Om Power Transmission Limited, an engineering, procurement, and construction (EPC) company in the power transmission sector, has opened its Initial Public Offering (IPO) today, April 9, 2026. The issue will remain open until April 13, 2026, with the company proposing to list its equity shares on the National Stock Exchange of India Limited and BSE Limited.
The IPO comprises up to 85.75 lakh equity shares with a face value of ₹10 each, including a fresh issue of 75.75 lakh shares and an offer for sale of up to 10 lakh shares. The price band has been fixed at ₹166–₹175 per share, while anchor bidding was conducted on April 8, 2026.
The allocation structure includes up to 50% for Qualified Institutional Buyers, at least 15% for Non-Institutional Investors, and a minimum of 35% for Retail Individual Investors.
The proceeds from the issue are proposed to be utilized towards capital expenditure for machinery and equipment, repayment or prepayment of certain borrowings, funding long-term working capital requirements, and general corporate purposes.
The company operates across high-voltage (HV) and extra-high voltage (EHV) transmission lines, substations, and underground cabling projects, along with providing operation and maintenance services. Its growth has been supported by infrastructure demand and a strong order book.
Beeline Capital Advisors Private Limited is acting as the Book Running Lead Manager, while MUFG Intime India Private Limited is the registrar to the issue.
Chairman and Executive Director Kalpesh Dhanjibhai Patel said the IPO marks a key milestone and is expected to support the company’s next phase of growth and expansion into larger transmission projects.
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