About Om Galaxy IPO
Om Galaxy IPO Details
The Om Galaxy IPO is a book-built SME issue of ₹105.00 crore, consisting entirely of a fresh issue of up to approximately 1.17 crore equity shares of face value ₹5 each. The IPO is proposed to be listed on the BSE SME platform. The price band has been fixed at ₹85–₹90 per share. The lot size is 1,600 shares, while retail investors must apply for a minimum of 3,200 shares, or two lots, requiring an investment of ₹2,88,000 at the upper price band.
The IPO will open for subscription on Thursday, September 10, 2026 and close on Tuesday, September 15, 2026. Indorient Financial Services Ltd. is the book-running lead manager, Bigshare Services Pvt. Ltd. is the registrar to the issue and Aikyam Capital Pvt. Ltd. is the market maker.
Om Galaxy IPO Date & Timeline
Om Galaxy Limited filed its draft offer document on March 30, 2026 and has now announced the public-issue terms. The IPO will open on Thursday, September 10, 2026 and close on Tuesday, September 15, 2026. The basis of allotment is expected to be finalised on Wednesday, September 16, 2026. Refunds are expected to be initiated and allotted shares are expected to be credited to eligible investors’ demat accounts on Thursday, September 17, 2026. The equity shares are tentatively scheduled to list on the BSE SME platform on Friday, September 18, 2026.
Om Galaxy IPO Timeline
| 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 |
| Cut-off time for UPI mandate confirmation | - |
Om Galaxy IPO Details
| Detail | Description |
|---|---|
| IPO Date | 10 to 15 Sep, 2026 |
| Listing Date | 18 Sep, 2026 |
| Face Value | ₹ 10 Per Equity Share |
| Issue Price Band | ₹ 85 to ₹ 90 |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Total Issue Size | 1,16,67,200 shares (agg. up to ₹ 105 Cr) |
| Reserved for Market Maker | 5,84,000 shares (agg. up to ₹ 5 Cr) Aikyam Capital Pvt.Ltd. |
| Fresh Issue(Ex Market Maker) | 1,10,83,200 shares (agg. up to ₹ 100 Cr) |
| Net Offered to Public | 1,10,83,200 shares (agg. up to ₹ 100 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 2,22,10,824 shares |
| Share Holding Post Issue | 3,38,78,024 shares |
Om Galaxy IPO GMP
A “grey market premium”, or GMP, refers to the unofficial premium at which IPO shares may trade in the unregulated grey market before exchange listing.
The Om Galaxy IPO GMP is currently trading at ₹0, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹90, which is 0.00% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
IPO Estimated Listing Return
Based on the IPO Price of ₹90 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹0 and a lot size of 1600 shares.
Om Galaxy IPO GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 14 Sep 2026 | ₹90 | ₹0 | 14 Sep, 202610:34 AM |
| 13 Sep 2026 | ₹90 | ₹0 | 13 Sep, 202610:34 AM |
| 12 Sep 2026 | ₹90 | ₹0 | 12 Sep, 202610:34 AM |
| 11 Sep 2026 | ₹90 | ₹0 | 11 Sep, 202610:34 AM |
| 10 Sep 2026 | ₹90 | ₹0 | 10 Sep, 202610:34 AM |
| 9 Sep 2026 | ₹90 | ₹0 | 9 Sep, 202610:34 AM |
| 8 Sep 2026 | ₹90 | ₹0 | 8 Sep, 202610:49 AM |
| 07 Sep, 2026 | ₹90 | ₹0 | 07 Sep, 202601:11 PM |
Company Background
Om Galaxy Limited was incorporated in October 2008 and is headquartered at Vasai in Maharashtra. The company is a precision-engineering business engaged in the design, development and manufacture of high-performance moulds and tooling solutions used in the plastics, building-materials, automotive and industrial-engineering sectors.
Its core products include pipe-fitting and industrial moulds, automotive moulds, Hot Runner Systems (HRS) and cleaning products marketed under the WONDRA brand. The company’s moulds are used in injection-moulding and blow-moulding applications for products such as pipes, fittings, sanitaryware, automotive components, containers and other plastic products where dimensional accuracy and repeatability are important.
Operations & Product Range
Om Galaxy Limited operates through its own facilities and subsidiaries, with manufacturing operations in Vasai/Palghar and Pune, Maharashtra. Its key product and business segments include:
- • Pipe-fitting and industrial moulds: Moulds for plastic pipes, fittings, sanitaryware, industrial components and related building-material applications.
- • Automotive moulds: Precision moulding tools and solutions for automotive-component manufacturing.
- • Hot Runner Systems: Systems used in injection moulding to improve material flow, production efficiency and moulding consistency.
- • WONDRA cleaning products: Consumer cleaning products marketed under the WONDRA brand; the company had 57 WONDRA-related stock-keeping units (SKUs) as of February 28, 2026.
- • Tooling and engineering solutions: Product-development, design and manufacturing capabilities supporting customers across plastics, automotive and industrial segments.
During FY2025, the company manufactured 241 pipe-fitting and industrial moulds and 98 automotive moulds. As of February 28, 2026, it had a consolidated order book of around ₹94.90 crore and employed 432 people across its operations.
Facilities & Capacity
Om Galaxy and its subsidiaries operate multiple manufacturing facilities in Maharashtra, including operations across Vasai/Palghar and Pune. The company has a reported combined manufacturing area of approximately 88,652 sq ft across its facilities.
The company proposes to use a substantial portion of the IPO proceeds to establish a new manufacturing unit. The project is intended to consolidate existing manufacturing units and expand production capacity, which could improve workflow integration, scale and operational efficiency.
Brands & Market Presence
Om Galaxy serves customers primarily in India, while also exporting moulds and tooling solutions to North America, Asia and Africa. Domestic sales accounted for 89.51% of revenue in FY2025, with export sales contributing the remaining 10.49%.
The company’s WONDRA brand supports its presence in consumer cleaning products, while its mould and tooling businesses cater to manufacturers in the plastics, building-materials, automotive and industrial-engineering industries. Its market presence therefore combines B2B engineering and tooling operations with a smaller branded consumer-products segment.
Revenue Streams & Business Model
Om Galaxy Limited generates revenue primarily through the manufacture and sale of moulds, tooling solutions, Hot Runner Systems and cleaning products. Its principal revenue streams include:
- • Sales of pipe-fitting and industrial moulds.
- • Sales of automotive moulds.
- • Sales of Hot Runner Systems and associated tooling solutions.
- • Sales of WONDRA-branded cleaning products.
- • Export sales of moulds and related engineering products.
The business model is manufacturing-led and relies on design capability, precision production, client-specific tooling development and repeat demand from industries using injection-moulding and blow-moulding processes. The mould business can benefit from customer relationships and technical expertise, but it is also exposed to project execution cycles, manufacturing utilisation, raw-material costs and demand conditions in the plastics, construction and automotive industries.
Financial Performance
Om Galaxy Limited has reported steady growth in revenue and profitability over the last three completed fiscal years. Revenue increased from ₹104.56 crore in FY2024 to ₹112.66 crore in FY2025 and further to ₹124.00 crore in FY2026, while profit after tax (PAT) rose from ₹12.04 crore to ₹15.92 crore and ₹16.64 crore, respectively. The company’s total assets increased from ₹117.49 crore in FY2024 to ₹142.81 crore in FY2025 and ₹175.31 crore in FY2026, while net worth grew from ₹49.89 crore to ₹66.01 crore and ₹80.90 crore over the same period.
For FY2026, EBITDA margin stood at 26.33% and PAT margin was 13.42%. Return on equity (ROE) and return on net worth (RoNW) were both 22.13%, while return on capital employed (ROCE) was 20.39%. The debt-to-equity ratio stood at 0.45, net asset value (NAV) per share was ₹35.94 and price-to-book value was 2.50x. Borrowings declined from ₹32.07 crore in FY2024 to ₹25.13 crore in FY2025, before increasing to ₹37.79 crore in FY2026, which investors should assess alongside the company’s planned manufacturing expansion.
Management & Shareholding
Om Galaxy Limited is promoted by Opindersingh Bachattarsingh Baddhan, Jyothish Rajamohanan Nambiar, Sathyapalan Ayadathil Poyil, Gagandeep Opinder Singh Baddhan and Meena O. Baddhan. The promoters held 100% of the company’s pre-issue equity share capital, according to the available offer summaries.
The fresh issue of up to 1,16,67,200 shares will dilute promoter ownership after the IPO. However, because the issue is entirely a fresh issue and no promoter shares are being sold through an OFS, the funds raised will go to the company rather than to selling shareholders.
Board & Key Management
The Board of Directors of Om Galaxy Limited oversees corporate governance, strategic direction, financial controls and risk management. The management team combines experience in precision mould manufacturing, product development, industrial engineering and business operations.
