Om Galaxy Ltd IPO
Om Galaxy Ltd IPO closed on 15 Sept 2026. Allotment 16 Sept 2026, listing 18 Sept 2026. Price band ₹85–₹90, lot 1600 shares, GMP +₹0 (0%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · BSE |
| Price band | ₹85–₹90 |
| Lot size | 1600 shares |
| Minimum investment | ₹2,88,000 |
| Issue size | ₹105 Cr |
| GMP | +₹0 (0%) |
| Open date | 10 Sept 2026 |
| Close date | 15 Sept 2026 |
| Allotment date | 16 Sept 2026 |
| Listing date | 18 Sept 2026 |
| Registrar | Bigshare Services Pvt Ltd |
About Om Galaxy Ltd
Om Galaxy manufactures and supplies pipe fitting moulds, industrial moulds, automotive moulds, and hot runner systems for the building materials, plastics, polymer processing, and engineering industries. The company operates seven manufacturing units located in Maharashtra. A significant portion of its revenue is derived from the pipe fittings mould business, while it also serves the automotive sector through its subsidiary and manufactures hot runner systems. Recently, the company diversified its operations by forward integrating into the business-to-consumer segment with the launch of cleaning products under the WONDRA brand. The business model involves receiving an advance amount from customers upon approval of design specifications, with final payments collected after the completion and handover of the custom moulds. The company procures high-grade steel from domestic suppliers and…
Strengths
- Manufactures precision moulds for diverse industrial sectors.
- Expanding product portfolio with forward integration into B2C.
- Strategic consolidation of existing units to boost efficiency.
- Strong revenue base from the pipe fittings mould segment.
- Internal quality controls meet strict customer specifications.
Risks
- Top 10 customers contribute 73% of total revenue.
- Heavy reliance on a limited number of material suppliers.
- Significant revenue concentration in the pipe fittings sector.
- Execution and funding risks tied to the new facility.
- The new B2C cleaning products segment operates at a loss.