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Om Power Transmission IPO

Sector: Power Generation (CCGT) • Location: India

Source: Power Peak Digest

Project
Planned

Om Power Transmission, an engineering, procurement and construction (EPC) company in power transmission infrastructure, is seeking to raise Rs 150 crore through an initial public offering (IPO). The issue comprises 85.75 lakh equity shares, including a fresh issue of 75.75 lakh shares and an offer for sale (OFS) of up to 10 lakh shares, priced in the range of Rs 166 to Rs 175 per share. The IPO pr

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The project “Om Power Transmission IPO” is an infrastructure initiative in the Power Generation (CCGT) sector, located in India. Taiyo aggregates data on it from Power Peak Digest.

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Participants

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planned

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Description

Description

Om Power Transmission, an engineering, procurement and construction (EPC) company in power transmission infrastructure, is seeking to raise Rs 150 crore through an initial public offering (IPO). The issue comprises 85.75 lakh equity shares, including a fresh issue of 75.75 lakh shares and an offer for sale (OFS) of up to 10 lakh shares, priced in the range of Rs 166 to Rs 175 per share. The IPO proceeds are proposed to be utilised for the purchase of machinery and equipment, repayment of borrowings, funding long-term working capital requirements, and general corporate purposes. The IPO aims to support capacity expansion and enable the company to undertake larger and more complex projects in the power transmission and grid infrastructure segment.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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