Mumbai, Sept. 4 -- The scrip was listed at Rs 85.25, a premium of 0.29% compared with the initial public offer (IPO) price. The stock is currently at par with its listing price.

The counter hit a high of Rs 86 and a low of Rs 85.25. About 20.37 lakh shares of the company changed hands at the counter.

Oval Projects Engineering's IPO was subscribed 1.57 times. The issue opened for bidding on 28 August 2025 and it closed on 01 September 2025. The price band of the IPO was fixed between Rs 80 to Rs 85 per share.

The IPO comprised fresh issue of 54,99,200 equity shares. The company intends to utilize the net proceeds for utilization towards long-term working capital requirements of the company and general corporate purposes.

Ahead of the I...