Om Galaxy came to market through an SME IPO that opened on 10 September 2026 and closed on 15 September 2026, and the shares listed on 18 September 2026 on BSE SME. The price band was ₹85 to ₹90 per share and one lot was 1600 shares, so the minimum application was ₹1,44,000. The issue size was ₹105 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹90.2, a gain of 0.2% against the issue price of ₹90. Bigshare Services Pvt.Ltd was the registrar to the issue, and Indorient Financial Services Ltd was the lead manager.
As of 15 September 2026.
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Overall the issue was subscribed 2.15 times.
Incorporated in the year 2008, Om Galaxy Ltd. is involved in the manufacture and development of pipe fitting and molds, automotive molds, Hot Runner Systems (HRS) and cleaning products. Up till 30th June 2026, it has 77 SKUs pertaining to goods produced by it under the brand WONDRA.\n It produces products that have a range of applications in various sectors such as building materials (pipe, fittings, sanitary ware), plastics and polymers processing, automobile and auto components, industrial and engineering.
The firm along with its subsidiaries operates from Vasai, District Palghar, Maharashtra and Pune, Maharashtra. It not only sells its products domestically but also exports them to North America, Asia and Africa. It has seven manufacturing units, which are all situated in Maharashtra. Up till 30th June 2026, it has an order book of Rs 9,442 Lakhs.
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
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Opindersingh Bachattarsingh Baddhan, Jyothish Rajamohanan Nambiar, Sathyapalan Ayadathil Poyil, Gagandeep Opinder Singh Baddhan, Meena O Badhhan.. Promoter holding 100% before the issue and 65.56% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Om Galaxy IPO was a ₹105 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹85–₹90 per share with a lot size of 1,600 shares; the minimum retail application was 3,200 shares (₹2,88,000). The IPO was open from September 10 to September 15, 2026 and was subscribed 2.15x. Shares listed on BSE SME on September 18, 2026 at ₹90.20, in line with the issue price of ₹90. Bigshare Services Pvt. Ltd. is the registrar.
Indorient Financial Services Ltd. is the book running lead manager.
The price band of Om Galaxy IPO is ₹85 to ₹90 per share.
The lot size of Om Galaxy IPO is 1600 shares.
The minimum investment for Om Galaxy IPO is approximately ₹2,88,000 based on the upper price band.
The allotment date of Om Galaxy IPO is Sep 16, 2026.
You can check Om Galaxy IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Om Galaxy IPO allotment status on Rupix for quick and easy access.
₹85 to ₹90 per share, against a face value of ₹5. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,44,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,44,000, for one lot of 1600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 10 September 2026 and closed on 15 September 2026.
The basis of allotment was published on 16 September 2026 by Bigshare Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 18 September 2026 on BSE SME, opening at ₹90.2.
The issue size was ₹105 crore. The fresh issue was 1,16,67,200 shares (aggregating up to ₹105 crore).
It listed at ₹90.2 against an issue price of ₹90, a gain of 0.2 percent on listing day.