The Om Power IPO is a Mainboard public offering through which Om Power Transmission Limited plans to raise capital from the primary market. The company operates in India’s power infrastructure sector and provides engineering, procurement, and construction (EPC) solutions for electricity transmission projects. Its work includes the construction of transmission lines, substations, and other electrical infrastructure required for power distribution networks.
The company undertakes turnkey projects for government organizations, public sector enterprises, and private sector clients. From project planning and engineering to procurement, installation, testing, and commissioning, it manages multiple stages of power transmission infrastructure development. Its execution capabilities and technical expertise have enabled it to participate in projects across different regions of the country.
India’s growing electricity demand, expansion of renewable energy capacity, and continuous investment in transmission infrastructure have created opportunities for companies involved in the power transmission business. As new transmission networks are developed and existing infrastructure is upgraded, experienced EPC contractors may benefit from increased project opportunities. However, business performance also depends on factors such as project execution, order inflow, raw material costs, and timely completion of contracts.
The Om Power IPO has been introduced to support the company’s future growth plans and strengthen its financial position. Before investing, investors should evaluate the company’s business model, financial performance, order book, industry outlook, competitive position, and potential risks. This article provides a detailed review of the Om Power IPO, including IPO details, important dates, reservation, lot size, financial information, objectives of the issue, GMP, subscription status, strengths, risk factors, allotment process, listing details, and frequently asked questions.
Om Power IPO Details
The Om Power IPO is a Book Built Mainboard issue comprising a fresh issue of equity shares along with an offer for sale by existing shareholders. While the fresh issue will help the company raise capital for its planned objectives, the offer for sale enables certain existing shareholders to partially reduce their shareholding.
| IPO Details | Information |
|---|---|
| IPO Name | Om Power IPO |
| Company Name | Om Power Transmission Limited |
| IPO Type | Book Built Issue |
| Category | Mainboard IPO |
| Face Value | ₹10 Per Share |
| Price Band | ₹166 to ₹175 Per Share |
| Issue Size | ₹150.06 Crore |
| Fresh Issue | 75,75,000 Equity Shares |
| Offer for Sale | 10,00,000 Equity Shares |
| IPO Open Date | 9 April 2026 |
| IPO Close Date | 13 April 2026 |
| Basis of Allotment | 15 April 2026 |
| Refund Initiation | 16 April 2026 |
| Shares Credited to Demat | 16 April 2026 |
| Listing Date | 17 April 2026 |
| Listing Exchange | BSE & NSE |
| Lot Size | 85 Shares |
| Minimum Investment | ₹14,875 |
| Registrar | MUFG Intime India Private Limited |
The IPO follows the book-building process, allowing investors to place bids within the specified price band during the subscription period. After the issue closes, the registrar finalizes the allotment, successful applicants receive shares in their demat accounts, and the company’s shares are listed on the stock exchanges for trading.
Om Power IPO Dates
The Om Power IPO follows a fixed schedule that allows investors to complete the application process, monitor allotment, and track the listing of shares. After the subscription period ends, the registrar completes the allotment process, refunds are initiated for unsuccessful applicants, shares are credited to successful investors’ demat accounts, and the company is listed on the stock exchanges.
| IPO Event | Date |
|---|---|
| IPO Opening Date | 9 April 2026 |
| IPO Closing Date | 13 April 2026 |
| Basis of Allotment | 15 April 2026 |
| Refund Initiation | 16 April 2026 |
| Shares Credited to Demat Account | 16 April 2026 |
| Listing Date | 17 April 2026 |
Investors should keep track of these dates to check their allotment status, monitor refunds if applicable, and follow the company’s listing on the stock exchanges.
Om Power IPO Reservation
The Om Power IPO has reserved shares for different categories of investors in accordance with SEBI regulations. This allocation structure is intended to ensure balanced participation from institutional investors, non-institutional investors, and retail investors.
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not More Than 50% |
| Non-Institutional Investors (NII) | Not Less Than 15% |
| Retail Individual Investors (RII) | Not Less Than 35% |
The final allotment in each category depends on the number of valid bids received during the subscription period.
Om Power IPO Lot Size
The minimum application for the Om Power IPO is one lot consisting of 85 equity shares. Retail investors may apply for additional lots in multiples of the prescribed lot size, subject to the applicable investment limits.
| Application | Shares | Amount |
|---|---|---|
| Minimum Application | 85 Shares | ₹14,875 |
| 2 Lots | 170 Shares | ₹29,750 |
| 3 Lots | 255 Shares | ₹44,625 |
| 4 Lots | 340 Shares | ₹59,500 |
| 5 Lots | 425 Shares | ₹74,375 |
| 6 Lots | 510 Shares | ₹89,250 |
| 7 Lots | 595 Shares | ₹1,04,125 |
| 8 Lots | 680 Shares | ₹1,19,000 |
| 9 Lots | 765 Shares | ₹1,33,875 |
| 10 Lots | 850 Shares | ₹1,48,750 |
| 13 Lots (Retail Max) | 1,105 Shares | ₹1,93,375 |
Applicants should ensure that sufficient funds are available in their bank account before submitting the IPO application through the ASBA process.
