Om Galaxy IPO
Om Galaxy IPO is a BSE SME book-built issue opening on September 10, 2026 and closing on September 15, 2026. The price band is ₹85 to ₹90 per share and the lot size is 1,600 shares. The company plans to raise up to ₹105 crore through a fresh issue.
Om Galaxy IPO Details
Om Galaxy Limited is a precision engineering company engaged in the design, development and manufacturing of moulds and related products. Its portfolio includes pipe fitting and industrial moulds, automotive moulds, Hot Runner Systems and household cleaning products under the WONDRA brand. The company and its subsidiaries operate seven manufacturing units across Maharashtra and serve customers in building materials, plastics and polymers, automotive, auto components and industrial engineering. It also exports products to North America, Asia and Africa. As of August 15, 2026, the company reported a consolidated order book of approximately ₹94.42 crore.
Om Galaxy IPO Timeline (Tentative)
The Om Galaxy IPO is scheduled to open on September 10 and close on September 15, 2026. The basis of allotment is expected on September 16, followed by refunds and demat credit on September 17. Listing is scheduled for September 18, 2026 on BSE SME.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Thu, Sep 10, 2026 |
| IPO Close Date | Tue, Sep 15, 2026 |
| Basis of Allotment | Wed, Sep 16, 2026 |
| Initiation of Refunds | Thu, Sep 17, 2026 |
| Credit of Shares to Demat | Thu, Sep 17, 2026 |
| Listing Date | Fri, Sep 18, 2026 |
| Anchor Bidding | September 9, 2026 |
| IPO Opens | September 10, 2026 |
| IPO Closes | September 15, 2026 |
| Basis of Allotment | September 16, 2026 |
| Refund Initiation | September 17, 2026 |
| Shares Credit to Demat | September 17, 2026 |
| Listing | September 18, 2026 |
Om Galaxy IPO Lot Size
The IPO lot size is 1,600 shares. Individual investors need to apply for a minimum of two lots, or 3,200 shares, requiring ₹2,88,000 at the upper price band.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹2,88,000 |
| Retail Maximum | 2 | 3,200 | ₹2,88,000 |
| S-HNI Minimum | 3 | 4,800 | ₹4,32,000 |
| S-HNI Maximum | 6 | 9,600 | ₹8,64,000 |
| B-HNI Minimum | 7 | 11,200 | ₹10,08,000 |
Om Galaxy IPO Reservation
The Om Galaxy IPO provides not more than 50% of the net issue for Qualified Institutional Buyers, not less than 15% for Non-Institutional Investors and not less than 35% for Individual Investors. Up to 60% of the QIB portion may be available for anchor investors.
Om Galaxy IPO Subscription
The IPO is yet to open for subscription. Subscription figures will be updated after bidding begins.
| Category | Subscription (times) |
|---|---|
| QIB | N.A. |
| NII | N.A. |
| RII | N.A. |
| Total | N.A. |
About Om Galaxy
Om Galaxy Limited was incorporated in 2008 and has developed into a precision mould manufacturing business serving several industrial applications. Its principal products include pipe fitting and industrial moulds, automotive moulds and Hot Runner Systems. The company has also diversified into household cleaning products under its WONDRA brand.
Its products are used in the manufacture of pipes, fittings, sanitaryware, plastic components, automotive parts and other engineered products. The company has in-house design and manufacturing capabilities and operates seven manufacturing units across Maharashtra, including facilities operated through its subsidiaries.
As of June 30, 2026, the company had 77 WONDRA SKUs. During FY2026, it manufactured 351 pipe fitting and industrial moulds and 89 automotive moulds. The consolidated order book stood at approximately ₹94.42 crore as of August 15, 2026.
Strengths
- Experienced promoters and management with a long operating history in precision mould manufacturing.
- Diversified portfolio covering pipe fitting moulds, industrial moulds, automotive moulds, Hot Runner Systems and cleaning products.
- In-house Hot Runner System capability supports an integrated product offering.
- Seven manufacturing units across Maharashtra.
- Products are supplied to customers in building materials, plastics, automotive and industrial engineering sectors.
