Om Power Transmission Limited IPO Opens on April 09, 2026

Total Offer Size - Up To 85,75,000 Equity Shares of ₹ 10 each

Fresh Issue - Up To 75,75,000 Equity Shares

Offer For Sale - Up To 10,00,000 Equity Shares

IPO Size: ₹ 15,006.25 Lakhs

Price Band - ₹ 166 - ₹ 175 per Share

Lot Size – 85 Equity Shares  

Mumbai, April 07, 2026 – Om Power Transmission Limited (the “Company”), a power transmission infrastructure engineering, procurement, and construction (“EPC”) company engaged in executing high-voltage (“HV”) and extra-high voltage (“EHV”) transmission lines, substations, underground cabling projects, and providing comprehensive operation and maintenance (“O&M”) services proposes to open its Initial Public Offering on April 09, 2026, with Equity Shares to be listed on the National Stock Exchange of India Limited and BSE Limited (collectively, “Stock Exchanges”). 

The IPO will comprise up to 85,75,000 equity shares with a face value of ₹ 10 each (“Equity Shares”), comprising of a fresh issue aggregating up to 75,75,000 Equity Shares (“Fresh Issue”) and an offer for sale of up to 10,00,000 Equity Shares (“Offer for Sale” and together with the Fresh Issue, the “Offer” or “IPO”). 

The Total Offer Size is up to 85,75,000 Equity Shares with a price band of ₹ 166 - ₹ 175 per Share. 

Equity Share Allocation

Qualified Institutional Buyer – Not more than 42,87,175 Equity Shares

Non-Institutional Investors – Not less than 12,86,475 Equity Shares

Individual Investors – Not less than 30,01,350 Equity Shares

The net proceeds from the Offer will be utilized for funding of capital expenditure requirements of the Company towards purchase of machinery and equipment, pre-payment/ re-payment, in part or full, of certain outstanding borrowings, funding long-term working capital requirement and the general corporate purposes. The anchor bidding is on April 08, 2026. The Offer will open on Thursday, April 09, 2026 and close on Monday, April 13, 2026.

The Book Running Lead Manager to the Offer is Beeline Capital Advisors Private Limited, and the Registrar to the Offer is MUFG Intime India Private Limited (formerly Link Intime India Private Limited).

Mr. Kalpesh Dhanjibhai Patel, Chairman and Executive Director of the Company expressed, “The Company has progressed over the years as an EPC company focused on power transmission infrastructure, with experience in transmission lines, substations, underground cabling and O&M services. The business of the Company has expanded through execution of projects for utilities and infrastructure-led demand, supported by a growing order book and operational capabilities.

The proposed Initial Public Offering represents an important step in the Company's growth journey. The IPO is expected to support the Company’s next phase of growth by strengthening operational capabilities, enhancing execution capacity and supporting participation in larger and more complex projects. This is expected to enable the Company to expand its presence in the power transmission and grid infrastructure space, in line with its growth plans.”

About Om Power Transmission Limited:

The Company has over 14 years of experience as a Gujarat-based power transmission infrastructure EPC company, with demonstrated capabilities in delivering high-voltage (“HV”) and extra-high voltage (“EHV”) transmission lines, substations and underground cabling projects. The Company’s expertise covers the complete EPC value chain including design, engineering, procurement, supply, construction, installation, and commissioning of transmission lines ranging from 11 kV to 400 kV, as well as substation projects ranging from 66 kV to 220 kV.

Since commencement of operations in 2011 in the state of Gujarat, the Company has commissioned transmission lines, substations and underground cables covering in aggregate over 1,000 circuit kilometers (“CKM”) of transmission lines and 11 substations respectively. The Company’s EPC capabilities extend to transmission lines ranging from 11 kilovolts (“kV”) to 400 kV and substations up to 220 kV, with a successful track record of completing the projects within timeline.

The operational growth of the Company has been reflected in its strong financial performance, with the revenue from operations increasing from ₹ 12,023.63 lakhs in Fiscal 2023 to ₹ 27,943.51 lakhs in Fiscal 2025, representing a CAGR of 52.45%. 

