Om Galaxy Ltd. offers a book-built public issue worth ₹105.00 crore on the BSE SME platform. Below is a comprehensive guide covering all key aspect of the IPO including financial metrics, valuations, offer details, and subscription timelines.
Key Overview & Business Summary
Incorporated in 2008, Om Galaxy Ltd. designs, manufactures, and develops pipe fittings, industrial molds, automotive molds, Hot Runner Systems (HRS), and cleaning products. The company supplies its products under the brand name “WONDRA” and manages an active catalog of 77 SKUs as of June 30, 2026. Operating out of seven state-of-the-art manufacturing facilities across Maharashtra (primarily Vasai and Pune), the business caters to domestic clients as well as export markets across North America, Asia, and Africa.
-
Core Sectors Served: Building material (pipes, fittings, sanitaryware), plastics & polymers, automotive components, and industrial engineering.
-
Order Book Position: Stood at ₹9,442 Lakhs as of June 30, 2026.
-
Key Strengths: Integrated in-house design and manufacturing capabilities, long-standing client relationships, and experienced promoter management.
Key Offer Details
| Parameter | Details |
| IPO Open Date | Thursday, September 10, 2026 |
| IPO Close Date | Tuesday, September 15, 2026 |
| Price Band | ₹85 to ₹90 per share |
| Face Value | ₹5 per share |
| Total Issue Size | 1,16,67,200 shares (up to ₹105.00 Cr) |
| Fresh Issue | 1,16,67,200 shares (100% fresh issue) |
| Listing Exchange | BSE SME |
| Market Maker Portion | 5,84,000 shares (Aikyam Capital Pvt. Ltd.) |
| Lead Manager | Indorient Financial Services Ltd. |
| Registrar | Bigshare Services Pvt. Ltd. |
Tentative IPO Timetable
-
IPO Bidding Window: Sep 10, 2026 to Sep 15, 2026
-
Basis of Allotment Finalization: Wednesday, September 16, 2026
-
Initiation of Refunds / Unblocking Funds: Thursday, September 17, 2026
-
Credit of Shares to Demat Accounts: Thursday, September 17, 2026
-
Tentative Listing Date: Friday, September 18, 2026
Lot Size & Application Investment Breakdown
Investors can apply in minimum lot sizes of 1,600 equity shares.
-
Retail Individual Investors (Min & Max): 2 Lots (3,200 Shares) — ₹2,88,000 (calculated at upper price band of ₹90)
-
Small HNI (sNII) Minimum: 3 Lots (4,800 Shares) — ₹4,32,000
-
Small HNI (sNII) Maximum: 6 Lots (9,600 Shares) — ₹8,64,000
-
Big HNI (bNII) Minimum: 7 Lots (11,200 Shares) — ₹10,08,000
Shareholding Structure & Offer Reservation
The issue structure ensures equitable distribution across various market participants:
| Shareholder Category | Percentage Allocation | Number of Shares |
| QIB Portion | 49.96% of Net Issue | 55,37,600 |
| — Anchor Investors | 28.47% of Net Issue | 33,21,600 |
| — QIB (Ex-Anchor) | 18.99% of Net Issue | 22,16,000 |
| NII (HNI) Portion | 15.01% of Net Issue | 16,64,000 |
| Retail Portion | 35.02% of Net Issue | 38,81,600 |
| Market Maker Reservation | 5.01% of Total Issue | 5,84,000 |
| Total Issue Size | 100.00% | 1,16,67,200 |
Promoter Shareholding Shift: Pre-issue promoter holding stands at 100.00%, which will dilute to 65.56% post-issue.
Anchor Investor Details
Om Galaxy Ltd. successfully raised ₹29.89 crore from anchor investors on September 9, 2026, allocating 33,21,600 shares at ₹90 per share.
