Om Galaxy IPO Analysis & Review

Quick Answers

What is the Om Galaxy IPO GMP today? The Om Galaxy IPO GMP is ₹0 as of 10/9/2026, 4:55:10 am. The IPO price band is ₹85 - ₹90. GMP represents an unofficial grey-market indication and does not guarantee the listing price.

When does Om Galaxy IPO open? The Om Galaxy IPO opens on 2026-09-10 and closes on 2026-09-15.

What is the Om Galaxy IPO subscription status? The overall subscription is 0x.

Key IPO Information

ViewIPO AI Analysis Score

The Om Galaxy IPO scored 65/100 (Moderate Risk) in our deep analysis.

Frequently Asked Questions

What is the core business of Om Galaxy Limited?

Om Galaxy Limited designs, develops, and manufactures industrial moulds, hot runner systems (HRS), pipe fittings, and B2C cleaning products under the WONDRA brand.

What is the issue size and price band for the Om Galaxy IPO?

The total issue size is ₹105 crore, with a price band set between ₹85 and ₹90 per share.

How does Om Galaxy plan to use the IPO proceeds?

The proceeds will be utilized for capital expenditure to set up a new consolidated manufacturing facility (₹74.66 crore), debt repayment (₹14.00 crore), and general corporate purposes.

What are the financial metrics of Om Galaxy for FY26?

In FY26, Om Galaxy recorded revenue of ₹124 crore, an EBITDA margin of 26.33%, a PAT margin of 13.42%, an ROE of 22.13%, and an EPS of ₹7.49.

Who are the key lead managers and registrars for the Om Galaxy IPO?

Indorient Financial Services Limited is the Book Running Lead Manager, and Bigshare Services Private Limited is the Registrar to the issue.

What are the key risk factors associated with Om Galaxy Limited?

Key risks include client concentration (73% revenue from top 10 clients), heavy dependence on pipe fitting moulds (73.62% revenue), 100% geographical concentration in Maharashtra, and negative EBITDA in its new B2C WONDRA segment.

HomeIndiaOm Galaxy ()
Om Galaxy Logo

Om GalaxyNSE SME / BSE SME:

Analyzed by ViewIPO Financial Research Team
Industrial ManufacturingIndiaFiled 2026-09-10Listing 2026-09-18Size ₹105.41Cr
Lot Size 1600

Is Om Galaxy IPO Good? Quick Verdict

Om Galaxy IPO scored 65/100 (Moderate Risk) in our deep analysis. The strongest pillar is Financial at 82/100, while Competition is the primary concern at 35/100. Om Galaxy Limited demonstrates strong margin profiles and solid return metrics in industrial mould manufacturing, but faces significant customer concentration and execution risks from its new B2C venture and consolidation plans.

IPO Score
65/100
Moderate Risk

Quick Verdict

Strong operating margins with FY26 EBITDA margin at 26.33% and PAT margin at 13.42%.
Integrated tooling offering through in-house Hot Runner Systems via subsidiary Infuse HRS.
High customer concentration with top 10 clients contributing 73% of FY26 revenue.
Product concentration with pipe fitting moulds accounting for 73.62% of operational revenue.
Negative EBITDA of ₹0.70 crore in FY26 for the newly launched B2C WONDRA cleaning products division.

Company Snapshot

Revenue (TTM)
₹124Cr↑ 9.73% YoY
Profitability
PositiveNet Income ₹16.64Cr
Gross Margin
60.25% 
Market Cap
Pending Data
IPO Size
₹105.41Cr 
Industry
Industrial Manufacturing 
P/E Ratio
12.02xValuation Multiple
Return on Equity
22.13%Profitability
Debt to Equity
0.45xLeverage
EPS
7.49Earnings Per Share
NAV
35.94Net Asset Value
RoNW
22.13%Return on Net Worth

Risk Breakdown

Governance
60
Moderate
Financial
82
Excellent
Valuation
70
Moderate
Competition
35
High Risk
Dilution
70
Moderate
Promoter / Mgmt
60
Moderate

AI Summary

Om Galaxy Limited is a Maharashtra-based manufacturer of industrial moulds, pipe fittings, hot runner systems (HRS), and consumer cleaning products under the WONDRA brand. For FY26, the company posted a revenue of ₹124 crore with a high EBITDA margin of 26.33% and a PAT margin of 13.42%. Despite healthy operational efficiency and an ROE of 22.13%, Om Galaxy faces business concentration risks with 73% of revenue derived from its top 10 customers and 73.62% from pipe fitting moulds.