The profit for the year of the Company grew from ₹ 623.72 lakhs in Fiscal 2023 to ₹ 2,208.48 lakhs in Fiscal 2025, representing a CAGR of 88.17%. 

During nine-months period ended December 31, 2025, the revenue from operations, profit after taxes and EBITDA of the Company was ₹ 27,454.28 lakhs, ₹ 2,336.80 lakhs and ₹ 3,424.45 lakhs, respectively. 

Disclaimer: 

The Company is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its Equity Shares and has filed the Red Herring Prospectus (“RHP”) with the Registrar of Companies (“RoC”), the Securities and Exchange Board of India (“SEBI”) and the Stock Exchanges on April 04, 2026 and addendums and corrigendums thereto. The RHP and addendums and corrigendums thereto shall be available on the website of SEBI at www.sebi.gov.in, and is available on the websites of the Stock Exchanges i.e. BSE and NSE at www.bseindia.com and www.nseindia.com, respectively, on the website of the Company at www.ompowertransmission.com and the website of the BRLM i.e., Beeline Capital Advisors Private Limited at www.beelinemb.com. Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see "Risk Factors” beginning on page 22 of the RHP. Potential investors should not rely on the RHP filed with the Roc, SEBI and the Stock Exchanges, and should instead rely on their own examination of our Company and the Offer, including the risks involved, for making any investment decision.

This press release is not for publication or distribution, directly or indirectly, into the United States. The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws in the United States and, unless so registered, may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws in the United States. Accordingly, the Equity Shares are being offered and sold outside the United States in "offshore transactions" as defined in and in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur. There will be no public offering of the Equity shares in the United States.

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Neither the Company nor the Promoters nor the Promoter Selling Shareholders are seeking an investment from you based on this press release. This press release is for information purposes only, and is not a promotional press release and does not constitute an invitation or offer to acquire, purchase or subscribe to the Equity Shares of the Company. 

 

Total Offer Size - Up To 85,75,000 Equity Shares of ₹ 10 each

Fresh Issue - Up To 75,75,000 Equity Shares

Offer For Sale - Up To 10,00,000 Equity Shares

IPO Size: ₹ 15,006.25 Lakhs

Price Band - ₹ 166 - ₹ 175 per Share

Lot Size – 85 Equity Shares  

Mumbai, April 07, 2026 – Om Power Transmission Limited (the “Company”), a power transmission infrastructure engineering, procurement, and construction (“EPC”) company engaged in executing high-voltage (“HV”) and extra-high voltage (“EHV”) transmission lines, substations, underground cabling projects, and providing comprehensive operation and maintenance (“O&M”) services proposes to open its Initial Public Offering on April 09, 2026, with Equity Shares to be listed on the National Stock Exchange of India Limited and BSE Limited (collectively, “Stock Exchanges”). 

The IPO will comprise up to 85,75,000 equity shares with a face value of ₹ 10 each (“Equity Shares”), comprising of a fresh issue aggregating up to 75,75,000 Equity Shares (“Fresh Issue”) and an offer for sale of up to 10,00,000 Equity Shares (“Offer for Sale” and together with the Fresh Issue, the “Offer” or “IPO”). 

The Total Offer Size is up to 85,75,000 Equity Shares with a price band of ₹ 166 - ₹ 175 per Share. 

Equity Share Allocation

Qualified Institutional Buyer – Not more than 42,87,175 Equity Shares

Non-Institutional Investors – Not less than 12,86,475 Equity Shares

Individual Investors – Not less than 30,01,350 Equity Shares

The net proceeds from the Offer will be utilized for funding of capital expenditure requirements of the Company towards purchase of machinery and equipment, pre-payment/ re-payment, in part or full, of certain outstanding borrowings, funding long-term working capital requirement and the general corporate purposes. The anchor bidding is on April 08, 2026. The Offer will open on Thursday, April 09, 2026 and close on Monday, April 13, 2026.

