Cryogenic OGS IPO Allotment to be Finalised Today: Check Status, Latest GMP, Listing Date

Cryogenic OGS IPO allotment to be finalized on Tuesday, July 8, 2025. The IPO was oversubscribed by 646.47 times and the unlisted shares are trading at ₹79 per share, reflecting a grey market premium (GMP) of ₹32 per share. Investors can check the allotment status on BSE and MUFG Intime India websites. The proceeds from the IPO will be used to fund working capital requirements and general corporate purposes.

The allotment of shares for Cryogenic OGS's Initial Public Offering (IPO) is expected to be finalized today, Tuesday, July 8, 2025. The IPO, which closed its three-day subscription window on Monday, July 7, saw overwhelming demand from investors, with the offer being oversubscribed by a whopping 646.47 times [1].

The unlisted shares of Cryogenic OGS continue to command a solid premium in the grey markets, trading at ₹79 per share, which reflects a grey market premium (GMP) of ₹32 per share or 68.09 per cent over the upper end of the issue price [1]. Investors can check the allotment status on the official websites of the BSE and MUFG Intime India, the registrar for the offering [1].

Cryogenic OGS, established in 1997, provides high-quality measurement and filtration equipment and systems for various sectors such as oil, gas, chemicals, and the allied fluid industry. The company's comprehensive solutions include design, process engineering, manufacturing, fabrication, assembly, and testing facilities. The IPO aims to raise ₹17.77 crore through a fresh issue of 3.78 million equity shares without any offer-for-sale (OFS) component [1].

The proceeds from the IPO will be utilized to fund the company’s working capital requirements and for general corporate purposes. Cryogenic OGS's shares are tentatively expected to list on the BSE SME platform on Thursday, July 10, 2025 [1].

References:
[1] https://www.business-standard.com/markets/news/cryogenic-ogs-ipo-allotment-today-check-status-latest-gmp-listing-date-125070800145_1.html