Om Power Transmission IPO Details
Om Power Transmission IPO Summary

Om Power Transmission IPO opens for subscription on 09 Apr 2026 and closes on 13 Apr 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 17 Apr 2026.
Om Power Transmission IPO price band has been fixed at ₹166 – ₹175 per share. The face value is ₹10 per share with a lot size of 85.
Om Power Transmission IPO total issue size comprises 85,75,000 shares (aggregating up to ₹150.06 Cr). This includes a fresh issue of 75,75,000 shares (aggregating up to ₹132.56 Cr). Offer for Sale consists of 10,00,000 shares (aggregating up to ₹17.50 Cr). Pre-issue shareholding stands at 2,66,70,000, which will increase to 3,42,45,000 post-issue.
Om Power Transmission IPO carries a ₹2 (1.14%) GMP, reflecting investor sentiment.
Om Power Transmission IPO Lot Size :Retail Minimum is 1 lot (85 shares) amounting to ₹14,875. Retail Maximum is 13 lots (1,105 shares) amounting to ₹193,375. SHNI Minimum is 14 lots (1,190 shares) amounting to ₹208,250. SHNI Maximum is 67 lots (5,695 shares) amounting to ₹996,625. BHNI Minimum is 68 lots (5,780 shares) amounting to ₹1,011,500.
Om Power Transmission IPO Details
Om Power Transmission IPO Subscription
Om Power Transmission IPO Application Wise Breakup (Approx)
Om Power Transmission IPO Dates
- 09 Apr 2026Opening dateOpen
- 13 Apr 2026Closing dateClose
- 15 Apr 2026Allotment Date Allotment
- 16 Apr 2026Initiation of RefundsRefund
- 16 Apr 2026Credit of SharesCredit
- 17 Apr 2026Listing dateListing
Om Power Transmission IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 85 | ₹14,875 |
| Retail Maximum | 13 | 1105 | ₹193,375 |
| SHNI Minimum | 14 | 1190 | ₹208,250 |
| SHNI Maximum | 67 | 5695 | ₹996,625 |
| BHNI Minimum | 68 | 5780 | ₹1,011,500 |
Om Power Transmission IPO Reservation
Promoter Holding
Documents
Om Power Transmission IPO Valuations
Om Power Transmission Financial Information
| Period Ended | 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 Borrowing | 38.47 | 18.90 | 26.23 | 25.57 |
| Amount in ₹ Crore | ||||
About Om Power Transmission IPO
Incorporated in June 2011, Om Power Transmission Limited is a power transmission infrastructure engineering, procurement, and construction (EPC) company with over 14 years of experience.
The company's expertise lies in the execution of high-voltage (“ HV”) and extra-high voltage (“EHV”) transmission lines, substations and underground cabling projects delivered on a turnkey basis, encompassing design, engineering, supply, erection, installation, testing, commissioning, and comprehensive operation and maintenance (“O&M”) services.
The company is certified under ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015.
As of December 31, 2025, the unexecuted Order Book comprised 58 projects amounting to ₹ 74,460.27 lakhs, including 51 EPC projects and 7 O&M contracts.
As of December 31, 2025, the company is operating and maintaining 124 substations.
As of December 31, 2025, the company had 1,164 permanent employees.
Business Verticals:
- Transmission Line EPC Projects
- Substation EPC Projects
- Underground Cable Projects
- Operation and Maintenance Services
Competitive Strengths:
- Track record of execution capabilities and timely completion of projects
- Strong Order Book across business verticals
- Strong and consistent financial performance
- Experienced Promoters and Senior Management team, having domain knowledge
Strength Of Om Power Transmission IPO
- Track record of execution capabilities and timely completion of projects
- Strong Order Book across business vertical.
- Strong and consistent financial performance
- Experienced Promoters and Senior Management team, having domain knowledge
Risk Of Om Power Transmission IPO
- Majority of the company's projects have been awarded through competitive bidding process. Failures to qualify for, compete or win new contracts could negatively impact its business, potentially affecting the company's financial condition, operational results, growth prospects, and cash flow stability.
- The company's project portfolio and revenue generation has historically been concentrated in the state of Gujarat. This regional concentration could expose the Company to economic, cultural, geopolitical and local market risks.