The Book Running Lead Manager to the Offer is Beeline Capital Advisors Private Limited, and the Registrar to the Offer is MUFG Intime India Private Limited (formerly Link Intime India Private Limited).

Mr. Kalpesh Dhanjibhai Patel, Chairman and Executive Director of the Company expressed, “The Company has progressed over the years as an EPC company focused on power transmission infrastructure, with experience in transmission lines, substations, underground cabling and O&M services. The business of the Company has expanded through execution of projects for utilities and infrastructure-led demand, supported by a growing order book and operational capabilities.

The proposed Initial Public Offering represents an important step in the Company's growth journey. The IPO is expected to support the Company’s next phase of growth by strengthening operational capabilities, enhancing execution capacity and supporting participation in larger and more complex projects. This is expected to enable the Company to expand its presence in the power transmission and grid infrastructure space, in line with its growth plans.”

About Om Power Transmission Limited:

The Company has over 14 years of experience as a Gujarat-based power transmission infrastructure EPC company, with demonstrated capabilities in delivering high-voltage (“HV”) and extra-high voltage (“EHV”) transmission lines, substations and underground cabling projects. The Company’s expertise covers the complete EPC value chain including design, engineering, procurement, supply, construction, installation, and commissioning of transmission lines ranging from 11 kV to 400 kV, as well as substation projects ranging from 66 kV to 220 kV.

Since commencement of operations in 2011 in the state of Gujarat, the Company has commissioned transmission lines, substations and underground cables covering in aggregate over 1,000 circuit kilometers (“CKM”) of transmission lines and 11 substations respectively. The Company’s EPC capabilities extend to transmission lines ranging from 11 kilovolts (“kV”) to 400 kV and substations up to 220 kV, with a successful track record of completing the projects within timeline.

The operational growth of the Company has been reflected in its strong financial performance, with the revenue from operations increasing from ₹ 12,023.63 lakhs in Fiscal 2023 to ₹ 27,943.51 lakhs in Fiscal 2025, representing a CAGR of 52.45%. 

The profit for the year of the Company grew from ₹ 623.72 lakhs in Fiscal 2023 to ₹ 2,208.48 lakhs in Fiscal 2025, representing a CAGR of 88.17%. 

During nine-months period ended December 31, 2025, the revenue from operations, profit after taxes and EBITDA of the Company was ₹ 27,454.28 lakhs, ₹ 2,336.80 lakhs and ₹ 3,424.45 lakhs, respectively. 

Disclaimer: 

The Company is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its Equity Shares and has filed the Red Herring Prospectus (“RHP”) with the Registrar of Companies (“RoC”), the Securities and Exchange Board of India (“SEBI”) and the Stock Exchanges on April 04, 2026 and addendums and corrigendums thereto. The RHP and addendums and corrigendums thereto shall be available on the website of SEBI at www.sebi.gov.in, and is available on the websites of the Stock Exchanges i.e. BSE and NSE at www.bseindia.com and www.nseindia.com, respectively, on the website of the Company at www.ompowertransmission.com and the website of the BRLM i.e., Beeline Capital Advisors Private Limited at www.beelinemb.com. Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see "Risk Factors” beginning on page 22 of the RHP. Potential investors should not rely on the RHP filed with the Roc, SEBI and the Stock Exchanges, and should instead rely on their own examination of our Company and the Offer, including the risks involved, for making any investment decision.

This press release is not for publication or distribution, directly or indirectly, into the United States. The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws in the United States and, unless so registered, may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws in the United States. Accordingly, the Equity Shares are being offered and sold outside the United States in "offshore transactions" as defined in and in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur. There will be no public offering of the Equity shares in the United States.

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Neither the Company nor the Promoters nor the Promoter Selling Shareholders are seeking an investment from you based on this press release. This press release is for information purposes only, and is not a promotional press release and does not constitute an invitation or offer to acquire, purchase or subscribe to the Equity Shares of the Company.