Om Power Transmission IPO allotment: How to check status online on NSE, BSE, MUFG Intime India; listing date, time revealed

Om Power Transmission IPO: The basis of allotment of Om Power Transmission is expected to be finalised on Wednesday, April 15. The bid finalisation details will be out on the websites of the NSE, the BSE and the registrar, MUFG Intime India.

The initial public offering was subscribed 3.33 times, with bids for 1,99,71,260 shares as against 60,02,730 shares on offer, according to the BSE data.

The initial share sale sought to raise ₹150.06 crore via new issuance of 75.75 lakh shares valued at ₹132.56 crore and an offer for sale (OFS) component of ₹17.50 crore.

The money generated will be utilised for capital expenditure requirements for the purchase of machinery and equipment, long-term working capital needs, loan repayment and general corporate purposes.

With a price band of ₹166 to ₹175 per share, a lot consisted of 85 shares.

Om Power Transmission is an engineering, procurement and construction (EPC) company operating in the power transmission sector.

Om Power Transmission IPO allotment date and time

Om Power Transmission IPO allotment is likely to be finalised on Wednesday, April 15, by late evening.

How to check Om Power Transmission IPO allotment status online on NSE

• Go to this link: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Pick ‘Equity & SME IPO bid details’
• Pick 'OMPOWER' from the 'IPO Symbol' list
• Add your PAN and application number
• Hit the 'Submit' button

Steps to check Om Power Transmission IPO allotment status online on BSE

• Visit BSE's IPO status link: https://bseindia.com/investors/appli_check.aspx.
• Keep issue type as ‘Equity’
• From the ‘Issue Name’ list, pick ‘Om Power Transmission Ltd’
• Mention either your PAN or IPO application number
• Press the ‘Search’ button

Om Power Transmission IPO allotment status online on MUFG Intime India

• Head to this page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Pick ‘Om Power Transmission’ from IPO names
• Add any one of the following: DP/Client ID, Application No, Account No/IFSC or PAN
• Click on the ‘Submit’ button

Om Power Transmission IPO listing date and time

Shares of Om Power Transmission will be listed on the NSE and the BSE on Friday, April 17, at 10 am.

Om Power Transmission IPO GMP

According to investorgain.com and media reports, unlisted shares of Om Power Transmission Ltd are trading at ₹176.3, reflecting a grey market premium (GMP) of 0.74% compared to the upper price band of ₹175.