Om Power Transmission IPO Day 2: Check GMP, Subscription Status & Key Highlights
Om Power Transmission IPO enters its second day of bidding today, on April 10, 2026 after seeing active participation for Day 1 from the Retail Individual Investors (RIIs) and Qualified Institutional Buyers (QIBs). The bidding window will remain open till April 13, 2026, for public subscription.
The allotment process for Om Power Transmission IPO is expected to be finalised on April 15, 2026, and the shares will be listed on both NSE and BSE. The tentative listing date is fixed as April 17, 2026. Om Power Transmission Ltd is engaged in power transmission infrastructure projects, including high-voltage (HV) and extra-high-voltage (EHV) transmission lines, substations, and underground cabling.
Om Power Transmission IPO - Issue Details
- Issue Type: Om Power Transmission IPO is a book-building issue of ₹150.06 crores.
- Issue Size: The issue comprises a fresh issue of 0.76 crore shares aggregating to ₹132.56 crore and an offer for sale (OFS) of 0.10 crore shares aggregating to ₹17.50 crore.
- Price Band: The IPO price band has been fixed at ₹166-₹175 per share
- Lot Size: The minimum lot size for an application is 85 shares.
- Minimum Investment: The minimum investment required for a retail individual investor is ₹14,110.
- Lead Managers: Beeline Capital Advisors Private Limited is the book-running lead manager of the issue.
- Registrar: MUFG Intime India Private Limited (formerly Link Intime India Private Limited) is the registrar.
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Om Power Transmission IPO Day 2 Subscription Status
[April 10, 2026, 11:27 AM]
On Day 2, Om Power Transmission IPO saw a subscription of 0.47 times as per the NSE data on April 10, 2026, 11:27 a.m. The public issue was subscribed to 0.43 times by Retail Individual Investors (RIIs), 0.15 times by Non-Institutional Investors (NIIs), and 0.78 times by Qualified Institutional Buyers (QIBs).
Utilisation of Proceeds
The Company will utilise the net proceeds from the fresh issue towards the following purposes:
- Funding of capital expenditure requirements of our Company towards the purchase of machinery and equipment.
- Pre-payment/ re-payment, in part or in full, of certain outstanding borrowings availed by our Company.
- Funding the long-term working capital requirements of our Company.
- General Corporate Purposes.
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Om Power Transmission Ltd GMP
As per media reports, the Grey Market Premium (GMP) of Om Power Transmission Ltd is reported at ₹3.5.
About Om Power Transmission Ltd
Om Power Transmission Limited is a Gujarat-based engineering, procurement, and construction (EPC) company engaged in the development of power transmission infrastructure. Incorporated in 2011 and headquartered in Ahmedabad, the company specialises in executing projects related to high-voltage (HV) and extra-high voltage (EHV) transmission lines, substations, and underground cabling systems. It provides end-to-end services across the EPC lifecycle, including engineering, supply, installation, testing, commissioning, and operations & maintenance. The company has developed capabilities to handle turnkey power projects and serves utilities and industrial clients, contributing to India’s electricity transmission network.
Financially, Om Power Transmission Limited has demonstrated strong growth in recent years. The company’s revenue increased from around ₹120 crore in FY23 to ₹182.76 crore in FY24 and further to approximately ₹279.43 crore in FY25, driven by higher project execution. Profitability has also improved significantly, with profit after tax rising from about ₹6–7 crore in FY23 to ₹7.41 crore in FY24 and sharply to around ₹22.08 crore in FY25.
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