Smart Market Insights
Om Galaxy IPO Details: Key Dates, Price Band & Investment Overview
By Wealthova | Last Updated: September 8, 2026
Om Galaxy Limited, an established player in the industrial engineering and tooling sector incorporated in 2008, is gearing up to make its primary market debut with an upcoming ₹105.00 Crore SME IPO. The company specializes in the design, development, and manufacturing of pipe fittings, industrial moulds, auto moulds, hot runner systems (HRS), and cleaning products under its brand “WONDRA”. The subscription window for this book-built issue opens on September 10, 2026, and closes on September 15, 2026, with the price band set between ₹85 to ₹90 per equity share. Unlike combined offerings, this IPO is entirely a Fresh Issue of ₹105.00 Crore (1.17 crore shares), containing absolutely no Offer for Sale (OFS) component. The company plans to utilize the fresh capital to fund significant capital expenditure for establishing a new consolidated manufacturing unit (₹74.66 Crore), repaying outstanding corporate borrowings (₹14.00 Crore), and supporting general corporate purposes. Set to list exclusively on the BSE SME platform on September 18, 2026, market participants are closely watching this integrated mould manufacturer as we break down its financial health, industry risk factors, and honest Smart Market Insights below to help you decide if you should subscribe to this issue!
Om Galaxy IPO Details
Quick IPO Factsheet
September 10, 2026
September 15, 2026
₹85 to ₹90
(Book Built)1,600 Shares
(Min. 2 Lots for Retail)₹105.00 Cr
(1.17 Crore Shares)₹105.00 Cr
35% Allocation
₹5 Base
SME (BSE SME)
Om Galaxy IPO Timeline
Deep-Dive Corporate Profile: What Does Om Galaxy Limited Do?
Incorporated in 2008, Om Galaxy Limited is an established industrial engineering enterprise specializing in high-precision tooling and moulding solutions. The company operates a deeply integrated business model, positioning itself as a "one-stop" tooling partner for diverse industrial sectors.
- Core Manufacturing: Om Galaxy designs, develops, and manufactures highly complex plastic injection moulds, blow moulds, and Hot Runner Systems (HRS).
- Diverse Applications: Their custom tooling solutions are critical for producing pipe fittings, industrial plastic components, and specialized automotive parts, serving vast sectors like building materials, polymer processing, and auto components.
- Proprietary Brand: Beyond B2B industrial tooling, the company also manufactures and retails a proprietary line of consumer cleaning products under its own brand name, "WONDRA".
- Integrated Capabilities: By manufacturing Hot Runner Systems (HRS) in-house—a complex thermal component that injects molten plastic into moulds—Om Galaxy significantly reduces customer coordination times, deepens client stickiness, and maintains rigorous quality control over the entire tooling lifecycle.
Why is the Company Raising Funds? (Objects of the Issue)
The Om Galaxy IPO is a substantial ₹105.00 Crore Fresh Issue, with absolutely no Offer for Sale (OFS) component. The company intends to deploy the net proceeds strategically toward massive capacity expansion and debt reduction.
- Major Capital Expenditure (₹74.66 Crore): A massive portion of the IPO proceeds is strictly earmarked for setting up a brand-new manufacturing unit. This flagship facility will serve to consolidate their existing manufacturing operations into a single hub, drastically expand production capacities, and improve overall operational efficiencies.
- Debt Repayment (₹14.00 Crore): A portion of the funds will be utilized for the full or partial prepayment of certain outstanding corporate borrowings. This deleveraging will directly reduce finance costs and strengthen the company's balance sheet.
- General Corporate Purposes: The remaining balance will be allocated toward routine working capital needs, business development, and strategic contingencies.
Company Financials
| 📅 Period Ended | 📈 Total Income | 💼 Net Worth | 💰 PAT | 🏦 Assets |
|---|---|---|---|---|
| FY 2024 | ₹105.12 | ₹49.89 | ₹12.04 | ₹117.49 |
| FY 2025 | ₹113.13 | ₹66.01 | ₹15.92 | ₹142.81 |
| FY 2026 | ₹124.68 | ₹80.90 | ₹16.64 | ₹175.31 |
Om Galaxy IPO Key Performance Indicators (KPIs)
| Financial KPI (FY26)* | Value |
|---|---|
| Return on Capital Employed (ROCE) | 20.39% (FY26) |
| Debt to Equity Ratio | 0.45 (FY26) |
| Return on Net Worth (RoNW) | 22.13% (FY26) |
| PAT Margin | 13.42% (FY26) |
| EBITDA Margin | 26.33% (FY26) |
| Net Asset Value (NAV) | ₹35.94 (FY26) |
| Price to Book (P/B) Value | 2.50x (Pre-IPO) |
| Earnings Per Share (EPS) | ₹7.49 (Pre-IPO) | ₹4.91 (Post-IPO) |
| Price/Earning (P/E) Ratio | 12.02x (Pre-IPO) | 18.33x (Post-IPO) |
| Market Cap at Offer Price | ₹199.90 Cr (Pre) | ₹304.90 Cr (Post) |
Promoters & Shareholding Pattern
| Shareholder Category | Pre-IPO Holding | Post-IPO Holding |
|---|---|---|
| Promoter & Promoter Group | 100.00% | 65.56% |
| Public / Institutional / Others | 0.00% | 34.44% |
Om Galaxy Limited is promoted by Opindersingh Bachattarsingh Baddhan, Gagandeep Opinder Singh Baddhan, and their founding team. Prior to this issue, the promoter group held a complete 100.00% equity stake. Post-issue, factoring in the massive ₹105.00 Crore fresh equity expansion, the promoter holding dilutes to a highly stable 65.56%, with the public and institutional float settling at 34.44%. The complete absence of an Offer for Sale (OFS) ensures that 100% of the IPO proceeds are injected directly into the company's infrastructure growth (new manufacturing unit) and debt repayment rather than providing an exit for existing shareholders. Retaining over 65% of the company post-listing signals strong ongoing conviction from the founding team.
