Om Galaxy IPO: Price Band, Lot Size, Financials & Review
Om Galaxy IPO listed on BSE on Fri, 18 Sep 2026. The issue was subscribed 2.15x overall.
- Open Date
- 10 Sep 2026
- Close Date
- 15 Sep 2026
Last updated
- Price band
- ₹85 – ₹90
- Lot size
- 1,600 shares
- Min. investment
- ₹2,88,000
- Issue size
- ₹105 Cr
- Last GMP
- 0
- Subscribed
- 🔥 2.15x
Om Galaxy IPO details
Om Galaxy IPO is a ₹105 Cr book-building IPO on the SME segment, listing on BSE. It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
The issue was open from Thu, 10 Sep 2026 to Tue, 15 Sep 2026. Allotment was finalised on Wed, 16 Sep 2026, and the shares listed on BSE on Fri, 18 Sep 2026.
The price band is ₹85 to ₹90 per share and the lot size is 1600 shares, so the minimum retail application is ₹2,88,000. Retail investors can apply for up to 2 lots (3,200 shares, ₹2,88,000).
Bigshare Services Pvt Ltd is the registrar, and Indorient Financial Services Ltd is the book running lead manager.
Grey market premium (GMP)
Day-wise GMP →The last Om Galaxy IPO GMP before listing was 0 (0.00% against the upper price band of ₹90), implying an estimated listing price of ₹90. Across 10 days of tracking, GMP ranged from 0 (09 Sep) to 0 (09 Sep).
| Last GMP | 0 |
|---|---|
| GMP vs upper band | 0.00% |
| Estimated listing price | ₹90 |
| Highest (09 Sep) | 0 |
| Lowest (09 Sep) | 0 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Om Galaxy IPO day-wise GMP.
Subscription
Day-wise subscription →Om Galaxy IPO was subscribed 2.15x overall: QIB 5.37x, NII 1.42x and retail 0.62x.
| Category | Subscribed |
|---|---|
| QIB | 5.37x |
| NII | 1.42x |
| └ bNII (above ₹10 lakh) | 1.68x |
| └ sNII (₹2–10 lakh) | 0.88x |
| Retail | 0.62x |
| Total | 2.15x |
Final figures at the close of bidding on 15 Sep 2026. Category-wise bids, application-wise breakup and allotment chances are on the Om Galaxy IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Anchor Investors | 33,21,600 | 29.97% |
| Qualified Institutions | 22,16,000 | 19.99% |
| Non-Institutional | 16,64,000 | 15.01% |
| └ BNII | 11,08,800 | 10.00% |
| └ SNII | 5,55,200 | 5.01% |
| Retail Investors | 38,81,600 | 35.02% |
| Total | 1,10,83,200 | 100.00% |
Shares offered include the anchor investor portion, which is allotted a day before the issue opens. Subscription figures exclude anchors, so category sizes on the subscription page are smaller.
Om Galaxy IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,88,000 |
| Retail (Max) | 2 | 3,200 | ₹2,88,000 |
| S-HNI (Min) | 3 | 4,800 | ₹4,32,000 |
| S-HNI (Max) | 6 | 9,600 | ₹8,64,000 |
| B-HNI (Min) | 7 | 11,200 | ₹10,08,000 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
At the upper price band of ₹90, the issue is priced at 12.02x pre-issue earnings and 18.33x post-issue earnings per share.
The post-issue P/E is higher because the fresh issue adds new shares, which spreads the same profit over more shares.
Promoter holding falls from 100.00% before the issue to 65.56% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹7.49 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 12.02x |
| EPS (post-issue) EPS on the enlarged share capital | ₹4.91 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 18.33x |
| Promoter holding (pre-issue) | 100.00% |
| Promoter holding (post-issue) | 65.56% |
Om Galaxy Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹113.13 Cr to ₹124.68 Cr, and profit after tax rose from ₹15.92 Cr to ₹16.64 Cr. The PAT margin for 31 Mar 2026 was 13.35%.
| 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 |
| Reserve & Surplus | 69.80 | 62.93 | 47.30 |
| Total Borrowings | 37.79 | 25.13 | 32.07 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 22.13 | 26.82 | 28.26 |
| ROCE % | 20.39 | 25.11 | 21.57 |
| Debt / Equity | 0.45 | 0.38 | 0.54 |
| RoNW % | 22.13 | 26.82 | 28.26 |
| Pat Margin % | 13.42 | 14.13 | 11.51 |
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 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 |
| 2 | Pre-payment/ re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company |
| 3 | General Corporate Purposes |
About Om Galaxy Limited
Incorporated in 2008, Om Galaxy Ltd. is engaged in the design, development and manufacturing of pipe fittings, industrial moulds, automotive moulds, Hot Runner Systems (HRS), and cleaning products. The company manufactures and markets its products under the brand name “WONDRA” and, as of June 30, 2026, offers 77 SKUs across its product portfolio.
