Anil Bedag
Mumbai: In a significant development for India’s infrastructure space, Om Power Transmission Limited has launched its Initial Public Offering (IPO), opening for subscription on April 9, 2026, and closing on April 13. The anchor investor bidding concluded a day earlier on April 8.
A prominent player in Engineering, Procurement and Construction (EPC) services, the company is entering the capital markets to fuel its next phase of growth. The IPO is priced in the band of ₹166 to ₹175 per share, with a lot size of 85 shares, making it accessible to both retail and institutional investors.
The issue, estimated at around ₹150 crore, comprises a combination of fresh issue and offer for sale. Proceeds will be utilised for capital expenditure including machinery purchase, debt repayment, working capital needs, and general corporate purposes.
Chairman Kalpesh Dhanjibhai Patel said the IPO will enhance financial strength and enable the company to undertake larger projects, aligning with the rapid growth in India’s power sector.
