Om Galaxy Limited is a precision engineering and mould manufacturing company engaged in the design, development and manufacturing of pipe fitting moulds, industrial moulds, automotive moulds, Hot Runner Systems and household cleaning products. The company operates through its own business as well as subsidiaries and has developed capabilities across mould design, machining, assembly and mould trials.
The Om Galaxy IPO is a BSE SME book-built issue comprising up to 1,16,67,200 equity shares of face value ₹5 each. The entire issue is a fresh issue with no Offer for Sale. The price band has been fixed at ₹85 to ₹90 per share. At the upper price band, the issue size works out to approximately ₹105.00 crore. The IPO will open on 10 September 2026 and close on 15 September 2026, with listing scheduled for 18 September 2026.
The company has around 17 years of experience in precision mould manufacturing and operates seven manufacturing units across Maharashtra, including facilities operated through subsidiaries. Its FY2026 consolidated revenue from operations was ₹124.00 crore, while EBITDA stood at ₹32.82 crore and PAT at ₹16.64 crore.
Table of Contents
Om Galaxy IPO Details Information
| Particulars | Details |
|---|---|
| IPO Name | Om Galaxy IPO |
| Company Name | Om Galaxy Limited |
| IPO Type | SME IPO |
| Issue Type | Book Building |
| Listing Exchange | BSE SME |
| Face Value | ₹5 per equity share |
| IPO Price Band | ₹85 to ₹90 per share |
| Total Issue Size | 1,16,67,200 shares |
| Issue Size | ₹99.17 crore to ₹105.00 crore |
| Fresh Issue | 1,16,67,200 shares |
| OFS | Nil |
| Market Maker Reservation | 5,84,000 shares |
| Net Public Issue | 1,10,83,200 shares |
| IPO Opening Date | 10 September 2026 |
| IPO Closing Date | 15 September 2026 |
| Anchor Investor Bidding Date | 9 September 2026 |
| Basis of Allotment | 16 September 2026 |
| Refund Initiation | 17 September 2026 |
| Credit of Shares to Demat | 17 September 2026 |
| Listing Date | 18 September 2026 |
| Lot Size | 1,600 shares |
| Minimum Retail Application | 2 lots / 3,200 shares |
| Minimum Investment at Upper Band | ₹2,88,000 |
| Registrar | Bigshare Services Private Limited |
| Lead Manager | Indorient Financial Services Limited |
| Market Maker | Aikyam Capital Private Limited |
The latest RHP-based information gives the issue as a 100% fresh issue of up to 1,16,67,200 shares at ₹85–₹90 per share. Bigshare’s corporate announcement independently confirms the 10 September to 15 September 2026 issue window and the ₹85–₹90 price band.
Om Galaxy IPO Dates & Timeline
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding Date | 9 September 2026 |
| IPO Opening Date | 10 September 2026 |
| IPO Closing Date | 15 September 2026 |
| Basis of Allotment | 16 September 2026 |
| Initiation of Refunds | 17 September 2026 |
| Credit of Shares to Demat Account | 17 September 2026 |
| IPO Listing Date | 18 September 2026 |
The IPO timeline is based on the latest RHP and registrar-related issue information.
Om Galaxy IPO Reservation
| Investor Category | Shares Offered | Reservation |
|---|---|---|
| Qualified Institutional Buyers (QIB) | Up to 50% of Net Issue | Not more than 50% |
| Non-Institutional Investors (NII) | At least 15% of Net Issue | Not less than 15% |
| Retail Individual Investors | At least 35% of Net Issue | Not less than 35% |
| Market Maker | 5,84,000 shares | Approximately 5.01% of total issue |
The reservation structure follows the applicable SME IPO framework, with up to 50% for QIBs, at least 15% for NIIs and at least 35% for individual investors.
QIB : Qualified Institutional Buyers can receive up to 50% of the net issue, subject to the final allocation process.
NII : The NII category is entitled to not less than 15% of the net issue as per the stated issue structure.
Retail : Retail individual investors are entitled to not less than 35% of the net issue.
