Mumbai, July 10 -- The scrip was listed at Rs 89.30, a premium of 90% compared with the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 93.76 and a low of Rs 89.30. About 10.80 lakh shares of the company changed hands at the counter.

Cryogenic OGS' IPO was subscribed 646.47 times. The issue opened for bidding on 3 July 2025 and it closed on 7 July 2025. The price band of the IPO was set at Rs 44 to Rs 47 per share.

The IPO comprised fresh issue of 37,80,000 equity shares. The promoter and promoter group shareholding diluted to 73.53% from 100% pre-issue.

The company intends to utilize the net proceeds to meet working capital requirements, pub...