The allotment for the Om Power Transmission IPO, which closed on April 13, was completed with a subscription rate of 3.33 times. The public issue raised ₹150 crore (approximately $18 million USD) and saw a notable difference in demand among investor categories, with qualified institutional buyers subscribing 3.65 times and non-institutional investors at 7.06 times. Retail participation was lower at 1.54 times. Shares will be credited to successful applicants on April 16, with refunds for unsuccessful bidders initiated the same day. The stock is expected to list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on April 17. However, the grey market premium (GMP) is only 1%, suggesting a cautious outlook for the listing. Analysts indicate that the performance will depend on broader market sentiment amidst ongoing global volatility. Om Power Transmission, an EPC contractor in the power transmission sector, has reported steady growth, with a profit after tax of ₹23.37 crore for the nine months ending December 2025.