Om Galaxy IPO Lot Size
The Om Galaxy IPO lot size is 1,600 equity shares. At the upper price band of ₹90, one lot represents an application value of ₹1,44,000. Since the minimum application for an individual investor is two lots, the minimum investment is ₹2,88,000.
| Application | Lots | Shares | Amount at ₹90 |
|---|---|---|---|
| Minimum Individual Application | 2 | 3,200 | ₹2,88,000 |
| Minimum sHNI Application | 3 | 4,800 | ₹4,32,000 |
| Higher Application | 4 | 6,400 | ₹5,76,000 |
| Higher Application | 10 | 16,000 | ₹14,40,000 |
About Om Galaxy Limited
Om Galaxy Limited was incorporated on 8 October 2008 as Om Galaxy Precision Mould Crafts Private Limited. The company subsequently changed its name to Om Galaxy Private Limited in October 2024 and was converted into a public limited company as Om Galaxy Limited in December 2024. Its CIN is U33127MH2008PLC187382.
The company specialises in precision mould manufacturing and related engineering solutions. Its moulds are used in applications such as pipes, fittings, sanitaryware, plastic products, automotive components and industrial products.
The company also operates through subsidiaries, including OMG Auto Mould Private Limited and Infuse HRS Private Limited, expanding its capabilities into automotive moulds and Hot Runner Systems.
Business Operations
Pipe Fitting Moulds : Pipe fitting moulds are the company’s largest business segment. In FY2026, pipe fitting moulds contributed approximately 73.62% of the company’s revenue from operations. The moulds are used in the production of pipes, fittings and related plastic products.
Industrial Moulds : The company manufactures industrial moulds for applications across plastics, polymer processing, building materials and industrial engineering.
Automotive Moulds : Automotive mould manufacturing is carried out through the company’s subsidiary OMG Auto Mould Private Limited. The business caters to automotive and auto-component applications.
Hot Runner Systems : Through Infuse HRS Private Limited, the company manufactures Hot Runner Systems. This provides the group with an integrated mould and hot-runner offering rather than relying entirely on external suppliers.
Cleaning Products
The company entered the household cleaning products segment under its WONDRA brand. The product portfolio includes:
- Mops
- Brooms
- Brushes
- Scrubbers
- Wipers
- Other cleaning accessories
The company had 77 WONDRA SKUs as of 30 June 2026.
Manufacturing Facilities : Om Galaxy operates seven manufacturing units across Maharashtra, including facilities operated through its subsidiaries. The group has manufacturing and engineering capabilities across Vasai and Pune.
Export Business : The company exports products to markets in North America, Asia and Africa. Its international business provides exposure beyond the domestic Indian market.
Order Book : The consolidated order book stood at ₹94.42 crore as of 15 August 2026, compared with ₹80.28 crore at the end of FY2026. This provides a significant order pipeline relative to FY2026 revenue.
Industry Overview
Precision Engineering and Mould Manufacturing : Moulds are essential components in the manufacturing process for plastic, automotive, building material and industrial products. Demand for precision moulds is linked to production volumes across these downstream industries.
Plastics and Polymer Industry : The growing use of plastic products in pipes, fittings, packaging, automotive components and consumer goods supports demand for injection and blow moulding equipment and moulds.
Automotive Industry : Automotive component manufacturers require increasingly precise moulds to produce complex components. Growth in vehicle production and increasing product complexity can create opportunities for specialised mould manufacturers.
Building Materials : Pipe fittings, sanitaryware and other building products form an important end-use market for precision moulds. Construction activity and infrastructure spending can therefore influence demand.
Business Strategy
New Manufacturing Facility : The company plans to establish a new manufacturing facility to consolidate existing manufacturing units and expand production capacity. Approximately ₹74.66 crore of the IPO proceeds has been earmarked for this capital expenditure.
Consolidation of Existing Operations : The proposed facility is expected to consolidate four existing manufacturing units into a single owned facility. This can help the company streamline production, improve capacity utilisation and reduce dependence on multiple rented facilities.
Capacity Expansion : The new facility is intended to support increased production capacity and future business growth.
Debt Reduction : Up to ₹14 crore of the IPO proceeds is proposed to be used for repayment or pre-payment of certain outstanding borrowings.
Integrated Product Offering : The combination of mould manufacturing, automotive moulds and in-house Hot Runner Systems allows the company to provide more integrated solutions to customers.
Financial Information
Om Galaxy has reported growth in revenue and profitability over FY2024–FY2026. Consolidated revenue from operations increased from ₹104.56 crore in FY2024 to ₹112.66 crore in FY2025 and ₹124.00 crore in FY2026.
EBITDA increased from ₹24.60 crore in FY2024 to ₹29.36 crore in FY2025 and ₹32.82 crore in FY2026. PAT increased from ₹12.04 crore to ₹15.92 crore and ₹16.64 crore over the same period.
The company also improved its operating cash flow significantly. Operating cash flow was approximately ₹3.43 crore in FY2024, ₹26.77 crore in FY2025 and ₹35.03 crore in FY2026.
