The Om Power Transmission IPO has officially opened for subscription on April 9, 2026, attracting attention from investors looking to tap into India’s growing power infrastructure sector. The public issue will remain open until April 13, 2026.
The company aims to raise a total of ₹150.06 crore through this IPO. This includes a fresh issue worth ₹132.56 crore along with an offer for sale (OFS) of ₹17.50 crore by existing promoters.
💰 Price Band & Lot Size
The IPO price band has been fixed at:
- ₹166 to ₹175 per share
- Lot size: 85 shares
This means retail investors need a minimum investment of around ₹14,875 at the upper price band.
📊 IPO Subscription Status (Day 1)
The bidding process began on April 9, and subscription data is expected to update throughout the day after market hours. Investor response will be closely watched in the first few sessions.
📅 Important IPO Dates
Here are the key dates investors should keep in mind:
- IPO Opening Date: April 9, 2026
- IPO Closing Date: April 13, 2026
- Allotment Finalisation: April 15, 2026
- Refund Initiation: April 16, 2026
- Shares Credited to Demat: April 16, 2026
- Listing Date: April 17, 2026 (NSE & BSE)
🏗️ About the Company
Om Power Transmission operates as an EPC (Engineering, Procurement & Construction) contractor in the power sector. The company specializes in:
- High-voltage and extra-high-voltage transmission lines
- Substation projects
- Underground cabling systems
It provides end-to-end solutions, including design, engineering, installation, testing, and maintenance.
🧾 Fund Utilisation
The funds raised from the IPO will be used for:
- Capital expenditure
- Repayment of existing loans
- Working capital requirements
- General corporate purposes
The company also aims to boost its brand visibility and market presence after listing.
🏦 Anchor Investors Participation
Before opening to the public, the company raised ₹45.01 crore from anchor investors, including:
- Morgan Stanley Asia (Singapore)
- Craft Emerging Market Fund
- Sunrise Investment Trust
This early investment indicates institutional confidence in the IPO.
📈 GMP (Grey Market Premium) Today
As per market sources, the IPO is currently trading at around ₹182 in the grey market, suggesting a premium of nearly 4% over the upper price band.
⚠️ Note: GMP is unofficial and should not be the sole factor for investment decisions.
⚖️ Should You Consider It? (Quick Insight)
📌 Positives:
- Strong presence in power infrastructure sector
- Growing demand for transmission projects
- Institutional backing
📌 Risks:
- EPC sector dependency on government projects
- Margin pressure in infrastructure business
