IPO SYNOPSIS

Oval Projects Engineering Ltd
Registered Office:
#.451568 Milan Chakra Badhargh,P.O.A.D.Nagar,
Agartala - 799003,
Tripura, India.
Initial public offer of up to 54,99,200 equity shares of face value of (₹) 10/- each ("Equity Shares") of Oval Projects Engineering Limited ("the Company" or the "Issuer") for cash, at a price of (₹) 85 per equity share (including a share premium of (₹) 75 per equity share) ("Issue Price") aggregating upto (₹) 46.74 crores ("Issue") out of which 3,04,000 equity shares of face value of (₹) 10/- each, at an issue price of (₹) 85 per equity share for cash, aggregating (₹) 2.58 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 (₹) 10/- each, at an issue price of (₹) 85 per equity share for cash, aggregating upto (₹) 44.16 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.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
28-Aug-25
01-Sep-25
85.00-0.00
0.00-0.00
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
46.74
 
Post Issue
20.77
 
Issue Price
85.00
 
Projects
Utilization towards long-term working capital requirements of the company
General corporate purposes
Promoted By
Goutam Debnath
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
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