Om Power Transmission Ltd IPO

About the Company

Om Power Transmission Limited is an engineering, procurement, and construction company engaged in power transmission infrastructure projects. The company specializes in turnkey execution of high-voltage and extra high-voltage transmission lines, substations, underground cabling, and industrial power distribution projects.

The company is based in Ahmedabad and has more than 14 years of experience in the power transmission sector. Over the years, it has executed more than 1,000 circuit kilometers of transmission lines and commissioned 11 substations across various voltage levels ranging from 11 kV to 400 kV.

Om Power Transmission IPO Details

The IPO is a book-built issue worth around ₹150.06 crore. The issue consists of a fresh issue of 75.75 lakh equity shares along with an offer for sale component.

The price band for the IPO is fixed at ₹166 to ₹175 per share. Investors can apply in a lot size of 85 shares, requiring a minimum investment of around ₹14,875 at the upper price band.

The IPO opens on 9 April 2026 and closes on 13 April 2026. The shares are proposed to be listed on both NSE and BSE.

Objects of the Issue

The company plans to use the IPO proceeds for the following purposes:

• Purchase of machinery and equipment

• Repayment of borrowings

• Long-term working capital requirements

• General corporate purposes

Financial Data

Revenue

The company’s revenue increased from ₹121.71 crore in FY2023 to ₹184.39 crore in FY2024. In FY2025, revenue further jumped to ₹281.65 crore.

Profit After Tax

Profit after tax stood at ₹6.24 crore in FY2023 and increased to ₹7.41 crore in FY2024. In FY2025, profit rose sharply to ₹22.08 crore.

EBITDA

EBITDA improved from ₹13.40 crore in FY2023 to ₹16.10 crore in FY2024. In FY2025, EBITDA reached ₹37.87 crore.

Assets and Net Worth

The company’s total assets stood at ₹105.14 crore in FY2023, ₹117.85 crore in FY2024, and ₹150.17 crore in FY2025.

Net worth as of FY2025 stood at around ₹72.65 crore.

Strengths of Om Power Transmission

One of the major strengths of the company is its strong order book and visibility of future revenue. As of January 2025, the company had an unexecuted order book worth around ₹338 crore, providing revenue visibility for the next 24 to 30 months.

Later reports also indicated that the order book had increased to more than ₹776 crore, reflecting strong demand from utilities and public sector clients.

The company benefits from increasing government spending on power infrastructure, transmission networks, renewable energy connectivity, and rural electrification.