Oval Projects Engineering Ltd Completes IPO, Raises 46.74 Crore on BSE SME Platform

Oval Projects Engineering Ltd, a leading EPC company in the industrial infrastructure sector, has successfully completed its Initial Public Offering (IPO) on the BSE SME platform. The IPO, which opened on August 28, 2025, and closed on September 1, 2025, offered 5,499,200 fresh equity shares at a price band of ₹80-₹85. The company raised ₹46.74 crore, which will directly strengthen its core business, including bidding for larger projects, ensuring timely execution, and supporting strategic investments. The listing comes with a commitment to uphold the highest standards of compliance, transparency, and value creation for shareholders.