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OG

Om Galaxy IPO

Listed SME BSE SME · Industrial Products

Price Band

₹85.0–90.0

Issue Size

₹105.0 Cr

Lot Size

1,600 shares

Min Investment

₹288,000

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹90.0

Om Galaxy IPO AI Summary

  • Om Galaxy IPO is listed on BSE SME in the Industrial Products sector.
  • Price band: ₹85.0–₹90.0 per share, lot size 1,600 shares (min. investment ₹288,000, 2 lots minimum).
  • Subscription window: 10 Sep–15 Sep 2026, listing on 18 Sep 2026.

Om Galaxy Ltd. is an established player in the industrial products sector with a diverse range of offerings and a strong management team. The company is set to raise ₹105 Cr through its IPO, with significant interest from institutional investors. The financials show a positive trend in revenue and profit, making it an IPO to watch.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Important Dates

IPO Open Date
Thu, 10 Sep 2026
IPO Close Date
Tue, 15 Sep 2026
Allotment Date
Wed, 16 Sep 2026
Refund Initiation
Thu, 17 Sep 2026
Credit of Shares
Thu, 17 Sep 2026
Listing Date
Fri, 18 Sep 2026
Listing Price
₹90.0 +0.0%

Subscription Status

Overall Subscription

2.07x

Subscribed
Category Subscription Status
QIB (Institutional)
5.37x
5.37x
NII (HNI)
1.07x
1.07x
↳ bNII (>₹10L)
1.16x
1.16x
↳ sNII (<₹10L)
0.88x
0.88x
Retail (RII)
0.62x
0.62x
Total 2.07x 2.07x

Auto-updated every 5 min · As of 15th Sep 2026 18:56

Om Galaxy IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

About the Company

Incorporated in October 2008, Om Galaxy Ltd. is engaged in the business of design, development and manufacturing of: (a) Pipe fitting and industrial mould, Hot Runner System (&ldquo; HRS&rdquo;) and Cleaning Products. The company manufactures building materials, plastics, automotive parts, and industrial engineering products. As of February 28, 2026, the company has 57 SKUs relating to products manufactured under the brand &ldquo;WONDRA&rdquo; The company, along with its subsidiaries, is operating from Vasai, District Palghar, Maharashtra and in Pune, Maharashtra. The company exports its products to North America, Asia and Africa. The company has four manufacturing units, all located in Palghar, Maharashtra. Competitive Strength: Experienced Promoters, Directors and senior management team. Diversified Product Portfolio encompassing moulds, HRS and cleaning product supported by in-house design and manufacturing capabilities. Long standing relationships with established clientele leading to recurring business Integrated Product Offering through In-house Hot Runner Systems Capability Unique positioning in the moulds manufacturing industry.

Company Financials (₹ Cr)

As of 2026-03-31

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 175.31 142.81 117.49
Total Income 124.68 113.13 105.12
Profit After Tax 16.64 15.92 12.04
EBITDA 32.82 29.36 24.60
NET Worth 80.90 66.01 49.89
Reserves and Surplus 69.80 62.93 47.30
Total Borrowing 37.79 25.13 32.07

Key Ratios

EPS

₹7.49

NAV

₹35.94

ROE

22.13%

ROCE

20.39%

RoNW

22.13%

P/B Value

2.50

P/E Ratio

12.02

Market Cap

₹304.90 Cr

PAT Margin

13.42%

Debt/Equity

0.45

Promoters

Opindersingh Bachattarsingh Baddhan, Jyothish Rajamohanan Nambiar, Sathyapalan Ayadathil Poyil, Gagandeep Opinder Singh Baddhan, Meena O Badhhan

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure towards setting up a New Manufacturing Unit for consolidation of the Company’s existing manufacturing units and expansion of its production capacities 74.66 2 Pre-payment/ repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company 14.00 3 General Corporate Purposes Total 88.66

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹105.12 Cr in the year ending 31 Mar 2024, rising to ₹113.13 Cr by 31 Mar 2025, and further increasing to ₹124.68 Cr by 31 Mar 2026.

Profit Trend

Profit After Tax was ₹12.04 Cr in the year ending 31 Mar 2024, increasing to ₹15.92 Cr by 31 Mar 2025, and reaching ₹16.64 Cr by 31 Mar 2026.

Grey Market Premium, Explained

The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. Grey market premium (GMP) indicates the expected listing price compared to the issue price. A positive GMP suggests strong demand, while a negative GMP indicates weak demand.

Subscription Demand

As of 15th September 2026, the IPO was subscribed 2.07 times overall. The institutional category saw significant interest with a subscription of 5.37 times, while the retail category was subscribed 0.62 times.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's fundamentals and market conditions.

Who May Want to Wait

Investors who are risk-averse or those looking for guaranteed returns may want to avoid IPOs, as they can be subject to market fluctuations and may not provide immediate gains.

IPO Timeline, Explained

The IPO process includes several key dates: the opening date for subscription is 10th September 2026, closing on 15th September 2026, with allotment on 16th September 2026 and listing on 18th September 2026.

Listing Gains — The Risk

Listing-day gains can be unpredictable and depend on various factors including market sentiment and demand for the stock. Investors should be aware that while some IPOs may see significant gains on their first day, others may not perform as expected.

This evaluation is generated from Om Galaxy's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is the price band of Om Galaxy IPO?

The price band of Om Galaxy IPO is ₹85.0–₹90.0 per share.

When does Om Galaxy IPO open and close?

Om Galaxy IPO opens on 10 September 2026 and closes on 15 September 2026.

When does Om Galaxy IPO list on the stock exchange?

Om Galaxy IPO listed on 18 September 2026 at ₹90.0.

What is the lot size for Om Galaxy IPO?

The lot size for Om Galaxy IPO is 1600 shares, requiring a minimum investment of ₹288,000 (2 lots).

What is the price band for the Om Galaxy IPO?

The price band for the Om Galaxy IPO is ₹85.0 to ₹90.0.

What is the lot size for this IPO?

The lot size for the Om Galaxy IPO is 1600 shares.

What is the minimum investment required?

The minimum investment required for the Om Galaxy IPO is ₹288,000.

When is the listing date for the Om Galaxy IPO?

The listing date for the Om Galaxy IPO is 18th September 2026.

What does GMP mean?

GMP stands for Grey Market Premium, indicating the expected listing price of a stock compared to its issue price.

Issue Details

Issue Type SME Book Built
Issue Size ₹105.0 Cr
Price Band ₹85.0 – ₹90.0
Issue Price ₹90.0
Lot Size 1,600 shares
Min Investment ₹288,000 (2 lots minimum)
Exchange BSE SME
Sector Industrial Products
Open Date 10 Sep 2026
Close Date 15 Sep 2026
Allotment 16 Sep 2026
Listing Date 18 Sep 2026

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

Indorient Financial Services Ltd.

IPO Timeline

Open

10 Sep 2026

Close

15 Sep 2026

Allotment

16 Sep 2026

Listing

18 Sep 2026

Full Analysis

Should you apply? Company analysis, GMP explained & FAQs

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