The Cryogenic OGS IPO got an incredible response from investors. It was oversubscribed by a huge margin—646.47 times in just three days. The IPO was open from July 3 to July 7.
The price band for the IPO was set at ₹47 per share. The allotment of shares is expected to be finalized today, Tuesday, July 8, 2025.
How to Check Cryogenic OGS IPO Allotment Status:
Investors who applied can check their allotment status on the official websites of BSE
and MUFG Intime India (earlier Link Intime), which is the IPO’s registrar, once the allotment process is completed.
Additionally, you can use the direct links below to check your Cryogenic OGS IPO allotment status online:
Check on BSE: https://www.bseindia.com/investors/appli_check.aspx
Check on MUFG Intime India: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Cryogenic OGS IPO Overview
This SME IPO, valued at around ₹17.77 crore, consists of a fresh issue of 37.8 lakh equity shares.
There is no offer-for-sale (OFS) portion in this IPO. It was open for subscription from Thursday, July 3, 2025, to Monday, July 7, 2025.
The price range for the IPO was ₹44 to ₹47 per share, and the minimum lot size was 3,000 shares.
MUFG Intime India is the registrar, and Beeline Capital Advisors is the sole book-running lead manager.
The company plans to use the raised funds for working capital and general business needs.
Grey Market Premium (GMP) Update
According to sources tracking the grey market, Cryogenic OGS shares are trading at ₹79. This shows a grey market premium (GMP) of ₹32 per share, which is 68.09% higher than the top issue price.
Cryogenic OGS, established in 1997, makes and assembles advanced measurement and filtration systems used in industries like oil, gas, chemicals, and other fluid-related sectors.
The company offers complete solutions—ranging from design, engineering,
and manufacturing to assembly and testing. Most of its business comes through competitive bids and direct customer requests.
