Oval Projects Engineering SME IPO Subscription
ListedUpdated 4 September 2025, 9:15 AM IST· BSE SME
Oval Projects Engineering SME IPO subscription closed on 1 September 2025 at 1.61x overall by shares. QIB demand came in at 6.21x, NII at 1.04x, and retail at 0.83x. See Retail, SHNI, and BHNI allotment chances in the…
Oval Projects Engineering SME IPO subscription closed on 1 September 2025 at 1.61x overall by shares. QIB demand came in at 6.21x, NII at 1.04x, and retail at 0.83x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 2 September 2025. Listing date on NSE and BSE is 4 September 2025.
Oval Projects Engineering SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 28 Aug 2025 | 2.88x | 0.31x | 0.13x | 0.59x |
| Day 2 - 29 Aug 2025 | 2.88x | 0.29x | 0.31x | 0.68x |
| Day 3 - 1 Sept 2025 | 6.21x | 0.82x | 0.83x | 1.61x |
Oval Projects Engineering SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Oval Projects Engineering SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 0.83x | Very high |
| SHNI (Rs 2L to Rs 10L) | 0.39x | Very high |
| BHNI (above Rs 10L) | 0.30x | Very high |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Oval Projects Engineering SME IPO Allotment Status page from 2 September 2025 for your result.
Oval Projects Engineering SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 85.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 5.30 Cr | Rs 32.95 Cr | 6.21x |
| FII | - | Rs 17.65 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 15.30 Cr | - |
| NII | Rs 12.24 Cr | Rs 12.68 Cr | 1.04x |
| bNII (above Rs 10L) | Rs 8.16 Cr | Rs 10.73 Cr | 1.32x |
| Corporate | - | Rs 4.54 Cr | - |
| Individual | - | Rs 6.19 Cr | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | Rs 4.08 Cr | Rs 1.94 Cr | 0.48x |
| Corporate | - | Rs 9.52 L | - |
| Individual | - | Rs 1.85 Cr | - |
| Other | - | - | - |
| IND | Rs 18.66 Cr | Rs 15.40 Cr | 0.83x |
| Fixed price | - | Rs 15.40 Cr | - |
| Total | Rs 36.20 Cr | Rs 61.02 Cr | 1.69x |
Oval Projects Engineering SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 390 | 2 | 0.01x |
| FII | - | 1 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 1 | - |
| NII | 300 | 98 | 0.33x |
| bNII (above Rs 10L) | 200 | 59 | 0.30x |
| Corporate | - | 19 | - |
| Individual | - | 40 | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | 100 | 39 | 0.39x |
| Corporate | - | 2 | - |
| Individual | - | 37 | - |
| Other | - | - | - |
| IND | 686 | 566 | 0.83x |
| Fixed price | - | 566 | - |
| Total | 1,376 | 666 | 0.48x |
What Do These Subscription Numbers Mean?
1.61x overall by shares means bids covered about 2 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 6.21x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (0.33x by applications). Split: SHNI 0.39x, BHNI 0.30x by applications. SHNI and BHNI allotment is by lottery.
null Retail allotment is also by lottery.
Oval Projects Engineering SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 28 August 2025 |
| IPO Close Date | 1 September 2025 |
| Allotment Date | 2 September 2025 |
| Refund Initiation | 3 September 2025 |
| Share Credit to Demat | 3 September 2025 |
| Listing Date | 4 September 2025 |
| Minimum Investment | Rs 2,72,000.00 |
| Lot Size | 1600 shares |
About Oval Projects Engineering SME
No company information available
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 (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Oval Projects Engineering SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Oval Projects Engineering SME Details
Issue size, price, financials, and company info
Oval Projects Engineering SME GMP
Live grey market premium and listing estimate
Oval Projects Engineering SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Oval Projects Engineering SME Allotment
Allotment date, chances, and check by PAN
Oval Projects Engineering SME Review
SWOT, strengths, risks, and IPO review
Oval Projects Engineering SME FAQ
Common questions on dates, GMP, and allotment
Oval Projects Engineering SME Registrar
Registrar website and how to check allotment
Oval Projects Engineering SME Timeline
Open, close, allotment, and listing dates
Oval Projects Engineering SME News
Updates, blogs, and latest IPO news
Oval Projects Engineering SME IPO Subscription FAQs
What is Oval Projects Engineering SME IPO subscription status today?
Oval Projects Engineering SME IPO subscription closed on 1 September 2025 with overall subscription of 1.61x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 6.21x, NII 0.33x, IND 0.83x.
What is the overall subscription of Oval Projects Engineering SME IPO?
Oval Projects Engineering SME IPO is subscribed 1.61x overall by shares at close on 1 September 2025. QIB 6.21x, NII 0.33x, and IND 0.83x.
What is Oval Projects Engineering SME IPO QIB subscription?
Oval Projects Engineering SME IPO QIB (Qualified Institutional Buyers) subscription is 6.21x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Oval Projects Engineering SME IPO IND subscription?
Oval Projects Engineering SME IPO IND subscription is 0.83x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Oval Projects Engineering SME IPO NII, SHNI, and BHNI subscription?
Oval Projects Engineering SME IPO NII subscription is 0.33x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 0.39x and BHNI (above Rs 10L) at 0.30x.
What are Oval Projects Engineering SME IPO retail allotment chances?
Oval Projects Engineering SME IPO retail allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Oval Projects Engineering SME IPO SHNI allotment chances?
Oval Projects Engineering SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Oval Projects Engineering SME IPO BHNI allotment chances?
Oval Projects Engineering SME IPO BHNI share subscription is 1.32x. Application data is needed for exact lottery chances.
When is Oval Projects Engineering SME IPO allotment date?
Oval Projects Engineering SME IPO allotment date is 2 September 2025. Check Oval Projects Engineering SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Oval Projects Engineering SME IPO subscription close?
Oval Projects Engineering SME IPO subscription closed on 1 September 2025. No new applications are accepted after the close.
What is Oval Projects Engineering SME IPO GMP today?
GMP for Oval Projects Engineering SME IPO is not available yet. Track Oval Projects Engineering SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Oval Projects Engineering SME IPO issue price and lot size?
Oval Projects Engineering SME IPO issue price is ₹85 per share. Lot size is 1600 shares. Minimum investment is ₹2,72,000 per lot (minimum 2 lots for SME). Issue size: ₹44.16 Cr.
When is Oval Projects Engineering SME IPO listing date?
Oval Projects Engineering SME IPO listing date is 4 September 2025 on NSE and BSE. Allotment is on 2 September 2025.
How does subscription affect Oval Projects Engineering SME IPO allotment?
In Oval Projects Engineering SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 1.61x overall, competition is moderate.
For allotment results from 2 September 2025, visit the Oval Projects Engineering SME IPO Allotment Status page. For listing day updates on 4 September 2025, download the IPOwiz App.
Sources
We match Oval Projects Engineering SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.