OM POWER TRANSMISSION LTD IPO: Company Review, Subscription and Allotment Updates
2026-04-08 — Company overview and issue details OM POWER TRANSMISSION LTD IPO (ABOUT THE COMPANY) OM POWER TRANSMISSION LTD – COMPANY BACKGROUND Om Power Transmission Ltd is a power transmission infrastructure EPC company. It has been…
2026-04-08 — Company overview and issue details
OM POWER TRANSMISSION LTD IPO (ABOUT THE COMPANY)
OM POWER TRANSMISSION LTD – COMPANY BACKGROUND
Om Power Transmission Ltd is a power transmission infrastructure EPC company. It has been in the business for over 14 years. It specializes in the execution of high voltage (HV) and extra high voltage (EHV) transmission lines, substations and underground cabling projects. It has 58 projects under execution currently with a total order value of ₹745 crore. Over the years, it has demonstrated strong execution skills in the EPC business and also has a strong order book with sales visibility of around 3 years.
Om Power Transmission Ltd has been promoted by Kalpesh Dhanjibhai Patel, Kanubhai Patel, and Vasantkumar Narayanbhai Patel. The IPO is a combination of a fresh issue of shares and an offer for sale (OFS). The fresh issue proceeds will be used for funding capex towards plant & machinery, repayment of loans, and funding long-term working capital. The issue is being lead-managed by Beeline Capital Advisors Private Ltd; while MUFG Intime India Private Ltd will be the registrars to the IPO.
HIGHLIGHTS OF THE IPO ISSUE OF OM POWER TRANSMISSION LTD
Here are the key highlights of the public issue of Om Power Transmission Ltd.
The IPO of will be open from April 09th, 2026 to April 13th, 2026. It has a face value of ₹10 per share and IPO price band is set in range of ₹166 to ₹175 per share.
The IPO of Om Power Transmission Ltd will be a combination of fresh issue of shares and an offer for sale (OFS) by the promoter shareholders of the company.
The fresh issue portion comprises the issue of 75,75,000 shares (75.75 lakh shares), which at the upper price band of ₹175 per share translates into ₹132.56 crore.
The offer for sale (OFS) portion comprises the sale of 10,00,000 shares (10.00 lakh shares), which at the upper price band of ₹175 per share translates into ₹17.50 crore.
As a result, the overall IPO will comprise of a fresh issue and an offer for sale of 85,75,000 shares (85.75 lakh shares), which at the upper price band of ₹175 per share translates into ₹150.06 crore, which will be the total size of the issue.
All the 3 participants in the offer for sale are the promoter shareholders of the company.
The IPO of Om Power Transmission Ltd will be listed on the NSE and the BSE on the IPO mainboard. Anchor allocation happened on April 08, 2026.
KEY DATES, INVESTOR ALLOCATION, AND LOT SIZES
Here are the key dates pertaining to the IPO of Om Power Transmission Ltd
| Event | Tentative Date |
|---|---|
| IPO Open Date | Thursday, 9 April, 2026 |
| IPO Close Date | Monday, 13 April, 2026 |
| Basis of Allotment | Wednesday, 15 April, 2026 |
| Initiation of Refunds to non-allottees | Thursday, 16 April, 2026 |
| Credit of Shares to Demat | Thursday, 16 April, 2026 |
| Listing Date on NSE and BSE | Friday, 17 April, 2026 |
Data Source: Company RHP
Investors can apply either through their existing trading account or the ASBA application can be directly logged through the internet banking account. This can only be done through the authorized list of self-certified syndicate banks (SCSB).
The table below captures the gist of the allocation to various categories.
| Investor Category | Share Allocation | % Share |
|---|---|---|
| Reservation for Employees | Nil Shares | Not Applicable |
| Anchor Allocation | 25,72,270 shares | 30.00% of total IPO size |
| QIB Shares Offered | 17,15,230 shares | 20.00% of total IPO size |
| NII (HNI) Shares Offered | 12,86,250 shares | 15.00% of total IPO size |
| Retail Shares Offered | 30,01,250 shares | 35.00% of total IPO size |
| Total Shares Offered | 85,75,000 shares | 100.00% of Total IPO size |
Data Source: Security Parameters Filing (NSE)
The anchor portion, is carved out of the QIB portion and the QIB portion available in the IPO offer has been reduced proportionately. Please note that the above shares are final and may differ marginally from the original announcement. Here is a quick look at the lot sizes applicable for the IPO of Om Power Transmission Ltd for various categories of investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 85 | ₹ 14,875 |
| Retail (Max) | 13 | 1,105 | ₹ 1,93,375 |
| S-HNI (Min) | 14 | 1,190 | ₹ 2,08,250 |
| S-HNI (Max) | 67 | 5,695 | ₹ 9,96,625 |
| B-HNI (Min) | 68 | 5,780 | ₹ 10,11,500 |
It may be noted here that for the B-HNI category and for the QIB (qualified institutional buyer) category, there are no upper limits applicable. (1 Lot = 85 shares)
FINANCIAL HIGHLIGHTS OF OM POWER TRANSMISSION LTD
The table captures the key financials of Om Power Transmission Ltd for last 3 financial years.
