Om Galaxy
What they do: The company operates in the precision mould crafts sector, focusing on manufacturing and supplying high-quality moulds and related products.
By IPO Milega Research · Published · Updated
OM Galaxy Limited shows a strong financial position with consistent revenue growth and profitability.
- GMP (unofficial)
- +0%
- ₹0 a share
- Subscribed
- 1.98x
- Total
- Retail odds
- 100%
- 1 in 1
GMP is an unofficial grey market indication.
- Price band
- ₹85-90
- Lot size
- 3200 shares
- Min. investment
- ₹2,88,000
- Issue size
- 105 Cr.
- Open10 Sept 2026
- Close15 Sept 2026
- Allotment16 Sept 2026
- Listing18 Sept 2026
Overview
Estimated from the current subscription figures. Tap a category to work it out for your application size.
- QIB
- 5.17x
- NII
- 1.04x
- Retail
- 0.56x
₹90 (+0.00%)
GMP trend
Unofficial grey market quotes, times in IST
Outer ring: estimated gain
How the score adds up
The overall score is the average of these five, nudged by QIB demand once bidding closes.
- Financials7.0
- Performance7.0
- Flexibility8.0
- Timing6.0
- Risk4.0
The approximate gains potential is based on the company's strong financial fundamentals, including consistent revenue growth and profitability, as well as its strategic market positioning and product diversification. However, the absence of GMP data limits the precision of this estimate.
Strengths3
- Projected SOM potential of INR 500 crore by FY2030.
- Advanced IT infrastructure with CAD, CAM, and ERP systems.
- Environmental compliance with no hazardous waste handling.
Concerns5
- High revenue dependency on top 10 customers.
- Reliance on limited suppliers for raw materials.
- Delays and costs in setting up new manufacturing unit.
- Regulatory compliance issues and potential penalties.
- Contingent liabilities from corporate guarantees and legal proceedings.
Who gets shares
- QIB50%
- NII15%
- Retail35%
- Retail Minimum2,88,0002 lots, 3,200 shares
- Retail Maximum2,88,0002 lots, 3,200 shares
- S-HNI Minimum4,32,0003 lots, 4,800 shares
- S-HNI Maximum8,64,0006 lots, 9,600 shares
- B-HNI Minimum10,08,0007 lots, 11,200 shares
| Application | Lot size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | 2,88,000 |
| Retail Maximum | 2 | 3,200 | 2,88,000 |
| S-HNI Minimum | 3 | 4,800 | 4,32,000 |
| S-HNI Maximum | 6 | 9,600 | 8,64,000 |
| B-HNI Minimum | 7 | 11,200 | 10,08,000 |
Timing
6.0/10The timing of Om Galaxy's IPO appears moderately favorable. While the company is entering a potentially volatile market with no prior public trading history, the presence of a market maker and the strategic targeting of the SME Platform could mitigate some risks. However, uncertainties related to listing delays and market fluctuations could impact investor confidence and share performance.
- Time to market
- The company's transition from a private to a public entity and its strategic positioning on the SME Platform suggest a calculated approach to market entry. However, the potential for listing delays and market volatility presents challenges that could affect the IPO's success.
- How allotment works
- Basis of allotment finalized and shares credited to demat
- Market timing
- Neutral
- Time to market
- 5.0
- Listing on
- BSE SME
Key milestones
- 10 Sept 2026IPO Opens
- 15 Sept 2026IPO Closes
- 16 Sept 2026Basis of Allotment
- 17 Sept 2026Refunds Initiated
- 17 Sept 2026Credit to Demat Account
- 18 Sept 2026Listing Date
Financials
7.0/10- Revenue
- ₹125 Cr
- +10.2%
- Profit after tax
- ₹16.64 Cr
- +4.5%
- Net margin
- 13.3%
- -0.7 pts
- Assets
- ₹175 Cr
- +22.8%
- Return on equity
- 22.13%
- Debt to equity
- 0.45
- Revenue CAGR
- 15%
- ROCE
- 20.39%
- Return on net worth
- 22.13%
- NAV per share (₹)
- 35.94
Financial performance trend
Amount ₹ in croresOM Galaxy Limited shows a strong financial position with consistent revenue growth and profitability. The company has a solid net worth and a manageable debt level, although specific liabilities are not detailed. The financial adjustments and restatements indicate a commitment to accurate reporting.