About Om Power IPO
Om Power Transmission Limited is an engineering, procurement, and construction (EPC) company engaged in developing power transmission infrastructure across India. The company undertakes projects involving transmission lines, substations, switchyards, underground cabling, and related electrical systems that support the country’s growing power network.
Its operations cover the complete execution cycle of infrastructure projects, including engineering design, procurement of materials, construction, installation, testing, commissioning, and project handover. This integrated approach enables the company to manage projects efficiently while maintaining quality and safety standards.
The company serves a diversified customer base that includes government departments, public sector undertakings, power utilities, and private sector organizations. Its project execution capabilities are supported by technical expertise, experienced professionals, and established relationships with suppliers and contractors.
India’s increasing electricity demand, rapid urbanization, industrial growth, and expansion of renewable energy capacity continue to drive investments in transmission infrastructure. These developments create opportunities for EPC companies involved in power transmission projects, although business performance remains dependent on project execution, timely completion, competitive bidding, and effective cost management.
The Om Power IPO has been launched to support the company’s future expansion plans and strengthen its financial position. Investors considering the IPO should evaluate the company’s order book, execution capabilities, financial performance, industry outlook, and long-term growth prospects before making an investment decision.
Om Power IPO Financial Information
The financial performance of a company plays an important role in evaluating its long-term growth potential. Investors generally review revenue growth, profitability, net worth, operating cash flows, and margins to understand whether the business has maintained consistent operational performance over the years.
Om Power Transmission Limited generates its revenue primarily through engineering, procurement, and construction (EPC) contracts related to power transmission infrastructure. The company’s financial performance is influenced by project execution, order inflow, completion schedules, raw material costs, and overall demand for power infrastructure projects.
| Particulars | FY2023 | FY2024 | 9M FY2025 |
|---|---|---|---|
| Revenue from Operations | ₹482.17 Crore | ₹608.34 Crore | ₹526.81 Crore |
| Total Income | ₹486.02 Crore | ₹612.59 Crore | ₹529.46 Crore |
| Profit After Tax | ₹24.68 Crore | ₹39.74 Crore | ₹39.23 Crore |
| Net Worth | ₹103.84 Crore | ₹143.52 Crore | ₹182.75 Crore |
| Total Borrowings | ₹117.61 Crore | ₹134.96 Crore | ₹142.43 Crore |
The company has reported growth in revenue and profitability during the reported financial periods. However, investors should evaluate these financial figures along with the company’s order book, working capital requirements, debt levels, and execution capability before making an investment decision.
Om Power IPO Key Performance Indicators (KPIs)
Key Performance Indicators (KPIs) help investors understand the company’s financial efficiency, valuation, and operational performance. These metrics should be considered together rather than individually while evaluating the IPO.
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 27.69% |
| Return on Capital Employed (ROCE) | 25.84% |
| EBITDA Margin | 12.61% |
| PAT Margin | 6.48% |
| Debt-to-Equity Ratio | 0.78 |
| Earnings Per Share (EPS) (Pre-IPO) | ₹13.54 |
| Net Asset Value (NAV) Per Share | ₹49.41 |
| Price to Book Value (P/BV) | 3.54x |
These indicators provide a snapshot of the company’s financial position and operational efficiency. Investors should compare these metrics with industry peers and consider future growth prospects before making an investment decision.
Objects of the Om Power IPO
The Om Power IPO has been launched to support the company’s expansion strategy and strengthen its financial position. The proceeds from the fresh issue are proposed to be utilized for business purposes that support future growth and improve operational capabilities.
The principal objects of the issue include:
- Funding the company’s working capital requirements to support the execution of ongoing and future projects.
- Repayment or prepayment of certain outstanding borrowings to improve the capital structure.
- Investment in capital expenditure and business expansion initiatives.
- Meeting general corporate purposes.
- Strengthening the overall financial position to support future business growth.
The planned utilization of the issue proceeds is expected to improve the company’s operational flexibility and financial strength. Investors should evaluate these objectives together with the company’s financial performance, order book, project execution capabilities, and industry outlook before deciding whether the Om Power IPO aligns with their investment objectives.
Om Power IPO GMP Review
The Grey Market Premium (GMP) is an unofficial indicator that reflects the demand for an IPO before its shares are listed on the stock exchanges. It is based on transactions taking place in the unofficial market and may fluctuate daily depending on investor sentiment, market conditions, and subscription demand.
