{"id":69174,"date":"2026-04-13T01:00:00","date_gmt":"2026-04-12T19:30:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=69174"},"modified":"2026-04-10T10:57:41","modified_gmt":"2026-04-10T05:27:41","slug":"om-power-transmission-ipo-gmp-day-3","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/","title":{"rendered":"Om Power Transmission IPO GMP Day 3: Live Subscription Status, GMP Today And Last-Minute Apply Decision \u2014 April 11, 2026"},"content":{"rendered":"<p><strong>Om Power Transmission IPO GMP Day 3<\/strong> is live on April 11, 2026 \u2014 and with just two days remaining in the subscription window (IPO closes April 13, 2026), investors face the critical decision of whether to apply, wait, or skip entirely. The grey market premium as of Day 3 is in the range of \u20b93\u2013\u20b95 per share, suggesting an expected listing somewhere in the \u20b9178\u2013\u20b9180 band against the \u20b9175 upper price band.<\/p><p>Om Power Transmission IPO entered Day 3 having closed Day 1 with an overall subscription of 0.39x \u2014 below the full subscription threshold. Day 3, traditionally the most active day for HNI and retail applications in most IPOs, will determine whether the issue achieves meaningful oversubscription or closes at modest numbers.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Click Here \u2014 Get Free Investment Predictions on Univest<\/strong><\/a>.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Om_Power_Transmission_IPO_%E2%80%94_Updated_Key_Details\" title=\"Om Power Transmission IPO \u2014 Updated Key Details\">Om Power Transmission IPO \u2014 Updated Key Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Om_Power_Transmission_IPO_GMP_Today_%E2%80%94_Day_3_April_11_2026\" title=\"Om Power Transmission IPO GMP Today \u2014 Day 3 (April 11, 2026)\">Om Power Transmission IPO GMP Today \u2014 Day 3 (April 11, 2026)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Subscription_Status_From_Day_1_to_Day_3\" title=\"Subscription Status: From Day 1 to Day 3\">Subscription Status: From Day 1 to Day 3<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Om_Power_Transmission_%E2%80%94_Company_Business_Overview\" title=\"Om Power Transmission \u2014 Company Business Overview\">Om Power Transmission \u2014 Company Business Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Financial_Snapshot_%E2%80%94_Om_Power_Transmission\" title=\"Financial Snapshot \u2014 Om Power Transmission\">Financial Snapshot \u2014 Om Power Transmission<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Why_Indias_Power_Transmission_Boom_Is_OPTLs_Long-Term_Opportunity\" title=\"Why India&#8217;s Power Transmission Boom Is OPTL&#8217;s Long-Term Opportunity\">Why India&#8217;s Power Transmission Boom Is OPTL&#8217;s Long-Term Opportunity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Om_Power_Transmission_IPO_Valuation_%E2%80%94_Is_%E2%82%B9175_the_Right_Price\" title=\"Om Power Transmission IPO Valuation \u2014 Is \u20b9175 the Right Price?\">Om Power Transmission IPO Valuation \u2014 Is \u20b9175 the Right Price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Day_3_Decision_Should_You_Apply_Before_April_13\" title=\"Day 3 Decision: Should You Apply Before April 13?\">Day 3 Decision: Should You Apply Before April 13?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Apply_If_You_Match_This_Profile\" title=\"Apply If You Match This Profile\">Apply If You Match This Profile<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Consider_Skipping_If_You_Match_This_Profile\" title=\"Consider Skipping If You Match This Profile\">Consider Skipping If You Match This Profile<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Om_Power_Transmission_IPO_Listing_Price_Prediction\" title=\"Om Power Transmission IPO Listing Price Prediction\">Om Power Transmission IPO Listing Price Prediction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#How_to_Check_Om_Power_Transmission_IPO_Allotment_Status\" title=\"How to Check Om Power Transmission IPO Allotment Status\">How to Check Om Power Transmission IPO Allotment Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Frequently_Asked_Questions_%E2%80%94_Om_Power_Transmission_IPO_Day_3\" title=\"Frequently Asked Questions \u2014 Om Power Transmission IPO Day 3\">Frequently Asked Questions \u2014 Om Power Transmission IPO Day 3<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Q1_What_is_Om_Power_Transmission_IPO_GMP_on_Day_3_April_11\" title=\"Q1. What is Om Power Transmission IPO GMP on Day 3 (April 11)?