Om Power Transmission Ltd., a Gujarat-based power transmission infrastructure EPC company, has received approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The proposed public issue will consist of 1 crore equity shares, including a fresh issue of up to 0.90 crore shares and an offer for sale of up to 0.10 crore shares by existing shareholders.
The company plans to utilise the proceeds from the fresh issue to fund capital expenditure, purchase machinery and equipment, repay certain borrowings, support working capital requirements and meet general corporate expenses.
Founded in 2011, Om Power Transmission operates as an engineering, procurement and construction (EPC) contractor in the power transmission sector, executing high-voltage and extra-high-voltage transmission lines, substations and underground cabling projects on a turnkey basis. Its services include design, engineering, installation, testing, commissioning and operations and maintenance.
The company has built capabilities in executing transmission line projects ranging from 11 kV to 400 kV and substations up to 220 kV. It has commissioned over 1,000 circuit kilometres of transmission lines and 11 substations, reflecting its growing presence in the power infrastructure sector.
As of August 2025, the company’s unexecuted order book comprised 56 projects valued at about ₹776 crore, including EPC and operations and maintenance contracts, while it was also managing the operation and maintenance of 134 substations.
The IPO is expected to help Om Power Transmission strengthen its financial position and expand its project execution capabilities, as demand for power transmission infrastructure continues to grow alongside renewable energy integration and grid expansion across India.
