Oval Projects Engineering Limited IPO
Business Operations
Oval Projects Engineering specializes in infrastructure services, with a strong presence in the Oil & Gas sector. It derives its revenues from three main business verticals:
a) Upstream, midstream, and downstream oil & gas facilities: Processing plants, Pipeline laying, Horizontal directional drilling, Terminal stations, City Gas Distribution (CGD) projects, O&M of PNG/PNG networks
b) Captive Power Plant O&M Services
c) Urban Development & Civil Projects: Smart city initiatives and Urban infrastructure projects, some funded by international financing organizations.
Client Base
The company primarily serves public sector players in Oil & Gas and Central & State Government entities, including projects funded by international development agencies such as the World Bank and other global financiers.
Geographical Presence
It is Active presence across 10+ states in India, with deep penetration in the North-East. Company has proven ability to expand operations strategically into regions with demand for EPC and flowline infrastructure. There also have strong supplier network across the country ensures seamless project execution.
Project Execution & Order Book
– 50+ projects executed in oil & gas and special infrastructure sectors, valued at approximately ₹20,362.74 lakhs.
– As of April 09, 2025, the company has 30+ ongoing projects worth around ₹45,299.61 lakhs, reflecting a robust order book.
– Capabilities to handle large, complex, and simultaneous projects with efficiency.
Competitive Strengths
i) Strong Project Execution Capabilities – In-house teams and efficient cost management ensure timely, cost-effective project delivery.
ii) Experienced Promoter and Leadership – Led by Goutam Debnath and a skilled management team, backed by independent directors for strategic depth.
iii) Optimal Resource Utilization – Continuous modernization, process improvements, and procurement efficiency maximize resource use.
iv) Robust Order Book Ensuring Growth – A ₹45,299.61 lakh order book with diversified, high-margin projects drives sustainable future growth.
Objects of the Oval Projects Engineering Limited IPO:
Oval Projects Engineering Limited IPO Details:
Open Date: | Aug 28 2025 |
Close Date: | Sep 01 2025 |
Total Shares: | 54,99,200 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Book Building |
Issue Size: | 46.74 Cr. |
Lot Size: | 1600 Shares |
Issue Price: | ₹ 80-85 Per Equity Share |
Listing At: | BSE SME |
Promoters And Management:
Financials of Oval Projects Engineering Limited IPO:
To be updated shortly
Comparison With Peers:
To be updated shortly
Lead Manager of Oval Projects Engineering Limited IPO:
Registrar of Oval Projects Engineering Limited IPO:
Discussion on Oval Projects Engineering Limited IPO:
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