Cryogenic OGS IPO GMP Soars After 694x Subscription; Becomes Fourth Most Subscribed SME IPO Of 2025

The Cryogenic OGS IPO was a book-building issue of Rs 17.77 crore. It comprised a fresh issuance of 37.8 lakh shares.
The price band for the IPO was set between Rs 44 and Rs 47 per share.
Retail investors could invest by bidding for two lots consisting of 6,000 shares. This amounted to an investment of Rs 2,64,000. High Net-Worth Individuals (HNIs) were required to bid for at least three lots, requiring an investment of Rs 4,23,000.
The subscription window for the Cryogenic OGS IPO opened for bidding on July 3. The company will transfer shares to the Demat accounts of successful bidders on July 9, and refunds will also be processed the same day.
Shares of Cryogenic OGS are scheduled to be listed on the BSE SME platform on July 10.
Beeline Capital Advisors Pvt. is the book-running lead manager of the Cryogenic OGS IPO. MUFG Intime India Pvt. is the registrar and Spread X Securities Pvt. is the market maker for the issue.
Advertising by Adpathway




