Om Power Transmission has officially launched its initial public offering (IPO) today, April 9, 2026, with the goal of raising ₹150 crore. This will be achieved through a fresh issue of 7.6 million shares worth up to ₹132.56 crore and an offer for sale of 1 million shares valued at ₹17.50 crore. Prior to the IPO, the company secured ₹45 crore from three anchor investors, including Craft Emerging Market Fund PCC and Morgan Stanley Asia, by allotting 2.57 million shares at the upper price of ₹175 per share. Currently, shares are trading at ₹182, indicating a 4% premium over the upper price band. Analysts from SBI Securities highlight Om Power's strong track record in executing high-voltage projects and predict substantial growth in India's power generation and transmission market, expected to expand from $125 billion in FY24 to $280 billion by FY30, growing at a CAGR of 14.4%. The company plans to allocate funds from the IPO for capital expenditures, debt repayment, and working capital needs. The subscription window will remain open until April 30, 2026, with share allotment expected by April 15 and listing on exchanges by April 17.