Om Galaxy Ltd

Om Galaxy Ltd IPO

Om Galaxy Ltd

₹2,72,000 /3200 sharesMinimum investment

IPO listing details

Listed on
18 Sep '26
Issue price
₹90.00
Listing price
₹90.20
Listing gains
₹0.20 (0.22%)
Exchange
--

IPO details

Minimum investment
₹2,72,000
Price range
₹85 - ₹90
Lot size
1,600
Issue size
105 Cr
Face value
5
IPO document

Subscription rate

Qualified Institutional Buyers5.37x
Non-Institutional Investor1.05x
Retail Individual Investor0.60x
Total1.99x
As of 15 Sep'26, 04:55 PM

Schedule

10 Sep 2026
IPO open date
15 Sep 2026
IPO close date
16 Sep 2026
Allotment date
16 Sep 2026
Funds unblock or debit
18 Sep 2026
Tentative listing date

About

Om Galaxy Limited designs, develops, and manufactures moulds, hot runner systems (HRS), and cleaning products. The company manufactures pipe fittings and industrial moulds for the building materials and plastics and polymer processing industries. Through its subsidiary OMG Auto Mould Private Limited, it manufactures automotive moulds for the automotive and auto components industry. In contrast, its subsidiary Infuse HRS Private Limited manufactures hot runner systems used in injection moulding processes. The company also manufactures cleaning products under the WONDRA brand, including mops, brushes, scrubbers, wipers, and brooms. Its products cater to industries such as building materials, plastics and polymer processing, automotive and auto components, and industrial and engineering applications. Om Galaxy, along with its subsidiaries, operates seven manufacturing units with a total area of 88,652.16 sq. ft. across Vasai in Palghar district and Pune, Maharashtra.;
Founded in
2008
MD/CEO
Mr Opindersingh Bachattarsingh Baddhan
Parent organisation
Om Galaxy Ltd

Om Galaxy Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
105113124202420252026