- As at the nine months period ended December 31, 2025 and as at end of Fiscals 2025, 2024, and 2023, the company's trade receivables amounted to Rs. 14,406.60 lakhs, Rs. 9,011.20 lakhs, Rs. 6,989.09 lakhs, and Rs. 5,781.65 lakhs, respectively, out of which Rs. 1,126.02 lakhs, Rs. 861.99 lakhs, Rs. 1,367.77 lakhs, and Rs. 487.46 lakhs, aggregating to 7.82%, 9.57%, 19.57%, and 8.43%, respectively, of its total trade receivables (excluding expected credit loss allowance) was outstanding for a period exceeding six months from their respective due dates of payments. The company may not be able to collect receivables due from its customers, in a timely manner, or at all, which may adversely affect its business, financial condition, results of operations and cash flows.
- The company's Promoters and members of Promoter Group will continue to retain a majority shareholding in the Company after the Offer, which will allow them to exercise significant influence over the company.
- The company's business typically requires significant amounts of working capital and historically, the company's business growth has been dependent on high working capital requirements. The company's working capital as a percentage of (i) total assets was 62.42%, 56.64%,55.05%, and 53.65% as at the nine months period ended December 31, 2025 and as at Fiscal 2025, Fiscal 2024, and Fiscal 2023, respectively, and (ii) revenue was 54.58%, 30.44%, 35.50%, and 46.92% as at the nine months period ended December 31, 2025 and Fiscal 2025, Fiscal 2024, and Fiscal 2023, respectively, and the company's working capital turnover ratio in nine months period ended December 31, 2025 and Fiscal 2025, Fiscal 2024, and Fiscal 2023 was 1.83, 3.29, 2.82, and 2.13, respectively. If the company experience insufficient cash flows or are unable to access suitable financing to meet working capital requirements and loan repayment obligations, the company's business, financial condition and results of operations could be adversely affected.
- The company's business is primarily dependent on tenders from public sector undertakings, which account for approximately 83.74%, 84.21%, 87.48% and 65.77% of its Order Book for the nine months period ended December 31, 2025 and Fiscals 2025, 2024 and 2023, respectively. However, delays or a lack of tenders from public sector undertakings, along with adverse changes in government policies, could materially impact the company's business through contract foreclosures, terminations, restructurings, or renegotiations, affecting its operations and financial performance.
- The company has Order Book of Rs. 74,460.27 lakhs as on December 31, 2025. However, the company's Order Book may not be representative of its future results, as projects included in our Order Book particularly for the projects where we are the lowest bidder, may be cancelled, modified, or delayed beyond the company's control, leading to significant deviations from estimated income and adversely affecting its business, reputation, financial condition, and future prospects.
- The company is dependent on the company's top ten customers who contribute to more than 97.65%, 95.68%, 97.66% and 96.76% of its revenue from operations for the nine months period ended December 31, 2025 and in Fiscals 2025, 2024 and 2023, respectively and the loss of any of these customers or a significant reduction in purchases by any of them could adversely affect its business, results of operations and financial condition.
- The majority of the company's Order Book and our revenues are from the transmission lines sector. Significant social, political, or economic changes in this sector could adversely affect its business, results of operations, financial condition, and cash flows.
- The company has experienced negative net cash flow from operating, investing and financing activities in the past years and may continue to do so in future, which could have a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.
Objectives Om Power Transmission IPO
1. Funding of capital expenditure requirements of the Company towards purchase of machinery and equipment
2. Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company
3. Funding long-term working capital requirement of the Company
4. General Corporate Purposes
5. Total
Company Contact Details
Om Power Transmission Ltd.
703 to 706,
7th Floor, Fortune Business Hub,
Nr. Shell Petrol Pump, Science City Road, Sola,
Ahmedabad, Gujarat, 380060
Phone: +9175748 80021
Email: cs@optl.in
Website: http://www.ompowertransmission.com/
Registrar Contact Details
Om Power Transmission FAQs
The Om Power Transmission IPO is a MAINBOARD public issue comprising 8575000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹150.06 Cr. The issue price has been fixed at ₹175 per equity share, and the minimum application size is 85 shares.
The IPO opens for subscription on 09 Apr 2026, and closes on 13 Apr 2026.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹2 (1.14%).

