- Total Issue Size – Up To 1,16,67,200 Equity Shares of ₹5 each
- IPO Size – ₹105 Crore (At Upper Price Band)
- Price Band – ₹85 – ₹90 Per Share
- Lot Size – 1,600 Equity Shares (Bids can be made for a minimum of 3,200 equity shares and in multiples of 1,600 Equity Shares thereafter)
MUMBAI | 04th SEPTEMBER 2026 | Om Galaxy Limited, a precision mould design, development and manufacturing company catering to the building materials (primarily pipes, fittings, sanitaryware) and the plastics and polymer processing industries. The Company proposes to open its Initial Public Offering on September 10, 2026, aiming to raise ₹ 105 Crores at upper price band with shares to be listed on the BSE SME.
The issue size is 1,16,67,200 Equity Shares with a face value of ₹5 each with a price band of ₹85 – ₹90 Per Share.
Equity Share Allocation
- Anchor Investor Portion – 33,21,600 Equity Shares
- Net Qualified Institutional Buyer – 22,16,000 Equity Shares
- Non-Institutional Investors – 16,64,000 Equity Shares
- Individual Investors – 38,81,600 Equity Shares
- Market Maker – 5,84,000 Equity Shares
The net proceeds from the IPO will be utilized for part of capital expenditure towards setting up a new manufacturing unit for consolidation of the company’s existing manufacturing units and expansion of its production capacities, Pre-payment/ re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and General Corporate Purpose. The anchor bidding is on Wednesday, September 9, 2026. The issue will open on Thursday, September 10, 2026 and will close on Tuesday, September 15, 2026.
The Book Running Lead Manager to the Issue is Indorient Financial Services Limited and The Registrar to the Issue is Bigshare Services Private Limited.
Mr. Opindersingh Bachattarsingh Baddhan, Chairman & Managing Director of Om Galaxy Limited expressed, “The opening of our Initial Public Offering is an important milestone in a journey that began in 2008 with a single mould-making unit. Over the last 17 years we have built precision tooling capability across pipe fitting, industrial and automotive moulds, added in-house hot runner systems through Infuse HRS, and forward integrated into consumer cleaning products under WONDRA. The proceeds of the Fresh Issue will be applied towards consolidating our existing manufacturing units into a single owned facility, expanding installed capacity, and reducing borrowings, which we believe will strengthen operational efficiency and support the next phase of growth.”
Mr. Prashant Dhebar, Director of Indorient Financial Services Limited said, “Om Galaxy Limited has recorded consistent growth over Fiscals 2024 to 2026, supported by repeat business from a stable customer base and healthy capacity utilisation across its facilities. The proposed deployment of Issue proceeds towards a consolidated manufacturing unit, capacity expansion and repayment of borrowings positions the Company to participate in the structural growth of India’s dies and moulds market.”
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