Om Power Transmission IPO Opens April 9 with ₹166–175 Price Band; ₹150 Crore Issue Targets Expansion – EQ
In Short : Om Power Transmission has fixed the IPO price band at ₹166–175 per share, with the public issue opening April 9 and closing April 13. The ₹150 crore offering includes fresh shares and an offer-for-sale. Proceeds will fund capex, debt repayment, and working capital, while the listing is expected on April 17.
In Detail : Om Power Transmission has announced its initial public offering with a price band of ₹166 to ₹175 per equity share, marking its entry into the primary market. The public issue is scheduled to open for subscription on April 9 and will close on April 13, with anchor investor allocation planned ahead of the opening.
The IPO is expected to raise approximately ₹150 crore through a combination of fresh issue and offer-for-sale. The fresh issue component comprises around 75.75 lakh shares, while promoters will offload about 10 lakh shares through the offer-for-sale portion, providing partial liquidity and broadening public shareholding.
Investors can apply in a minimum lot size of 85 equity shares and in multiples thereafter. At the upper price band, the minimum investment requirement for retail investors works out to ₹14,875, making it accessible for individual participants in the primary market.
The company plans to utilize the proceeds primarily for capital expenditure, including purchase of machinery and equipment required for execution of transmission infrastructure projects. Additional funds will be used for repayment or prepayment of certain borrowings and to support long-term working capital requirements.
Om Power Transmission operates as a power transmission infrastructure engineering, procurement, and construction company. The firm specializes in high-voltage and extra-high voltage transmission lines, substations, and underground cabling projects across multiple regions.
The company has built a diversified project portfolio spanning EPC contracts and operations and maintenance services. As of December 2025, the firm reported a strong order book comprising dozens of ongoing projects, highlighting revenue visibility and execution pipeline for the coming years.
The issue allocation structure follows standard regulatory norms, with up to 50% reserved for qualified institutional buyers, at least 15% for non-institutional investors, and not less than 35% earmarked for retail investors. This distribution aims to ensure balanced participation across investor categories.
Following the subscription period, the basis of allotment is expected to be finalized on April 15. Refunds are likely to be initiated on April 16, and shares will be credited to successful applicants’ demat accounts the same day.
The company is expected to list on both NSE and BSE around April 17, subject to completion of post-issue formalities. The listing will mark a key milestone for the EPC player as it seeks to scale operations, strengthen balance sheet flexibility, and capitalize on growing transmission infrastructure demand.
