Om Power Transmission IPO GMP: Last day to invest, grey market signals strong buzz – Should you bet on it? – Markets

Om Power Transmission IPO GMP: Last day to invest, grey market signals strong buzz - Should you bet on it? - Markets


Om Power Transmission IPO GMP: Today, April 13, is the last day to invest in the initial public offering (IPO) of Om Power Transmission, a power transmission infrastructure engineering, procurement, and construction (EPC) company.

The subscription window for this IPO opened on April 9. The IPO was subscribed 0.71 times on the second day. As of 11:15 am today, the third day, the IPO was subscribed 0.84 times.

This IPO of Rs 150 crore includes a fresh issue of Rs 133 crore and an offer for sale (OFS) of Rs 17 crore. Investors will also be curious to know the status of the IPO in the grey market. It’s worth noting that the GMP for this IPO is currently sluggish.

The issue price band for the Om Power Transmission IPO is fixed at Rs 166 to Rs 175 per share. The lot size for a single application is 85 shares. The minimum investment required for a retail investor is Rs 14,875 (85 shares).

Om Power Transmission IPO GMP: What is the status of GMP?

According to various websites tracking the IPO’s grey market premium (GMP), its GMP on Monday fell to Rs 2 from its previous close, which was last updated at 9:57 am on April 13, 2026. With a price band of Rs 175, Om Power Transmission’s IPO is expected to list at Rs 177 (cap price + today’s GMP). The expected percentage gain/loss per share is 1.14 per cent.

Om Power Transmission IPO: Day 3 of subscription

On the first day, the IPO was subscribed to 39 per cent of the 60.02 lakh shares on offer. The retail segment performed slightly better, with 30 per cent subscription. The IPO, worth Rs 150.06 crore, saw a subscription of 0.71 times on the second day. As of 11:15 am today, the third day, the IPO has been subscribed 0.84 times. The public issue was subscribed to 0.79 times in the retail category, 1.18 times in the QIB (excluding anchor), and 0.53 times in the NII category.

Om Power Transmission IPO: When will the allotment of shares take place?

The allotment of this IPO is expected to be finalised on April 15, 2026.

Om Power Transmission IPO: When will the shares be listed on the market?

The shares are likely to be listed on April 17 on both the National Stock Exchange of India and the BSE Limited

About Om Power Transmission

Established in June 2011, Om Power Transmission Limited is a power transmission infrastructure engineering, procurement, and construction (EPC) company with over 14 years of experience. The company specialises in the execution of high-voltage (HV) and extra-high voltage (EHV) transmission lines, substations, and underground cabling projects. These projects are completed on a turnkey basis, including design, engineering, supply, erection, installation, testing, commissioning, and comprehensive operations and maintenance (O&M) services.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *