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Om Power Transmission IPO – Day 3 Update

IPO Blogs & News cover
IPO Blogs & News cover

Om Power Transmission IPO – Day 3 Update

Issue subscribed 1.69x so far — momentum building, but not aggressive yet.

Price Band: ₹166 – ₹175
Lot Size: 85 shares
Closes Today (April 13)
Business: Power transmission EPC (14+ years experience)

Key Highlights:

₹45.01 Cr raised from anchor investors
• Order book strong at ₹744.60 Cr
• IPO size ~₹150 Cr (Fresh + OFS mix)

GMP Check: +₹2

Estimated listing gain ~1% only
Trend shows cooling from peak ₹7

Demand is decent, but GMP indicates limited listing excitement.

Last day rush can change subscription — keep an eye on final numbers.

Desclaimer

For educational purposes only. Not investment advice. IPO investments are subject to market risks. GMP is unofficial and may change.