Om Power Transmission Limited IPO Opens on April 09, 2026
Total Offer Size – Up To 85,75,000 Equity Shares of ₹ 10 each
Fresh Issue – Up To 75,75,000 Equity Shares
Offer For Sale – Up To 10,00,000 Equity Shares
IPO Size: ₹ 15,006.25 Lakhs
Price Band – ₹ 166 – ₹ 175 per Share
Lot Size – 85 Equity Shares
Mumbai, April 07, 2026 ( TGN ) – Om Power Transmission Limited (the “Company”), a power transmission infrastructure engineering, procurement, and construction (“EPC”) company engaged in executing high-voltage (“HV”) and extra-high voltage (“EHV”) transmission lines, substations, underground cabling projects, and providing comprehensive operation and maintenance (“O&M”) services proposes to open its Initial Public Offering on April 09, 2026, with Equity Shares to be listed on the National Stock Exchange of India Limited and BSE Limited (collectively, “Stock Exchanges”).
The IPO will comprise up to 85,75,000 equity shares with a face value of ₹ 10 each (“Equity Shares”), comprising of a fresh issue aggregating up to 75,75,000 Equity Shares (“Fresh Issue”) and an offer for sale of up to 10,00,000 Equity Shares (“Offer for Sale” and together with the Fresh Issue, the “Offer” or “IPO”).
The Total Offer Size is up to 85,75,000 Equity Shares with a price band of ₹ 166 – ₹ 175 per Share.
Equity Share Allocation
Qualified Institutional Buyer – Not more than 42,87,175 Equity Shares
Non-Institutional Investors – Not less than 12,86,475 Equity Shares
Individual Investors – Not less than 30,01,350 Equity Shares
The net proceeds from the Offer will be utilized for funding of capital expenditure requirements of the Company towards purchase of machinery and equipment, pre-payment/ re-payment, in part or full, of certain outstanding borrowings, funding long-term working capital requirement and the general corporate purposes. The anchor bidding is on April 08, 2026. The Offer will open on Thursday, April 09, 2026 and close on Monday, April 13, 2026.
The Book Running Lead Manager to the Offer is Beeline Capital Advisors Private Limited, and the Registrar to the Offer is MUFG Intime India Private Limited (formerly Link Intime India Private Limited).
Mr. Kalpesh Dhanjibhai Patel, Chairman and Executive Director of the Company expressed, “The Company has progressed over the years as an EPC company focused on power transmission infrastructure, with experience in transmission lines, substations, underground cabling and O&M services. The business of the Company has expanded through execution of projects for utilities and infrastructure-led demand, supported by a growing order book and operational capabilities.
The proposed Initial Public Offering represents an important step in the Company’s growth journey. The IPO is expected to support the Company’s next phase of growth by strengthening operational capabilities, enhancing execution capacity and supporting participation in larger and more complex projects. This is expected to enable the Company to expand its presence in the power transmission and grid infrastructure space, in line with its growth plans.”
About Om Power Transmission Limited:
The Company has over 14 years of experience as a Gujarat-based power transmission infrastructure EPC company, with demonstrated capabilities in delivering high-voltage (“HV”) and extra-high voltage (“EHV”) transmission lines, substations and underground cabling projects. The Company’s expertise covers the complete EPC value chain including design, engineering, procurement, supply, construction, installation, and commissioning of transmission lines ranging from 11 kV to 400 kV, as well as substation projects ranging from 66 kV to 220 kV.
Since commencement of operations in 2011 in the state of Gujarat, the Company has commissioned transmission lines, substations and underground cables covering in aggregate over 1,000 circuit kilometers (“CKM”) of transmission lines and 11 substations respectively. The Company’s EPC capabilities extend to transmission lines ranging from 11 kilovolts (“kV”) to 400 kV and substations up to 220 kV, with a successful track record of completing the projects within timeline.
The operational growth of the Company has been reflected in its strong financial performance, with the revenue from operations increasing from ₹ 12,023.63 lakhs in Fiscal 2023 to ₹ 27,943.51 lakhs in Fiscal 2025, representing a CAGR of 52.45%.
The profit for the year of the Company grew from ₹ 623.72 lakhs in Fiscal 2023 to ₹ 2,208.48 lakhs in Fiscal 2025, representing a CAGR of 88.17%.
During nine-months period ended December 31, 2025, the revenue from operations, profit after taxes and EBITDA of the Company was ₹ 27,454.28 lakhs, ₹ 2,336.80 lakhs and ₹ 3,424.45 lakhs, respectively.
