Om Galaxy IPO GMP & Allotment
Om Galaxy manufactures and supplies pipe fitting moulds, industrial moulds, automotive moulds, and hot runner systems for the building materials, plastics, polymer processing, and engineering industries. The company operates seven manufacturing units located in Maharashtra. A significant portion of its revenue is derived from the pipe fittings mould business, while it also serves the automotive sector through its subsidiary and manufactures hot runner systems. Recently, the company diversified its operations by forward integrating into the business-to-consumer segment with the launch of cleaning products under the WONDRA brand. The business model involves receiving an advance amount from customers upon approval of design specifications, with final payments collected after the completion and handover of the custom moulds. The company procures high-grade steel from domestic suppliers and relies on third-party logistics for product delivery.
- IPO Price Band
- ₹85.00 - ₹90.00
- Lot Size
- 1,600 Shares
- Bidding Closes
- 15 Sept 2026
- Listing Date
- 18 Sept 2026
Complete IPO information
| IPO Open Date | 10 Sept 2026 |
|---|---|
| IPO Close Date | 15 Sept 2026 |
| IPO Price Band | ₹85.00 - ₹90.00 |
| Lot Size | 1,600 Shares |
| Current GMP | ₹0 |
| Estimated Listing Gain | +0.00% |
| Issue Size | Approx ₹105 Cr |
| Fresh Issue | Approx ₹105 Cr |
| Issue Type | SME |
| IPO Listing | BSE SME |
| Retail Quota | TBA |
| Registrar | Bigshare Services Pvt. Ltd. |
| Overall Subscription | 2x |
| Minimum Investment | ₹2,88,000 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 22.16 | 118.94 | 5.37x |
| NII | 22.48 | 2357 | 1.05x |
| Retail | 38.82 | 24.19 | 0.62x |
| Overall Subscription | 83.46 | 166.70 | 2x |
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Om Galaxy is priced at ₹90 per share. With a minimum lot size of 1,600 shares, a retail investor applying for one lot would need approximately ₹2,88,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Om Galaxy stands at ₹0, implying an estimated listing gain of around 0.00% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Om Galaxy's IPO was subscribed 2x overall, with a category-wise breakdown of Retail 0.62x, QIB 5.37x, NII 1.05x.
Among the strengths highlighted in Om Galaxy's IPO documents: Manufactures precision moulds for diverse industrial sectors.; Expanding product portfolio with forward integration into B2C..
Investors should also weigh the risk factors Om Galaxy has disclosed, including: Top 10 customers contribute 73% of total revenue..
A share of Om Galaxy's issue proceeds is earmarked for Repayment Of Borrowings: 14 (13.33%).
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
IPO roadmap at a glance
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 11 Sept 2026 | ₹0.00 | - | TBA |
| 10 Sept 2026 | ₹0.00 | - | 0.00% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 3,200 | ₹2,88,000 |
| Retail Maximum | 2 Lot | 3,200 | ₹2,88,000 |
| S-HNI Minimum | 3 Lot | 4,800 | ₹4,32,000 |
| S-HNI Maximum | 6 Lot | 9,600 | ₹8,64,000 |
| B-HNI Minimum | 7 Lot | 11,200 | ₹10,08,000 |
Objects of the Issue & Official Documents
- Repayment Of Borrowings 14 (13.33%)
- General Corporate Purpose 16.34 (15.57%)
Important takeaways before applying
Strengths
- Manufactures precision moulds for diverse industrial sectors.
- Expanding product portfolio with forward integration into B2C.
- Strategic consolidation of existing units to boost efficiency.
- Strong revenue base from the pipe fittings mould segment.
- Internal quality controls meet strict customer specifications.
Risks
- Top 10 customers contribute 73% of total revenue.
- Heavy reliance on a limited number of material suppliers.
- Significant revenue concentration in the pipe fittings sector.
- Execution and funding risks tied to the new facility.
- The new B2C cleaning products segment operates at a loss.
Om Galaxy IPO Reservation
The Om Galaxy IPO shares are reserved across anchor investors, qualified institutional buyers, non-institutional investors and retail investors. Anchor investors have the largest individual allocation at 28.47%, followed by retail investors at 33.27%. The NII and QIB categories account for 14.26% and 18.99% of the shares offered, respectively.
