Om Galaxy IPO Opens September 10, Aims To Raise ₹105 Crore

Om Galaxy Limited, a precision mould manufacturer, has announced the opening of its initial public offering (IPO) for subscription on September 10. The company aims to raise approximately ₹105 crore at the upper price band. The IPO will remain open until September 15, and the company's shares are proposed to be listed on the BSE SME platform.

The public issue comprises 1,16,67,200 equity shares, with a face value of ₹5 each. The price band has been fixed at ₹85-90 per equity share. Out of the total shares, 33,21,600 shares have been earmarked for anchor investors, 22,16,000 shares for net qualified institutional buyers, and 16,64,000 shares for non-institutional investors. Individual investors have been allocated 38,81,600 shares, while the market-maker portion comprises 5,84,000 shares.

The company plans to use the IPO proceeds to establish a new manufacturing facility, consolidating its existing units and expanding production capacity. Funds will also be deployed towards repayment or prepayment of certain borrowings and general corporate purposes. Om Galaxy operates seven manufacturing units in Maharashtra and produces pipe-fitting, industrial, and automotive moulds. It also manufactures hot runner systems through its subsidiary Infuse HRS Private Limited.

Om Galaxy has diversified into consumer cleaning products under its WONDRA brand, which had 77 SKUs as of June 30, 2026. The company's mould-making capabilities extend to large products featuring up to 64 cavities and weighing 6-7 tonnes. In FY26, Om Galaxy reported revenue of ₹124 crore, EBITDA of ₹32.82 crore, and profit after tax of ₹16.64 crore.

Indorient Financial Services is the book-running lead manager, while Bigshare Services is the registrar to the issue. Anchor bidding took place on September 9. The company's expansion plans and diversification into new products are expected to drive growth in the coming years.

The IPO is an opportunity for investors to participate in the company's growth story. With a strong financial performance in FY26, Om Galaxy is well-positioned to capitalize on the growing demand for precision moulds and consumer cleaning products.

The listing of Om Galaxy's shares on the BSE SME platform is expected to provide liquidity to investors and enhance the company's visibility in the market. The company's plans to expand its manufacturing capacity and diversify into new products are expected to drive long-term growth and profitability.

In conclusion, the Om Galaxy IPO offers an opportunity for investors to participate in the company's growth story. With a strong financial performance, diversified product portfolio, and expansion plans, Om Galaxy is well-positioned to capitalize on the growing demand for precision moulds and consumer cleaning products.

The IPO is a significant development for the company, and its success is expected to have a positive impact on the industry. The listing of Om Galaxy's shares on the BSE SME platform is expected to provide a boost to the company's growth plans and enhance its visibility in the market.

Overall, the Om Galaxy IPO is an important event for the company and its investors. With a strong financial performance, diversified product portfolio, and expansion plans, Om Galaxy is well-positioned to drive growth and profitability in the coming years.

The company's focus on precision moulds and consumer cleaning products is expected to drive long-term growth and profitability. The IPO is an opportunity for investors to participate in the company's growth story and capitalize on the growing demand for these products.

In the coming years, Om Galaxy is expected to continue its growth trajectory, driven by its expansion plans, diversified product portfolio, and strong financial performance. The company's listing on the BSE SME platform is expected to provide liquidity to investors and enhance its visibility in the market.

The success of the IPO is expected to have a positive impact on the industry, and Om Galaxy is well-positioned to capitalize on the growing demand for precision moulds and consumer cleaning products. The company's growth plans and diversified product portfolio are expected to drive long-term growth and profitability.

The Om Galaxy IPO is a significant development for the company and its investors. With a strong financial performance, diversified product portfolio, and expansion plans, Om Galaxy is well-positioned to drive growth and profitability in the coming years. The company's focus on precision moulds and consumer cleaning products is expected to drive long-term growth and profitability, and the IPO is an opportunity for investors to participate in the company's growth story.

What it means for Mumbai is that Om Galaxy's growth plans and expansion into new products will likely have a positive impact on the local economy, creating new job opportunities and driving growth in the manufacturing sector. The company's listing on the BSE SME platform will also provide a boost to the city's financial sector, enhancing its reputation as a hub for entrepreneurial activity and innovation.

In conclusion, the Om Galaxy IPO is a significant event for the company, its investors, and the city of Mumbai. With a strong financial performance, diversified product portfolio, and expansion plans, Om Galaxy is well-positioned to drive growth and profitability in the coming years, and its listing on the BSE SME platform is expected to have a positive impact on the local economy and financial sector.