Om Galaxy Limited IPO Launch

Om Galaxy Limited announced that its initial public offering will open on Thursday, 10 September 2026, with the issue slated to close on Tuesday, 15 September 2026. The company seeks to raise up to ₹105 crore by issuing a total of 1,16,67,200 equity shares at a price band of ₹85 to ₹90 per share, each share having a face value of ₹5.

Share Allocation

  • Anchor Investor: 33,21,600 shares
  • Net Qualified Institutional Buyer (NQIB): 22,16,000 shares
  • Non‑Institutional Investors: 16,64,000 shares
  • Individual Investors: 38,81,600 shares
  • Market Maker: 5,84,000 shares

The anchor bidding is scheduled for Wednesday, 9 September 2026. Indorient Financial Services Limited is appointed as the Book Running Lead Manager and Bigshare Services Private Limited as the Registrar to the issue.

Use of Proceeds

The net proceeds will be employed for (i) capital expenditure to set up a new consolidated manufacturing facility that will bring together the company’s existing units and expand production capacity, (ii) repayment of a portion of outstanding borrowings, and (iii) general corporate purposes.

Management Comments

Chairman & Managing Director Mr. Opindersingh Bachattarsingh Baddhan stated that the IPO marks a milestone since the company’s inception in 2008 with a single mould‑making unit, highlighting the development of precision tooling for pipe fittings, industrial and automotive moulds, the addition of in‑house hot‑runner systems through its subsidiary Infuse HRS, and forward integration into consumer cleaning products under the WONDRA brand. He reiterated that the fresh issue proceeds will strengthen operational efficiency and support the next growth phase.

Mr. Prashant Dhebar, Director of Indorient Financial Services Limited, noted Om Galaxy’s consistent growth over fiscal years 2024‑2026, driven by repeat business from a stable customer base and healthy capacity utilisation, and affirmed that the deployment of proceeds toward a consolidated plant, capacity expansion and debt repayment positions the company to capture structural growth in India’s dies and moulds market.

Company Profile

Om Galaxy Limited designs, develops and manufactures pipe‑fitting moulds and industrial moulds for the building‑materials, plastics and polymer‑processing sectors. It operates seven manufacturing units in Maharashtra and serves customers in building materials, plastics, automotive and industrial engineering. Subsidiaries include OMG Auto Mould Private Limited (automotive moulds) and Infuse HRS Private Limited (hot‑runner systems). The firm has expanded capability to produce moulds with up to 64 cavities weighing 6‑7 tons. It has also diversified into the cleaning‑products segment under the brand WONDRA, offering 77 SKUs as of 30 June 2026.

Financial performance for FY 2026 shows revenue of ₹12,400.14 lakhs, EBITDA of ₹3,282.14 lakhs and profit after tax of ₹1,663.58 lakhs.