IPO Listed — 17 Apr 2026
Listing Price: ₹186
Om Power Transmission IPO GMP History | Listing Price ₹186 & Kostak Rate
Om Power Transmission IPO has been listed on April 17, 2026 at a listing price of ₹186, against the issue price of ₹175 — a gain of ₹11 (+6.29%). The GMP peaked at ₹4.5 on 14 April 2026 and reached a low of ₹0 on 6 April 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Om Power Transmission IPO raised ₹150 Cr. through its IPO at a price band of ₹166 to ₹175 per share, with a lot size of 85 shares. The IPO was open for subscription from 09 Apr 2026 to 13 Apr 2026.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 16 Apr 2026 | ₹ 2.00 | 1% | ₹ 0 | ₹ 0 | |
| 15 Apr 2026 | ₹ 1.5 | 1% | ₹ 0 | ₹ 0 | |
| 14 Apr 2026 | ₹ 4.5 | 3% | ₹ 0 | ₹ 0 | |
| 13 Apr 2026 | ₹ 2 | 1% | ₹ 0 | ₹ 0 | |
| 11 Apr 2026 | ₹ 2 | 1% | ₹ 0 | ₹ 0 | |
| 10 Apr 2026 | ₹ 1 | 1% | ₹ 0 | ₹ 0 | |
| 09 Apr 2026 | ₹ 3 | 2% | ₹ 0 | ₹ 0 | |
| 08 Apr 2026 | ₹ 1.50 | 1% | ₹ 0 | ₹ 0 | |
| 07 Apr 2026 | ₹ 1.50 | 1% | ₹ 0 | ₹ 0 | |
| 06 Apr 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 |
Om Power Transmission IPO Dates
| Event | Date |
|---|---|
| Open Date | 09 Apr, 2026 |
| Close Date | 13 Apr, 2026 |
| Allotment Date | 15 Apr, 2026 |
| Refund Date | 16 Apr, 2026 |
| Credit to Demat | 16 Apr, 2026 |
| Listing Date | 17 Apr, 2026 |
Om Power Transmission IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹175 |
| GMP-Based Estimate (Pre-Listing) | ₹177 (+1.1%) |
| Actual Listing Price | ₹186 (+6.29%) |
| Listing Gain / Loss | +₹11 per share |
| Listing Date | 17 Apr, 2026 |
Is Om Power Transmission IPO GMP Reliable?
Grey market premium for Om Power Transmission IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Om Power Transmission IPO full review for a fundamentals-based assessment before making any grey market trades.
Om Power Transmission IPO IPO Kostak Rate Explained
The Kostak rate for Om Power Transmission IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Om Power Transmission IPO
The company primarily offers engineering, procurement and construction (EPC) services for power transmission lines, substations, and related infrastructure. Its business model is project-based, where it undertakes turnkey contracts and manages everything from design and sourcing to execution and commissioning. By focusing on timely project delivery, cost optimisation, and quality standards, the company aims to ensure client satisfaction and repeat business. Om Power Transmission continues to expand its operational footprint while maintaining a disciplined approach towards project execution and financial management, positioning itself as a reliable player in India’s power infrastructure space.
Strengths & Risks
Strengths
- ✓ The company has a strong order book of around ₹744.60 crore as of December 2025, which has grown nearly 69% from FY25 levels, giving good revenue visibility for coming years.
- ✓ Revenue has grown at a healthy CAGR of 52.45% from FY23 to FY25, showing solid business momentum.
- ✓ It holds a "Class AA" contractor accreditation with GETCO, which allows it to bid for large 400 kV high-voltage transmission projects — a big technical advantage over smaller rivals.
- ✓ The company has experienced promoters and senior management with deep domain expertise in the power transmission sector, which helps in winning and executing complex tenders.
- ✓ It has a proven track record of timely project execution, including completing most projects awarded through competitive bidding , which builds long-term credibility with PSU clients.
Risks
- ⚠ The business is heavily concentrated in Gujarat, which exposes it to regional economic, political and local market risks if anything goes wrong in that state.
- ⚠ There is very high dependence on PSU tenders, which made up about 84% of the order book in FY25 , so any change in government spending can directly hit revenue.
- ⚠ The company reported negative operating cash flow of around ₹37.39 crore in 9M FY26, meaning book profits are not fully converting into actual cash.
- ⚠ Trade receivables stood at around ₹144.07 crore as of December 2025, putting pressure on working capital in this capital-heavy EPC business.
- ⚠ Since most projects are won through competitive bidding, failure to qualify or win new contracts can directly hurt growth, margins and cash flow stability
Frequently Asked Questions about Om Power Transmission IPO
What is the GMP of Om Power Transmission IPO?
The current Grey Market Premium (GMP) of Om Power Transmission IPO is ₹ 2.00.
What is the Kostak Price of Om Power Transmission IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Om Power Transmission IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What is the Subject to Sauda Price of Om Power Transmission IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What was the actual listing price of Om Power Transmission IPO?
Om Power Transmission IPO listed on April 17, 2026 at ₹186, against the issue price of ₹175 — a gain of +6.29%.
How did the GMP of Om Power Transmission IPO trend before listing?
The GMP of Om Power Transmission IPO was rising in its final days before listing. The GMP peaked at ₹4.5 on 14 April 2026. View the day-wise table above for the complete GMP history.
Explore Om Power Transmission IPO Further
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