WOG Technologies Ltd. IPO Details
WOG Technologies was incorporated on October 22, 2010. The company provides environmental engineering and technology solutions for industrial and municipal clients worldwide. It builds sustainable infrastructure, including water treatment, wastewater recycling, oil separation, and biogas generation. Its services cover the full project lifecycle—from design to operation and maintenance—focusing on regulatory compliance, advanced technology, and long-term sustainability
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 4.3 M | - | - | ₹3,750.0 M | DRHP DOC |
WOG Technologies issue details
WOG Technologies has 4.3 M shares on offer
WOG Technologies IPO issue size is ₹ 3,750.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
WOG Technologies IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
WOG Technologies NUMBER OF SHARES ON OFFER
WOG Technologies FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| Q1FY26 | 41.3 | 9.7 | 4.8 | 3.8 | 34.2% |
| FY25 | 165.4 | 44.2 | -21.1 | -28.7 | 41.1% |
| FY24 | 82.2 | 2.8 | -4.8 | -5.7 | 9.4% |
| FY23 | 61.7 | 1.2 | 2.8 | 2.6 | 6.5% |
WOG Technologies INFORMATION ON IPO ISSUE
About WOG Technologies
WOG Technologies was incorporated on October 22, 2010. The company provides environmental engineering and technology solutions for industrial and municipal clients worldwide. It builds sustainable infrastructure, including water treatment, wastewater recycling, oil separation, and biogas generation. Its services cover the full project lifecycle—from design to operation and maintenance—focusing on regulatory compliance, advanced technology, and long-term sustainability
Object of the Issue
- Funding the working capital requirements of the company
- Acquisition of additional 50% shareholding in Bell Cooling Towers Private Limited
- General corporate purposes
WOG Technologies - PROMOTERS
| Name |
|---|
| Satyapal Singh |
| Sunil Kumar |
| Amrita Panwar |
WOG Technologies - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Satyapal Singh | Chairman & Executive Director |
| Sunil Kumar | Managing Director |
| Manish Wahi | Independent Director |
| Neha Sharma | Independent Director |
| Sachin Goyal | Independent Director |
| Abhinav Agarwal | Additional Independent Director |
WOG Technologies Book Running Lead Manager
Unistone Capital Private Limited
mb@unistonecapital.com
WOG Technologies Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
WOG Technologies Strengths
Diversified project portfolio
The company operates across multiple industries and geographies, serving 40 domestic customers in nine states and one union territory, and 68 international customers across 16 countries as of November 30, 2025. Its wastewater treatment solutions cater to sectors including municipal bodies, oil and gas, pharmaceuticals, chemicals, textiles, power, food and beverage, and infrastructure
End-to-end integrated solutions
The company provides environmental engineering and technology solutions for industrial and municipal clients globally. Its work covers water treatment, wastewater management, and renewable energy. The focus is on energy-efficient systems that support regulatory compliance, water recycling, bio-methane recovery, and circular economy practices
Project execution capabilities
The company delivers end-to-end environmental solutions across water treatment, wastewater management, bioenergy, and oil-water separation. It has in-house capabilities in design, engineering, and commissioning. As of November 30, 2025, it has built 1,165.73 MLD of treatment capacity and handled 179 completed or ongoing projects in India and 16 countries, backed by experienced teams and strong project execution
WOG Technologies Risks
Competition
The water and wastewater EPC/EPM sector is highly competitive and fragmented, with many players bidding for projects. Aggressive pricing and low-margin or below-cost bids can reduce the company’s order inflows and profitability, affecting overall financial performance
Operational risks
The company plans to diversify into the green energy sector, but this carries execution, regulatory, technology, and commercial risks, and returns may not meet expectations. The strategy focuses on waste-to-energy and biomass-to-energy solutions, including torrefaction, pyrolysis, anaerobic digestion, and producing bio-CNG or electricity
Payment delays & retention risk
Delays in client inspections, certifications, or release of retention money can affect the company’s cash flow and liquidity. Payments are milestone-based and need approvals, especially for government projects. Retention amounts, usually up to 10% of the contract value, may be held for long periods if final certifications or clearances are delayed
IPO FAQs
The promoters of the company are Satyapal Singh, Sunil Kumar and Amrita Panwar.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.