- Presence in international markets including North America, Asia and Africa.
- FY2026 revenue from operations reached ₹124.00 crore, while EBITDA was ₹32.82 crore.
- EBITDA margin improved to 26.33% in FY2026.
- Consolidated order book of approximately ₹94.42 crore provides near-term revenue visibility.
- Operating cash flow improved substantially during FY2026.
Risks to Consider
- Pipe fitting moulds contributed approximately 73.62% of FY2026 revenue, creating product concentration risk.
- The top 10 customers accounted for a substantial share of revenue.
- Manufacturing operations are concentrated in Maharashtra.
- The company depends on a limited number of suppliers for important raw materials.
- Establishment and commissioning of the proposed new manufacturing facility involve execution and relocation risks.
- Total borrowings increased to approximately ₹37.79 crore as of March 2026.
- The WONDRA consumer-products business remains a relatively new diversification and reported an EBITDA loss in FY2026.
- SME-listed shares can experience lower liquidity and higher price volatility than mainboard stocks.
Om Galaxy Financials (₹ Cr)
The company reported FY2026 revenue of ₹124.68 crore, PAT of ₹16.64 crore and total borrowings of ₹37.79 crore. Net worth increased to ₹80.90 crore from ₹66.01 crore in FY2025.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2024 | ₹105.12 Cr | ₹12.04 Cr | ₹117.49 Cr | ₹49.89 Cr |
| FY2025 | ₹113.13 Cr | ₹15.92 Cr | ₹142.81 Cr | ₹66.01 Cr |
| FY2026 | ₹124.68 Cr | ₹16.64 Cr | ₹175.31 Cr | ₹80.90 Cr |
KPIs & Valuation
The following key performance indicators are based on the latest FY2026 financial information.
Objects of the Issue
The company proposes to utilise the net proceeds from the fresh issue for the following purposes:
- Capital expenditure of approximately ₹74.66 crore towards setting up a new manufacturing unit for consolidation of existing manufacturing units and expansion of production capacities.
- Repayment and/or pre-payment, in full or part, of certain outstanding borrowings up to ₹14.00 crore.
- General corporate purposes from the remaining net proceeds, subject to applicable limits.
Promoters, Lead Managers & Registrar
Indorient Financial Services Limited is the Book Running Lead Manager for the Om Galaxy IPO, while Bigshare Services Private Limited is appointed as the registrar to the issue. Aikyam Capital Private Limited is the underwriter and market maker.
Promoters
Lead Managers (BRLM)
Registrar
| Name | Bigshare Services Private Limited |
|---|---|
| Phone | +91 8657578989 / 8069219065 / 8069219060 |
| ipo@bigshareonline.com | |
| Website | https://www.bigshareonline.com/ipo_allotment.html |
Om Galaxy IPO Review
Om Galaxy has shown steady growth in revenue and profitability over FY2024-FY2026. Revenue from operations increased from ₹104.56 crore in FY2024 to ₹124.00 crore in FY2026, while PAT increased from ₹12.04 crore to ₹16.64 crore. EBITDA increased from ₹24.60 crore to ₹32.82 crore during the same period.
The IPO is entirely a fresh issue, allowing the company to raise capital for a new manufacturing facility and debt reduction rather than providing an exit through an OFS. Investors should nevertheless consider customer concentration, dependence on pipe fitting moulds, manufacturing concentration, execution risks associated with the new facility and the dilution resulting from the fresh issue.
How to Apply
Investors can apply for the Om Galaxy IPO through supported brokers, banks and IPO application platforms using UPI or ASBA during the bidding period.
Through UPI
- Log in to your broker or supported IPO application platform.
- Select Om Galaxy IPO.
- Enter the required number of lots.
- Provide your UPI ID.
- Submit the IPO application.
- Approve the UPI mandate received from your bank.
- Ensure sufficient funds remain available until the allotment process is completed.
Prospectus & Documents
The company's IPO documents include the Red Herring Prospectus and related offer documents. The RHP contains the latest issue structure, financial information, risk factors and objects of the issue.
Last updated Sep 7, 2026.