Published: 6 April 2026 | 6.00 AM
Last Updated: 6 April 2026 | 9.30 AM
IPO Overview
Om Power Transmission IPO is a mainboard book-built issue worth Rs. 150.06 crore, comprising a fresh issue of 75.75 lakh shares aggregating to Rs. 132.56 crore and an offer for sale of 10.00 lakh shares aggregating to Rs. 17.50 crore. The IPO will open for subscription on 9 April 2026 and close on 13 April 2026. The company plans to list on NSE and BSE. At the upper price band of Rs. 175, Om Power Transmission is expected to list with a post-issue market capitalization of around Rs. 599.29 crore. The issue is positioned as an EPC-led infrastructure play focused on India’s power transmission and substation expansion opportunity.
Key Highlights
| Particulars |
Details |
| IPO Type |
Book Built Issue |
| Issue Size |
Rs. 150.06 crore |
| Fresh Issue |
Rs. 132.56 crore |
| OFS |
Rs. 17.50 crore |
| Price Band |
Rs. 166 to Rs. 175 |
| Face Value |
Rs. 10 per share |
| Listing |
NSE, BSE |
| Lot Size |
85 shares |
| Listing Date (Tentative) |
17 April 2026 |
| Business |
Power Transmission EPC |
Om Power Transmission IPO GMP – Latest Update
| Particulars |
Details |
| IPO GMP Today |
Not Traded |
| Kostak |
Not traded |
| Subject to Sauda |
Not Traded |
| GMP Trend |
To be tracked closer to listing |
Note: GMP is an unofficial market indicator and should not be the sole basis for investment decisions.
Om Power Transmission IPO Subscription Status – Live Update
| Investor Category |
Subscription Status |
| QIB |
To be updated live |
| NII |
To be updated live |
| Retail |
To be updated live |
| Total |
To be updated live |
👉 GMP | Reviews | Subscription | Allotment | Financials | Registrar | FAQ
👉 Latest Amir Chand Jagdish Kumar IPO GMP, subscription status, financials, valuation and Chanakya review explained below.
IPO Details at a Glance
| Particulars |
Details |
| IPO Date |
9 to 13 April 2026 |
| Listing Date |
17 April 2026 |
| Face Value |
Rs. 10 per share |
| Price Band |
Rs. 166 to Rs. 175 |
| Lot Size |
85 Shares |
| Issue Type |
Bookbuilding IPO |
| Sale Type |
Fresh Issue + OFS |
| Listing At |
BSE, NSE |
| Total Issue Size |
85,75,000 shares (up to Rs. 150 Cr.) |
| Fresh Issue |
75,75,000 shares (up to Rs. 133 Cr.) |
| Offer for Sale |
10,00,000 shares (up to Rs. 18 Cr.) |
| Shareholding Pre Issue |
2,66,70,000 shares |
| Shareholding Post Issue |
3,42,45,000 shares |
| Market Cap (Post Issue) |
Rs. 599.29 Cr. |
IPO Timetable
| Event |
Date |
| IPO Open |
Thursday, 9 April 2026 |
| IPO Close |
Monday, 13 April 2026 |
| Allotment Finalisation |
Wednesday, 15 April 2026 |
| Refund Initiation |
Thursday, 16 April 2026 |
| Credit of Shares |
Thursday, 16 April 2026 |
| Listing Date |
Friday, 17 April 2026 |
Reservation
| Investor Category |
Reservation |
| QIB |
Not more than 50% of the Net Offer |
| Retail |
Not less than 35% of the Net Offer |
| NII |
Not less than 15% of the Net Offer |
Lot Size
| Application |
Lots |
Shares |
Amount |
| Retail (Min) |
1 |
85 |
Rs. 14,875 |
| Retail (Max) |
13 |
1,105 |
Rs. 1,93,375 |
| S-HNI (Min) |
14 |
1,190 |
Rs. 2,08,250 |
| S-HNI (Max) |
67 |
5,695 |
Rs. 9,96,625 |
| B-HNI (Min) |
68 |
5,780 |
Rs. 10,11,500 |
Company Details
Om Power Transmission Limited was incorporated in June 2011 and operates as a power transmission infrastructure engineering, procurement and construction (EPC) company with over 14 years of experience. The company undertakes high-voltage (HV) and extra-high voltage (EHV) transmission lines, substations and underground cabling projects on a turnkey basis, covering design, engineering, supply, erection, installation, testing, commissioning and operation & maintenance services.
