How to check allotment status
Investors can check their allotment status through the registrar, MUFG Intime India, by entering PAN, application number or DP ID on its website. Alternatively, the status can be accessed on the BSE website under the IPO allotment section using similar details.
To check via MUFG Intime India:
Visit https://www.mufgintime.com/ipo/
Select Om Power Transmission from the dropdown.
Enter your PAN or application number and click on Submit to view allotment status.
On the BSE website (https://www.bseindia.com/investors/appli_check.aspx)Choose Equity, select Om Power Transmission and enter your application details or PAN.
Subscription signals selective demand
The IPO saw uneven demand across categories. Qualified institutional buyers subscribed the issue 3.65 times, while non-institutional investors bid aggressively with 7.06 times subscription. Retail participation, however, remained relatively muted at 1.54 times, keeping overall subscription at 3.33 times.
The trend points to selective interest rather than a broad-based rush, which typically drives strong listing gains.
GMP indicates cautious listing outlook
Grey market premium (GMP) trends have remained largely subdued at just 1% over issue price, suggesting expectations of a flat to modest listing. The absence of strong retail oversubscription and limited secondary market buzz further reinforce expectations of a muted debut.
Analysts say listing performance will largely hinge on broader sentiment, especially given ongoing volatility linked to global macro factors.
Issue details and pricing
The IPO was priced in the band of Rs 166–175 per share, with the final issue price fixed at Rs 175. It comprised a mix of fresh issue and offer for sale, with a total issue size of Rs 150 crore.
Business profile and order visibility
Om Power Transmission operates as an EPC contractor in the power transmission segment, executing high-voltage and extra-high-voltage transmission lines, substations and underground cabling projects on a turnkey basis.
The company also undertakes operation and maintenance contracts and had an unexecuted order book of about ₹744 crore as of December 2025, providing visibility into near-term revenues.
Financial performance
The company has reported steady growth in recent years. Profit after tax stood at Rs 23.37 crore for the nine months ended December 2025, compared to Rs 22.08 crore in FY25 and Rs 7.41 crore in FY24. Revenue growth has been supported by execution across multiple EPC projects, though margins remain typical of the segment.
Outlook
With moderate subscription, subdued GMP and valuations seen as largely pricing in near-term positives, the listing outlook remains cautious. Investors will be watching execution momentum and order inflows closely after listing.