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Om Power Transmission IPO crosses 80 percent as grey market hints at modest listing gain
Business
Published on 24 April 2026
Grey market is pointing to only a small pop on listing
Om Power Transmission’s Rs 150 crore IPO is nearing its close with about 81% subscription. Retail demand remains steady, but grey market premiums point to a modest potential listing gain rather than a blockbuster. The EPC company plans to use IPO proceeds for business expansion, reducing debt, and supporting its strong order book amid competitive power transmission projects.
- Om Power Transmission IPO subscription is around 81% on Day 3
- Grey market trends suggest a modest listing gain
- Funds will support expansion and debt reduction
- Company highlights a strong power transmission order book
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times