The business is positioned in a sector that benefits from India’s growing power demand, grid strengthening, renewable integration and transmission expansion. Om Power Transmission’s business model is supported by both EPC execution and recurring O&M activities, which provides a balanced infrastructure operating profile.
Business Verticals
| Segment |
Details |
| Transmission Line EPC Projects |
Execution of HV/EHV transmission line projects |
| Substation EPC Projects |
EPC execution for substations |
| Underground Cable Projects |
Underground power cable infrastructure projects |
| Operation and Maintenance Services |
O&M support for substations and infrastructure |
Operating Snapshot
| Particulars |
Details |
| Order Book as on 31 Dec 2025 |
Rs. 744.60 crore |
| Total Projects in Order Book |
58 |
| EPC Projects |
51 |
| O&M Contracts |
7 |
| Substations under O&M |
124 |
| Permanent Employees |
1,164 |
Competitive Strengths
| Key Strengths |
| Track record of execution capabilities and timely completion |
| Strong order book across business verticals |
| Strong and consistent financial performance |
| Experienced promoters and senior management |
Company Address
| Particulars |
Details |
| Registered / Corporate Address |
703 to 706, 7th Floor, Fortune Business Hub, Nr. Shell Petrol Pump, Science City Road, Sola, Ahmedabad, Gujarat, 380060 |
| Phone |
+91 75748 80021 |
| Email |
cs@optl.in |
| Website |
Company website available |
Lead Manager / Registrar
| Particulars |
Details |
| Book Running Lead Manager |
Beeline Capital Advisors Pvt. Ltd. |
| Registrar |
MUFG Intime India Pvt. Ltd. |
| Registrar Phone |
+91-22-4918 6270 |
| Registrar Email |
ompower.ipo@in.mpms.mufg.com |
Financials
| Particulars (Rs. Cr.) |
31 Dec 2025 |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
| Assets |
240.06 |
150.17 |
117.85 |
105.14 |
| Total Income |
276.50 |
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 |
42.76 |
| Total Borrowings |
38.47 |
18.90 |
26.23 |
25.57 |
Valuation
Objects of the Issue
| Sr. No. |
Objects of the Issue |
Estimated Amount (Rs. Cr.) |
| 1 |
Funding of capital expenditure requirements towards purchase of machinery and equipment |
11.21 |
| 2 |
Pre-payment / repayment of certain outstanding borrowings |
25.00 |
| 3 |
Funding long-term working capital requirement |
55.00 |
| 4 |
General Corporate Purposes |
— |
| Total |
|
91.21 |
Key Performance Indicators (KPI)
| KPI |
Dec 31, 2025 |
Mar 31, 2025 |
| ROE |
24.28 |
35.83 |
| ROCE |
26.53 |
41.76 |
| Debt/Equity |
0.32 |
0.26 |
| RoNW |
19.50 |
30.40 |
| PAT Margin |
8.45% |
7.84% |
| EBITDA Margin |
12.38% |
12.66% |
| Price to Book Value |
|
5.93 |
Valuation Snapshot
| Particulars |
Pre IPO |
Post IPO |
| EPS (Rs.) |
8.28 |
9.10 |
| P/E (x) |
21.13 |
19.23 |
| Promoter Holding |
92.26% |
68.92% |
| Market Cap |
|
Rs. 599.29 Cr. |
Chanakya View
Om Power Transmission IPO comes from a sector that is structurally attractive, as India continues to invest heavily in power transmission, substation strengthening and grid modernization. The company operates in a technically specialized EPC segment and also has a visible maintenance business, which adds some operating stability. The order book of over Rs. 744 crore gives revenue visibility, and the financial profile has improved sharply over the last three years.
On the valuation front, the IPO appears reasonably placed with a post-issue P/E of 19.23x, especially considering the company’s profitability improvement, return ratios and sector tailwinds. At the same time, investors should remember that EPC businesses can be exposed to execution delays, working capital pressure and project-based volatility. This is not a defensive business, but rather a growth-linked infrastructure play.
Investment Summary
| Parameter |
Chanakya View |
| Business Model |
Strong niche EPC + O&M positioning |
| Financial Trend |
Healthy growth with profit improvement |
| Order Book |
Strong and supportive |
| Valuation |
Reasonably priced |
| Risk Level |
Moderate |
| Listing Appeal |
Good |
| Long-Term Appeal |
Positive |
Chanakya View:
Om Power Transmission IPO looks attractive for investors with moderate risk appetite.
It appears to be a “Subscribe for Listing Gain + Selective Long Term” kind of issue at current valuation comfort.
FAQs