| Particulars | FY25 | FY24 | FY23 |
|---|---|---|---|
| Net Revenues (₹ in crore) | 279.44 | 182.76 | 120.24 |
| Sales Growth (%) | 52.90% | 52.00% | |
| Profit after Tax (₹ in crore) | 22.08 | 7.41 | 6.24 |
| PAT Margins (%) | 7.90% | 4.06% | 5.19% |
| Total Equity (₹ in crore) | 72.65 | 50.64 | 43.36 |
| Total Assets (₹ in crore) | 150.17 | 117.85 | 105.14 |
| Return on Equity (%) | 30.40% | 14.64% | 14.38% |
| Return on Assets (%) | 14.71% | 6.29% | 5.93% |
| Asset Turnover Ratio (X) | 1.86 | 1.55 | 1.14 |
| Earnings per share (₹) | 8.98 | 3.01 | 2.54 |
| EBITDA (₹ in Crore) | 35.66 | 14.47 | 11.93 |
| EBITDA Margins (%) | 12.76% | 7.92% | 9.92% |
Data Source: Company RHP filed with SEBI (FY refers to Apr-Mar period)
VALUATION METRICS OF THE OM POWER TRANSMISSION LTD IPO
At the IPO price of ₹175 per share, the indicative P/E comes to about 19.5X at the FY25 EPS of ₹8.98 per share. However, on the annualized EPS for FY26 based on 9-months data, the P/E is still lower at 14.3X. The aggressive growth in the EPS should work in favour of the company IPO price and leave a margin of safety for investors.
Apart from the valuation metrics, the company has reported steady growth in net margin and ROE over the last 3 years. Also, it brings some distinct advantages to the table like strong order book of up to 3X sales, proven execution skills in the power transmission segment, experienced promoters and consistent financial growth. Investors do have a margin of safety and can look at the stock as a long-term investment.
2026-04-08 — Anchor allocation
OM POWER TRANSMISSION LTD IPO (ANCHOR ALLOCATION 30.00%)
BRIEF ON ANCHOR ALLOCATION OF OM POWER TRANSMISSION LTD
The anchor issue of Om Power Transmission Ltd saw a strong response on 08th April 2026 with 30.00% of the IPO size absorbed by anchors. Out of 85,75,000 shares (85.75 lakh shares) on offer in the IPO, anchors picked up 25,72,270 shares (25.72 lakh shares) accounting for 30.00% of the total IPO size. The anchor allocation was made at the upper end of the price band of ₹175 per share. This includes the face value of ₹10 per share plus a share premium of ₹165 per share. Anchor bidding opened and closed on 08th April 2026.
KEY POINTS TO NOTE IN THE ANCHOR ALLOCATION PROCESS
Here are the key details pertaining to the anchor bidding of Om Power Transmission Ltd
| Bid Date | April 08, 2026 |
|---|---|
| Shares Offered | 25,72,270 shares |
| Anchor Portion Size (₹ in crore) | ₹45.01 crore |
| Anchor lock-in period end date for 50% shares (30 Days) | May 17, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | July 18, 2026 |
An anchor investor in an IPO is a qualified institutional buyer (QIB) like a foreign portfolio investor or mutual fund or insurance company or a sovereign fund which invests before the IPO is made available to the public as per SEBI regulations. It helps in price discovery.
