Oval Projects Engineering IPO GMP Price, Allotment & Listing Date 2025

Track Oval Projects Engineering IPO GMP today with price band, lot size, subscription dates, allotment status, tentative BSE SME listing date, and expected listing price.

Snapshot: Why investors are watching

Oval Projects Engineering IPO is a book-built SME issue, consisting entirely of a fresh issue. With grey market activity turning positive, investors are tracking the Oval Projects Engineering IPO GMP to gauge potential listing gains.

Oval Projects Engineering IPO GMP Today

• Last updated: Aug 26, 2025 • 03:00 PM

• Oval Projects Engineering IPO GMP: ₹8

• Price Band: ₹80 – ₹85 per share

• Estimated Listing Price: ₹93 (cap price ₹85 + GMP ₹8)

• Expected Gain: ~9.41%

• Retail “Subject to Sauda”: ₹9,700

Trend: Over the last 5 sessions, GMP moved from ₹0 to ₹8, indicating improving sentiment and odds of a modest premium listing if momentum holds.

Issue Details (At a Glance)

Particulars	Details
Issue Type	Book Built (SME)
Issue Size	₹44.16 – ₹46.74 crore* (entirely fresh)
Shares Offered	Up to ~0.55 crore shares (fresh)
Face Value	₹10 per share
Price Band	₹80 – ₹85
Exchange	BSE SME (tentative)

* Note: At the cap price (₹85) and ~0.55 crore shares, the gross size works out to ~₹46.74 crore. Communication elsewhere may also cite ₹44.16 crore; the final aggregate depends on price discovery and exact share count at allotment.

Important Dates

Event	Date
IPO Opens	Aug 28, 2025
IPO Closes	Sep 1, 2025
Basis of Allotment (BoA)	Sep 2, 2025 (expected)
Listing Date	Sep 4, 2025 (tentative)
Listing Exchange	BSE SME

Lot Size & Minimum Investment

Category	Lots	Shares	Amount @ ₹85
Retail (Minimum)	2 lots	3,200	₹2,72,000
HNI (Minimum)	3 lots	4,800	₹4,08,000
One Lot Size	1	1,600	₹1,36,000

SME rules commonly require 2 lots minimum for retail—hence the ₹2.72L entry ticket at the cap price.

Subscription Status (Live during bidding window)

Opens Aug 28 – Sep 1, 2025. Track category-wise bids in QIB / NII / Retail during market hours for real-time color on demand. Elevated NII and QIB interest typically support a premium listing; watch the final-day surge.

How the listing price is being estimated

• Formula (simple street view): Cap Price + GMP = Indicative Listing Price
  
  

• Today’s read: ₹85 + ₹8 = ₹93 → ~9.41% expected premium (subject to change with GMP & subscription).

Reminder: GMP is unofficial and highly volatile. Actual listing depends on demand, free-float, and market mood on listing day.

Should you apply?

Positives

• Improving GMP (+₹8) implies a potential single-digit premium at listing.

• 100% fresh issue—proceeds go to the company for growth/working capital.

• A reasonable band (₹80–₹85) enhances discoverability for SME investors.

Cautions

• High ticket size (₹2.72L retail minimum) limits flexibility.

• Analyst coverage is sparse—as of now, one note carried no explicit “Subscribe/May Apply/Avoid” rating.

• GMP can fade quickly if subscription is tepid or markets wobble.
  
  

Verdict (tactical):
If you’re targeting modest listing gains, the Oval Projects Engineering IPO GMP trend is supportive—but keep an eye on day-2/day-3 subscription and any broker notes. Long-term investors should review business fundamentals (order book, margins, working-capital cycle, client concentration) before committing.

How to check allotment status (on BoA day)

1. Visit the registrar’s IPO allotment page.

2. Select “Oval Projects Engineering IPO”.

3. Enter PAN / Application No. / DP ID–Client ID.

4. Click Search / Submit to view allotment.

Tip: If the site is busy on BoA evening, retry later or check via your broker’s IPO section.

GMP Trend (Last 5 Sessions)

Session	GMP (₹)
Most recent	8
Earlier	7
Earlier	5
Earlier	2
Earliest	0

Range: ₹0 – ₹8 so far • Direction: Upward

Quick FAQs: Oval Projects Engineering IPO GMP

Q1. What is the Oval Projects Engineering IPO GMP today?
As of Aug 26, 2025 (03:00 PM), the GMP is ₹8.

Q2. What is the expected listing price based on today’s GMP?
Indicatively ~₹93 (₹85 cap + ₹8 GMP), implying ~9.41% potential upside.

Q3. What’s the minimum investment for retail? Why two lots?
₹2,72,000 at the cap price for 2 lots (3,200 shares). SME IPOs often mandate 2-lot minimum for retail.

Q4. Is GMP reliable for investment decisions?
No. GMP is unofficial and can swing sharply. Treat it as sentiment, not a valuation anchor.

Q5. What is the lot size for one lot?
1,600 shares (₹1,36,000 at ₹85).

Q6. When are allotment and listing?
Allotment: Sep 2, 2025 (expected) • Listing: Sep 4, 2025 (tentative, BSE SME).

Q7. Why do I see both ₹44.16 cr and ₹46.74 cr for issue size?
The gross amount varies with price discovery and final shares/allocation. At ₹85 with ~0.55 cr shares, size is ~₹46.74 cr; some communications round to ~₹44.16 cr depending on the working assumption.

Q8. What should long-term investors evaluate beyond GMP?
Revenue trajectory, order book visibility, EBITDA margins, working-capital cycle, customer concentration, capex needs, and post-issue debt/equity.

Q9. Where can I track live subscription?
During the window (Aug 28–Sep 1), check your broker’s IPO page or the exchange/registrar updates for QIB/NII/Retail bids.

Q10. What could push listing above the current estimate?
A late surge in QIB/NII subscription, buoyant market tone, and tight supply/free float can expand the premium. Conversely, a risk-off day can compress or erase GMP.

Final Word

The Oval Projects Engineering IPO GMP has turned positive into the final stretch, hinting at modest premium listing if momentum continues. Pair GMP with subscription cues and a quick read of fundamentals to decide your bid size—and always size positions to your risk tolerance.

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