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Om Galaxy IPO Opens September 10, Targets ₹105 Crore
Om Galaxy is asking investors to buy shares in its first public share sale, called an IPO.
The IPO will be open from September 10 to September 15.
Each share will cost between ₹85 and ₹90.
The company hopes to raise about ₹105 crore.
It plans to use some of the money to build a new manufacturing facility.
It will also use funds to repay some loans and for general business needs.
Om Galaxy makes moulds used in pipes, industry, and automobiles.
It reported ₹124 crore in revenue and ₹16.64 crore in profit after tax during FY26.
Om Galaxy Limited will open its IPO for subscription from September 10 to September 15.
The company has set a price band of ₹85–90 per share, with a face value of ₹5.
The issue comprises 1,16,67,200 equity shares and aims to raise about ₹105 crore at the upper price band.
The proceeds will fund a new manufacturing facility, debt repayment or prepayment, and general corporate purposes.
Om Galaxy reported FY26 revenue of ₹124 crore, EBITDA of ₹32.82 crore, and profit after tax of ₹16.64 crore.
- Who
- Om Galaxy Limited, a precision mould manufacturer.
- What
- The company is launching an IPO of 1,16,67,200 equity shares to raise about ₹105 crore at the upper price band.
- Where
- The shares are proposed to be listed on the BSE SME platform; Om Galaxy operates manufacturing units in Maharashtra.
- When
- Subscription is scheduled for September 10–15; anchor bidding took place on September 9.
- Why
- The company plans to fund a new manufacturing facility, expand production capacity, repay or prepay borrowings, and support general corporate purposes.
Key facts
- IPO price band
- ₹85–90 per equity share
- Issue size
- 1,16,67,200 equity shares
- Target amount
- About ₹105 crore at the upper price band
- Face value
- ₹5 per equity share
- Proposed listing
- BSE SME platform
- FY26 revenue
- ₹124 crore
- FY26 profit after tax
- ₹16.64 crore
Sources
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