Om Power Transmission Receives SEBI Approval for Upcoming IPO

Om Power Transmission IPO Receives Approval from SEBI

Om Power Transmission Limited, a power transmission infrastructure engineering, procurement, and construction (EPC) company, has received approval from the Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO).

Key IPO Details

• 1 crore equity shares will be issued through a book-built issue.
• The issue consists of a fresh issue of up to 0.90 crore equity shares and an offer for sale (OFS) of up to 0.10 crore equity shares.

Read also: SpaceX Seeks Record $75 Billion IPO, Potentially Positioning Elon Musk as the World's First Trillionaire

IPO Proceeds

The company plans to use the proceeds from the issue towards:

• Funding capital expenditure
• Purchasing new machinery and equipment
• Debt repayment
• Meeting working capital requirements
• General corporate purposes

Financial Performance

For the financial year ended March 31, 2025, Om Power Transmission Limited reported:

• Revenue of ₹27,943.51 lakh
• Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of ₹3,565.60 lakh
• Profit after tax (PAT) of ₹2,208.48 lakh

Read also: SMR Jewels IPO Successfully Lists with Institutional Support

Company Overview

Om Power Transmission Limited is a power transmission infrastructure EPC company that executes high-voltage and extra-high-voltage transmission lines, substations, and underground cabling projects delivered on a turnkey basis. Its services include design, engineering, supply, erection, installation, testing, commissioning, and comprehensive operations and maintenance (O&M) services.

Key Milestones

• Commissioned over 1,000 circuit kilometers (CKM) of transmission lines and 11 substations
• Completed over 450 CKM of transmission lines and underground cable and 4 substations in the last three fiscal years
• Operating and maintaining 134 substations as of August 31, 2025
• Unexecuted order book of 56 projects valued at ₹77,619.35 lakh, including 50 EPC and 6 O&M contracts

Client Base

The company's client base includes:

• State utilities such as Gujarat Energy Transmission Corporation Limited (GETCO)
• Other state electricity boards
• Renewable energy developers and solar park operators
• Industrial and corporate clients
• Transportation and infrastructure projects such as the Mumbai–Ahmedabad High-Speed Rail (Bullet Train Project)
• Long-term O&M clients across both public and private sectors