๐ Based on Grey Market Premium (GMP) & Subscription Data โ not financial advice
GMP Signal
Moderate Interest
GMP: +0% above issue price
โญ Overall Signal
Moderate Interest
GMP + Subscription combined Not financial advice
Subscription Signal
Moderate Interest
0.00x subscribed
Issue Details
Fresh Issueโน88.66 Cr
Offer for Sale (OFS)TBA
Total Issue Sizeโน105 Cr
Face Valueโน10
Market Cap (at issue)TBA
Listing ExchangeBSE SME
๐ Open Date10 Sept 2026
๐ Close Date15 Sept 2026
โ๏ธ Cut-off Price Date15 Sept 2026
๐๏ธ Allotment DateTo be announced
๐ธ Refund InitiationTBA
๐ Demat CreditTBA
๐ Listing DateTo be announced
Objects of the Issue
๐ฐ Capital expenditure for a new manufacturing unit (โน74.66 Cr)
๐ฐ Repayment of borrowings (โน14.00 Cr)
๐ฐ General corporate purposes
About the Company
Om Galaxy, established in 2008 and based in Vasai (Palghar) and Pune, Maharashtra, designs and manufactures pipe fittings, industrial and automotive moulds, hot-runner systems and cleaning products sold under the WONDRA brand. It runs seven manufacturing facilities in Maharashtra and distributes to customers in building materials, plastics, automotive and industrial sectors across India and export markets in North America, Asia and Africa.
Strengths
โ Revenue and EBITDA both grew around 10โ12% in FY26, with net worth up roughly 22%
โ In-house hot-runner systems manufacturing gives more control over quality and delivery for its mould customers
โ Diversified across pipe fittings, industrial moulds, automotive moulds and its own WONDRA-branded cleaning products
โ Export reach into North America, Asia and Africa reduces reliance on the domestic market alone
Risk Factors
โ ๏ธ Operates in a competitive, capital-intensive moulds and plastics-components industry
โ ๏ธ A large share of issue proceeds (โน74.66 Cr of โน88.66 Cr) goes toward a single new manufacturing unit, concentrating execution risk
โ ๏ธ Promoter holding was 100% pre-IPO, so post-listing governance and minority-shareholder practices are relatively untested
Subscription Status
Not yet open
QIB: โ
NII: โ
RII: โ
GMP Trend
Day-wise Subscription
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NII
RII
Overall
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0.00x
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Share Reservation
QIB
50%
NII
15%
RII
35%
Allocation as per SEBI regulations for SME IPO
Anchor Investors
Anchor allotment details not yet available.
Promoter Holding
100%Pre-IPO
โ -34.4%
65.56%Post-IPO
100%
65.56%
Founders & Leadership
OB
Opindersingh Bachattarsingh Baddhan
Promoter
Part of the promoter group behind Om Galaxy, a Maharashtra-based manufacturer of pipe fittings, industrial moulds and hot-runner systems sold under the WONDRA brand
Om Galaxy IPO is a SME IPO with an issue size of โน105 Cr at a price band of โน85 โ โน90. Minimum lot size is 0 shares (minimum investment ~โน0). Opens on 10 Sept 2026 and closes on 15 Sept 2026. Proposed listing on BSE SME. Registrar: Bigshare Services.
Apply through ASBA via your bank's net banking, or via UPI through Zerodha, Groww, Upstox, Angel One, or your broker's app. Select the IPO, choose lot quantity, and approve the UPI mandate or ASBA block.
Opens on 10 Sept 2026 and closes on 15 Sept 2026. Cut-off price date: 15 Sept 2026.
Lot size is 0 shares. At the upper price band of โน90, minimum investment is approximately โน0.
Allotment date is To be announced. Refund initiation and demat credit expected by TBA.
Expected to list on To be announced on BSE SME. Current GMP: +Rs.0 (~0% estimated gain). Indicative only โ not a guarantee.
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