Om Galaxy IPO open date is September 10, 2026 and the IPO will close on September 15, 2026. Om Galaxy IPO is a Book built Issue. The company to raise around ₹105 crores via IPO that comprises fresh issue of ₹105 crores and offer for sale up to [.] equity shares with face value of ₹5 each.
Om Galaxy IPO price band is ₹85 to ₹90 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Om Galaxy IPO to list on BSE SME on September 18, 2026. The allotment of Om Galaxy IPO date is September 16 2026.
The company reported revenue of ₹124.68 crores in 2026 against ₹113.13 crores in 2025. The company reported profit of ₹16.64 crores in 2026 against profit of ₹15.92 crores in 2025. As per the financials, the IPO investors should apply the IPO for a long term.
Om Galaxy SME IPO is one of the SME IPOs attracting investor attention in September 2026. The IPO is a book-built issue with a total size of up to ₹105 crore. The issue opened for subscription on 10 September 2026 and will close on 15 September 2026.
The company has fixed the Om Galaxy IPO price band at ₹85 to ₹90 per share. The shares are proposed to be listed on the BSE SME platform on 18 September 2026, subject to the completion of the IPO process.
Om Galaxy SME IPO – Key Highlights
| Particular | Details |
|---|---|
| Company Name | Om Galaxy Ltd. |
| IPO Type | SME IPO |
| IPO Open Date | 10 September 2026 |
| IPO Close Date | 15 September 2026 |
| Price Band | ₹85 – ₹90 per share |
| Issue Size | Up to ₹105 crore |
| Lot Size | 1,600 shares |
| Minimum Retail Application | 3,200 shares / 2 lots |
| Minimum Investment at ₹90 | ₹2,88,000 |
| Allotment Date | 16 September 2026 |
| Refund/Share Credit | 17 September 2026 |
| Listing Date | 18 September 2026 |
| Listing Platform | BSE SME |
| Lead Manager | Indorient Financial Services Ltd. |
| Registrar | Bigshare Services Pvt. Ltd. |
The minimum retail application is two lots, or 3,200 shares, which requires approximately ₹2.88 lakh at the upper price band of ₹90.
About Om Galaxy Limited
Om Galaxy Limited was incorporated in 2008 and operates in the manufacturing and engineering products segment. The company is involved in the design, development and manufacturing of pipe fittings, industrial moulds, automotive moulds, Hot Runner Systems and cleaning products.
The company also markets cleaning products under its WONDRA brand. Its products serve industries such as building materials, plastics and polymer processing, automotive and industrial engineering.
Om Galaxy IPO GMP Today
Om Galaxy IPO GMP is an unofficial indicator of market sentiment before listing. As of the latest available updates, several IPO trackers were reporting ₹0 GMP, although GMP figures can vary between sources and can change quickly.
Investors should remember that the grey market is unofficial and unregulated. GMP should not be treated as a guaranteed
| Subscription Details (No. of Shares) | |||
|---|---|---|---|
| Category | Offered | Applied | Times |
| QIBs | 2216000 | 6891200 | 3.11 |
| HNIs | 1664000 | 86400 | 0.05 |
| bHNI | 1108800 | 62400 | 0.06 |
| sHNI | 555200 | 24000 | 0.04 |
| Individual | 3881600 | 377600 | 0.1 |
| Total | 7761600 | 7355200 | 0.95 |
Application-Wise Breakup | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 231 | 6 | 0.03 |
| HNIs (3-10L) | 116 | 4 | 0.03 |
| Individual | 1213 | 118 | 0.1 |
| 7% | 8% | 9% | 10% | 11% | 12% |
|---|---|---|---|---|---|
| ₹0.4 | ₹0.4 | ₹0.5 | ₹0.5 | ₹0.6 | ₹0.6 |
Day-wise Subscription (times)
| Category | Day 1 | Day 2 |
|---|---|---|
| QIBs | 1.81 | 3.11 |
| HNIs | 0.05 | 0.05 |
| bHNI | 0.06 | 0.06 |
| sHNI | 0.03 | 0.04 |
| Individual | 0.04 | 0.1 |
| Total | 0.55 | 0.95 |
Lot Size & Investment
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 3200 | 288000 | 1213 |
| sHNI | 3 | 4800 | 432000 | 116 |
| bHNI | 7 | 11200 | 1008000 | 231 |
Share Reservation
| Category | Shares Offered | % |
|---|---|---|
| Total | 11667200 | 100% |
| Anchor | 3321600 | 28.47% |
| QIB | 2216000 | 18.99% |
| HNI | 1664000 | 14.26% |
| INDIVIDUAL | 3881600 | 33.27% |
| Market Maker | 584000 | 5.01% |
Key Performance Indicators (KPI)
| KPI | FISCAL-26 | FISCAL-25 | FISCAL-24 |
|---|---|---|---|
| ROE | 22.13% | 26.82% | 28.26% |
| ROCE | 20.39% | 25.11% | 21.57% |
| EPS (BASIC) | 7.20 | 6.89 | 5.38 |
| P/E Pre IPO | 12.02 | ||
| P/E Post IPO | 18.33 |
Company Financial (In ₹Crore)
| Period Ended | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 175.31 | 142.81 | 117.49 |
| Total Income | 124.67 | 113.13 | 105.12 |
| Profit After Tax | 16.63 | 15.92 | 12.04 |
| EBITDA | 32.82 | 29.36 | 24.6 |
| NET Worth | 80.90 | 66.01 | 49.89 |
| Reserves and Surplus | 69.79 | 62.93 | 47.3 |
| Total Borrowing | 37.78 | 25.13 | 32.06 |
COMPARISON WITH INDUSTRY PEERS
*Company does not have any peer group company for comparison with Industry Peer.
About Company
Om Galaxy Limited was incorporated as “Om Galaxy Precision Mould Crafts Private Limited” on October 8, 2008, under the Companies Act, 1956. The Company changed its name to “Om Galaxy Private Limited” on October 16, 2024, and was subsequently converted into a Public Limited Company and renamed “Om Galaxy Limited”, with a fresh Certificate of Incorporation issued on December 9, 2024.
The Company is engaged in the design, development and manufacturing of pipe fitting moulds, industrial moulds, automotive moulds, Hot Runner Systems (HRS) and cleaning products. Its core mould business caters primarily to the building materials, plastics & polymer processing and automotive & auto components industries. Through its subsidiaries, OMG Auto Mould Private Limited and Infuse HRS Private Limited, the Company also manufactures automotive moulds and HRS. Since Fiscal 2025, it has diversified into cleaning products such as mops, brushes, scrubbers, wipers and brooms under the “WONDRA” brand.
The Company specialises in injection moulding and blow moulding products. In Fiscal 2026, it manufactured 351 pipe fittings and industrial moulds of dimensions up to 1125 × 725 × 712 mm with up to 4 cavities, and 89 automotive moulds of dimensions up to 2230 × 620 × 300 mm. As of June 30, 2026, it had 77 SKUs under the WONDRA brand.
The Company and its subsidiaries operate from seven manufacturing units across Vasai and Pune, Maharashtra, covering a total area of 88,652.16 sq. ft. and employing around 630 people. It receives orders from domestic and international customers across building materials, plastics and polymers, automotive, auto components and industrial engineering applications. The Company exports to North America, Asia and Africa. In Fiscal 2026, 91.74% of revenue came from domestic sales and 5.10% from exports.
The Company has a strong promoter-led history. Opindersingh Bachattarsingh Baddhan began his entrepreneurial journey in 1999 by establishing “OM Enterprises”, a small toolroom focused on industrial mould manufacturing. With growing expertise, technology adoption and teamwork, the business expanded and led to the incorporation of Om Galaxy in 2008. Over the years, the Company expanded its manufacturing infrastructure and capabilities, evolving into an established manufacturer of pipe fittings, industrial and automotive moulds and HRS.
The Company has two direct subsidiaries: OMG Auto Mould Private Limited, incorporated in 2019, in which the Company holds 75%, engaged in automotive moulding solutions; and Infuse HRS Private Limited, incorporated in 2021, in which the Company holds 73%, engaged in manufacturing Hot Runner Systems used to improve efficiency in injection moulding.
The Company’s core capabilities include specialised mould design using dedicated software, development of moulds according to customer specifications, and manufacturing of moulds for diverse applications with a focus on quality and consistency.
Strengths
Experienced Management Team: Experienced Promoters, Directors and Senior Management with strong knowledge of the mould manufacturing industry, customer requirements, pricing and operational execution.
Diversified Product Portfolio & In-House Capabilities: Offers moulds, HRS and cleaning products with in-house design and manufacturing capabilities. Since 2008, the Company has expanded from 400–600 mm moulds to complex moulds of up to 64 cavities weighing 6–7 tons.
Strong Customer Relationships & Recurring Business: Long-standing relationships with established customers, supported by quality and customer service, have contributed to business growth, market-share expansion and recurring business.
Risk Factors
Dependence on Pipe Fittings Moulds: A significant portion of revenue comes from pipe fittings moulds for the building materials and plastic & polymer processing industries. Lower demand or customer loss in this segment could adversely affect business, cash flows and financial performance.
Risks in Setting Up New Manufacturing Unit: Consolidating four existing units into a new manufacturing unit requires significant capital and involves execution, relocation, approval and resource risks. Delays or inability to stabilize operations could disrupt business continuity and affect financial performance.
