IPO IPO-Synopsis
Oval Projects Engineering Ltd

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Registered Office: #.451568 Milan Chakra Badhargh,P.O.A.D.Nagar , Agartala - 799003 , Tripura , India.
Phone : +91 70850 49473   Fax:
Email :  cs@ovalprojects.com  
Website :  https://www.ovalprojects.com
Initial public offer of up to 54,99,200 equity shares of face value of Rs10/- each ("Equity Shares") of Oval Projects Engineering Limited ("the Company" or the "Issuer") for cash, at a price of Rs[*] per equity share (including a share premium of Rs[*] per equity share) ("Issue Price") aggregating upto Rs[*] crores ("Issue") out of which 3,04,000 equity shares of face value of Rs10/- each, at an issue price of Rs[*] per equity share for cash, aggregating Rs[*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 51,95,200 equity shares of face value of Rs10/- each, at an issue price of Rs[*] per equity share for cash, aggregating upto Rs[*] crores is herein after referred to as the "Net Issue". The issue and net issue will constitute [*]% and [*]%, respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs80/- to Rs85/- for equity share of face value of Rs10/- each. The floor price is 8 times times the face value and cap price is 8.5 times of the face value of the equity shares. Bids can made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Aug-25 01-Sep-25 Rs80.00-85.00 Rs0.00-0.00
Minimum Application for shares in Nos :3200  Further Multiples of :1600

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
SMC Capitals Ltd
Project Financed through Current Offer 43.99  
Post Issue Equity Share Capital 20.77  
Issue Price Rs80.00  
Projects
Utilization towards long-term working capital requirements of the companyGeneral corporate purposes
Promoted By
Goutam Debnath
Listing At
BSE - SME 
Registrar to the Issue
MAS Services Ltd