Om Power Transmission IPO Subscribed 0.39 Times on Day 1
Last Updated: 9th April 2026 - 05:35 pm
Om Power Transmission Limited's initial public offering (IPO) opened for subscription on April 9, 2026, recording an overall subscription of 0.39 times by 4:49 PM on Day 1. The ₹150.06 crore book-build issue, priced at ₹166 to ₹175 per share, received bids for 23,61,555 shares against 60,02,730 shares on offer, with total applications reaching 8,001.
Subscription Status of Om Power Transmission IPO
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 (April 9) | 0.78 | 0.11 | 0.29 | 0.39 |
Here are the subscription details for Om Power Transmission Day 1, as of 5:04 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| Anchor Investors | 1.00 | 25,72,270 | 25,72,270 | 45.02 |
| QIB (Ex-Anchor) | 0.78 | 17,15,230 | 13,37,220 | 23.40 |
| NII | 0.11 | 12,86,250 | 1,46,200 | 2.56 |
| Retail | 0.29 | 30,01,250 | 8,78,135 | 15.37 |
| Total | 0.39 | 60,02,730 | 23,61,555 | 41.33 |
Key Highlights – Day 1
- Overall subscription reached 0.39 times on Day 1 (April 9, 2026), reflecting moderate initial investor interest in this power transmission EPC IPO.
- Qualified institutional buyers (ex-anchor) showed the strongest opening participation at 0.78 times, indicating near-full institutional interest on the opening day.
- Retail investors recorded 0.29 times on Day 1.
- Non-institutional investors showed subdued participation at 0.11 times, with sNII at 0.16 times and bNII at 0.09 times on Day 1.
- Anchor investors fully subscribed their allocation of ₹45.02 crores on April 8, 2026.
About Om Power Transmission Limited
Incorporated in June 2011, Om Power Transmission Limited is a power transmission EPC company with over 14 years of experience in high-voltage and extra-high voltage transmission lines, substations, and underground cabling projects on a turnkey basis. The company is certified under ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015, and as of December 31, 2025, held an unexecuted order book of ₹74,460.27 lakhs across 58 projects, operated and maintained 124 substations, and employed 1,164 permanent employees.
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