Under-Utilization of Manufacturing Capacity: The Company and its subsidiaries operate seven manufacturing units in Maharashtra. Failure to effectively utilize existing or expanded capacity could adversely affect business, future prospects and financial performance. listing price or as the sole basis for an IPO investment decision.
Om Galaxy IPO GMP Calculation
If the issue price is ₹90 and the GMP is ₹0:
Estimated Listing Price = ₹90 + ₹0 = ₹90
Estimated Listing Gain = ₹0 per share
This is only an indicative calculation. The actual listing price can be significantly different from the GMP-based estimate.
Om Galaxy IPO Subscription Status
The subscription response can change throughout the bidding period. An update reported on 11 September 2026 showed the issue at approximately 0.58 times subscribed, with QIB bidding stronger than retail and NII participation at that point. Final subscription figures should be checked after the issue closes.
Where Will Om Galaxy Use IPO Funds?
The company intends to use the IPO proceeds primarily for expansion and financial requirements.
The major objects include:
- Setting up a new manufacturing unit
- Consolidating existing manufacturing facilities
- Expanding production capacity
- Repayment or pre-payment of certain borrowings
- General corporate purposes
Around ₹74.66 crore has been indicated for capital expenditure related to the new manufacturing unit, while approximately ₹14 crore is intended toward repayment/pre-payment of borrowings.
Om Galaxy Financial Performance
According to available IPO analysis, Om Galaxy's total income increased from approximately ₹105.12 crore in FY2024 to ₹113.13 crore in FY2025 and around ₹124.68 crore in FY2026.
Profit after tax increased from approximately ₹12.04 crore in FY2024 to ₹15.92 crore in FY2025 and ₹16.64 crore in FY2026.
This indicates growth in both revenue and profitability, although investors should examine the company's offer documents, valuation, debt, cash flows and future business risks before making an investment decision.
Om Galaxy IPO Strengths
Some factors investors may consider include:
- Diversified product portfolio
- Presence across multiple industrial segments
- Expansion through a new manufacturing facility
- Growth in revenue and profit
- Products serving automotive, plastics, building-material and industrial customers
- Fresh capital being raised for business expansion
Om Galaxy IPO Risks
Like other SME IPOs, Om Galaxy also carries risks.
The main risks include:
- SME stocks can have lower liquidity than mainboard stocks.
- The minimum investment requirement is relatively high.
- GMP is unofficial and can change rapidly.
- Manufacturing businesses can be affected by raw-material costs and demand cycles.
- Future performance may differ from historical financial results.
- Investors should carefully read the company's RHP and risk factors before applying.
Should You Apply for Om Galaxy SME IPO?
Whether to apply for the Om Galaxy SME IPO depends on your risk appetite, investment horizon and assessment of the company's valuation and business prospects.
The company has shown revenue and profit growth and plans to use a significant portion of the IPO proceeds for manufacturing expansion. However, the issue's SME structure and relatively high minimum application amount make it important for investors to evaluate liquidity and risk carefully.
Do not apply solely because of IPO GMP. GMP is an unofficial market indicator and does not guarantee the actual listing price.
Om Galaxy IPO Allotment Date
The basis of allotment is expected to be finalized on 16 September 2026. Refund initiation and share credit are expected on 17 September 2026, followed by the proposed listing on 18 September 2026.
Investors can check the allotment status through the IPO registrar once the allotment is finalized.
Conclusion
The Om Galaxy SME IPO 2026 offers investors an opportunity to participate in a manufacturing company involved in pipe fittings, industrial moulds, Hot Runner Systems and cleaning products. With a price band of ₹85–₹90 and an issue size of up to ₹105 crore, the IPO is focused on raising fresh capital for manufacturing expansion and other corporate requirements.
Investors should consider the company's financial performance, valuation, SME-specific risks, subscription data and official offer documents before making any investment decision. IPO GMP can provide an indication of grey-market sentiment, but it should never be considered a guaranteed listing prediction.
Om Galaxy IPO – Frequently Asked Questions
What is the Om Galaxy IPO price band?
The price band is ₹85 to ₹90 per share.
What is the Om Galaxy IPO lot size?
The lot size is 1,600 shares.
What is the minimum investment in Om Galaxy IPO?
At the upper price of ₹90, one lot costs ₹1.44 lakh. The minimum retail application reported for the issue is two lots, or ₹2.88 lakh.
When does Om Galaxy IPO close?
The IPO closes on 15 September 2026.
What is Om Galaxy IPO GMP today?
Available trackers were reporting ₹0 GMP in the latest updates, but GMP can change and different trackers may report different figures.
When is Om Galaxy IPO allotment?
The expected allotment date is 16 September 2026.
When will Om Galaxy IPO list?
The proposed listing date is 18 September 2026 on the BSE SME platform.
Is Om Galaxy IPO a mainboard IPO?
No. Om Galaxy is an SME IPO proposed to be listed on BSE SME.