\">Q1. What is Om Power Transmission IPO GMP on Day 3 (April 11)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Q2_Should_I_apply_for_Om_Power_Transmission_IPO_on_Day_3\" title=\"Q2. Should I apply for Om Power Transmission IPO on Day 3?\">Q2. Should I apply for Om Power Transmission IPO on Day 3?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Q3_Is_Om_Power_Transmission_IPO_subscription_complete\" title=\"Q3. Is Om Power Transmission IPO subscription complete?\">Q3. Is Om Power Transmission IPO subscription complete?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Q4_What_is_the_listing_date_of_Om_Power_Transmission_IPO\" title=\"Q4. What is the listing date of Om Power Transmission IPO?\">Q4. What is the listing date of Om Power Transmission IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Q5_What_are_the_key_risks_in_Om_Power_Transmission_IPO\" title=\"Q5. What are the key risks in Om Power Transmission IPO?\">Q5. What are the key risks in Om Power Transmission IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Q6_What_is_Om_Power_Transmissions_order_book\" title=\"Q6. What is Om Power Transmission&#8217;s order book?\">Q6. What is Om Power Transmission&#8217;s order book?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Q7_Can_Om_Power_Transmission_IPO_list_below_issue_price\" title=\"Q7. Can Om Power Transmission IPO list below issue price?\">Q7. Can Om Power Transmission IPO list below issue price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Q8_How_to_apply_for_Om_Power_Transmission_IPO_on_the_last_day\" title=\"Q8. How to apply for Om Power Transmission IPO on the last day?\">Q8. How to apply for Om Power Transmission IPO on the last day?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/om-power-transmission-ipo-gmp-day-3\/#Recent_Article\" title=\"Recent Article\">Recent Article<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Om_Power_Transmission_IPO_%E2%80%94_Updated_Key_Details\"><\/span><strong>Om Power Transmission IPO \u2014 Updated Key Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Parameter<\/strong><\/td><td><strong>Details<\/strong><\/td><\/tr><tr><td>Today (Day 3)<\/td><td>April 11, 2026 (Saturday)<\/td><\/tr><tr><td>IPO Closes<\/td><td>April 13, 2026 (Sunday)<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9166 \u2013 \u20b9175 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>85 shares | Min: \u20b914,875<\/td><\/tr><tr><td>Issue Size<\/td><td>\u20b9150.06 crore<\/td><\/tr><tr><td>Listing Date<\/td><td>April 17, 2026 (NSE + BSE)<\/td><\/tr><tr><td>Allotment<\/td><td>April 15, 2026<\/td><\/tr><tr><td>Registrar<\/td><td>MUFG Intime India Pvt. Ltd.<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Om_Power_Transmission_IPO_GMP_Today_%E2%80%94_Day_3_April_11_2026\"><\/span><strong>Om Power Transmission IPO GMP Today \u2014 Day 3 (April 11, 2026)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>Om Power Transmission IPO GMP on Day 3<\/strong> is tracking between \u20b93 and \u20b95 per share in grey market circles. At the upper end of this GMP range, the implied expected listing price would be \u20b9180 \u2014 approximately 2.86% above the \u20b9175 upper price band.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>GMP Data Point<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td>GMP Range (Day 3, April 11)<\/td><td>\u20b93 \u2013 \u20b95 per share<\/td><\/tr><tr><td>Upper Price Band<\/td><td>\u20b9175 per share<\/td><\/tr><tr><td>Expected Listing (GMP Low)<\/td><td>\u20b9178 (~1.7% gain)<\/td><\/tr><tr><td>Expected Listing (GMP High)<\/td><td>\u20b9180 (~2.9% gain)<\/td><\/tr><tr><td>GMP Trend<\/td><td>Flat to marginal upward<\/td><\/tr><tr><td>Historical Context<\/td><td>GMP peaked at \u20b91.5 on Day 1, now improved<\/td><\/tr><tr><td>Caution<\/td><td>GMP can fall sharply on market selloff before Apr 17<\/td><\/tr><\/tbody><\/table><\/figure><p>The GMP trajectory \u2014 improving from \u20b91.5 on Day 1 to \u20b93\u2013\u20b95 on Day 3 \u2014 is a modestly positive signal. It suggests that grey market participants are building some appetite for the issue as subscription momentum presumably picks up in the final days. However, a GMP of \u20b93\u2013\u20b95 on a \u20b9175 issue is modest by historical standards for a mainboard IPO and does not signal overwhelming listing enthusiasm.