Om Galaxy IPO Overview
Om Galaxy IPO is a BSE SME public issue of ₹105 crore. The IPO opened for subscription on September 10, 2026, and closes on September 15, 2026. The company has fixed the price band at ₹85 to ₹90 per share.
The issue consists of fresh shares, with the proceeds planned mainly for manufacturing capacity expansion and debt-related requirements.
| Particular | Details |
|---|---|
| IPO Name | Om Galaxy IPO |
| IPO Type | BSE SME |
| IPO Dates | Sep 10–15, 2026 |
| Price Band | ₹85–₹90 |
| Issue Size | ₹105 Cr |
| Issue Type | Fresh Issue |
| Lot Size | 1,600 Shares |
| Min. Investment | ₹2.88 Lakh |
| Allotment | Sep 16, 2026 |
| Refund | Sep 17, 2026 |
| Listing | Sep 18, 2026 |
Om Galaxy IPO GMP Today
Om Galaxy IPO GMP is currently around ₹0. The grey market premium is an unofficial indicator and may change before the listing date.
With the upper IPO price of ₹90 and GMP of ₹0, the estimated listing price based on GMP would be around ₹90. Investors should not consider GMP as a guaranteed listing price because it is not regulated and can change quickly.
Om Galaxy IPO Subscription
The Om Galaxy IPO subscription has shown stronger institutional interest compared with retail and NII participation in the latest available figures.
The overall subscription was around 1.04 times in the latest update, while QIB demand was considerably stronger. Since September 15 is the final bidding day, the subscription figures may change before the issue closes.
Om Galaxy IPO Business
Om Galaxy operates in the industrial manufacturing segment. The company manufactures products including pipe fittings and mould-related products used in industrial and automotive applications.
Its portfolio also includes industrial and automotive moulds and Hot Runner Systems. In addition, the company operates a cleaning-products business under the WONDRA brand.
The business serves customers in domestic and export markets, giving the company exposure to multiple industrial applications.
Om Galaxy IPO Financial Performance
Om Galaxy has reported growth in revenue and profitability over the recent financial years. Revenue increased from around ₹105 crore in FY24 to approximately ₹113 crore in FY25 and around ₹125 crore in FY26.
The company also reported healthy operating profitability, with FY26 EBITDA of around ₹32.82 crore. PAT was approximately ₹16 crore during FY26.
The improvement in earnings is one of the key factors investors may consider when evaluating the IPO.
Om Galaxy IPO Objects
The company intends to use the IPO proceeds primarily for setting up a new manufacturing facility and increasing production capacity.
A portion of the funds is also proposed to be used for repayment or prepayment of borrowings, while the remaining amount will be used for general corporate purposes.
The planned capacity expansion could help the company support future business growth if the new facilities are utilised effectively.
Om Galaxy IPO Strengths
Om Galaxy has several factors that may support its long-term growth prospects:
- Growing revenue and profitability.
- Exposure to industrial and automotive applications.
- Diversified product portfolio.
- Manufacturing capacity expansion plans.
- Presence in domestic and export markets.
- IPO proceeds include debt reduction and expansion requirements.
Om Galaxy IPO Risks
The company operates in a competitive manufacturing industry where fluctuations in raw-material prices can affect margins. Competition from other manufacturers may also put pressure on pricing and profitability.
The planned expansion requires effective execution and sufficient demand. The company may also face customer concentration, industrial-cycle and working-capital risks.
As an SME IPO, Om Galaxy also carries higher liquidity and minimum-investment risks compared with many mainboard IPOs.
Om Galaxy IPO Valuation
At the upper price band of ₹90, investors should evaluate the IPO valuation against the company's earnings, growth rate and comparable manufacturing businesses.
The company's improving profitability is positive, but the latest GMP of around ₹0 does not currently indicate a strong grey-market premium. Investors should therefore focus more on the company's fundamentals rather than relying on GMP alone.
Om Galaxy IPO Review
Om Galaxy IPO offers exposure to an industrial manufacturing company with improving financial performance and plans to expand its manufacturing capacity.
The proposed use of funds for expansion and debt management is positive. However, the high minimum investment, SME listing structure, competitive industry and execution risks need to be considered carefully.
Overall, Om Galaxy IPO looks suitable mainly for investors who understand the risks associated with SME IPOs and are comfortable with a higher minimum investment.
Om Galaxy IPO Key Highlights
- IPO Size: ₹105 crore
- Price Band: ₹85–₹90
- Lot Size: 1,600 shares
- Minimum Investment: ₹2.88 lakh
- IPO Closing: September 15, 2026
- Allotment: September 16, 2026
- Listing: September 18, 2026
- Latest GMP: ₹0
- IPO Type: BSE SME
- Issue: Fresh Issue
Om Galaxy IPO Conclusion
Om Galaxy IPO combines an industrial manufacturing business with expansion plans and improving profitability. The proposed investment in new manufacturing capacity could support future growth, while debt repayment may help strengthen the financial position.
However, investors should consider the SME nature of the issue, high minimum application amount, competitive environment and execution risks before applying. GMP should only be treated as an unofficial market indicator and not as a guarantee of listing performance.
Disclaimer: IPO GMP is unofficial and may change at any time. Investors should review the company's offer documents, financial performance, valuation and risks before making an investment decision.
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