MAJOR ANCHOR ALLOCATION INVESTORS IN OM POWER TRANSMISSION LTD
On 08th April 2026, Om Power Transmission Ltd allotted 25,72,270 shares to 4 anchor investors. The allocation was done at the upper IPO price band of ₹175 per share which resulted in overall anchor allocation of ₹45.01 crore. The anchors have absorbed 30.00% of the total issue size of ₹150.06 crore. Listed below are the Top 4 IPO anchor investors who accounted for anchor collection of ₹45.01 crores, or, 100% of the overall anchor allocation of shares, one trading day ahead of the IPO of Om Power Transmission Ltd. The IPO opens for subscription on 09th April 2026 and closes on 13th April 2026.
| Anchor Investors | No. of Shares | % of Anchor Portion | Value Allocated | |
|---|---|---|---|---|
| 01 | Craft Emerging Market Fund PCC – Citadel | 10,85,790 | 42.21% | ₹ 19.00 |
| 02 | Morgan Stanley Asia (Singapore) | 5,71,455 | 22.22% | ₹ 10.00 |
| 03 | Craft Emerging Market Fund PCC – Elite | 5,71,455 | 22.22% | ₹ 10.00 |
| 04 | Sunrise Investment Opportunities Fund | 3,43,570 | 13.35% | ₹ 6.01 |
| Grand Total | 25,72,270 | 100.00% | ₹ 45.01 |
Data Source: BSE Filings (Value Allocated is ₹ in Crore)
The detailed and comprehensive report on the anchor allocation with the mutual fund portion separated can be accessed on BSE by clicking on the link below.
Out of the 25,72,270 shares allocated to the anchors in the IPO, there was no dedicated allocation to mutual funds regulated by SEBI. Also, there was no allocation of the anchor shares to life insurance companies regulated by the IRDAI. There were essentially FPIs and AIFs that participated in the anchor allocation of Om Power Transmission Ltd.
NEXT STEPS IN OM POWER TRANSMISSION LTD IPO
Post the closure of the IPO subscription on 13th April 2026, the basis of allotment will be finalized on 15th April 2026 and the refunds will be initiated on 16th April 2026. In addition, the demat credits are expected to also happen on 16th April 2026 and the stock will list on 17th April 2026 on the NSE and the BSE. The credits to the demat account to the extent of shares allotted will happen by the close of 16th April 2026 under ISIN (INE25E901019).
2026-04-14 — Day-3 subscription update
Om Power Transmission Ltd (Day-3 Final Subscription at 3.33 times)
OM POWER TRANSMISSION LTD - IPO SUBSCRIPTION STATUS ON DAY-3
As of 7.35 pm on 13th April 2026, out of the 60.03 lakh shares on offer in the IPO (excluding anchor portion), Om Power Transmission Ltd saw bids for 199.71 lakh shares. This implies an overall subscription of 3.33X at a macro level. The granular break-up of subscriptions at close of Day-3 of the IPO of Om Power Transmission Ltd was as under:
| Employees (N.A.) | QIBs (3.65X) | HNI / NII (7.06X) | Retail (1.54X) |
|---|
The subscriptions were led by the HNI / NII Investors followed by the QIB investors and the Retail investors in that order. QIB bids and NII bids typically gather most of the momentum only on the last day, and that was partially visible in the case of this IPO too. Both the QIB and the NII bids pick up momentum on the last day since that is when the bulk HNI funding bids, corporate bids, and the bulk QIB bids come in. The company saw steady anchor participation a day ahead of the IPO opening with 30.00% of the IPO size absorbed by anchor investors. Here is the category-wise subscription. The overall subscription ratio excludes anchor portion.
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ in Crore) |
|---|---|---|---|---|
| Anchor Investors | 1.00 | 25,72,270 | 25,72,270 | 45.01 |
| Employee Quota | N.A. | 0 | 0 | 0.00 |
| QIB Investors | 3.65 | 17,15,230 | 62,55,745 | 109.48 |
| HNIs / NIIs | 7.06 | 12,86,250 | 90,84,035 | 158.97 |
| Retail Investors | 1.54 | 30,01,250 | 46,31,480 | 81.05 |
| Total | 3.33 | 60,02,730 | 1,99,71,260 | 349.50 |
Data Source: NSE / BSE (as of close of Day-3 of the IPO)
The IPO of Om Power Transmission Ltd was open up to April 13, 2026, and has closed for subscription as of the close of trading hours on April 13, 2026. The subscription ratios presented in the table above represent the final subscription numbers for each category and also for the IPO overall. Generally, the listing price of the IPO and the post-listing performance tend to get influenced by the extent of oversubscription of the IPO. However, it must also be noted that a higher subscription is not an automatic guarantee of a strong listing performance for the IPO stock. The final subscription ratio excludes anchor portion. Total bids as of the close (including anchor allocation) stood at ₹394.51 crore.