Risk
4.0/10Read this score as a safety rating: 10/10 means the lowest risk, 1/10 the highest.
Where the risks sit
- Financial risks2
- Market risks1
- Operational risks2
- Regulatory risks2
High dependency on few customers and suppliers, regulatory compliance issues, and external economic risks pose significant challenges.
How the company offsets these
Diversifying customer base and suppliers can reduce dependency risks.
Financial risks2
- High revenue dependency on top 10 customers.
- Contingent liabilities from corporate guarantees and legal proceedings.
Market risks1
- Impact of global economic conditions and geopolitical tensions.
Operational risks2
- Reliance on limited suppliers for raw materials.
- Delays and costs in setting up new manufacturing unit.
Regulatory risks2
- Regulatory compliance issues and potential penalties.
- Changes in India's regulatory framework increasing compliance costs.
Performance
7.0/10OM Galaxy Limited operates in the Indian dies and moulds market, projecting significant growth potential by FY2030. The company is leveraging advanced IT infrastructure and aims to capture a notable market share in the household cleaning products sector through its brand WONDRA. The competitive landscape is intense, with over 5,000 manufacturers, emphasizing the need for technological and cost efficiencies.
- Historical growth
- The company has not provided specific historical revenue growth rates in the prospectus., Not specified
- Market comparison
- OM Galaxy Limited operates in a highly competitive market with over 5,000 manufacturers, of which 500 can produce large moulds. The company differentiates itself through technology and cost efficiency.
- Future potential
- The company projects a Serviceable Obtainable Market (SOM) potential of INR 500 crore by FY2030, with significant contributions from automotive and pipe fitting moulds.
- Operational consistency
- The prospectus does not provide specific details on the number of operational years or revenue stability.
- Experience
- The prospectus does not provide detailed information on the management team's experience.
- Track record
- Not specified
Key achievements
- 01Projected SOM potential of INR 500 crore by FY2030.
- 02Advanced IT infrastructure with CAD, CAM, and ERP systems.
- 03Environmental compliance with no hazardous waste handling.
Flexibility
8.0/10Om Galaxy Limited is well-positioned in the growing Indian dies and moulds market, with a focus on automotive, pipe fittings, and industrial applications. The company's expansion into the household cleaning products market under the WONDRA brand further enhances its adaptability to market trends.
The company shows consistent financial performance with increasing revenue and profitability. It maintains a healthy EBITDA margin and has a manageable net debt-to-equity ratio, indicating sound financial health.
Om Galaxy Limited's operational agility is evident in its ability to expand its product portfolio and manufacturing capabilities. The planned consolidation of manufacturing units into a new facility is expected to enhance efficiency and capacity.
Om Galaxy Limited demonstrates strong flexibility and adaptability through its diversified product portfolio, strategic market positioning, and robust financial performance. The company is well-positioned to capitalize on growth opportunities in the dies and moulds market, supported by its experienced management team and planned infrastructure expansion.
- Product diversification
- The company offers a diversified product range, including pipe fitting moulds, industrial moulds, automotive moulds, hot runner systems, and household cleaning products under the WONDRA brand.
- Future adaptability
- The company's strategic initiatives, including the establishment of a new manufacturing unit and expansion into consumer markets, position it well for future adaptability and growth in both B2B and B2C segments.
The data on this page has been reviewed manually by the IPO Milega research team. It is not investment advice, and IPO Milega accepts no responsibility for losses arising from any investment decision. Investments in the securities market are subject to market risks. Read all the related documents, including the full prospectus, carefully before investing.