Om Power Transmission IPO: Issue Opens April 9, Price Band Set

06 crore from the primary market. According to the red herring prospectus, the price band for the issue has been fixed between ₹166 and ₹175 per equity share. The bidding process for the public issue will conclude on April 13, 2025, marking a significant entry for the company into the mainboard segment of the stock exchanges.

IPO Structure and Key Dates

50 crore. Investors can bid for a minimum lot size of 85 shares. Following the subscription period, the basis of allotment is expected to be finalized on April 15, 2025. The equity shares are proposed to be listed on both the BSE and NSE on April 17, 2025.

Business Operations and Promoters

Om Power Transmission operates as an Engineering, Procurement, and Construction (EPC) company specializing in power transmission infrastructure. The firm focuses on the execution of high-voltage and extra-high-voltage transmission lines, substations, and underground cabling projects, while these projects are typically executed on a turnkey basis, encompassing design, engineering, supply, installation, testing, and commissioning. The company also provides operations and maintenance (O&M) services. The promoters of the company are Kalpesh Dhanjibhai Patel, Kanubhai Patel, and Vasantkumar Narayanbai Patel.

Financial Performance and Debt Profile

50 crore for the period between April and December 2025.37 crore. 65 crore with a net profit of ₹22 crore. 47 crore.

Utilization of IPO Proceeds

The capital raised through the fresh issue component of the IPO is designated for specific corporate requirements. According to the company, the funds will be utilized for the purchase of new machinery and equipment to enhance operational capacity. On top of that, a portion of the proceeds will be directed toward the full or partial repayment of existing borrowings. The remaining funds are earmarked for meeting long-term working capital requirements and general corporate purposes.

Lead Managers and Investor Reservation

Beeline Capital Advisors Private Limited is acting as the book-running lead manager for the public issue, while MUFG Intime India Private Limited has been appointed as the registrar. The IPO structure reserves 50% of the net issue for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and the remaining 35% for Retail Individual Investors. This allocation follows the standard regulatory framework for mainboard public offerings.