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Mainboard IPOlistedBoth

Om Power Transmission IPO 2026

Om Power Transmission IPO is a mainboard IPO that opened for subscription on 9 Apr 2026 and is now listed. The issue aggregates ₹150.06 Cr.

Price Band
₹166–₹175
GMP
Subscription
3.33x
Listing
17 Apr 2026

Overview

Om Power Transmission IPO is a mainboard IPO that opened for subscription on 9 Apr 2026 and is now listed. The issue aggregates ₹150.06 Cr.

IPO Details

Om Power Transmission IPO is a mainboard initial public offering scheduled to be listed on Both. The issue has a price band of ₹166–₹175 per equity share with a lot size of 85 shares, translating to a minimum retail investment of ₹14,875.

The issue aggregates ₹150.06 Cr, with the subscription window open from 9 Apr 2026 to 13 Apr 2026. Allotment is expected on 15 Apr 2026 and the equity shares are scheduled to list on 17 Apr 2026.

Type
Mainboard
Status
listed
Price band
₹166–₹175
Face value
₹10 (typical)
Lot size
85 shares
Min investment (Retail)
₹14,875
Issue size
₹150.06 Cr
Fresh issue
₹132.56 Cr
OFS
₹17.5 Cr
Exchange
Both
ISIN
TBA
Sector
Power

Market Lot

Retail investors must apply for a minimum of one lot and can apply up to the retail cap of ₹2 lakh. NII / HNI investors apply above ₹2 lakh.

ApplicationLotsSharesAmount
Retail (Minimum)185₹14,875
Retail (Maximum)131105₹1,93,375
HNI / NII (Minimum)141190₹2,08,250

IPO Reservation

Per SEBI guidelines, Om Power Transmission IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIB (Qualified Institutional Buyers)Not more than 50%Mutual funds, FIIs, banks, insurance
NII / HNI (Non-Institutional)Not less than 15%Bids ≥ ₹2 lakh
Retail (RII)Not less than 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    9 Apr 2026 · Subscription opens
  2. Issue Close
    13 Apr 2026 · Subscription closes
  3. Allotment
    15 Apr 2026 · Basis of allotment finalised
  4. Refunds Initiated
    16 Apr 2026 · Funds released for non-allottees
  5. Listing Date
    17 Apr 2026 · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Om Power Transmission is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

3.33x
Overall subscription

Updated

Allotment Status

Om Power Transmission IPO allotment will be finalised by the registrar (MUFG Intime India) on 15 Apr 2026. Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

Listing Performance

Listing Price
₹186
Listing Gain
+6.29%
High
Low

Om Power Transmission listed on 17 Apr 2026 with a premium of 6.29% versus the issue price. Post-listing price performance depends on broader market conditions, company fundamentals, and demand from institutional and retail investors.

About Om Power Transmission

Om Power Transmission Limited, incorporated in June 2011 and headquartered in Ahmedabad, is a power-transmission-infrastructure EPC (Engineering, Procurement and Construction) company with over 14 years of operating experience. The business spans EPC delivery of transmission lines (765 kV, 400 kV, 220 kV high-voltage transmission), substations (GIS / AIS), and associated transmission-grid infrastructure for both state-transmission utilities (PGCIL, state SLDCs) and private RE-IPP transmission-evacuation projects. Indian power-transmission EPC has been one of the structurally growing capital-goods sub-segments through 2022-26. Demand drivers include the 500 GW non-fossil target by 2030 (each new RE project requires transmission evacuation infrastructure), the inter-state transmission expansion under National Electricity Plan, BBNL fibre-grid integration with transmission corridors, and the broader green-corridor + transmission-grid-strengthening programmes. Listed mainboard peers KEC International, Kalpataru Projects, and Bajel Projects (Bajaj Group) all benefit from these tailwinds. The ₹150.06 crore mainboard IPO (NSE+BSE) at ₹166-175 price band opened 9-13 April 2026, closed with 3.33x subscription, and listed on NSE+BSE on 17 April 2026 at ₹186 (NSE, +6.29%) and ₹181.10 (BSE, +3.49%) — modest listing premium. The 88% fresh-issue share (₹132.56 cr fresh + ₹17.50 cr OFS) is investor-friendly capital structure.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Om Power Transmission prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

Om Power Transmission IPO proceeds will be utilised across the following objectives, as disclosed in the Red Herring Prospectus:

PurposeAmount (₹ Cr)% of Issue
Fresh issue ₹132.56 cr — working capital + balance-sheet expansion + general corporate purposes (exact split per RHP)132.5688.34%
Offer for Sale ₹17.50 cr — partial promoter monetisation17.511.66%

Financial Performance

Om Power Transmission's three-year financials — revenue, PAT, assets, net worth — will be displayed here based on audited numbers from the Red Herring Prospectus. Year-on-year growth, EBITDA margins, debt-to-equity progression, and RoNW together form the basis for valuation comparison.

