS Limited
60, 61, 62, 63 POR Industrial Park
Behind Sahyog Hotel,
Vadodara, Gujarat, 391243
Phone: +91 98988 6713
Email: cs@cryogenicogs.com
Website: https://www.cryogenicogs.com/
Registrar Contact Details
Lead Mangers
Beeline Capital Advisors Pvt Ltd
Market Maker
Spread X Securities