Om Galaxy Financial Summary
Amount in ₹ Crore
| Financial Year | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Revenue from Operations | 124.00 | 112.66 | 104.56 |
| EBITDA | 32.82 | 29.36 | 24.60 |
| PAT | 16.64 | 15.92 | 12.04 |
| Total Assets | 175.31 | 142.81 | 117.49 |
| Net Worth | 80.90 | 66.01 | 49.89 |
| Reserves & Surplus | 69.79 | 62.93 | 47.30 |
| Total Borrowings | 37.78 | 25.13 | 32.06 |
| Operating Cash Flow | 35.03 | 26.77 | 3.43 |
The FY2026 financial figures reflect the latest reported consolidated financial information available for the RHP period.
Om Galaxy IPO Key Performance Indicators
| KPI | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| EPS | ₹7.20 | ₹6.89 | ₹5.38 |
| ROE | 22.13% | 26.82% | 28.26% |
| ROCE | 20.39% | 25.11% | 21.57% |
| EBITDA Margin | 26.33% | 25.95% | 23.40% |
| PAT Margin | 13.42% | 14.13% | 11.51% |
| Debt-to-Equity | 0.45x | 0.38x | 0.64x |
| Net Working Capital Days | 88 days | 121 days | 141 days |
The company improved EBITDA margins and working-capital efficiency, although ROE and ROCE declined in FY2026 as capital employed increased.
Objects of the Om Galaxy IPO
The company proposes to utilise the net proceeds of the IPO for the following purposes:
- ₹74.66 crore towards capital expenditure for setting up a new manufacturing unit.
- Consolidation of existing manufacturing facilities.
- Expansion of production capacities.
- Up to ₹14 crore towards repayment or pre-payment of certain outstanding borrowings.
- Remaining proceeds towards general corporate purposes, subject to applicable limits.
The total estimated project cost for the proposed new manufacturing facility is approximately ₹100.32 crore. The project is intended to consolidate existing operations, increase capacity and improve operating efficiency.
Om Galaxy IPO Listing Performance
| Particulars | Details |
|---|---|
| IPO Price Band | ₹85 – ₹90 |
| Listing Exchange | BSE SME |
| Listing Date | 18 September 2026 |
| Issue Price | To be finalised within the ₹85–₹90 band |
| Listing Price | To be updated after listing |
| Listing Gain/Loss | To be updated after listing |
| Opening Price | To be updated after listing |
| Closing Price on Listing Day | To be updated after listing |
| Current Market Price | To be updated after listing |
The listing is scheduled for 18 September 2026. Actual listing price and listing-day performance can only be confirmed after trading begins.
Om Galaxy IPO Subscription Status
| Category | Subscription |
|---|---|
| QIB | To be updated |
| NII | To be updated |
| Retail | To be updated |
| Total | To be updated |
The Om Galaxy IPO will open for subscription on 10 September 2026 and close on 15 September 2026. Live subscription figures will be updated during the bidding period.
Om Galaxy IPO Review
Om Galaxy Limited operates in the precision engineering and mould manufacturing industry and has built a business around pipe fitting moulds, industrial moulds, automotive moulds and Hot Runner Systems. The company’s long operating history, integrated manufacturing capabilities and growing order book are important positives.
The company recorded ₹124 crore of revenue from operations and ₹16.64 crore of PAT in FY2026. EBITDA margin improved to 26.33%, while operating cash flow reached ₹35.03 crore. Working-capital days also improved considerably from 141 days in FY2024 to 88 days in FY2026.
A major feature of the IPO is that it is entirely a fresh issue. There is no promoter OFS, meaning the proceeds are intended to enter the company and support its expansion plans. A substantial portion of the proceeds is earmarked for a new manufacturing facility, while up to ₹14 crore is planned for debt repayment.
At the upper price band of ₹90, the FY2026 EPS of ₹7.20 implies a historical P/E of approximately 12.50x. The company has stated that there are no directly comparable listed Indian companies in terms of business activities, size and scale, so peer-based valuation comparisons should be treated cautiously.
The key concerns include customer concentration, dependence on pipe fitting moulds, increased debt and capital expenditure, execution risk related to the new manufacturing facility and the early-stage WONDRA consumer-products business.
Overall, Om Galaxy IPO combines a growing manufacturing business with a large capacity-expansion plan. Investors should evaluate the issue based on the final valuation, order-book conversion, facility execution, customer concentration and SME-market liquidity.
Om Galaxy IPO Strengths
- Approximately 17 years of experience in precision mould manufacturing.