The company's products cater to a diverse range of industries and applications, including:
Building Materials: Pipes, fittings and sanitaryware
Plastics & Polymer Processing: Moulds and related components
Automotive & Auto Components: Automotive moulds and associated products
Industrial & Engineering: Industrial moulds, Hot Runner Systems and other engineered products
Manufacturing & Operations
Om Galaxy Ltd., along with its subsidiaries, operates from Vasai in Palghar district, Maharashtra, and Pune, Maharashtra. The company has an established manufacturing footprint comprising seven manufacturing units, all located in Maharashtra.
The company serves both the domestic and international markets. In addition to its domestic sales, Om Galaxy Ltd. exports its products to key international markets across North America, Asia and Africa, giving it a geographically diversified customer base.
Product Portfolio
The company's product portfolio is designed to serve multiple industrial applications and includes pipe fittings, industrial and automotive moulds, Hot Runner Systems (HRS), and cleaning products. Its WONDRA-branded portfolio comprises 77 SKUs as of June 30, 2026, reflecting the breadth of products offered to customers across various end-use industries.
Order Book
As of June 30, 2026, Om Galaxy Ltd. reported an order book of ₹9,442 lakh (approximately ₹94.42 crore). The order book provides visibility into future revenue and reflects the demand for the company's products across its served markets.
Key Highlights
Incorporated: 2008
Brand: WONDRA
SKUs: 77 as of June 30, 2026
Manufacturing Units: 7
Manufacturing Locations: Maharashtra
Primary Operating Locations: Vasai, Palghar, Maharashtra and Pune, Maharashtra
Export Markets: North America, Asia and Africa
Key Industries Served: Building Materials,
Promoters
- Opindersingh Bachattarsingh Baddhan
- Jyothish Rajamohanan Nambiar
- Sathyapalan Ayadathil Poyil
- Gagandeep Opinder Singh Baddhan
- Meena O Badhhan
Contact details
Om Galaxy Ltd.
4/5/6 Blue Chip No 5, Industrial Estate
Sativali Road
Village Valiv, Vasai
Thane, Maharashtra, 401208
Tel: + 91-7770017943
Email:cs@omgalaxymould.com
Website:https://www.omgalaxymould.com/
Om Galaxy IPO FAQs
- What is the Om Galaxy IPO price band?
- The Om Galaxy IPO price band is ₹85 to ₹90 per share.
- What is the Om Galaxy IPO lot size and minimum investment?
- The Om Galaxy IPO lot size is 1600 shares. The minimum retail investment is ₹2,88,000 for one lot at the upper price band. Retail investors can apply for up to 2 lots (3,200 shares), costing ₹2,88,000.
- When was Om Galaxy IPO open for subscription?
- Om Galaxy IPO was open for subscription from Thu, 10 Sep 2026 to Tue, 15 Sep 2026.
- What is the Om Galaxy IPO subscription status?
- Om Galaxy IPO was subscribed 2.15x overall: QIB 5.37x, NII 1.42x and retail 0.62x. Day-wise and category-wise figures are on the subscription page.
- What was the Om Galaxy IPO GMP before listing?
- The last Om Galaxy IPO GMP before listing was 0 (0.00% against the upper price band of ₹90), implying an estimated listing price of ₹90. Across 10 days of tracking, GMP ranged from 0 (09 Sep) to 0 (09 Sep). GMP is an unofficial grey market indicator and can change quickly.
- What is the Om Galaxy IPO allotment date?
- The Om Galaxy IPO basis of allotment was finalised on Wed, 16 Sep 2026. You can check your allotment status on the Bigshare Services Pvt Ltd website.
- What is the Om Galaxy IPO listing date?
- Om Galaxy IPO listed on BSE on Fri, 18 Sep 2026.
- Is the Om Galaxy IPO a fresh issue or an offer for sale?
- It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
- Who are the registrar and lead managers of the Om Galaxy IPO?
- The registrar for the Om Galaxy IPO is Bigshare Services Pvt Ltd, and the book running lead manager is Indorient Financial Services Ltd.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.