Comparison between Cryogenic OGS IPO and Vashishtha Luxury Fashion IPO.
Cryogenic OGS IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vashishtha Luxury Fashion IPO is a SME Bookbuilding proposed to list at BSE SME.
| Cryogenic OGS IPO | Vashishtha Luxury Fashion IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Nirman Share Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Cryogenic OGS IPO is up to ₹16.88 Cr whereas the issue size of the Vashishtha Luxury Fashion IPO is up to ₹8.42 Cr. The final issue price of Cryogenic OGS IPO is ₹47.00 per share and of Vashishtha Luxury Fashion IPO is ₹111.00 per share.
| Cryogenic OGS IPO | Vashishtha Luxury Fashion IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹44.00 per share | ₹109.00 per share |
| Issue Price (Upper) | ₹47.00 per share | ₹111.00 per share |
| Issue Price (Final) | ₹47.00 per share | ₹111.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 35,91,000 shares | 7,58,400 shares |
| Fresh Issue Size (Amount) | up to ₹16.88 Cr | up to ₹8.42 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 35,91,000 shares | 7,58,400 shares |
| Issue Size Total (Amount) | up to ₹16.88 Cr | up to ₹8.42 Cr |
Cryogenic OGS IPO opens on Jul 03, 2025, while Vashishtha Luxury Fashion IPO opens on Sep 05, 2025. The closing date of Cryogenic OGS IPO and Vashishtha Luxury Fashion IPO is Jul 07, 2025, and Sep 10, 2025, respectively.
| Cryogenic OGS IPO | Vashishtha Luxury Fashion IPO | |
|---|---|---|
| Anchor Bid Date | Jul 02, 2025 | Sep 04, 2025 |
| Issue Open | Jul 03, 2025 | Sep 05, 2025 |
| Issue Close | Jul 07, 2025 | Sep 10, 2025 |
| Basis Of Allotment (Tentative) | Jul 08, 2025 | Sep 11, 2025 |
| Initiation of Refunds (Tentative) | Jul 09, 2025 | Sep 12, 2025 |
| Credit of Share (Tentative) | Jul 09, 2025 | Sep 12, 2025 |
| Listing date (Tentative) | Jul 10, 2025 | Sep 15, 2025 |
| Anchor Lockin End date 1 | Aug 06, 2025 | Oct 11, 2025 |
| Anchor Lockin End date 2 | Oct 05, 2025 | Dec 10, 2025 |
Cryogenic OGS IPO P/E ratio is 8.06, as compared to Vashishtha Luxury Fashion IPO P/E ratio of 12.14.
| Cryogenic OGS IPO | Vashishtha Luxury Fashion 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.
| Company Financials (Restated Standalone)Vashishtha Luxury Fashion Ltd.'s revenue increased by 46% and profit after tax (PAT) rose by 346% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.52 | 66.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.06 | 12.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹67.12 Cr. | ₹26.16 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.62 | 28.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.93 | 31.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.83 | ₹9.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.12 | 64.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Cryogenic OGS IPO Retail Individual Investors (RII) are offered 12,60,000 shares while in Vashishtha Luxury Fashion IPO retail investors are offered 12,60,000 shares. Qualified Institutional Buyers (QIB) are offered 7,17,000 shares in Cryogenic OGS IPO and 75,600 shares in Vashishtha Luxury Fashion IPO.
| Cryogenic OGS IPO | Vashishtha Luxury Fashion IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,74,000 shares | 0 shares |
| Market Maker Reservation | 1,89,000 shares | 40,800 shares |
| QIB | 7,17,000 shares | 75,600 shares |
| NII | 5,40,000 shares | 2,65,200 shares |
| RII | 12,60,000 shares | 4,17,600 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 35,91,000 shares | 7,58,400 shares |
Cryogenic OGS IPO subscribed 487.07x in total, whereas Vashishtha Luxury Fashion IPO subscribed 2.18x.
| Cryogenic OGS IPO | Vashishtha Luxury Fashion IPO | |
|---|---|---|
| QIB (times) | 209.59x | 1.27x |
| NII (times) | 1,155.38x | 2.47x |
| Big NII (times) | 0.00x | 2.63x |
| Small NII (times) | 0.00x | 2.16x |
| RII (times) | 773.70x | 2.16x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 487.07x | 2.18x |