Overall Verdict: Om Galaxy Limited demonstrates strong margin profiles and solid return metrics in industrial mould manufacturing, but faces significant customer concentration and execution risks from its new B2C venture and consolidation plans.

Key Highlights

  • Om Galaxy operates seven manufacturing facilities across Vasai and Pune, Maharashtra covering 88,652 sq. ft.
  • Manufactures specialized moulds, hot runner systems (HRS), pipe fittings, and cleaning products under the WONDRA brand.
  • FY26 Revenue stood at ₹124 crore, growing from ₹113 crore in FY25 and ₹105 crore in FY24.
  • Integrated capabilities allow production of large-scale moulds with up to 64 cavities and weight up to 6-7 tonnes.
  • Proceeds of ₹74.66 crore allocated towards capital expenditure to consolidate four existing units into a single new manufacturing facility.
  • Pre-payment or re-payment of ₹14.00 crore of outstanding financial debt planned from IPO proceeds.

Financial Performance

Revenue (Annual)

+9.7% YoY

INR in Crores

Net Income (Annual)

Profitability

INR in Crores

Gross Margin (Annual)

+4.0% Delta

In Percentage

EBITDA vs PAT

EBITDA YoY

INR in Crores

EBITDA
PAT

IPO Timeline

IPO Opens2026-09-10
IPO Closes2026-09-15
Basis of Allotment2026-09-16
Refunds & Demat2026-09-17
Listing Date2026-09-18

Valuation Analysis

IPO Price₹85 - ₹90
Estimated Fair Value
Pending Data
Valuation Premium
Pending
vs Fair Value

IPO DNA

Growth
58
Governance
60
Profitability
82
Valuation
70
Competition
35
Execution
60

Pros vs Cons

Pros

  • Robust profitability with an EBITDA margin of 26.33% and PAT margin of 13.42% in FY26.
  • High return metrics including Return on Equity (ROE) of 22.13% and ROCE of 20.39%.
  • Integrated tooling solutions with in-house manufacture of Hot Runner Systems (HRS) via Infuse HRS Private Limited.
  • Manageable leverage profile with a debt-to-equity ratio of 0.45x.
  • High proportion of repeat customer business representing 75.60% of FY26 operational revenue.

Cons

  • High client concentration with top 10 customers contributing 73% of FY26 revenue without long-term contracts.
  • Product reliance on pipe fitting moulds which account for 73.62% of operational revenue.
  • Geographic concentration with all seven operational manufacturing units located in Maharashtra.
  • Negative operational results in the new B2C WONDRA cleaning segment with -₹0.70 crore EBITDA in FY26.
  • Execution and operational interruption risks associated with consolidating four existing facilities into a new central unit.

Financial Health

Revenue Growth
8.7% CAGR from FY24 (₹105 Cr) to FY26 (₹124 Cr) (Good)
Debt Level
Debt-to-equity ratio of 0.45x with total debt of ₹41.79 Cr (Good)
Cash & Equivalents
Undisclosed (Moderate)

Institutional Signals

Anchor Investors
Undisclosed
VC Backing Tier
None
Strategic Partners
Moderate

Om Galaxy IPO Reddit Pulse & Sentiment

Real-time Reddit discussions & retail sentiment

No Public Data Available

We couldn't find any significant public discussions or retail sentiment threads for this IPO at the moment.

Disclaimer: These are raw community discussions aggregated from public forums. The AI summary and Reddit comments do not constitute financial advice. Always conduct your own independent research.

Om Galaxy IPO — Frequently Asked Questions

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IPO Terminology Explained

Confused by terms like GMP, Kostak, or Subject to Sauda? Read our detailed guides in the IPO Glossary to understand the terminology before you invest.

View Full Glossary

Source Citation: All financial data and risk metrics are derived from the official prospectus filed with the regulator (SEBI DRHP/RHP). ViewIPO algorithms process this public data for informational purposes. Not financial advice.

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Frequently Asked Questions about Om Galaxy

What is the expected listing price of Om Galaxy?

The expected listing price depends on the live Grey Market Premium. Check the live GMP and expected listing price for Om Galaxy on our Live GMP Tracker.