Cryogenic OGS IPO vs Sattva Engineering Construction IPO

Comparison between Cryogenic OGS IPO and Sattva Engineering Construction IPO.

IPO Details

Cryogenic OGS IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sattva Engineering Construction IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Cryogenic OGS IPO is up to ₹16.88 Cr whereas the issue size of the Sattva Engineering Construction IPO is up to ₹33.58 Cr. The final issue price of Cryogenic OGS IPO is ₹47.00 per share and of Sattva Engineering Construction IPO is ₹75.00 per share.

 Cryogenic OGS IPOSattva Engineering Construction IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹44.00 per share₹70.00 per share
Issue Price (Upper)₹47.00 per share₹75.00 per share
Issue Price (Final)₹47.00 per share₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size3000 shares1600 shares
Fresh Issue Size35,91,000 shares44,76,800 shares
Fresh Issue Size (Amount)up to ₹16.88 Crup to ₹33.58 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,91,000 shares44,76,800 shares
Issue Size Total (Amount)up to ₹16.88 Crup to ₹33.58 Cr

IPO Timetable

Cryogenic OGS IPO opens on Jul 03, 2025, while Sattva Engineering Construction IPO opens on Aug 26, 2025. The closing date of Cryogenic OGS IPO and Sattva Engineering Construction IPO is Jul 07, 2025, and Aug 29, 2025, respectively.

 Cryogenic OGS IPOSattva Engineering Construction IPO
Anchor Bid DateJul 02, 2025Aug 25, 2025
Issue OpenJul 03, 2025Aug 26, 2025
Issue CloseJul 07, 2025Aug 29, 2025
Basis Of Allotment (Tentative)Jul 08, 2025Sep 01, 2025
Initiation of Refunds (Tentative)Jul 09, 2025Sep 02, 2025
Credit of Share (Tentative)Jul 09, 2025Sep 02, 2025
Listing date (Tentative)Jul 10, 2025Sep 03, 2025
Anchor Lockin End date 1Aug 06, 2025Sep 30, 2025
Anchor Lockin End date 2Oct 05, 2025Nov 29, 2025

Financials & KPIs

Cryogenic OGS IPO P/E ratio is 8.06, as compared to Sattva Engineering Construction IPO P/E ratio of 10.46.

 Cryogenic OGS IPOSattva Engineering Construction IPO
Financials

Company Financials (Restated)

Cryogenic OGS Ltd.'s revenue increased by 32% and profit after tax (PAT) rose by 15% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets33.8528.3524.00
Total Income33.7925.6722.71
Profit After Tax6.125.354.08
EBITDA7.966.395.65
NET Worth28.9922.8617.52
Reserves and Surplus18.4922.4017.02
Total Borrowing0.000.000.00
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Sattva Engineering Construction Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 100% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets114.8287.4883.38
Total Income94.8577.4483.93
Profit After Tax9.144.561.04
EBITDA18.5611.727.28
NET Worth43.4224.0319.47
Reserves and Surplus30.6723.0318.47
Total Borrowing36.1732.2032.24
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10086.18
Promoter Shareholding (Post-Issue)73.5262.91
P/E Ratio8.0610.46
Market Cap₹67.12 Cr.₹131.01 Cr.
ROE23.6227.10
ROCE28.9328.58
Debt/Equity0.83
EPS₹5.83₹7.17
RoNW21.1227.10

Shares Offered

In the Cryogenic OGS IPO Retail Individual Investors (RII) are offered 12,60,000 shares while in Sattva Engineering Construction IPO retail investors are offered 12,60,000 shares. Qualified Institutional Buyers (QIB) are offered 7,17,000 shares in Cryogenic OGS IPO and 8,88,000 shares in Sattva Engineering Construction IPO.

 Cryogenic OGS IPOSattva Engineering Construction IPO
Anchor Investor Reservation10,74,000 shares13,29,600 shares
Market Maker Reservation1,89,000 shares2,40,000 shares
QIB7,17,000 shares8,88,000 shares
NII5,40,000 shares6,91,200 shares
RII12,60,000 shares15,68,000 shares
Employee0 shares
Others
Total35,91,000 shares44,76,800 shares

Bids Received (Subscription)

Cryogenic OGS IPO subscribed 487.07x in total, whereas Sattva Engineering Construction IPO subscribed 139.32x.

 Cryogenic OGS IPOSattva Engineering Construction IPO
QIB (times)209.59x123.39x
NII (times)1,155.38x351.59x
Big NII (times)0.00x407.42x
Small NII (times)0.00x239.95x
RII (times)773.70x172.89x
Employee (times)
Other (times)
Total (times)487.07x139.32x

Compare with others

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Cryogenic OGS IPO Vs Sattva Engineering Construction IPO