Strengths & Risks

Strengths
Risks
The company manufactures pipe fittings and industrial moulds, automotive moulds, HRS, and cleaning products, catering to multiple end-use industries. It has also diversified into cleaning products under the WONDRA brand, thereby expanding beyond its core mould manufacturing business.
The company, through its subsidiary Infuse HRS, manufactures HRS in-house, enabling it to provide integrated mould and HRS solutions. This reduces its dependence on third-party HRS suppliers and allows it to offer composite tooling solutions to customers.
The company claims to have expanded its manufacturing capabilities from moulds measuring 400–600 mm to large-scale moulds with up to 64 cavities and weighing up to 6–7 tonnes. It also claims to have multi-axis CNC machines, heavy-duty injection moulding machines, and high-tonnage presses to manufacture such moulds.
Revenue from repeat customers stood at Rs 91.69 crore, Rs 111.00 crore, and Rs 90.12 crore in FY24, FY25, and FY26, accounting for 87.70%, 98.52%, and 75.60% of the respective revenue from operations, respectively. This provides the company with a stable source of revenue from existing customers.
The company caters to industries such as building materials, plastics and polymer processing, automotive, packaging, electronics and consumer goods through its mould and HRS offerings. This provides the company with exposure to multiple end-use industries.
The company has entered the cleaning products segment under the WONDRA brand by leveraging its existing mould design and manufacturing capabilities. This provides the company with exposure to the B2C market in addition to its existing B2B operations.
The company derived Rs 87.93 crore, Rs 94.09 crore, and Rs 90.88 crore from its top 10 customers in FY24, FY25, and FY26, accounting for 84%, 84%, and 73% of revenue from operations, respectively. The company does not have long-term or exclusive arrangements with most of its customers. Any reduction in orders from, or loss of, any of its major customers could adversely affect the company’s revenue and profitability.
Purchases from the company’s top 10 suppliers accounted for 59%, 69%, and 49% of total purchases in FY24, FY25, and FY26, respectively. The company generally procures raw materials on a purchase-order basis without long-term or exclusive supply arrangements. Any disruption in the supply of raw materials from its key suppliers could adversely affect the company’s manufacturing operations and profitability.
Revenue from pipe fitting moulds stood at Rs 78.03 crore, Rs 79.48 crore, and Rs 91.29 crore in FY24, FY25 and FY26, accounting for 74.63%, 70.55%, and 73.62% of revenue from operations, respectively. If there is a decline in demand for pipe fitting moulds, that could adversely affect the company’s revenue and profitability.
The company plans to consolidate its existing four manufacturing units into a new manufacturing unit, involving significant capital expenditure and relocation of existing operations. Any delay, cost overrun, or disruption in setting up and transitioning to the new manufacturing unit could adversely affect the company’s operations and financial performance.
Capacity utilisation of the company’s mould manufacturing units stood at 79%, 85%, and 84% in FY24, FY25, and FY26, respectively, while the WONDRA manufacturing facility operated at 60% capacity utilisation in FY26. Under-utilisation of its existing or expanded manufacturing capacities in the future could adversely affect the company’s profitability.
Cost of materials consumed stood at Rs 45.54 crore, Rs 49.41 crore, and Rs 49.29 crore in FY24, FY25, and FY26, accounting for 43.55%, 43.86%, and 39.75% of revenue from operations, respectively. Any increase in raw material prices that the company is unable to pass on to its customers could adversely affect its margins and profitability.
All seven existing manufacturing units of the company and its subsidiaries are located in Maharashtra, and the proposed new manufacturing unit will also be located in the state. Due to this geographical concentration, any significant disruption in Maharashtra could adversely affect the company’s manufacturing operations and financial performance.
The company entered the B2C cleaning products segment under the WONDRA brand in FY25, while its promoters and senior management do not have a demonstrated track record in the B2C segment. The segment reported negative EBITDA of Rs 0.70 crore in FY26. Continued losses or inability to scale the WONDRA business could adversely affect the company’s consolidated profitability.
As of July 15, 2026, the company had outstanding financial indebtedness of Rs 41.79 crore. Any failure to service or repay these loans can harm the company’s operations and financial position.

Application details

For Om Galaxy IPO, eligible investors can apply as Individual investor.

Apply asPrice bandApply rangeLot size
Individual investor₹85 - ₹90₹2 - ₹5 Lakhs1600

About

Objectives of Om Galaxy IPO Proceeds

Particulars

Estimated Amount

(in ₹ Cr.)

Capital Expenditure towards setting up a new manufacturing unit for consolidation of the company’s existing manufacturing units and expansion of its production capacities,

74.66

Pre-payment/ re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the company

14.00

General corporate purposes

[.]

Total

[.]

Book Running Lead Manager & Registrar of Om Galaxy IPO

Book Running Lead Manager

Indorient Financial Services Limited

Registrar to the Issue

Bigshare Services Private Limited

Key Performance Indicators (KPIs) of Om Galaxy Ltd.

KPI

Value (for the fiscal year ended March 31, 2026)

ROE (%)

22.13

ROCE (%)

20.39

EBITDA Margin (%)

26.33

PAT Margin (%)

13.42

Debt-to-equity Ratio (times)

0.45

Return on Net Worth (RoNW) (%)

22.13

Net Asset Value (NAV) per Equity Share (₹)

35.94

EPS (Pre-IPO) (₹)

7.49

Om Galaxy IPO Contact Details

Company Name

Om Galaxy Limited

Registered Office

4/5/6 Blue Chip No 5, Industrial Estate, Sativali Road, Village Valiv, Vasai, Thane, Maharashtra -401208, India

Phone

+91 77700 17943

Email

[email protected]

Website

www.omgalaxymould.com

Om Galaxy IPO Registrar Contact Details

Company Name

Bigshare Services Private Limited

Phone

+91 22 6263 8200

Email

[email protected]

Website

www.bigshareonline.com

Frequently Asked Questions