- Integrated capabilities covering mould design, machining, assembly and mould trials.
- Presence across pipe fitting, industrial and automotive moulds.
- In-house Hot Runner System manufacturing capability.
- Seven manufacturing units across Maharashtra, including subsidiaries.
- Consolidated order book of ₹94.42 crore as of 15 August 2026.
- FY2026 revenue from operations of ₹124 crore.
- FY2026 EBITDA of ₹32.82 crore.
- FY2026 PAT of ₹16.64 crore.
- EBITDA margin improved to 26.33% in FY2026.
- Operating cash flow improved to ₹35.03 crore in FY2026.
- Working-capital days declined from 141 days to 88 days between FY2024 and FY2026.
- IPO is entirely a fresh issue with no OFS.
- Major portion of IPO proceeds is earmarked for manufacturing expansion.
- Up to ₹14 crore can be used for debt repayment.
- Export presence across North America, Asia and Africa.
Om Galaxy IPO Risk Factors
- Pipe fitting moulds contributed approximately 73.62% of FY2026 revenue, creating product concentration.
- The company’s top 10 customers contributed approximately 73% of revenue in FY2026.
- The company does not have long-term binding contracts with all major customers.
- Demand is linked to construction, plastics, automotive and industrial sectors.
- Significant capital expenditure is required for the proposed new manufacturing facility.
- Execution delays could affect the company’s planned capacity expansion.
- Existing and proposed manufacturing operations are concentrated in Maharashtra.
- Total borrowings increased from ₹25.13 crore in FY2025 to approximately ₹37.78 crore in FY2026.
- WONDRA is a relatively new consumer-products business and reported an EBITDA loss in FY2026.
- Customer and supplier concentration can affect operating stability.
- The company remains exposed to raw-material, labour, energy and manufacturing costs.
- SME-listed shares can experience lower liquidity and higher price volatility.
- The fresh issue will materially increase the company’s post-issue share capital, resulting in dilution of existing shareholders.
- The new facility involves construction, commissioning and relocation of existing machinery, creating execution risks.
- Changes in demand in downstream industries can affect order inflows and capacity utilisation.
- Historical financial and secretarial compliance matters disclosed in the offer documents should also be considered by investors.
Om Galaxy IPO Promoters
The promoters of Om Galaxy Limited are Opindersingh Bachattarsingh Baddhan, Jyothish Rajamohanan Nambiar, Sathyapalan Ayadathil Poyil, Gagandeep Opinder Singh Baddhan and Meena O Baddhan.
| Promoter | Pre-Issue Holding | Post-Issue Holding |
|---|---|---|
| Opindersingh Bachattarsingh Baddhan | Promoter | To be updated |
| Jyothish Rajamohanan Nambiar | Promoter | To be updated |
| Sathyapalan Ayadathil Poyil | Promoter | To be updated |
| Gagandeep Opinder Singh Baddhan | Promoter | To be updated |
| Meena O Baddhan | Promoter | To be updated |
| Total Promoter Group | 100% | Approximately 65.6% at full issue size |
The promoters collectively held almost the entire pre-issue share capital, with substantial dilution expected after the fresh issue.
Om Galaxy Management Team
| Name | Designation |
|---|---|
| Opindersingh Bachattarsingh Baddhan | Chairman & Managing Director |
| Jyothish Rajamohanan Nambiar | Director |
| Sathyapalan Ayadathil Poyil | Director |
| Gagandeep Opinder Singh Baddhan | Director |
| Dinesh Kumar Sharma | Independent Director |
| Bhakti Chirag Bagadia | Independent Director |
| Bhavin Deepak Bhuta | Independent Director |
| Priya Ashwini Gupta | Company Secretary & Compliance Officer |
| Umesh Ramkumar Pareek | Additional Director |
| Dinesh Kumar Sharma | Independent Director |
| Bhakti Chirag Bagadia | Independent Director |
The company’s offer-document information identifies Opindersingh Bachattarsingh Baddhan as Chairman & Managing Director and Priya Ashwini Gupta as Company Secretary & Compliance Officer.
Om Galaxy IPO Registrar Details
| Particulars | Details |
|---|---|
| Registrar | Bigshare Services Private Limited |
| Address | 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai – 400059 |
| Telephone | +91 22 6263 8200 |
| [email protected] | |
| IPO Status | Bigshare IPO Status |
| Website | Bigshare Services |
Bigshare Services Private Limited is the registrar to the Om Galaxy IPO.
