Today, Monday, April 13, 2026, is the last day for investors to apply for the Om Power Transmission IPO. The bidding window officially closes at 5:00 PM. The company has fixed the price band at ₹166 to ₹175 per share, with a minimum lot size of 85 shares (requiring an investment of ₹14,875 at the upper cap).

By the end of the previous session, the issue reached 71% subscription. Early data from the final day indicates a rapid climb toward full subscription. Current allocation trends include:

• Qualified Institutional Buyers (QIB): Showing high confidence, with the portion already oversubscribed.

• Retail Individual Investors (RII): Subscribed nearly 45%, with a significant final-day surge expected to fill the remaining quota.

• Non-Institutional Investors (NII): Steady participation as larger HNIs finalize their bids.

The company is raising ₹132.56 crore through a Fresh Issue and ₹17.50 crore via an Offer for Sale. The proceeds are earmarked for purchasing heavy machinery (₹11.21 crore), debt repayment (₹25.00 crore), and fueling long-term working capital requirements (₹55.00 crore).

Key IPO Details & Timetable

Important Real News & Today’s Insights (April 13)

• Marquee Institutional Backing: A major highlight for today's investors is the quality of the anchor round. The company raised ₹45.01 crore from elite global names including Morgan Stanley Asia (Singapore) and the Craft Emerging Market Fund, signaling strong professional trust in the company's EPC capabilities.

• Grey Market Trend: The GMP is currently trading at approximately ₹2 to ₹5, indicating a modest listing gain of around 1% to 3%. While the premium is not explosive, analysts note it has remained stable despite recent market pressures from global trade tariffs.

• Explosive Financial Growth: Today's analysis confirms a massive jump in profitability, with PAT (Profit After Tax) rising from ₹7.41 crore in FY24 to approximately ₹22.08 crore in FY25. This 200% bottom-line growth is a key driver for the current institutional interest.

• Order Book Visibility: As of December 2025, the company holds a massive unexecuted order book of ₹744.60 crore. With 58 active projects (51 EPC and 7 O&M), the company has revenue visibility secured for the next 24 months.

• Sector Tailwinds: Today's research notes emphasize that the company is a direct beneficiary of India's 500 GW renewable energy target. Every new solar and wind farm requires the specific high-voltage (HV/EHV) transmission lines that Om Power specializes in.

• Regional Concentration: A point of caution noted by analysts today is that while the company is expanding into Rajasthan and Punjab, a significant portion of its historical revenue remains concentrated in Gujarat, making it sensitive to regional policy changes.