Om Power Transmission IPO Subscribed 3.33 Times

New Delhi, Apr 13 (PTI) The initial public offering of power infrastructure company Om Power Transmission Ltd received 3.33 times subscription on the closing day of bidding on Monday.

The Rs 150-crore IPO received bids for 1,99,65,140 shares against 60,02,730 shares on offer, as per NSE data.

The category for non-institutional investors fetched 7.06 times subscription. The quota for qualified institutional buyers (QIBs) received 3.65 times subscription and the portion meant for retail individual investors (RIIs) got subscribed 1.54 times.


The initial public offering (IPO) has a fresh issue aggregating up to 75.75 lakh shares and an offer for sale of up to 10 lakh shares.

Price range for the IPO is fixed at Rs 166-175 per share.

Beeline Capital Advisors is the book running lead manager to the offering.