Om Power Transmission was incorporated on June 29, 2011. The company is a power transmission infrastructure EPC firm with over 14 years of experience, specializing in turnkey execution of HV and EHV transmission lines, substations, and underground cabling projects. Since 2011, it has commissioned over 1,000 circuit kilometers of transmission lines and 11 substations, covering voltages from 11 kV to 400 kV and substations up to 220 kV
| Bidding Dates |
|---|
| 09 Apr 2026 - 13 Apr 2026 |
| Subscription |
|---|
| 3.33x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,110 | 1 | 13 | 85 | 8.6 M | ₹166 - ₹175 | 68.93 % | ₹1423.5 M - ₹1500.6 M | RHP DOC |
Om Power Transmission IPO SUBSCRIPTION STATUS
13 Apr '26Om Power Transmission IPO overall subscription rate was 3.33 times the total available shares
Om Power Transmission IPO retail subscription rate was 1.54 times in the retail segment
Om Power Transmission IPO non-institutional investor subscription rate was 7.06 times in the non-institutional investor category
Om Power Transmission IPO Qualified Institutional Bidder subscription rate was 3.65 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
13 Apr 2026 (Day 3) | 1.54x | 7.06x | 3.65x |
10 Apr 2026 (Day 2) | 0.58x | 0.38x | 1.18x |
09 Apr 2026 (Day 1) | 0.3x | 0.11x | 0.78x |
Om Power Transmission FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY26 | 274.5 | 23.4 | -37.4 | -40.3 | 12.4% |
| FY25 | 279.4 | 22.1 | 12.4 | 12.0 | 12.7% |
| FY24 | 182.8 | 7.4 | 3.5 | 3.0 | 7.9% |
| FY23 | 120.2 | 6.2 | 10.1 | 8.0 | 9.8% |
Om Power Transmission IPO SUBSCRIPTION STATUS DETAILS
Om Power Transmission had 8.6 M shares on offer
Om Power Transmission IPO offer price was in the range ₹166 - ₹175
Om Power Transmission IPO minimum Investment was ₹14110
Om Power Transmission IPO issue size was ₹ 1423.5 M - ₹ 1500.6 M
Om Power Transmission had a minimum lot size of 85 Shares per application
Om Power Transmission NUMBER OF SHARES ON OFFER
Om Power Transmission IPO IMPORTANT DATES
| Issue Open Date | 09 Apr 2026 |
| Issue close Date | 13 Apr 2026 |
| Allotment Date | 15 Apr 2026 |
| Refund Date | 16 Apr 2026 |
| Demat Account Credit Date | 16 Apr 2026 |
| Listing Date | 17 Apr 2026 |
| Listing on Exchange(s) | NSE and BSE |
| Om Power Transmission Allotment Status | Exchange/ Registrar |
Om Power Transmission IPO subscription opened on 09 Apr 2026, and closed on 13 Apr 2026
IPO allotment for Om Power Transmission was finalized on Wednesday, 15 Apr 2026
IPO listing for Om Power Transmission was on NSE and BSE on Friday, 17 Apr 2026
Om Power Transmission IPO LISTING GAINS
| Issue Price (adjusted) | 175.0 |
| Listing Open Price | 186.0 |
| Listing Close Price | 193.4 |
| Listing Gain% | 6.3% |
| Current Gain% | -2.3% |
Om Power Transmission Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Om Power Transmission Ltd. | 171 | 585.7 | 14.6 | 0.2 | 1.3 | 29.2 | 11.7 | 451.8 | 60.4 | 40 | 81.2 | 11.7 | 81.2 |
| Adani Power Ltd. | 209 | 403050.1 | 28.3 | 1.9 | 6.8 | 19.8 | 9 | 57865.3 | -1.8 | 12834.3 | -0.8 | 7.4 | 14.9 |
| NTPC Ltd. | 342.5 | 332110.8 | 12 | 0.8 | 1.7 | 13.3 | 4.8 | 189798.6 | -0.6 | 27052.5 | 15.5 | 28.6 | 15.9 |
| Power Grid Corporation of India Ltd. | 271.6 | 252604.4 | 15.9 | 5.2 | 5.4 | 15.8 | 5.4 | 47684.4 | 0.5 | 15928 | 2.6 | 17.1 | 3 |
| Adani Energy Solutions Ltd. | 1630.1 | 199353.8 | 68.3 | 3.1 | 6.5 | 9 | 2.4 | 28325.2 | 15.9 | 2282.5 | 115.3 | 23.9 | 21.8 |
| Tata Power Company Ltd. | 380.6 | 121598.6 | 31.5 | -6.5 | 1.9 | 9.5 | 2.1 | 64171.7 | -4.2 | 3747.2 | -5.6 | 12.1 | -4.8 |
Om Power Transmission INFORMATION ON IPO ISSUE
About Om Power Transmission
Om Power Transmission was incorporated on June 29, 2011. The company is a power transmission infrastructure EPC firm with over 14 years of experience, specializing in turnkey execution of HV and EHV transmission lines, substations, and underground cabling projects. Since 2011, it has commissioned over 1,000 circuit kilometers of transmission lines and 11 substations, covering voltages from 11 kV to 400 kV and substations up to 220 kV