Om Galaxy IPO Lead Manager Details
| Particulars | Details |
|---|---|
| Lead Manager | Indorient Financial Services Limited |
| Address | B/805, Rustomjee Central Park, Andheri Kurla Road, Chakala, Mumbai – 400093, Maharashtra |
| Telephone | +91 79772 12186 |
| [email protected] | |
| SEBI Registration No. | INM000012661 |
| Website | Indorient Financial Services Limited |
Indorient Financial Services Limited is the Book Running Lead Manager for the Om Galaxy IPO. The latest offer-document section on the lead manager’s website also lists the Om Galaxy RHP.
Om Galaxy Company Contact Details
| Particulars | Details |
|---|---|
| Company | Om Galaxy Limited |
| CIN | U33127MH2008PLC187382 |
| Registered & Corporate Office | 4/5/6, Blue Chip No. 5, Industrial Estate, Sativali Road, Village Valiv, Vasai, Thane, Maharashtra – 401208 |
| Phone | +91 77700 17943 |
| [email protected] | |
| Website | Om Galaxy Limited |
The company’s registered and corporate office and contact details are identified in the IPO documentation.
How to Check Om Galaxy IPO Allotment Status
The Om Galaxy IPO allotment is scheduled for 16 September 2026. Investors can check their allotment status after the basis of allotment is finalised.
Check Through Registrar
- Visit the Bigshare IPO Status page.
- Select Om Galaxy Limited from the available issue list.
- Select the relevant identification method.
- Enter PAN, application number or DP/Client ID as applicable.
- Submit the details.
- The allotment status will be displayed if shares have been allotted.
Check Through Stock Exchange
Investors may also check allotment-related information through the BSE platform after the allotment process is completed.
Om Galaxy IPO Conclusion
Om Galaxy IPO is a BSE SME book-built issue comprising up to 1,16,67,200 fresh equity shares at a price band of ₹85 to ₹90 per share. The issue is scheduled to open on 10 September 2026 and close on 15 September 2026, with listing scheduled for 18 September 2026.
The company has an established operating history in precision mould manufacturing and has expanded into automotive moulds, Hot Runner Systems and household cleaning products. Its FY2026 financial performance shows ₹124 crore revenue from operations, ₹32.82 crore EBITDA and ₹16.64 crore PAT.
The IPO’s major attraction is the planned investment in a new manufacturing facility, supported by a sizeable order book and improving operating margins. However, investors should carefully consider customer concentration, dependence on pipe fitting moulds, debt levels, execution risks associated with the new facility and the liquidity risks associated with SME-listed shares.
The IPO should therefore be evaluated using the final offer document, valuation at the selected price, subscription data and the company’s ability to execute its planned expansion.
Om Galaxy IPO FAQs
What is Om Galaxy IPO?
Om Galaxy IPO is a book-built SME IPO of Om Galaxy Limited. The company is engaged in precision mould manufacturing, automotive moulds, Hot Runner Systems and cleaning products. The issue will be listed on BSE SME.
What is Om Galaxy IPO price band?
The Om Galaxy IPO price band is ₹85 to ₹90 per equity share.
What is Om Galaxy IPO lot size?
The Om Galaxy IPO lot size is 1,600 shares. The minimum individual application is two lots, or 3,200 shares.
What is the minimum investment in Om Galaxy IPO?
At the upper price band of ₹90, the minimum application of 3,200 shares requires ₹2,88,000.
When will Om Galaxy IPO open?
Om Galaxy IPO will open for subscription on 10 September 2026.
When will Om Galaxy IPO close?
The IPO will close on 15 September 2026.
What is Om Galaxy IPO allotment date?
The basis of allotment is scheduled for 16 September 2026.
What is Om Galaxy IPO listing date?
The Om Galaxy IPO is scheduled to list on BSE SME on 18 September 2026.
What is Om Galaxy IPO GMP?
The currently reported GMP is ₹0 on some unofficial tracking platforms. GMP is an unregulated market indicator and is not an official company or exchange figure. It can change before listing and should not be treated as a guaranteed listing gain.
Who is the registrar of Om Galaxy IPO?
Bigshare Services Private Limited is the registrar of the Om Galaxy IPO.
Who is the lead manager of Om Galaxy IPO?
Indorient Financial Services Limited is the Book Running Lead Manager of the Om Galaxy IPO.
Is Om Galaxy IPO a fresh issue or OFS?
The Om Galaxy IPO is entirely a fresh issue. There is no Offer for Sale. The latest RHP provides for up to 1,16,67,200 fresh equity shares.
