Cryogenic OGS SME IPO Subscription Status
The Cryogenic OGS SME IPO closed on 7 July 2025 with an overall subscription of 694.90x based on shares applied.
Allotment will be finalised on 8 July 2025. The stock is scheduled to list on NSE and BSE on 10 July 2025.
Issue Price
Rs 47.00
GMP Today
Rs 32.00 (+68.09%)
Overall Subscription
694.90x
Issue Size
₹16.88 Cr
Allotment Date
8 Jul 2025
Listing Date
10 Jul 2025
What Do These Subscription Numbers Mean?
A subscription of 694.90x means the IPO received bids for 695 times the number of shares available. For every 695 applications, only 1 can receive an allotment.
Here is what each category number tells you:
Cryogenic OGS SME IPO Allotment Chances
Based on the final subscription data, here is a realistic view of allotment probability by category.
QIB Category: QIB allotment is discretionary and handled by the book running lead managers. Retail investors do not participate in this category.
Check the Cryogenic OGS SME IPO Allotment Status page from 8 July 2025 for your allotment result.
Cryogenic OGS SME IPO GMP After Subscription
GMP for Cryogenic OGS SME stands at Rs 32.00 today, giving an estimated listing price of Rs 79.00 per share.
A subscription of 694.90x combined with a GMP of 68.09% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Cryogenic OGS SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Cryogenic OGS SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 3 Jul 2025 | 3.51x | 24.30x | 36.92x | 24.69x |
| Day 2 - 4 Jul 2025 | 12.91x | 124.42x | 138.43x | 99.67x |
| Day 3 - 5 Jul 2025 | 209.59x | 1,155.17x | 770.26x | 693.13x |
Cryogenic OGS SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 3 July 2025 |
| IPO Close Date | 7 July 2025 |
| Allotment Date | 8 July 2025 |
| Refund Initiation | 9 July 2025 |
| Share Credit to Demat | 9 July 2025 |
| Listing Date | 10 July 2025 |
| Minimum Investment | Rs 2,82,000.00 |
| Lot Size | 3000 shares |
About Cryogenic OGS SME
Cryogenic OGS Limited, incorporated in September 1997, is a precision engineering company specializing in the design, fabrication, and assembly of high-quality measurement and filtration equipment and systems. They cater to various sectors, including oil, gas, chemicals, and allied fluid industries. Their comprehensive solutions encompass design, process engineering, manufacturing (fabrication, assembly, and testing facilities), and post-sales support.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Cryogenic OGS SME IPO Subscription FAQs
What is the current subscription status of Cryogenic OGS SME?
Cryogenic OGS SME IPO closed on 7 July 2025 with an overall subscription of 694.90x based on shares applied. QIB subscribed N/A, NII N/A, and retail N/A.
What are the allotment chances for retail investors?
Retail allotment chances depend on final oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When will Cryogenic OGS SME allotment be finalised?
Allotment will be finalised on 8 July 2025. You can check your allotment status on the Cryogenic OGS SME IPO Allotment Status page from that date.
What happens after subscription closes?
After the subscription closes, the registrar processes all applications and finalises allotment on 8 July 2025. Refunds for unsuccessful applications are typically initiated before listing. Shares are credited to demat accounts before the listing date on 10 July 2025.
Can I apply after subscription closes?
No. The subscription window closed on 7 July 2025. All applications must be submitted during the open period. Late applications are rejected automatically.
What is the difference between QIB, NII, and IND subscription?
QIB includes institutional investors such as mutual funds, FIIs, and banks. NII includes high net worth individuals applying above Rs 2 lakh. IND includes individual investors applying up to Rs 2 lakh. Each category has separate reservation and different allotment rules.
How does subscription affect allotment chances?
Higher oversubscription means fewer applicants receive allotment. In the retail category, allotment is by lottery. In the NII category, allotment is proportional. At 694.90x overall subscription, competition for shares is very high.
What is the issue size and lot size for Cryogenic OGS SME?
Issue size is ₹16.88 Cr. Lot size is 3000 shares. Minimum investment at the issue price of Rs 47.00 is Rs 2,82,000.00 per lot (minimum 2 lots for SME).
For allotment results from 8 July 2025, visit the Cryogenic OGS SME IPO Allotment Status page. For listing day updates on 10 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.