IPO Synopsis

Oval Projects Engineering Ltd

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 Rs. 10/- each ("Equity Shares") of Oval Projects Engineering Limited ("the Company" or the "Issuer") for cash, at a price of Rs. 85 per equity share (including a share premium of Rs. 75 per equity share) ("Issue Price") aggregating upto Rs. 46.74 crores ("Issue") out of which 3,04,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 85 per equity share for cash, aggregating Rs. 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 Rs. 10/- each, at an issue price of Rs. 85 per equity share for cash, aggregating upto Rs. 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 Opens On Closes On 28-Aug-25 01-Sep-25 Money Payable On Application Allotment 85.00 0.00 Minimum Application for shares in Nos : 3200 Further Multiples of : 1600 Cr Lead Managers to the Issue Project Cost (.Cr) 0.00 SMC Capitals Ltd Project Financed through Current Offer (.Cr) 46.74   Post Issue Equity Share Capital (.Cr) 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