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | 33,21,600 Shares | 28.47% |
| QIB (Ex. Anchor) | 22,16,000 Shares | 18.99% |
| NII Shares Offered | 16,64,000 Shares | 14.26% |
| Retail Shares Offered | 38,81,600 Shares | 33.27% |
Note: The reservation figures are based on the Om Galaxy IPO information provided.
Om Galaxy IPO Anchor Investors
The Om Galaxy IPO anchor bidding is scheduled for September 9, 2026, one day before the public issue opens. The anchor investor allocation forms a part of the institutional participation in the IPO, while the final share quantity and anchor size are currently represented by the provided placeholders.
| Particular | Details |
|---|---|
| Anchor Bidding Date | September 9, 2026 |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date 50% Shares (90 Days) | 2026 |
Note: Anchor investor details are based on the Om Galaxy IPO information provided.
Om Galaxy IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 10 Sept 2026 |
| IPO Close Date | 15 Sept 2026 |
| Basis of Allotment | 16 Sept 2026 |
| Refunds | 17 Sept 2026 |
| Credit to Demat Account | 17 Sept 2026 |
| IPO Listing Date | 18 Sept 2026 |
Note: The timeline for Om Galaxy IPO is tentative and subject to change.
Om Galaxy Promoters and Holding Pattern
The promoter group of Om Galaxy comprises Opindersingh Bachattarsingh Baddhan, Jyothish Rajamohanan Nambiar, Sathyapalan Ayadathil Poyil, Gagandeep Opinder Singh Baddhan and Meena O Badhhan. Before the IPO, the promoter and promoter group collectively hold the entire pre-issue share capital of the company.
After the IPO, the company's total share capital is expected to increase to 3,18,10,824 shares. The post-IPO promoter holding percentage is not provided in the supplied data, so it has been kept as a placeholder rather than assuming a percentage.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 2,22,10,824 | 100% | – | -% |
| Others* | – | -% | – | -% |
| Total | 2,22,10,824 | 100% | 3,18,10,824 | 100% |
Note: Post-IPO promoter shares and percentage are shown as provided in the supplied information.
Om Galaxy Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Purpose | INR crores (%) |
| Capex for new manufacturing unit and capacity expansion | 74.66 (71.1%) |
| Repayment or prepayment of certain borrowings | 14 (13.33%) |
| General corporate purposes | 16.34 (15.57%) |
Note: Objectives are as specified in the DRHP/RHP documents of Om Galaxy.
Om Galaxy About Ipo
Established in 2008, Om Galaxy Ltd. designs, develops, and manufactures pipe fittings, industrial moulds, automotive moulds, Hot Runner Systems (HRS), and cleaning products.
As of June 30, 2026, the company had 77 products sold under its “WONDRA” brand. Its products are used in various industries, including building materials, plastics and polymers, automobiles and auto components, and industrial engineering.
The company has experienced promoters, directors, and a senior management team, and strong, long-term relationships with customers that bring repeat business and many more.
Om Galaxy Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 105.12 Cr. | 80.52 Cr. | 12.04 Cr. | 117.49 Cr. |
| 2025 | 113.13 Cr. | 83.77 Cr. | 15.92 Cr. | 142.81 Cr. |
| 2026 | 124.68 Cr. | 91.86 Cr. | 16.64 Cr. | 175.31 Cr. |
Note: Financial numbers for Om Galaxy are in ₹ Crores unless stated otherwise.
Om Galaxy Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | 22.13% |
| ROCE | 20.39% |
| EBITDA Margin | 26.33% |
| PAT Margin | 13.42% |
| Debt to Equity Ratio | 0.45 |
| Earning Per Share (EPS) | 7.20 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 22.13% |
| Net Asset Value (NAV) | 35.94 |
Note: Valuation KPIs for Om Galaxy are computed for FY2026.
Om Galaxy IPO Peer Group Comparison
To Be Updated Soon
Om Galaxy IPO Lead Managers aka Merchant Bankers
- Indorient Financial Services Ltd.
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Om Galaxy IPO FAQs
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