Oval Projects Engineering IPO Subscription Details

Bookbuilding IPO | ₹47 Cr | Listed at BSE SME | Thu, Aug 28, 2025 - Mon, Sep 1, 2025

Basis of Allotment - Oval Projects Engineering IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)6,24,0009,36,00015,60,0004,80,0009,60,00014,40,00021,95,20051,95,200
Allotment price (Rs.)8585858585858585
No.of applications268395594531633
No.of shares applied38,76,80014,20,80052,97,6002,28,8009,20,00011,48,80016,99,20081,45,600
Amount collected (Rs.cr.)32.95 12.08 45.03 1.94 7.82 9.76 14.44 69.24
No.of times subscribed6.211.523.400.480.960.800.771.57
No.of shares allotted14,11,2009,36,00023,47,2002,28,8009,20,00011,48,80016,99,20051,95,200
Amount (Rs.cr.)12.00 7.96 19.95 1.94 7.82 9.76 14.44 44.16
No.of allottees268395594531633

IPO Shares Offered

Oval Projects Engineering IPO is a public issue of 0.52 Cr equity shares. The issue offers 0.22 Cr shares to retail investors, 0.16 Cr shares to qualified institutional buyers, and 0.14 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,04,0002.58 5.53%
QIB 15,60,00013.26 28.37%
    Anchor 9,36,000 7.96 17.02%
    QIB (Ex Anchor) 6,24,000 5.30 11.35%
NII* 14,40,00012.24 26.19%
    bNII (> ₹10L)9,60,0008.16 17.46%
    sNII (< ₹10L)4,80,0004.08 8.73%
Retail21,95,20018.66 39.92%
Total54,99,20046.74 100%

Oval Projects Engineering IPO Anchor Investor Allocation

A total of 9,36,000 shares at a price of Rs 85 per share will be allotted to the anchor investors.

Anchor investors bid opening dateAug 26, 2025
Anchor investor price₹85.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days4,68,000
No. of shares locked-in for 90 days4,68,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 2,36,800 2.01 25.30 4.31
2 SB OPPORTUNITIES FUND II SB OPPORTUNITIES FUND 1,69,600 1.44 18.12 3.08
3 BEACON STONE CAPITAL VCC-BEACON STONE I BEACON STONE CAPITAL 1,69,600 1.44 18.12 3.08
4 FINVESTA FIRST FINVESTA FIRST 1,20,000 1.02 12.82 2.18
5 RAGHUNATH CAPITAL VISION FUND RAGHUNATH CAPITAL 1,20,000 1.02 12.82 2.18
6 PERSISTENT GROWTH FUND-VARSU INDIA GROWTH STORY SCHEME I PERSISTENT 1,20,000 1.02 12.82 2.18
9,36,0007.9610017.02

IPO Subscription FAQs

The Oval Projects Engineering IPO is subscribed 1.3234 times by Sep 01, 2025 17:04.

Oval Projects Engineering IPO Subscription

Investor Category Subscription (times)
Qualified Institutional6.2128
Non Institutional0.8244
Retail Individual0.8251
Total Subscription1.3234

Retail category of Oval Projects Engineering IPO subscribed 0.8251 times as of date Sep 01, 2025 17:04. The public issue closes on Mon, Sep 1, 2025 for bidding.

An investor can apply in Oval Projects Engineering IPO online via bank (using ASBA) or the broker (using UPI). The Oval Projects Engineering IPO shares are offered online only.

The Oval Projects Engineering IPO is subscribed 1.3234 times by Sep 01, 2025 17:04.

The Oval Projects Engineering IPO allotment status is expected on or around Tuesday, September 2, 2025. Visit Oval Projects Engineering IPO allotment status to check.

The Oval Projects Engineering IPO listing date is September 4, 2025. The equity share of Oval Projects Engineering IPO will list on BSE SME.

Visit Oval Projects Engineering IPO subscription status page for real-time bidding information about Oval Projects Engineering IPO.

Oval Projects Engineering IPO Timetable

IPO opens OnThursday, August 28, 2025
IPO Closes OnMonday, September 1, 2025
Finalisation of Basis of AllotmentTuesday, September 2, 2025
Initiation of RefundsWednesday, September 3, 2025
Credit of Shares to Demat AccountWednesday, September 3, 2025
IPO Listing DateThursday, September 4, 2025
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