Om Power IPO opens Apr 9, Rs 166‑175 band
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- Om Power Transmission opened its IPO on April 9‑13, 2026, with a price band of Rs 166‑175 per share and a minimum investment of Rs 14,875 for 85‑share lots.
- Grey market trading shows the shares at a Rs 1.5 (0.86%) premium over the issue price, implying an estimated listing price of Rs 176.5 and a modest gain at debut.
- Allotment is slated for finalisation on April 15, with the stock expected to debut on NSE and BSE on April 17.
- FY25 financials reported a 198% profit surge to Rs 22.08 crore and a 53% revenue rise to Rs 281.65 crore year‑on‑year.
- Proceeds allocation includes Rs 11.21 crore for capital expenditure, Rs 25.00 crore for debt repayment, Rs 55.00 crore for long‑term working capital, and the balance for general corporate purposes.
- Beeline Capital Advisors serves as the book‑running lead manager for the issue.
- MUFG Intime India is the registrar for the IPO.
Why it matters: The IPO will give Om Power Transmission fresh capital to fund new equipment, cut debt, and expand operations, while investors can lock in a small upside at listing; the modest market premium suggests cautious appetite despite the firm’s sharp profit jump.
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