Although many investors monitor the GMP to estimate the possible listing performance, it should not be treated as a guaranteed indicator of listing gains. The actual listing price depends on several factors, including the level of subscription, prevailing stock market conditions, institutional participation, and overall investor confidence on the listing day.
Long-term investors should focus more on the company’s business model, financial performance, order book, project execution capabilities, and future growth prospects rather than relying solely on grey market movements while making an investment decision.
Om Power IPO Subscription Status
The subscription status reflects the level of investor participation received during the bidding period. A strong subscription usually indicates healthy demand for the issue, but investors should also evaluate the company’s fundamentals before making an investment decision.
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers (QIB) | 38.42x |
| Non-Institutional Investors (NII) | 112.87x |
| Retail Individual Investors (RII) | 28.64x |
| Employee Category | 5.11x |
| Total Subscription | 52.96x |
The Om Power IPO received an encouraging response across most investor categories. The Non-Institutional Investor (NII) portion recorded the highest demand, while Qualified Institutional Buyers (QIBs) and Retail Individual Investors (RIIs) also subscribed the issue multiple times, reflecting broad-based investor participation.
Om Power IPO Review
The Om Power IPO offers investors an opportunity to invest in a company operating in India’s expanding power transmission infrastructure sector. The company has built its business around engineering, procurement, and construction (EPC) services for transmission lines, substations, and related electrical infrastructure projects.
One of the company’s notable strengths is its experience in executing turnkey projects for government agencies, public sector undertakings, and private clients. Its diversified project portfolio and technical capabilities help it participate in large infrastructure projects across different regions.
The long-term outlook for the power transmission industry remains positive due to rising electricity demand, renewable energy integration, and continued investment in transmission infrastructure. However, future business performance will depend on the company’s ability to secure new contracts, complete projects on schedule, maintain profitability, and manage working capital efficiently.
Overall, the Om Power IPO may be considered by investors seeking exposure to the infrastructure and power transmission sector. However, investors should carefully evaluate the company’s financial performance, order book, competitive position, industry outlook, and associated risks before making an investment decision.
Om Power IPO Strengths
The company has established its presence in the power transmission EPC industry through project execution capabilities and long-standing relationships with customers. Several business strengths may support its future growth.
- Established EPC Expertise – The company has experience in executing engineering, procurement, and construction projects for power transmission infrastructure across multiple locations.
- Diversified Customer Base – It serves government organizations, public sector undertakings, and private sector clients, reducing dependence on a single customer.
- Healthy Order Book – A strong pipeline of ongoing and upcoming projects provides revenue visibility for future periods.
- Growing Financial Performance – The company has reported growth in revenue and profitability over the reported financial years.
- Experienced Management Team – The management team possesses industry knowledge and project execution experience, supporting business expansion.
- Favourable Industry Outlook – Continued investments in electricity transmission infrastructure and renewable energy integration are expected to create long-term business opportunities.
Om Power IPO Risk Factors
Like every public issue, the Om Power IPO also carries certain business and industry-related risks that investors should carefully assess.
- Dependence on Government Projects – A significant portion of revenue is generated from government and public sector contracts. Delays in project approvals or payments could affect business operations.
- Project Execution Risk – Delays in project completion due to labour shortages, adverse weather conditions, supply chain disruptions, or other unforeseen circumstances may impact profitability.
- Working Capital Intensive Business – EPC projects generally require substantial working capital, and any shortage of funds may affect project execution.
- Raw Material Price Fluctuations – Changes in the prices of steel, aluminium, conductors, and other construction materials may increase project costs and impact operating margins.
- Competitive Industry – The company operates in a competitive market where pricing pressure and intense competition may affect future order inflows and profitability.
- Customer Concentration Risk – Dependence on a limited number of major customers could impact revenue if project awards decline or customer relationships change.
- Economic and Regulatory Risk – Changes in government policies, infrastructure spending, or regulatory requirements may influence the company’s future growth.
- Market Risk – Share prices after listing may fluctuate due to market volatility, investor sentiment, company performance, and broader economic conditions.
Om Power IPO Promoters
Om Power Transmission Limited is promoted by individuals who have played an important role in building and expanding the company’s operations in the power transmission EPC sector. The promoters have guided the company’s growth by focusing on project execution, operational efficiency, customer relationships, and business expansion.
Their industry experience has helped the company undertake power transmission projects across different regions while strengthening its presence in the infrastructure sector. The promoters continue to focus on improving operational performance, maintaining financial discipline, and creating long-term value for shareholders.
Om Power IPO Management Team
The company is managed by an experienced leadership team responsible for strategic planning, project execution, finance, procurement, engineering, quality control, and business development.
The management team oversees the execution of ongoing projects while identifying new business opportunities in the transmission infrastructure sector. Their responsibilities also include maintaining customer relationships, managing project timelines, controlling costs, ensuring regulatory compliance, and improving operational efficiency.
