Om Power Transmission IPO: What investors should know about strengths, risks and financials

Om Power Transmission's ₹150.06 crore IPO, which has set a price band of ₹166 to ₹175 per share, will be open from April 9 to April 13. A lot consists of 85 shares.

The issue is a mix of a fresh issue of shares valued at ₹132.56 crore and an offer for sale of 17.50 crore by promoters Kanubhai Patel, Vasantkumar Narayanbhai Patel and Kalpesh Dhanjibhai Patel.

As the Om Power Transmission IPO is less than 24 hours away, here's a look at its strengths, risks and finances.

Om Power Transmission IPO: Strengths

• Om Power Transmission has a strong order book across business verticals. As of the nine months ended December 31, 2025, its order book stood at ₹744.60 crore as of December 2025, up 68.58% from ₹441.68 crore at the end of the fiscal year 2025.
• The company has posted strong and consistent financial performance. Its revenue from operations increased from ₹120.23 crore in FY23 to ₹279.43 crore in FY25, representing a CAGR of 52.45%.
• It has experienced promoters and a senior management team who have deep domain expertise and extensive experience in the power transmission infrastructure sector.
• The company has a track record of execution capabilities and timely completion of projects.

Om Power Transmission IPO: A look at its risks

• The majority of Om Power Transmission's projects have been awarded through a competitive bidding process. Failure to qualify for, compete or win new contracts could negatively affect its business, potentially impacting financial condition.
• Its project portfolio and revenue generation have historically been concentrated in Gujarat. The regional concentration can expose the firm to economic, geopolitical and local market risks.
• Om Power Transmission's promoters and members of the promoter group will continue to keep a majority shareholding in the company after the IPO, which will allow them to exercise significant influence over the firm.
• The company's business is mainly dependent on tenders from PSUs, which account for around 84.21%, 87.48% and 65.77% of its order book for fiscals 2025, 2024 and 2023, respectively.

Om Power Transmission IPO: Financials

Om Power Transmission IPO GMP

According to investorgain.com and media reports, unlisted shares of Om Power Transmission are trading at ₹176.5, reflecting a grey market premium (GMP) of 0.86% compared to the upper price band of ₹175.