-
30-Day Lock-in End Date (50% shares): October 16, 2026
-
90-Day Lock-in End Date (Remaining shares): December 15, 2026
Financial Highlights & Performance Metrics
(Figures in ₹ Crore, except ratios)
| Metric | FY 2023-24 | FY 2024-25 | FY 2025-26 |
| Total Income | ₹105.12 | ₹113.13 | ₹124.68 |
| EBITDA | ₹24.60 | ₹29.36 | ₹32.82 |
| Profit After Tax (PAT) | ₹12.04 | ₹15.92 | ₹16.64 |
| Net Worth | ₹49.89 | ₹66.01 | ₹80.90 |
| Total Borrowings | ₹32.07 | ₹25.13 | ₹37.79 |
| PAT Margin (%) | — | — | 13.42% |
| EBITDA Margin (%) | — | — | 26.33% |
| ROE (%) | — | — | 22.13% |
| ROCE (%) | — | — | 20.39% |
Valuation Ratios
-
Pre-IPO EPS: ₹7.49
-
Post-IPO EPS: ₹4.91
-
Pre-IPO P/E Ratio: 12.02x
-
Post-IPO P/E Ratio: 18.33x
-
Market Capitalization at Upper Price Band: ₹304.90 Crore
-
Price to Book Value (P/BV): 2.50x
Objects of the Issue
Net proceeds generated from the fresh equity issue will be deployed across the following key operational heads:
-
Capital Expenditure: Setting up a unified manufacturing unit to consolidate existing facilities and expand overall production capabilities (₹74.66 Cr).
-
Debt Repayment: Full or partial prepayment/repayment of existing debt borrowings (₹14.00 Cr).
-
General Corporate Purposes: Meeting ongoing operational costs and working capital expansion.
During the initial bidding days, institutional buyers showed active participation, driving overall subscription levels up:
-
QIB Portion: Subscribed ~3.11x
-
NII Portion: Subscribed ~0.05x
-
Retail Portion: Subscribed ~0.10x
-
Total Overall Subscription: Subscribed ~0.95x
Who we are
Our Company is engaged in the business of design, development and manufacturing of: (a) Pipe fitting and industrial moulds catering to building materials (primarily pipes, fittings, sanitaryware) and plastic & polymer processing industry for the past 17 years under the brand name i.e. ; Om Galaxy Limited & automotive & auto components industry through our subsidiary OMG Auto Mould Private Limited (“OMG Auto”) for the past 6 years under the brand name i.e. ; Om Galaxy Mould Pvt Ltd and (b) Hot Runner System (“HRS”) through our other subsidiary, Infuse HRS Private Limited (“Infuse HRS”) for the past 4 years under the brand name i.e. .Infuse Hot Runner Solutions.
Cleaning Products used in households and several commercial as well as non-commercial establishments, during Fiscal 2025, our Company identified an opportunity in this segment, leveraging our legacy in the manufacturing of moulds, we diversified into manufacturing moulds as well as finished products in this segment such as mops, brushes, scrubbers, wipers, brooms under the brand name Wondra.
Company Contact Information & Corporate Office,
-
Corporate Address: 4/5/6 Blue Chip No 5, Industrial Estate, Sativali Road, Village Valiv, Vasai, Thane, Maharashtra — 401208
-
Phone: +91-7770017943
-
Email: cs@omgalaxymould.com
SEBI Compliance Note: ipoind.com is an independent financial analytics and primary market research portal provided solely for educational and informational purposes. We are NOT a SEBI-registered Investment Advisor or Research Analyst. Financial market investments, equity securities, and Initial Public Offerings (IPOs) carry inherent market risks.
Grey Market Premium (GMP) Notice: Figures regarding Grey Market Premium (GMP), Kostak rates, and subject-to-sauda deals reflect unofficial, unregulated over-the-counter market sentiment. These figures do not guarantee exchange listing prices or actual trading outcomes. Always evaluate official Draft Red Herring Prospectus (DRHP / RHP) documents filed with BSE/NSE and consult a certified financial advisor prior to executing financial bidding decisions.