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:
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Qualified Institutional Buyers (QIB): Showing high confidence, with the portion already oversubscribed.
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Retail Individual Investors (RII): Subscribed nearly 45%, with a significant final-day surge expected to fill the remaining quota.
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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
| Feature | Details |
| Bidding Closes | Today, April 13, 2026 (5:00 PM) |
| Price Band | ₹166 – ₹175 per share |
| Current GMP | ₹2 to ₹5 (Positive Premium) |
| Total Issue Size | ₹150.06 Crore |
| Allotment Date | Wednesday, April 15, 2026 |
| Listing Date | Friday, April 17, 2026 (NSE & BSE) |
Important Real News & Today’s Insights (April 13)
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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.
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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.
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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.
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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.
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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.
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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.
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