Closed SME IPO OMGL

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
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IPO Details

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 PDF
RHP Draft Prospectus PDF
Demand Tracker

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
Analysis

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.

Timeline

IPO roadmap at a glance

✓
Bidding Opens 10 Sept 2026
✓
Bidding Closes 15 Sept 2026
03
Allotment Next 16 Sept 2026
04
Listing 18 Sept 2026
Grey Market Premium

Daily GMP status

Date GMP Change Gain
11 Sept 2026 ₹0.00 - TBA
10 Sept 2026 ₹0.00 - 0.00%
Swipe to see more →
Market Lot

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
Swipe to see more →
Fund Utilization

Objects of the Issue & Official Documents

  • Repayment Of Borrowings 14 (13.33%)
  • General Corporate Purpose 16.34 (15.57%)
Issue Notes

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.
Analysis

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.

Analysis

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.

Analysis

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.

Analysis

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.

Analysis

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.

Analysis

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.

Analysis

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.

Analysis

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.

Analysis

Om Galaxy IPO Peer Group Comparison

To Be Updated Soon

Analysis

Om Galaxy IPO Lead Managers aka Merchant Bankers

  • Indorient Financial Services Ltd.
Comparison

Compare Om Galaxy IPO with similar IPOs

FAQ

Om Galaxy IPO FAQs

Om Galaxy IPO GMP today is Rs 0. Investors can use this GMP along with price band and subscription status for a better IPO review.
Om Galaxy IPO price band is Rs 85.00 to Rs 90.00. Check the latest issue price, lot size and GMP together before applying.
Om Galaxy IPO open date is 10 Sept 2026, close date is 15 Sept 2026, and listing date is 18 Sept 2026.
Om Galaxy IPO lot size is 1,600 shares. The minimum retail investment is Rs 2,88,000.
Om Galaxy is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Om Galaxy IPO subscription status currently shows Retail 0.62x, QIB 5.37x, NII 1.05x, Overall 2x.
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.
Om Galaxy IPO issue size is 105 and the expected allotment date is 16 Sept 2026.
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