Om Power Transmission Ltd., a power transmission infrastructure EPC player, is set to launch its initial public offering (IPO) on Thursday, April 9. The IPO bidding will close on April 13, with shares offered in a price band of Rs 166–Rs 175 apiece.
The issue comprises a fresh equity raise of Rs 132.56 crore along with an offer for sale (OFS) of shares worth Rs 17.50 crore. Through the OFS, promoters Kalpesh Dhanjibhai Patel, Kanubhai Patel and Vasantkumar Narayanbhai Patel will pare their holdings.
Investors can bid for a minimum of 85 shares. Of the net offer, 50% has been earmarked for qualified institutional buyers (QIBs), 35% for retail investors and the remaining 15% for non-institutional investors (NIIs). The allotment of shares is expected to be finalised on April 15, with successful applicants receiving shares in their demat accounts on April 16.
Om Power Transmission will list on the NSE and BSE on April 17.
Om Power Transmission IPO Day One Subscription Status
The Om Power Transmission IPO has been booked 20% as of 11:41 a.m.
Qualified Institutional Buyers: 0.4 times
Non Institutional Investors: 0.3 times
Retail Individual Investors: 0.16 times
Employee Reserved: 0
Om Power Transmission IPO
ALSO READ: Om Power Transmission IPO: Rs 150 Crore Issue Opens; Shares Trading At 4% Premium In Grey Market
IPO GMP
The grey market premium (GMP) for Om Power Transmission IPO is Rs 3.5, updated as of April 9, 2026, 10:53 a.m. With a price band of Rs 175, the estimated listing price is Rs 178.5, indicating a potential gain of 2% per share.
Note: GMP does not represent official data and is based on speculation.
Om Power Transmission Financials
The fresh issue proceeds will be used for capital expenditure needs for purchase of machinery and equipment, repayment of debt. long term working capital requirements and general corporate purposes.
About The Company
Ahmedabad-based Om Power Transmission is a power transmission infrastructure engineering, procurement, and construction company. It holds a specialisation in the execution of extra-high-voltage and high-voltage transmission lines, substations and underground cabling projects on a turnkey basis.
Since the start of operations in 2011, the company has commissioned transmission lines, substations, and underground cables, covering over 1,000 circuit kilometres of transmission lines and 11 substations in Gujarat, according to the IPO prospectus.
As of December 2025, the unexecuted order book comprised 58 projects amounting to Rs 744.6 crore, including 51 EPC projects and seven operation and maintenance contracts, while it operates and maintain 124 substations.
ALSO READ: Om Power Transmission IPO Opens This Week: Check Price Band, Key Dates, Other Details
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