Om Galaxy IPO Financial Information
Latest Revenue
₹ 124.00 Cr
Profit After Tax
₹ 16.64 Cr
Net Worth
₹ 80.90 Cr
Total Borrowing
₹ 37.79 Cr
| Period Ended | Assets | Revenue | Profit (PAT) | Net Worth | Reserves | Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 2026 | 175.31 | 124.00 | 16.64 | 80.90 | 69.80 | 37.79 |
| 31 Mar 2025 | 142.81 | 112.66 | 15.92 | 66.01 | 62.93 | 25.13 |
| 31 Mar 2024 | 117.49 | 104.56 | 12.04 | 49.89 | 47.30 | 32.07 |
| Amount in ₹ Crore | ||||||
Om Galaxy Key Performance Indicator
| KPI | Values(31 Mar 2026) |
|---|---|
| ROE | 22.13 % |
| ROCE | 20.39 % |
| Debt/Equity | 0.45 |
| RoNW | 22.13 % |
| PAT Margin | 13.42 % |
| EBITDA Margin | 26.33 % |
| Price to Book Value | 2.50 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.49 | 4.91 |
| P/E (x) | 12.02 | 18.33 |
Om Galaxy IPO Objectives
The company proposes to utilise the net proceeds of the fresh issue towards:
- • ₹77.51 crore for capital expenditure to establish a new manufacturing unit for consolidation of existing manufacturing units and expansion of production capacity.
- • ₹14.00 crore for prepayment or repayment, in full or in part, of certain outstanding borrowings.
- • Balance towards general corporate purposes.
Om Galaxy IPO Review
Om Galaxy operates in the specialised precision-mould and tooling industry, supplying products used in pipe fittings, plastic products, sanitaryware, automobiles and industrial applications. Its business benefits from the need for technically reliable moulds in high-volume manufacturing processes, particularly where accuracy, repeatability and product consistency matter.
The company’s financial trend is favourable: revenue increased from ₹104.56 crore in FY2024 to ₹112.66 crore in FY2025 and further to ₹124.00 crore in FY2026, while profit after tax (PAT) rose from ₹12.04 crore to ₹15.92 crore and ₹16.64 crore, respectively. In FY2026, EBITDA margin stood at 26.33% and PAT margin was 13.42%, while return on equity (ROE) was 22.13% and return on capital employed (ROCE) was 20.39%, indicating a profitable operating model.
The key positive is the company’s planned manufacturing consolidation and capacity expansion, supported by a ₹94.90 crore consolidated order book as of February 28, 2026. Key risks include dependence on demand from plastics, construction and automotive customers; execution risk in setting up the new unit; customer and sector concentration; raw-material-price movements; and the liquidity risks typically associated with SME-listed shares.
Conclusion
The Om Galaxy IPO offers investors exposure to a precision-engineering and mould-manufacturing business with operations across industrial moulds, automotive tooling, Hot Runner Systems and the WONDRA consumer-products brand. The company has recorded an improvement in revenue, PAT, margins, net worth and leverage over FY2023–FY2025.
The investment case will depend materially on valuation at the ₹85–₹90 price band, the company’s execution of its manufacturing-consolidation project and its ability to convert the reported order book into profitable revenue. Investors should also weigh the company’s relatively concentrated exposure to manufacturing-linked end markets and the heightened liquidity risk associated with BSE SME stocks.
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Competitive Strengths
Precision-engineering capabilities: Design, development and manufacture of high-performance moulds and tooling products for industrial, building-material and automotive applications.
Diversified product portfolio: Pipe-fitting and industrial moulds, automotive moulds, Hot Runner Systems and 57 WONDRA cleaning-product SKUs as of February 28, 2026.
Manufacturing footprint: Operations across Vasai and Pune, with reported combined manufacturing area of around 88,652 sq ft across seven facilities.
Order visibility: Consolidated order book of approximately ₹94.90 crore as of February 28, 2026.
Improving financial profile: FY2026 revenue of ₹124.00 crore, PAT of ₹16.64 crore, EBITDA margin of 26.33%, PAT margin of 13.42%, ROE of 22.13% and debt-to-equity ratio of 0.45.
Domestic and export reach: FY2025 sales were 89.51% domestic and 10.49% export, with international supply across North America, Asia and Africa.
Download regulatory filings
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | 2,88,000 |
| Individual investors (Retail) (Max) | 2 | 3,200 | 2,88,000 |
| S-HNI (Min) | 3 | 4,800 | 4,32,000 |
| S-HNI (Max) | 6 | 9,600 | 8,64,000 |
| B-HNI (Min) | 7 | 11,200 | 10,08,000 |