Valuation Snapshot

Key valuation metrics for Om Power Transmission — RoE, RoCE, EBITDA margin, PAT margin, debt-to-equity, EPS, P/E ratio, RoNW, NAV — will be updated based on FY25 numbers from the Red Herring Prospectus.

Peer Comparison

Listed peers in the Power sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
KEC International
Kalpataru Projects
Bajel Projects (Bajaj Group)

Anchor Investors

Anchor investor bidding for Om Power Transmission typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

Book-Running Lead Managers (BRLMs) for Om Power Transmission will be listed once confirmed in the Red Herring Prospectus. Lead managers oversee pricing, marketing, and underwriting — typically Kotak, ICICI Securities, Axis Capital, HDFC, SBI Caps, JP Morgan, or Citigroup.

IPO Registrar

The registrar processes all bid applications, finalises the basis of allotment, manages refunds, and credits allotted shares to successful applicants' demat accounts.

Editorial Review

Om Power Transmission listed on NSE+BSE on 17 April 2026 at ₹186 (NSE, +6.29%) and ₹181.10 (BSE, +3.49%) — modest mainboard listing premium. The ₹150.06 crore IPO (88% fresh + 12% OFS) at ₹166-175 band subscribed 3.33x overall. The business positioning is mid-cap power-transmission EPC — 14-year operating history in 765 kV, 400 kV and 220 kV transmission-line + substation EPC delivery. The category is structurally well-supported by India's 500 GW non-fossil target (each new RE project needs transmission-evacuation infrastructure), the inter-state-transmission expansion under National Electricity Plan, and the broader green-corridor + transmission-grid-strengthening programmes. What's working: 88% fresh-issue share means meaningful capital reaches operating business; mid-cap transmission EPC has multi-year structural demand tailwinds; 14-year operating history provides multi-cycle resilience; listing-day premium (+6.29% NSE) signals modest follow-through demand. What's concerning: competitive pressure from mainboard transmission EPC leaders KEC International, Kalpataru Projects, and Bajel Projects at vastly larger scale and broader order-book pipelines; 3.33x subscription is modest mainboard rate; transmission EPC project-execution cycle lumpiness — revenue lumpy by project milestones; state-utility receivable-cycle dependency; detailed financial granularity not surfaced at depth. Subscribe-equivalent post-listing for investors interested in transmission-EPC category exposure. The combination of modest listing premium + capital-discipline fresh-issue structure + multi-year transmission demand tailwinds supports a hold-to-accumulate thesis. Sizing moderate (5-10% of infrastructure-thematic bucket) given competitive pressure from larger mainboard peers. Wait for first 2-3 listed-quarter results to validate project-execution discipline and margin trajectory.

How to Apply for Om Power Transmission IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Om Power Transmission IPO during the bidding window (9 Apr 202613 Apr 2026).
  3. Enter bid details — minimum 85 shares per lot. Retail investors are recommended to bid at cut-off price (₹175).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on 15 Apr 2026.
  7. Listing day — shares list on Both on 17 Apr 2026.

Risk Factors

1. Competitive pressure from mainboard leaders — KEC International, Kalpataru Projects, Bajel Projects operate at vastly larger scale with broader order-book pipelines. 2. Transmission EPC project-execution lumpiness — milestone-based accounting creates quarterly revenue volatility. 3. State-utility receivable-cycle risk — major customers include state transmission utilities with multi-year payment cycles; receivable-aging risk is structural. 4. Steel + aluminium commodity-pricing pressure — transmission tower steel and conductor aluminium prices fluctuate; pricing-pass-through to customer contracts is partial. 5. Project-bidding margin compression — increasingly competitive transmission EPC tenders compress margins on new wins.

Om Power Transmission IPO — FAQs

What is Om Power Transmission IPO?
Om Power Transmission IPO is a mainboard initial public offering listing on Both. The issue opens on 9 Apr 2026 and closes on 13 Apr 2026 with a price band of ₹166–₹175 per share.
What is the Om Power Transmission IPO price band?
The price band for Om Power Transmission IPO is ₹166–₹175 per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Om Power Transmission IPO lot size?
The minimum lot size for Om Power Transmission IPO is 85 shares per application. Minimum retail investment at the upper price band works out to approximately ₹14,875.
When is the Om Power Transmission IPO opening date?
Om Power Transmission IPO opens for subscription on 9 Apr 2026 and closes on 13 Apr 2026.
When is the Om Power Transmission IPO allotment date?
Basis of allotment is expected on 15 Apr 2026. Check your status on MUFG Intime India's website using your PAN.
When is the Om Power Transmission IPO listing date?
Om Power Transmission shares are expected to list on Both on 17 Apr 2026.
What is the GMP of Om Power Transmission IPO?
GMP for Om Power Transmission is not currently tracked.
Who is the registrar of Om Power Transmission IPO?
MUFG Intime India is handling allotment, refunds, and dematerialisation for Om Power Transmission IPO.
How can I apply for Om Power Transmission IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately ₹14,875 (1 lot × 85 shares at upper band).
Should I apply for Om Power Transmission IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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