If you applied for the IPO of Om Power Transmission, your wait is almost over.
The allotment is expected to be finalised on April 15, and the shares are likely to list on April 17.
The IPO price band was set between Rs 166 and Rs 175 per share.
Here’s a simple guide to help you check your allotment status quickly.
How to Check IPO Allotment Status
You can check your allotment status online in three easy ways:
Via BSE Website
Visit the IPO allotment page
Select ‘Equity’ as issue type
Choose ‘Om Power’ from the list
Enter your application number or PAN
Complete captcha and click Search
Via NSE Website
Go to IPO application tracking page
Click on ‘Equity and SME IPO Bid Details’
Select ‘Om Power’
Enter your application number and PAN
Submit to view status
Via Registrar Website
You can also check through MUFG Intime India:
Visit the official website
Select ‘Om Power Transmission’
Enter PAN / Application No. / DP ID / Bank details
Click Search
Subscription Details: Strong Investor Interest
The IPO received a good response from investors.
Overall subscription: 3.33 times
Qualified Institutional Buyers (QIBs): 3.65 times
Non-Institutional Investors (NIIs): 7.06 times
Retail Investors: 1.54 times
This shows strong interest, especially from high-net-worth investors.
Grey Market Premium and Listing Expectations
The Grey Market Premium (GMP) for the IPO was around Rs 4.5.
This suggests a possible listing price near Rs 179.5, which is a modest gain of over 2% from the upper price band.
However, GMP is unofficial and actual listing prices may differ.
Key IPO Details at a Glance
IPO open dates: April 9 to April 13
Price band: Rs 166 – Rs 175
Issue size: Around Rs 150 crore
Listing date: April 17
Listing exchanges: NSE and BSE
The IPO was managed by Beeline Capital Advisors, with MUFG Intime India acting as the registrar.
What Should Investors Do Now?
If you’ve applied, keep your PAN or application number ready and check your allotment status today.
If you receive shares, you can decide whether to hold or sell based on listing performance.
If not, the refund process will begin soon.
This IPO may offer modest listing gains, but as always, market conditions can influence the final outcome.
