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Om Power Transmission IPO: The Gujarat-based EPC company Om Power Transmission launched its initial public offering (IPO) on Thursday, April 9, 2026. The public issue, having a mix of fresh issue and offer for sale (OFS), will remain open for public subscription till April 13, 2026.
Here’s a detailed look at the company and its IPO: 10 key things that investor must know from the the company's RHP
The Rs 150 crore IPO comprises a mix of fresh issue of 0.76 crore shares and offer-for-sale (OFS) of 0.10 crore shares.
IPO opens: April 9, 2026
IPO closes: April 13, 2026
Allotment finalisation: Tentatively on April 15, 2026.
Listing date: Likely on April 17, 2026 on BSE and NSE
The IPO shares will be available in a price band of Rs 166 to Rs 175 per share, giving the company a market valuation of around Rs 599 crore.
Investors can bid in lots of 85 shares. At the upper price band of Rs 175 per share, the minimum investment required for retail investors is Rs 14,8725.
50 per cent reserved for Qualified Institutional Buyers (QIBs)
At least 35 per cent reserved for Retail Individual Investors (RIIs)
At least 15 per cent reserved for Non-Institutional Investors (NIIs)
Ahead of the IPO launch, the company raised around Rs 45 crore from anchor investors on April 8, 2026.
Book Running Lead Manager: Beeline Capital Advisors Pvt Ltd
Registrar of the issue: MUFG Intime India Pvt Ltd
The company intends to use the proceeds from its upcoming initial public offering (IPO) for several purposes. Some of it is planned to be used for capital expenditure to acquire machinery and equipment, while another portion is planned for pre-payment or repayment, in full or in part, of certain existing borrowings.
Others will be allocated to meet long-term working capital requirements, and the remaining funds will be used for general corporate purposes.
In case of an IPO that involves both a fresh issue and an Offer for Sale (OFS), the money raised is distributed according to the nature of the stocks – fresh issue money goes to the company for expansion/repayment purposes, while OFS money is received by the selling stakeholders only.
Om Power Transmission Limited, incorporated in June 2011, is a power transmission infrastructure company engaged in engineering, procurement, and construction (EPC) projects.
The company has over 14 years of experience in executing high-voltage (HV) and extra-high voltage (EHV) transmission lines, substations, and underground cabling projects on a turnkey basis.
Its services cover the full project cycle, including design, engineering, supply, erection, installation, testing, commissioning, and operation and maintenance (O&M).