Cryogenic OGS IPO, July 3 -- The Rs.17.77 crore initial public offering (IPO) of Cryogenic OGS opened for subscription on July 3 amid strong demand from all categories of investors and a solid grey market premium (GMP).

As a result, Cryogenic OGS IPO sailed through on the first day of the bidding process itself.

The SME IPO was booked 24.69 times at the end of the first day, with the individual investor category booked 36.92 times, the non-institutional buyer category 24.30 times and the qualified institutional buyer category 3.51 times.

Investors who wish to subscribe to the issue can do so till July 7. The price band for the offer is set at Rs.44 to Rs.47 per share. The IPO has no offer for sale component and is entirely a fresh shar...