Cryogenic OGS IPO: Subscription Dates, Price Band, GMP, Allotment, and Listing Details Explained

As of July 5, 2025, the grey market premium (GMP) for the Cryogenic OGS SME IPO is approximately ₹26 per share, indicating strong investor interest ahead of its listing. With the IPO price band fixed between ₹120 to ₹130 per equity share, the current GMP suggests a potential listing price of around ₹156 (based on the upper band), translating to an estimated listing gain of nearly 20%. The GMP has shown an upward trend over the past few days, reflecting increasing bullish sentiment in the unlisted market. These figures indicate a positive outlook among grey market traders and early investors, likely driven by the company’s niche presence in the cryogenic equipment sector and strong demand for industrial gas solutions. However, it’s important to note that grey market premiums are unofficial and unregulated. They serve as a sentiment indicator rather than a guaranteed outcome, as actual listing performance depends on broader market conditions and investor response.

Cryogenic OGS Limited is launching its Initial Public Offering on July 10, 2025, with the subscription period open until July 12, 2025. The company manufactures cryogenic equipment and gas systems, catering to industrial, medical, and scientific sectors. The minimum lot size is 100 shares, requiring a retail investment of ₹13,000. The ₹50 crore issue, comprising a fresh issue, will be used to fund working capital, capacity expansion, and general corporate purposes. Market analysts are cautiously optimistic, noting the company’s stable revenue growth and improving profit margins. However, being a small-cap listing on the NSE SME platform, it may experience higher volatility and lower liquidity. The allotment is expected to be finalized by July 15, 2025, with shares likely to be listed by July 18, 2025. Investors are advised to consider both short-term gains and long-term fundamentals before subscribing.

Caution: Investors are advised to approach the Cryogenic OGS SME IPO with careful consideration. While the grey market premium indicates strong interest and potential short-term listing gains, it is important to remember that GMPs are unofficial, unregulated, and can fluctuate rapidly. The actual listing price and post-listing performance may differ significantly based on market conditions, liquidity, and investor sentiment. As this is an SME IPO, shares may face higher volatility and lower trading volumes compared to mainboard listings. Prospective investors should thoroughly assess the company’s fundamentals, financials, and long-term growth potential before making any investment decisions. Investing based solely on grey market trends carries inherent risks.