<\/p><p>Track Om Power Transmission IPO subscription live and check updated GMP \u2014 <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Subscription_Status_From_Day_1_to_Day_3\"><\/span><strong>Subscription Status: From Day 1 to Day 3<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>Day 1 subscription recap (April 9, 2026 close):<\/strong><\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Category<\/strong><\/td><td><strong>Day 1 Subscription<\/strong><\/td><td><strong>Reading<\/strong><\/td><\/tr><tr><td>Retail (RII)<\/td><td>0.29x<\/td><td>Below 1x \u2014 cautious retail<\/td><\/tr><tr><td>Non-Institutional (NII\/HNI)<\/td><td>0.11x<\/td><td>Very weak HNI demand<\/td><\/tr><tr><td>Qualified Institutional Buyers (QIB)<\/td><td>0.78x<\/td><td>Near-fully subscribed<\/td><\/tr><tr><td>Overall (Day 1)<\/td><td>0.39x<\/td><td>Below 1x at end of Day 1<\/td><\/tr><\/tbody><\/table><\/figure><p>Day 3 is typically the turning point for IPO subscription in India. HNI\/NII applicants \u2014 who often use leverage (loans against securities) to apply \u2014 tend to submit applications in bulk in the final 24-48 hours of a subscription window. If the Day 3 NII category surges, overall subscription could cross 1x comfortably. If Day 3 sees continued weak NII participation, the issue will struggle to achieve the oversubscription that typically drives a strong listing.<\/p><p>The QIB category being near-fully subscribed on Day 1 itself (0.78x) is the most positive data point. QIB participation from domestic mutual funds and FIIs typically signals institutional confidence in the business quality and long-term fundamentals, even when retail\/HNI applications are slower.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Om_Power_Transmission_%E2%80%94_Company_Business_Overview\"><\/span><strong>Om Power Transmission \u2014 Company Business Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>Om Power Transmission Limited (OPTL)<\/strong> is a Gujarat-based power transmission EPC company founded in June 2011. With 14+ years of experience, it executes high-voltage and extra-high-voltage power transmission projects \u2014 covering transmission lines from 11 kV to 400 kV, substations up to 220 kV, and underground cabling \u2014 on a turnkey basis.<\/p><p>As of December 31, 2025, OPTL has an order book of \u20b9744.60 crore across 58 active projects (50 EPC + 8 O&amp;M contracts). The company has completed over 1,000 circuit kilometres of transmission lines, commissioned 11 substations, and operates and maintains 134 substations. Major clients include Gujarat Energy Transmission Corporation (GETCO) and Rajasthan Rajya Vidyut Prasaran Nigam (RVPNL).<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financial_Snapshot_%E2%80%94_Om_Power_Transmission\"><\/span><strong>Financial Snapshot \u2014 Om Power Transmission<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Period<\/strong><\/td><td><strong>Revenue (\u20b9 Cr)<\/strong><\/td><td><strong>Net Profit (\u20b9 Cr)<\/strong><\/td><td><strong>Growth<\/strong><\/td><\/tr><tr><td>FY2023<\/td><td>120.23<\/td><td>6.22<\/td><td>Base year<\/td><\/tr><tr><td>FY2024<\/td><td>182.80<\/td><td>12.20<\/td><td>+52% YoY revenue<\/td><\/tr><tr><td>FY2025<\/td><td>279.43<\/td><td>22.08<\/td><td>+53% YoY revenue<\/td><\/tr><tr><td>9M FY2026<\/td><td>274.45<\/td><td>26.89<\/td><td>Exceeds FY25 full-year PAT<\/td><\/tr><\/tbody><\/table><\/figure><p>Revenue CAGR of 52.45% and PAT CAGR of 88.17% from FY2023 to FY2025 are the headline numbers driving investor interest. The 9M FY2026 figures \u2014 \u20b9274.45 crore revenue and \u20b926.89 crore PAT \u2014 already exceed full-year FY2025 profit, indicating continued strong execution.<\/p><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> for real-time IPO updates, GMP tracking, and SEBI-registered stock research.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Indias_Power_Transmission_Boom_Is_OPTLs_Long-Term_Opportunity\"><\/span><strong>Why India&#8217;s Power Transmission Boom Is OPTL&#8217;s Long-Term Opportunity<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>India&#8217;s electricity demand is growing at 7-9% annually \u2014 driven by industrial expansion, data centre proliferation, EV charging infrastructure, and improved rural electrification. The 500 GW renewable energy target by 2030 requires massive grid expansion: new transmission corridors to evacuate solar and wind power from generation zones to consumption centres.<\/p><p>The Green Energy Corridor Phase 1 and Phase 2, the Revamped Distribution Sector Scheme (RDSS), and PowerGrid Corporation&#8217;s record capital expenditure programme all create a sustained order flow environment for EPC companies operating in OPTL&#8217;s segments. This macro backdrop is the fundamental investment case for Om Power Transmission as a long-term holding.