✓
Open
28 Aug to 1 Sep, 2025
✓
Close
28 Aug to 1 Sep, 2025
3
Allotment
—
✓
Listing
Thu, Sep 4, 2025
Price Band
₹80 to ₹85
Issue Size
54,99,200 shares (agg. up to ₹47 Cr)
Lot Size
1,600 Shares
Listing Date
Thu, Sep 4, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
04-09-2025₹0Est. ₹85+0%
03-09-2025₹0Est. ₹85+0%
02-09-2025₹0Est. ₹85+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.57x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 156.23 | 103.80 | 82.25 |
| Total Income | 103.44 | 78.99 | 64.09 |
| Profit After Tax | 9.33 | 4.40 | 3.19 |
| EBITDA | 18.08 | 9.89 | 3.46 |
| NET Worth | 55.88 | 33.67 | 17.75 |
| Reserves and Surplus | 40.61 | 20.00 | 17.68 |
| Total Borrowing | 53.70 | 32.41 | 32.21 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Current Infraprojects Ltd. | SME | ₹41.80 Cr | ₹80 | 11.78 | ₹152.75 | +90.94% | ₹85.00 |
| Mahendra Realtors & Infrastructure Ltd. | SME | ₹49.45 Cr | ₹85 | 9.94 | ₹64.60 | -24.00% | ₹63.15 |
| Savy Infra & Logistics Ltd. | SME | ₹69.98 Cr | ₹120 | 7.53 | ₹143.30 | +19.42% | ₹144.95 |
| Suntech Infra Solutions Ltd. | SME | ₹44.39 Cr | ₹86 | 14.31 | ₹103.80 | +20.70% | ₹39.15 |
| Mayasheel Ventures Ltd. | SME | ₹27.28 Cr | ₹47 | 6.74 | ₹60.90 | +29.57% | ₹36.15 |
| Samay Project Services Ltd. | SME | ₹14.69 Cr | ₹34 | 8.94 | ₹36.00 | +5.88% | ₹46.00 |
| Integrity Infrabuild Developers Ltd. | SME | ₹12.00 Cr | ₹100 | 32.68 | ₹103.50 | +3.50% | ₹175.00 |
| Desco Infratech Ltd. | SME | ₹30.75 Cr | ₹150 | 24.4 | ₹168.00 | +12.00% | ₹155.00 |
| Solarium Green Energy Ltd. | SME | ₹105.04 Cr | ₹191 | 18.81 | ₹211.90 | +10.94% | ₹145.30 |
| H.M.Electro Mech Ltd. | SME | ₹27.74 Cr | ₹75 | 9.16 | ₹77.04 | +2.72% | ₹51.25 |
| B.R.Goyal Infrastructure Ltd. | SME | ₹85.21 Cr | ₹135 | 10.8 | ₹142.50 | +5.56% | ₹183.00 |
| NACDAC Infrastructure Ltd. | SME | ₹10.01 Cr | ₹35 | 47.78 | ₹69.82 | +99.49% | ₹23.87 |
| Ganesh Infraworld Ltd. | SME | ₹98.58 Cr | ₹83 | 16.47 | ₹165.55 | +99.46% | ₹92.25 |
| Lakshya Powertech Ltd. | SME | ₹49.80 Cr | ₹180 | 8.39 | ₹359.10 | +99.50% | ₹80.20 |
| HVAX Technologies Ltd. | SME | ₹33.53 Cr | ₹458 | 9.97 | ₹490.35 | +7.06% | ₹640.00 |
| Popular Foundations Ltd. | SME | ₹19.87 Cr | ₹37 | 15.97 | ₹37.07 | +0.19% | ₹28.30 |
| Vikran Engineering Ltd. | Mainboard | ₹772.00 Cr | ₹97 | 22.88 | ₹95.71 | -1.33% | ₹59.14 |
| M&B Engineering Ltd. | Mainboard | ₹650.00 Cr | ₹385 | 24.98 | ₹408.65 | +6.14% | ₹267.70 |
| Globe Civil Projects Ltd. | Mainboard | ₹119.00 Cr | ₹71 | 19.83 | ₹94.46 | +33.04% | ₹45.34 |
| Capital Infra Trust | Mainboard | ₹1,578.00 Cr | ₹99 | null | ₹99.02 | +0.02% | ₹76.02 |
| Afcons Infrastructure Ltd. | Mainboard | ₹5,430.00 Cr | ₹463 | 35.08 | ₹474.20 | +2.42% | ₹280.25 |
| Deepak Builders & Engineers India Ltd. | Mainboard | ₹260.04 Cr | ₹203 | 12.06 | ₹161.95 | -20.22% | ₹7.26 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Utilization towards long-term working capital requirements of the Company | 37.03 |
| 2 | General Corporate Purposes | 3.94 |
| 3 | Issue Expenses | 5.78 |
| Total | 46.74 |
About Oval Projects Engineering IPO
Updated on Aug 5, 2026
Contact Details
Oval Projects Engineering Ltd. AddressHouse No.451568Milan Chakra, (Near Prajapita Brahmakumari Center)Badharghat, P.O.A.D.NagarAgartala, Tripura, 799003+91 7085049473cs@ovalprojects.comVisit Website