- By Aditya Pratap Singh
- Mon, 13 Apr 2026 06:45 PM (IST)
- Source:JND
IPO Subscription Status Update: The initial public offering (IPO) of Om Power Transmission Ltd concluded on Monday, receiving a 3.33 times total subscription on the closing day. According to official data, the Rs 150-crore initial share sale of power infrastructure company received bids for 1,99,65,140 shares against 60,02,730 shares on offer.
Subscription Status
- The shares reserved for non-institutional investors were subscribed 7.06 times.
- The qualified institutional buyers (QIBs) quota received 3.65 times the subscription.
- The retail individual investors (RIIs) section got 1.54 times the subscription.
Om Power Transmission GMP
Despite a decent subscription, the company's share demand remained due to the grey market. Om Power Transmission IPO GMP today is Rs 1, according to Investorgain. With this, the shares are expected to list at Rs 176, almost flat as compared to the IPO share price of Rs 175.00.
IPO Details
Issue Size: The company aims to raise Rs 150.06 crore through the book-building process. The IPO is a combination of fresh issue of shares worth Rs 132.56 crores and offer for sale of 0.10 crore shares aggregating to Rs 17.50 crores.
Om Power Transmission IPO Price Band: The price band was set at Rs 166 to Rs 175 per share.
Bidding Dates: The IPO was open for subscription between April 9, 2026, and April 13, 2026.
Share Allotment Date: The share allotment process is expected to be completed on April 15.
Listing Date: The shares are likely to make their market debut on April 17 on NSE and BSE.