<\/p><p>The T&amp;D equipment market is projected to grow from USD 11.58 billion in 2024 to USD 21.83 billion by 2033 at a 6.8% CAGR. For EPC companies executing ground-level infrastructure, this translates into consistent project availability and pricing power.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Om_Power_Transmission_IPO_Valuation_%E2%80%94_Is_%E2%82%B9175_the_Right_Price\"><\/span><strong>Om Power Transmission IPO Valuation \u2014 Is \u20b9175 the Right Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>At the upper price band of \u20b9175,<\/strong> Om Power Transmission is valued at approximately 27-30x trailing twelve-month earnings based on 9M FY2026 annualised profits. Listed peers in the power EPC space \u2014 KEC International, Kalpataru Projects, and Techno Electric \u2014 trade at a range of 18-35x earnings.<\/p><p>Within this peer range, OPTL&#8217;s valuation at 27-30x is not unreasonable given its strong revenue CAGR and order book. However, it also does not leave a wide margin of safety \u2014 meaning that any execution miss, NPA from a large project, or client payment delay in the first 2-3 quarters post-listing could result in a meaningful stock price correction.<\/p><p>Swastika Investmart&#8217;s assessment captures this balance well: &#8216;Based on current financials, the valuation seems to factor in most near-term positives, leaving limited upside in the short term.&#8217; For medium to long-term investors aligned with India&#8217;s power infrastructure theme, this is an acceptable trade-off.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Day_3_Decision_Should_You_Apply_Before_April_13\"><\/span><strong>Day 3 Decision: Should You Apply Before April 13?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Apply_If_You_Match_This_Profile\"><\/span><strong>Apply If You Match This Profile<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Long-term investor (12-24 month horizon)<\/strong>: You believe India&#8217;s power transmission capex cycle will sustain OPTL&#8217;s order book growth. You are comfortable with the customer concentration risk and are buying into the EPC sector theme rather than expecting a quick pop.<\/p><p><strong>Portfolio diversification seeker<\/strong>: You want exposure to India&#8217;s power transmission infrastructure theme through a smaller, growth-stage EPC company not yet accessible through large-cap stocks.<\/p><p><strong>Risk-tolerant retail investor<\/strong>: You understand that modest GMP (\u20b93-5) means listing gains are uncertain, and you are comfortable holding through any flat or modest-discount listing.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Consider_Skipping_If_You_Match_This_Profile\"><\/span><strong>Consider Skipping If You Match This Profile<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Listing-gain focused trader<\/strong>: The GMP of \u20b93-5 does not provide meaningful return for the risk of blocking \u20b914,875 in ASBA for the subscription period. Better listing opportunities typically show GMPs of 15-25%+.<\/p><p><strong>Concentration risk-averse investor<\/strong>: If a single client accounting for 71.55% of revenue is a dealbreaker for you, this IPO is not aligned with your risk framework.<\/p><p><strong>Short-term market volatility concerns<\/strong>: The broader Nifty has been under pressure from US tariff announcements. If market sentiment remains weak through April 17, even a subscription-complete IPO can list at flat or discount.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Om_Power_Transmission_IPO_Listing_Price_Prediction\"><\/span><strong>Om Power Transmission IPO Listing Price Prediction<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Based on available data as of Day 3 \u2014 GMP of \u20b93-5, cautious Day 1 subscription, and the overall market environment \u2014 here is a scenario-based listing prediction. These are not guaranteed returns and purely analytical estimates.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Scenario<\/strong><\/td><td><strong>Condition<\/strong><\/td><td><strong>Expected Listing Price<\/strong><\/td><td><strong>Listing Gain\/Loss<\/strong><\/td><\/tr><tr><td>Bull<\/td><td>3x+ oversubscribed, market recovers<\/td><td>\u20b9182\u2013\u20b9190<\/td><td>~4-9% gain<\/td><\/tr><tr><td>Base<\/td><td>2-3x subscribed, flat market<\/td><td>\u20b9175\u2013\u20b9180<\/td><td>Flat to 3% gain<\/td><\/tr><tr><td>Bear<\/td><td>Under-subscribed or weak market<\/td><td>\u20b9165\u2013\u20b9175<\/td><td>Flat to 6% loss<\/td><\/tr><\/tbody><\/table><\/figure><p>The base scenario \u2014 flat to 3% listing gain \u2014 aligns with the current GMP and subscription trajectory. The bear scenario is a real possibility if Nifty remains under pressure from global macro headwinds through listing day. This is why short-term traders should be cautious despite the genuine long-term business case.