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Investors race to bet on this IPO, signs of huge profits on listing

by Aaryan Srivastav
July 8, 2025
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The IPO of cryogenic OGS has received tremendous response from investors. This IPO oversbscribed. In three days, this issue was 646.47 times the oversbscribe. Please tell that this issue was opened from July 3 and closed on 7 July. Its price band was fixed at Rs 47. Investors are now hoping that Aadhaar will finalize shares for cryogenic OGS on Tuesday, 8 July 2025.

How to investigate the Cryogenic OGS IPO allocation status – After the allocation is finalized, investors applying for public issue can check the BSE’s official websites and offer for the Registrar MUFG Inteime India (Earlier Link Inteime).

Apart from this, investors can also use the following direct links to check the Cryogenic OGS IPO allocation status online:

Cryogenic OGS IPO Details SME offering, which costs around ₹ 17.77 crore, includes a new issue of 3.78 million equity shares of 3.78 million equity shares of no offer-for-cell (OFS) component. The IPO was opened for membership from Thursday, July 3, 2025 to Monday, July 7, 2025. The cryogenic OGS IPO was available on the price band of ₹ 44-47 per share, with a lot of 3,000 stock size. The MUFG is working as the Integral India Registrar, while Bine Capital Advisors Cryogenic OGS is working as the only book-hanging lead manager for IPO. Cryogenic OGS is planning to use the company’s working capital requirements and income from IPOs for general corporate purposes.

What is happening with GMP? Sources, monitoring informal market activity, revealed that the company’s shares were trading at ₹ 79 per share, showing ₹ 32 per share at the upper end of the issue price or a gray market premium (GMP) of ₹ 32 per share or 68.09 percent. Established in 1997, cryogenic OGS provides high quality measurements and filtration tools and systems through manufacturing and combinations for various fields such as oil, gas, chemicals and allied fluid industries. Comprehensive solutions of the company include design, process engineering, manufacturing, construction, combination and testing features. Cryogenic OGS mainly protects the contract through the competitive tender bidding process as well as one-to-one inquiries received from its customers.

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