Om Power Transmission makes modest D-Street debut; lists at 6% premium to issue price

Om Power Transmission IPO shares listed at Rs 186 apiece, translating into a premium of 6.29 per cent on debut on the NSE. On the BSE as well, the stock opened at Rs 181.10, up around 3.49 per cent from the issue price.

Om Power Transmission IPO subscription highlights

The Rs 150 crore public issue of Om Power Transmission Ltd concluded its three-day bidding process on April 13, 2026, with an overall subscription of 3.33 times, according to provisional data available on the exchanges. Investors bid for approximately 1.99 crore shares against the total number of shares offered.

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• Qualified Institutional Buyers (QIBs) booked 3.65 times, with 62.55 lakh shares bid against the 17.15 lakh shares reserved.
• Non-Institutional Investors (NIIs) subscribed 7.06 times, with 90.84 lakh shares bid against the 12.86 lakh reserved.
• Retail Individual Investors (RIIs) demand saw mild interest and booked 1.54 times the allotted shares, with 46.31 lakh shares bid.

Om Power Transmission IPO details

The Rs 150 crore IPO was a book build issue consisting of a mix of fresh issue of 0.76 crore shares (Rs 132 crore) and an offer for sale (OFS) of 0.10 crore shares (Rs 17 crore).

Om Power Transmission IPO price band and lot size

The price band for the IPO was fixed at Rs 166 to Rs 175 per share. Investors could bid in lots of 85 shares. At the upper price band of Rs 175 per share, the minimum investment required for retail investors was Rs 14,875.

Om Power Transmission IPO investor category reservation details

The IPO had reserved nearly:

• 50 per cent of the net offer for Qualified Institutional Buyers (QIBs)
• 15 per cent for Non-Institutional Investors (NIIs)
• 35 per cent for Retail Investors (RIIs)

Om Power Transmission IPO Lead Managers and Registrar

The book-running lead manager for the issue was Beeline Capital Advisors Pvt Ltd, while MUFG Intime India Pvt Ltd was appointed as the registrar.

How the company plans to use the IPO proceeds?

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.

About Om Power Transmission Limited

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).