The ₹150 crore public issue aims to support growth amid rising demand for power transmission infrastructure in India.
Om Power Transmission Ltd., an engineering, procurement and construction (EPC) company focused on power transmission projects, has opened its initial public offering (IPO) for subscription on April 9. The issue will remain open until April 13, with shares expected to list on the stock exchanges on April 17.
Key Highlights
The IPO is priced in the range of ₹166 to ₹175 per share, with a face value of ₹10. Retail investors can bid for a minimum lot of 85 shares, requiring an investment of ₹14,875 at the upper price band. The maximum investment for retail participants is capped at 13 lots, or 1,105 shares.
The total issue size stands at ₹150.06 crore, comprising a fresh issue of 75.75 lakh shares worth ₹133 crore and an offer-for-sale of 10 lakh shares. Employees applying to the IPO are eligible for a discount of ₹8 per share.
The allotment of shares is expected on April 15, followed by credit to demat accounts on April 16.
Anchor Investment and Allocation
Ahead of the public issue, the company raised ₹45.01 crore from anchor investors on April 8. Notable participants included institutional funds such as Morgan Stanley Asia (Singapore) and emerging market-focused investment funds.
As per the allocation structure, 50% of the issue is reserved for qualified institutional buyers (QIBs), 35% for retail investors, and 15% for non-institutional investors (NIIs).
Official Statement
The company aims to utilise the proceeds from the fresh issue to support its expansion plans and strengthen its position in the power transmission sector. The offering comes at a time when India is witnessing increased investment in electricity infrastructure, including transmission lines and substations.
Financial Performance
Founded in 2011, Om Power Transmission has reported steady growth in recent years. Its net profit increased significantly from ₹6.23 crore in FY23 to ₹22.08 crore in FY25, with further growth recorded in the first nine months of FY26.
Revenue also expanded consistently, rising from ₹121.71 crore in FY23 to ₹281.65 crore in FY25. The company’s order book stood at ₹744.6 crore as of December 31, 2025, indicating a strong pipeline of projects.
At the upper price band, the company’s estimated market capitalisation post-listing is around ₹599 crore.
Context and Background
The IPO comes amid growing demand for power transmission infrastructure in India, driven by rising electricity consumption and government-led expansion of the national grid. EPC companies like Om Power Transmission play a key role in building and maintaining this infrastructure.
The sector has gained attention from investors due to its long-term growth potential, supported by policy initiatives and increasing energy needs.
Public Impact: What It Means for Investors
For investors, the IPO provides an opportunity to participate in a company operating in a critical infrastructure segment. The company’s expanding order book and improving financial performance may appeal to those looking for exposure to the power sector.
However, as with all IPOs, investors are advised to evaluate financials, sector risks, and market conditions before making investment decisions.
Conclusion: Timeline and Outlook
With subscription open until April 13, the IPO will move quickly through its timeline, with listing expected on April 17. The company’s future performance will depend on its ability to execute projects efficiently and capitalise on India’s expanding power infrastructure needs.
Input & Images: Hindusthan Samachar
Edited by Manten Sasank
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Last Updated on: Thursday, April 9, 2026 3:05 pm by Mantena Sasank | Published by: Mantena Sasank on Thursday, April 9, 2026 3:05 pm | News Categories: Business, Finance, News