Om Power Transmission IPO Last Day Today: Subscription At 0.73x, GMP Flat; Should You Subscribe?

Today is the final chance for investors to subscribe to Om Power Transmission IPO, which is closing today, April 13. The IPO, which opened for bidding on April 9th, has seen a moderate response so far, with overall subscription at 0.73 times on Day 3 as of 9:54 AM.

Om Power Transmission IPO Subscription Status Today

On the final day of bidding, the Om Power Transmission IPO subscription status shows mixed demand across investor categories. While institutional investors have shown relatively stronger participation, retail and non-institutional investors are yet to fully subscribe to their portions. The retail category has been subscribed 0.62 times, while the NII segment stands at 0.38 times. The QIB portion, however, has crossed the 1x mark at 1.18 times.

Om Power Transmission IPO Details

The Om Power Transmission IPO is a book-built issue worth Rs. 150.06 crore. It comprises a fresh issue of 0.76 crore shares aggregating to Rs. 132.56 crore and an offer for sale of 0.10 crore shares worth Rs. 17.50 crore.

The IPO opened for subscription on April 9 and closes today, April 13. The allotment is expected to be finalised on April 15, while the tentative listing date is April 17, 2026. The shares will be listed on both BSE and NSE.

The price band for the issue is fixed at Rs. 166 to Rs. 175 per share. The minimum investment required for retail investors is Rs. 14,875 for one lot of 85 shares.

Om Power Transmission IPO GMP Today

As per latest market trends, Om Power Transmission IPO GMP today stands at Rs. 2 as of today. Based on the upper price band of Rs. 175, the estimated listing price stands at around Rs. 177, indicating a potential gain of approximately 1.14 percent per share.
The flat GMP trend suggests that the grey market is not expecting strong listing gains, and investor sentiment remains cautious in the short term.

Should You Subscribe to Om Power Transmission IPO?

Brokerage Firm SBI Securities has given a 'Subscribe' rating for long-term investors.

According to SBI Securities,"The company has shown strong financial growth, with revenue, EBITDA, and profit after tax growing at a CAGR of 52 percent, 73 percent, and 88 percent respectively between FY23 and FY25. Additionally, India's power transmission sector is expected to grow significantly from USD 125 billion in FY24 to USD 280 billion by FY30, offering strong tailwinds for the company."

"At the upper price band of Rs 175, the issue is valued at a P/E of 27.1x/19.2x based on FY25 and annualized 9MFY26 earnings, respectively, on a post‑issue basis. We recommend investors to SUBSCRIBE to the issue at the cut-off price for a long-term investment horizon." the report mentioned.

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