Oval Projects Engineering Limited

1.67x

subscribed

Oval Projects Engineering Limited

Power Generation/Distribution
closed
₹2.56LMin. investment
  1. Pre-apply
    26 Aug
  2. Bid start
    28 Aug
  3. Bid end
    1 Sep
  4. Allotment
    2 Sep
  5. Release of funds
    3 Sep
  6. Demat transfer
    3 Sep
  7. Listing
    4 Sep

About Oval Projects Engineering Limited

SectorPower Generation/Distribution
Price range₹80.00 – ₹85.00
IPO type
SME
Lot size1600 shares
Issue size₹46Cr
Red Herring Prospectus
Read
Market Cap
₹176.54CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹102.29CrLower than sector avg
Growth rate3Y CAGR
20.12%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹102.29Cr
This sector
₹7,783.3Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
20.12%
This sector
0.01%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹9.33Cr
This sector
₹1,281.2Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹176.54Cr
This sector
₹38,103.65Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
12.78
This sector
45.35
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.96
This sector
2.10
Compare with companies

Objectives

Working capital
79.23%
General corporate purposes
20.80%

About Oval Projects Engineering Limited

Oval Projects Engineering Limited is an engineering, procurement, and construction (EPC) company that delivers solutions across process plants, piping, and structural fabrication, along with O&M services for clients across India, with a strong presence in the oil & gas sector. During FY25, revenue was driven by Oil & Gas Infrastructure Projects (46.15%), Oil & Gas O&M (3.79%), and Specialised Infrastructure projects (50.06%). Region-wise, the East contributed the largest share at 74.36%, followed by the West at 24.41%. The client base is dominated by public sector and government establishments, including internationally funded projects, with 90.17% of revenue from Government entities and 9.83% from Non-Government entities.

IPO Subscription Status

Date
QIB
NII
Retail
Total
28-Aug-25
0.49 times (X)
0.1 times (X)
0.13 times (X)
0.59 times (X)
29-Aug-25
0.49X
0.29X
0.31X
0.75X
01-Sep-25
0.86X
0.65X
0.8X
1.67X

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Oval Projects Engineering Limited ?

The issue size of the Oval Projects Engineering Limited is 46 Cr.

What is 'pre-apply' for Oval Projects Engineering Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Oval Projects Engineering Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Application closed