NEXT STEPS IN THE OM POWER TRANSMISSION LTD IPO
Post the closure of the IPO subscription on 13th April 2026, the basis of allotment will be finalized on 15th April 2026 and the refunds will be initiated on 16th April 2026. In addition, the demat credits are expected to also happen on 16th April 2026 and the stock will list on 17th April 2026 on the NSE and the BSE. The credits to the demat account to the extent of shares allotted will happen by the close of 16th April 2026 under ISIN (INE25E901019).
2026-04-14 — Allotment guidance and next steps
Om Power Transmission Ltd IPO (How to check allotment status)
ABOUT THE OM POWER TRANSMISSION LTD IPO
The IPO of Om Power Transmission Ltd opened on April 09th, 2026 and closed on April 13th, 2026. The overall IPO comprised of a fresh issue and an offer for sale (OFS) of 85,75,000 shares (85.75 lakh shares) worth ₹150.06 crore at the upper price band of ₹175 per share. The allotment status will be finalized by end of day (EOD) of April 15, 2026. Here is how to check your allotment status for the IPO of Om Power Transmission Ltd. You can check IPO status on the BSE website or on the NSE website or on the IPO Registrar website (MUFG Intime India Private Ltd).
CHECKING THE ALLOTMENT STATUS OF OM POWER TRANSMISSION LTD IPO ON BSE WEBSITE
This is a facility available to all mainboard IPOs, irrespective of who the registrar to the issue is. Visit the BSE link for the IPO allotment by clicking on the link below.
https://www.bseindia.com/investors/appli_check.aspx
Once you reach the page, here are the steps to follow.
Under Issue Type – Select Equity Option
Under Issue Name – Select Om Power Transmission Ltd from the drop-down box
Enter the Application Number / CAF exactly as in the acknowledgement slip OR
Enter your PAN (10-digit alphanumeric) number
Once this is done, you need to click on the Captcha to verify you are not a robot
Finally click on the Search Button
You can use either of the parameters to query; Application / CAF number or Investor PAN.
The allotment status will be displayed on the screen in front of you informing about the number of shares of Om Power Transmission Ltd allotted into your demat account. You can save a screenshot of the allotment status output for subsequently verifying with the demat account credits.
CHECKING ALLOTMENT STATUS OF OM POWER TRANSMISSION LTD IPO ON NSE WEBSITE
This is a common link for all IPOs. Click on NSE link for IPO allotment as below.
https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
Once you reach the page, here are the steps to follow.
Under Issue Type – Select Equity & SME IPO Details Option
Under SELECT SYMBOL – Select OMPOWER from the dropdown box
Enter the Application Number / CAF exactly as in the acknowledgement slip AND
Enter your PAN (10-digit alphanumeric) number
Once both are entered, click on the Submit Button
You must input the Application / CAF number and the Investor PAN.
The allotment status will be displayed on the screen in front of you informing about the number of shares of Om Power Transmission Ltd allotted into your demat account. You can save a screenshot of the allotment status output for tallying with the demat account credits.
CHECKING ALLOTMENT STATUS OF OM POWER TRANSMISSION LTD ON MUFG INTIME INDIA PRIVATE LIMITED (REGISTRAR TO THE IPO)
Here are the steps to follow. Visit the Link Intime registrar website for IPO status by clicking on the link below:
https://in.mpms.mufg.com/Initial_Offer/public-issues.html
There are 4 options available to you to access the allotment status, and you can use any of these options to query.
You can use PAN access. Enter the 10-character alphanumeric income tax permanent account number (PAN). Make it a point to verify your PAN before entering.
The second option is to use Application Number / CAF to query the allotment status in the IPO. The application / CAF number is available on the acknowledgement slip.
You can use DPID-Client ID combination. For NSDL combination is alphanumeric, while for CDSL, combination is numeric. This is available in your demat statement.
You can also query by the combination of your bank account number and IFSC number provided as the IPO mandate bank. It is available on your cheque book.
Finally, click on the SUBMIT button.
In case, you have any issues with the output, register an investor query with Link Intime India Private Ltd. You can either send an email with all requisite details and problem to ipo.helpdesk@in.mpms.mufg.com or you can call on (0)-81081-14949 for voice call.
NEXT STEPS IN THE OM POWER TRANSMISSION LTD IPO
Post the closure of the IPO subscription on 13th April 2026, the basis of allotment will be finalized on 15th April 2026 and the refunds will be initiated on 16th April 2026. In addition, the demat credits are expected to also happen on 16th April 2026 and the stock will list on 17th April 2026 on the NSE and the BSE. The credits to the demat account to the extent of shares allotted will happen by the close of 16th April 2026 under ISIN (INE25E901019).
Interested in applying for this IPO?
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