Industry Peer Comparison
| Company Name | EPS (₹) | P/E Ratio (Post-IPO) | RoNW (%) |
|---|---|---|---|
| Om Galaxy Ltd (IPO) | 4.91 | 18.33x | 22.13% |
| *There are no listed companies in India comparable to Om Galaxy Limited in terms of exact business activities and scale. | |||
As officially disclosed in their Red Herring Prospectus (RHP), Om Galaxy Limited has no directly comparable listed peers in India that match its exact blend of pipe fitting moulds, Hot Runner Systems (HRS), and integrated tooling operations. This absence of direct peers grants the company a unique scarcity value on the public exchanges, often allowing such businesses to command premium valuations post-listing if they maintain strong execution.
IPO Strengths & Key Risks
Smart Market Insights
Om Galaxy Limited enters the BSE SME platform with a compelling operational footprint in precision industrial engineering and custom mould manufacturing. Positioning itself as a comprehensive "one-stop" tooling partner, the company specializes in complex plastic injection moulds, blow moulds, and Hot Runner Systems (HRS) for high-growth sectors like auto components, building products, and polymer piping, alongside its proprietary "WONDRA" consumer brand. This operational integration has translated into strong financial compounding: Total Income grew to ₹124.68 Crore in FY26, while Profit After Tax (PAT) expanded to ₹16.64 Crore, demonstrating enviable pricing power and operational efficiency with an EBITDA margin of 26.33% and a PAT margin of 13.42%.
The company’s capital structure remains sound, supported by an FY26 Return on Capital Employed (ROCE) of 20.39%, a Return on Net Worth (RoNW) of 22.13%, and a conservative Debt-to-Equity ratio of 0.45. Notably, the entire ₹105.00 Crore offering is a 100% Fresh Issue with zero promoter secondary exit (OFS), keeping promoter skin in the game at a dominant 65.56% post-listing. Directing ₹74.66 Crore (~71.10%) toward a new consolidated manufacturing facility and ₹14.00 Crore toward debt reduction provides immense capacity runway and strengthens interest coverage. However, investors must navigate genuine industrial risks: committing massive capex carries project gestation and capacity utilization risks, revenues are partially cyclical given the exposure to automotive and building materials cycles, and the tooling market faces persistent pricing friction from overseas imports from East Asian hubs.
At the upper price band of ₹90 per equity share, Om Galaxy is valued at a post-issue P/E multiple of 18.33x (based on post-issue FY26 EPS of ₹4.91) and a post-issue market capitalization of ₹304.90 Crore, alongside a Price-to-Book (P/B) ratio of 2.50x. Given the company's distinct scarcity premium with no directly comparable listed domestic peers, an ~18x multiple appears fairly priced relative to its ~26% operating margins and pure-play growth orientation. While the mandatory retail threshold of ₹2,88,000 (2 lots / 3,200 shares) demands disciplined capital allocation, the issue presents a fundamentally solid SUBSCRIBE (FOR MEDIUM TO LONG TERM) opportunity for investors looking to participate in India’s high-precision manufacturing expansion.
Disclaimer: The information provided above is for educational and informational purposes only and does not constitute financial advice. Initial Public Offerings (IPOs) carry market risks, and equity investments are subject to broader market fluctuations. Wealthova is not a SEBI-registered investment advisor. Always consult with a certified financial planner and conduct your own due diligence before locking up capital in any public issue.
Om Galaxy IPO Key Contacts & Advisors
| Role / Entity | Contact & Details |
|---|---|
| 📋 IPO Registrar |
Bigshare Services Pvt. Ltd.
Office No S6-2, 6th floor Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai - 400093, Maharashtra, India
Phone: 022-62638200
Email: ipo@bigshareonline.com
Website: bigshareonline.com
|
| 🏢 Company Contact |
Om Galaxy Limited
4/5/6, Blue Chip No 5, Industrial Estate, Sativali Road, Village Valiv, Vasai, Thane, Maharashtra-401208, India
Phone: +91 77700 17943
Email: cs@omgalaxymould.com
Website: omgalaxymould.com
|
| 💼 Merchant Bankers |
Indorient Financial Services Ltd.
Book Running Lead Manager B/805, Rustomjee Central Park, Andheri Kurla Road, Chakala, Mumbai – 400093, Maharashtra, India
Phone: +91-79772-12186
Email: wecare@indorient.in
Website: indorient.in
|
Frequently Asked Questions (FAQs)
What are the opening and closing dates for the Om Galaxy IPO?
What is the minimum lot size and investment required for retail investors?
How can I check the allotment status for the Om Galaxy IPO?
- Wealthova (Recommended): Check directly on the Wealthova IPO Allotment Status Hub using your PAN number or Application Number for instant verification.
- Official Registrar Portal: Visit the official allotment portal of Bigshare Services Pvt. Ltd. at bigshareonline.com.
- Stock Exchange Portal: Verify directly on the official BSE IPO allotment status page.