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Cryogenic’s Engineering Edge Secures Rs 13.2 Million ABB India Pact

Updated: July 23, 2025 17:48

Image Source : Univest
Cryogenic OGS Ltd has secured a fresh order worth Rs 13.2 million from ABB India, marking a strategic win just days after its successful SME IPO listing on the BSE.
 
Order specifics:
 
- The contract involves precision-engineered filtration and metering equipment for ABB’s industrial automation division
 
- Delivery is expected within Q2 FY26, with fabrication and testing to be executed at Cryogenic’s Vadodara facility
 
- The order reinforces Cryogenic’s positioning in the oil, gas, and fluid management sectors, where it serves marquee clients like IOCL and BPCL
 
Strategic context:
 
- The deal adds to Cryogenic’s post-IPO order book, which includes Rs 28.37 crore in domestic bids and Rs 26.76 crore in international bids under review
 
- Cryogenic’s make-to-order model and zero-debt balance sheet continue to attract PSU and private sector clients
 
- The company’s recent IPO was oversubscribed 694x, reflecting strong investor confidence in its niche engineering capabilities
 
Sources: Business Standard, IPO Central, Economic Times, Cryogenic OGS Ltd official filings, Bloomberg Markets, Chittorgarh IPO Tracker

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