Om Power Transmission IPO is a bookbuilt issue of Rs 408.79 crore. It combines a fresh issue of 0.73 crore shares, aggregating to ₹285.00 crore, and an offer for sale of 0.32 crore shares, aggregating to ₹123.79 crore.
The IPO opens for subscription on March 24, 2026, and closes on March 27, 2026. The allotment is expected to be finalized on Monday, March 30, 2026. The price band for the IPO is set at ₹372 to ₹392 per share, and the minimum lot size for an application is 38 shares.
Company Summary
Incorporated in June 2011, Om Power Transmission Limited is a power transmission infrastructure engineering, procurement, and construction (EPC) company with over 14 years of experience.
The company’s expertise lies in the execution of high-voltage (“ HV”) and extra-high voltage (“EHV”) transmission lines, substations, and underground cabling projects delivered on a turnkey basis, encompassing design, engineering, supply, erection, installation, testing, commissioning, and comprehensive operation and maintenance (“O&M”) services.
The company is certified under ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015.
As of December 31, 2025, the unexecuted Order Book comprised 58 projects amounting to ₹ 74,460.27 lakhs, including 51 EPC projects and 7 O&M contracts.
As of December 31, 2025, the company is operating and maintaining 124 substations.
As of December 31, 2025, the company had 1,164 permanent employees.
Business Segments
- Transmission Line EPC Projects
- Substation EPC Projects
- Underground Cable Projects
- Operation and Maintenance Services
Company Strengths
- Track record of execution capabilities and timely completion of projects
- Strong Order Book across business verticals
- Strong and consistent financial performance
- Experienced Promoters and Senior Management team, having domain knowledge
Company Financials
| Period Ended | 30 Sept 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 240.06 | 150.17 | 117.85 | 105.14 |
| Total Income | 276.5 | 281.65 | 184.39 | 121.71 |
| Profit After Tax | 23.37 | 22.08 | 7.41 | 6.23 |
| EBITDA | 34.24 | 35.66 | 14.47 | 11.93 |
| Net Worth | 119.84 | 72.65 | 50.64 | 43.36 |
| Reserves and Surplus | 93.17 | 72.05 | 50.04 | 43.36 |
| Total Borrowing | 38.47 | 18.9 | 26.23 | 25.57 |
| Amount in ₹ Crore | ||||
Objectives of IPO
- Funding of capital expenditure requirements of the Company towards the purchase of machinery and equipment
- Pre-payment/ re-payment, in part or in full, of certain outstanding borrowings availed by the Company
- Funding long-term working capital requirements of the Company
- General Corporate Purposes
- Funding of capital expenditure requirements of the Company towards the purchase of machinery and equipment
- Pre-payment/ re-payment, in part or in full, of certain outstanding borrowings availed by the Company
- Funding the long-term working capital requirements of the Company
- General Corporate Purposes
Promoters of the company
Kalpesh Dhanjibhai Patel, Kanubhai Patel, and Vasantkumar Narayanbhai Patel are the company’s promoters.
IPO Details
| IPO Date | April 09, 2026 to April 13, 2026 |
| Listing Date | April 17, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹166 to ₹175 per share |
| Lot size | 85 shares |
| Total Issue size | 85,75,000 shares (aggregating upto ₹150.00 Cr ) |
| Fresh Issue | 75,75,000 shares (aggregating upto ₹133.00 Cr ) |
| Offer for Sale | 10,00,000 shares of ₹10 (aggregating upto ₹10.00 Cr ) |
| Issue type | Bookbuilding IPO |
| Listing at | NSE, BSE |
| Share Holding Pre Issue | 2,66,70,000 shares |
| Share Holding Post Issue | 3,42,45,000 shares |
Lot Allocation Details
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 85 | ₹14,875.00 |
| Retail (Max) | 13 | 1,105 | ₹1,93,375.00 |
| S-HNI (Min) | 14 | 1,190 | ₹2,08,250.00 |
| S-HNI (Max) | 67 | 5,695 | ₹9,96,625.00 |
| B-HNI (Min) | 68 | 5,780 | ₹10,11,500.00 |
Allotment Schedule
| Basis of Allotment | Wed, 1 Apr, 2026 |
| Initiation of Refunds | Thu, 16 Apr, 2026 |
| Credit of Shares to Demat | Thu, 16 Apr, 2026 |
| Tentative Listing Date | Fri, 17 Apr, 2026 |
IPO Reservation
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Source – SEBI, Chittorgarh
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