Object of the Issue
- Funding of capital expenditure requirements of the company towards purchase of machinery and equipment
- Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the company
- Funding long-term working capital requirement of the company
- General corporate purposes
Om Power Transmission - PROMOTERS
| Name |
|---|
| Kalpesh Dhanjibhai Patel |
| Kanubhai Patel |
| Vasantkumar Narayanbhai Patel |
Om Power Transmission - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Kalpesh Dhanjibhai Patel | Chairman & Executive Director |
| Kanubhai Patel | Managing Director |
| Vasantkumar Narayanbhai Patel | Whole-Time Director |
| Anand Mohan Tiwari | Independent Director |
| Desai Alpesh Dharamsinh | Independent Director |
| Ishvarlal Mafatlal Bhavsar | Independent Director |
| Shikha Agarwal | Independent Director |
Om Power Transmission Book Running Lead Manager
Beeline Capital Advisors Private Limited
mb@beelinemb.com
Om Power Transmission Registrar to the Offer
MUFG Intime India Private Limited
ompower.ipo@in.mpms.mufg.com
Om Power Transmission Strengths
Project execution capabilities
The Gujarat-based company has over 14 years of experience in power transmission infrastructure EPC, specialising in HV and EHV transmission lines and substations. It delivers end-to-end EPC services, including design, engineering, procurement, construction, installation, and commissioning for transmission lines (11–400 kV) and substations (66–220 kV)
Strong order book
As of FY25, the company’s order book comprised 56 projects totalling Rs 776.19 crore, reflecting consistent growth over the past three FY. Initially focused on Gujarat, the company has expanded geographically with new EPC contracts in Punjab and Rajasthan, enhancing revenue visibility and enabling broader project opportunities
Om Power Transmission Risks
Bank guarantee risks
The company is required to provide financial guarantees, such as bid, advance, and performance bank guarantees, as well as letters of credit for supplier payments. Failure to secure or meet obligations under these guarantees could restrict new contracts or supplies and materially impact business, operations, and financial condition
Quality standards
The company is subject to strict quality standards, and any failure by it, its subcontractors, or suppliers to meet these standards could cause project delays, contract cancellations, or liability claims. Inability to consistently maintain regulatory or customer-imposed quality standards may materially impact business, operations, financial condition, and cash flows
Labour-intensive
The company operates in a labour-intensive industry and is subject to strict labour laws. Strikes, work stoppages, wage disputes, or labour shortages, whether due to subcontractor issues, pandemics, or other reasons, could delay project completion, increase costs, and negatively impact business, operations, financial condition, cash flows, and reputation
IPO FAQs
This IPO consists of an offer for sale of up to Rs 17.5 crore, of 1,000,000 shares. It also consists of a fresh issue of Rs 132.6 crore.
The promoters of the company are Kalpesh Dhanjibhai Patel, Kanubhai Patel and Vasantkumar Narayanbhai Patel.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 166.0 - 175.0.
The IPO application opens on Apr 09, 2026 and closes on Apr 13, 2026.
The minimum lot size for the IPO is 85. The maximum lot size for the IPO is 1105.
For all category investors, the minimum application amount for this IPO is Rs. 14,110.0, the maximum value for this IPO is Rs 193,375.0.
This IPO will be allotted on Apr 15, 2026.
The refund will be credited to your account on Apr 16, 2026.
The allotted shares will be credited to your demat on Apr 16, 2026.
Om Power Transmission Ltd.’s shares listed on the stock exchanges on Apr 17, 2026.