By focusing on timely project delivery and effective resource management, the management aims to support sustainable business growth while strengthening the company’s competitive position in the EPC industry.
Om Power IPO Registrar
The registrar is responsible for managing the IPO application process, finalizing the basis of allotment, processing refunds, crediting equity shares into investors’ demat accounts, and handling investor-related services after the issue closes.
| Particular | Details |
|---|---|
| Registrar | MUFG Intime India Private Limited |
| Issue Type | Mainboard IPO |
| Allotment Mode | Online |
| Listing Exchange | BSE & NSE |
Investors can check their allotment status after the basis of allotment is finalized by using their PAN, Application Number, or DP/Client ID through the registrar’s official website.
How to Check Om Power IPO Allotment Status
Investors can check the Om Power IPO allotment status after the registrar completes the allotment process by following these simple steps:
- Visit the official website of the IPO registrar.
- Select Om Power IPO from the list of available IPOs.
- Choose any one search option:
- PAN Number
- Application Number
- DP/Client ID
- Enter the required details accurately.
- Complete the verification process, if prompted.
- Click on the Submit button.
- The allotment status will be displayed on the screen.
Alternatively, investors can also check the allotment status through the official websites of BSE or NSE after the allotment process has been completed.
Om Power IPO Listing Performance
The Om Power IPO listing performance reflects the market’s initial response after the company’s shares begin trading on the stock exchanges. Listing gains or losses are influenced by several factors, including subscription levels, grey market sentiment, prevailing market conditions, sector performance, and investor confidence.
While short-term investors may focus on listing-day performance, long-term investors generally evaluate factors such as revenue growth, profitability, order book strength, project execution capability, and future business opportunities. These factors are more relevant in determining the company’s long-term growth potential than short-term market fluctuations.
Investors should therefore assess both the listing performance and the company’s long-term business fundamentals before making any investment decision.
Should You Invest in the Om Power IPO?
The Om Power IPO provides investors with an opportunity to invest in a company operating in India’s growing power transmission infrastructure sector. Increasing investments in electricity transmission networks, renewable energy integration, and grid modernization continue to create opportunities for EPC companies involved in this segment.
The company has developed expertise in executing transmission line and substation projects while serving government organizations, public sector enterprises, and private sector clients. Its growing financial performance, experienced management team, and order book provide a foundation for future business expansion.
However, investors should also consider project execution risks, dependence on infrastructure spending, fluctuations in raw material prices, working capital requirements, and competitive industry conditions. A balanced evaluation of both growth opportunities and potential risks is essential before making an investment decision.
Frequently Asked Questions (FAQs)
What is the Om Power IPO?
The Om Power IPO is a Mainboard public issue of Om Power Transmission Limited, an EPC company engaged in the power transmission infrastructure sector.
Is the Grey Market Premium a guarantee of listing gains?
No. The Grey Market Premium is an unofficial market indicator and should not be considered a guarantee of listing performance or future returns.
What is the price band of the Om Power IPO?
The IPO was offered in the price band of ₹166 to ₹175 per equity share.
What is the minimum investment required for the Om Power IPO?
Retail investors were required to apply for a minimum of 85 equity shares, amounting to ₹14,875 at the upper price band.
When did the Om Power IPO open and close?
The IPO opened on 9 April 2026 and closed on 13 April 2026.
Where will the Om Power IPO be listed?
The equity shares are proposed to be listed on both the BSE and NSE.
Who is the registrar for the Om Power IPO?
MUFG Intime India Private Limited is the official registrar for the issue.
What does Om Power Transmission Limited do?
The company provides engineering, procurement, and construction (EPC) services for power transmission infrastructure, including transmission lines, substations, and related electrical projects.
Who may consider investing in the Om Power IPO?
The IPO may be suitable for investors seeking exposure to India’s power infrastructure sector, subject to their financial objectives, investment horizon, and risk tolerance.
What should investors evaluate before investing in the Om Power IPO?
Investors should assess the company’s financial performance, order book, project execution capability, industry outlook, competitive position, valuation, and risk factors before making an investment decision.
Conclusion
The Om Power IPO offers investors an opportunity to participate in the growth of a company operating in India’s expanding power transmission infrastructure industry. With experience in executing EPC projects for transmission lines and substations, the company is positioned to benefit from increasing investments in electricity infrastructure and grid expansion.
Its growing financial performance, diversified customer base, experienced management, and healthy order pipeline support its long-term business outlook. At the same time, investors should carefully consider factors such as project execution, working capital requirements, raw material cost fluctuations, and dependence on infrastructure spending.
Before investing in the Om Power IPO, investors should review the company’s financial statements, valuation, growth strategy, and associated risks to determine whether the investment aligns with their financial goals and overall investment strategy.
