Om Power Transmission IPO Day 3: Check GMP, Subscription Status & Key Highlights
Om Power Transmission IPO enters its last day of bidding today on April 13, 2026. The Company launched its Initial Public Subscription (IPO) on April 09, 2026 with an issue size of ₹150.06 crores. Om Power Transmission Ltd operates as an engineering, procurement, and construction (EPC) firm, focusing on developing power transmission infrastructure. Its work spans high-voltage (HV) and extra-high-voltage (EHV) transmission lines, substations, as well as underground cabling projects.
The IPO allotment is likely to be completed on April 15, 2026. Following this, the shares are scheduled to be listed on both the NSE and BSE, with a tentative listing date of April 17, 2026.
Om Power Transmission IPO - Issue Details
Om Power Transmission IPO is a book-building issue of ₹150.06 crores. 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. The IPO price band has been fixed at ₹166-₹175 per share, and the minimum lot size for an application is 85 shares. The minimum investment required for a retail individual investor is ₹14,110.
Beeline Capital Advisors Private Limited is the book-running lead manager of the issue, and MUFG Intime India Private Limited (formerly Link Intime India Private Limited) is the registrar.
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Om Power Transmission IPO Day 3 Subscription Status
[April 13, 2026, 11:18 AM]
On Day 3, Om Power Transmission IPO saw a subscription of 0.85 times as per the NSE data on April 13, 2026, 11:18 a.m. The public issue was subscribed to 0.79 times by Retail Individual Investors (RIIs), 0.54 times by Non-Institutional Investors (NIIs), and 1.18 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 ₹2.
About Om Power Transmission Ltd
Om Power Transmission Limited, incorporated in 2011 and based in Ahmedabad, Gujarat, is an EPC (engineering, procurement, and construction) company focused on building power transmission infrastructure. The company undertakes projects involving high-voltage (HV) and extra-high voltage (EHV) transmission lines, substations, and underground cabling. It offers comprehensive, end-to-end solutions covering engineering, procurement, installation, testing, commissioning, and ongoing operations and maintenance, catering to both utility providers and industrial clients across India.
On the financial front, the company has recorded strong growth over the past few years. Its revenue rose from nearly ₹120 crore in FY23 to ₹182.76 crore in FY24 and further to about ₹279.43 crore in FY25, supported by increased project execution. Profitability has also improved, with profit after tax growing from around ₹6–7 crore in FY23 to ₹7.41 crore in FY24 and surging to approximately ₹22.08 crore in FY25.
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