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Check_Om_Power_Transmission_IPO_Allotment_Status\"><\/span><strong>How to Check Om Power Transmission IPO Allotment Status<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The basis of allotment for Om Power Transmission IPO will be finalised on April 15, 2026. To check your allotment status:<\/p><p><strong>Method 1 \u2014 Registrar website:<\/strong> Visit MUFG Intime India Pvt. Ltd. website. Enter your PAN number, application number, or DP\/Client ID under the &#8216;IPO Allotment Status&#8217; section.<\/p><p><strong>Method 2 \u2014 BSE India website:<\/strong> Go to bseindia.com &gt; Investors &gt; Application Status. Select &#8216;Om Power Transmission&#8217; from the IPO list and enter your application details.<\/p><p><strong>Method 3 \u2014 Broker App:<\/strong> Most brokers including Zerodha, Upstox, and Angel One display allotment status directly in the IPO section of their apps after April 15.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_%E2%80%94_Om_Power_Transmission_IPO_Day_3\"><\/span><strong>Frequently Asked Questions \u2014 Om Power Transmission IPO Day 3<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q1_What_is_Om_Power_Transmission_IPO_GMP_on_Day_3_April_11\"><\/span><strong>Q1. What is Om Power Transmission IPO GMP on Day 3 (April 11)?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Om Power Transmission IPO GMP on Day 3 is approximately \u20b93-\u20b95 per share \u2014 implying an expected listing price of \u20b9178-\u20b9180 (1.7-2.9% gain over the \u20b9175 upper band). GMP is an unofficial grey market indicator and should not be the sole basis for application decisions.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q2_Should_I_apply_for_Om_Power_Transmission_IPO_on_Day_3\"><\/span><strong>Q2. Should I apply for Om Power Transmission IPO on Day 3?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>For long-term investors who want exposure to India&#8217;s power transmission EPC sector, the business fundamentals (\u20b9744.60 crore order book, 52% revenue CAGR, strong institutional client base) support a cautious subscribe. For listing-gain traders, the modest GMP of \u20b93-5 does not offer compelling risk-reward.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q3_Is_Om_Power_Transmission_IPO_subscription_complete\"><\/span><strong>Q3. Is Om Power Transmission IPO subscription complete?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Day 1 subscription closed at 0.39x overall (Retail 0.29x, NII 0.11x, QIB 0.78x). Day 3 (April 11) is typically the peak subscription day as HNI applicants submit in bulk. The final subscription figure will be known after market hours on April 13.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q4_What_is_the_listing_date_of_Om_Power_Transmission_IPO\"><\/span><strong>Q4. What is the listing date of Om Power Transmission IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Om Power Transmission IPO listing date is April 17, 2026 on both NSE and BSE. Allotment on April 15, shares credited to demat on April 16.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q5_What_are_the_key_risks_in_Om_Power_Transmission_IPO\"><\/span><strong>Q5. What are the key risks in Om Power Transmission IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Key risks include: single customer contributing 71.55% of revenue (extreme concentration), sustainability of 52-88% growth rates at scale, geographic concentration in 3 states, and full valuation at \u20b9175 leaving limited margin of safety.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q6_What_is_Om_Power_Transmissions_order_book\"><\/span><strong>Q6. What is Om Power Transmission&#8217;s order book?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Om Power Transmission&#8217;s order book as of December 31, 2025 stands at \u20b9744.60 crore across 58 active projects \u2014 including 50 EPC and 8 O&amp;M contracts. This provides approximately 2-3 years of revenue visibility at current execution pace.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q7_Can_Om_Power_Transmission_IPO_list_below_issue_price\"><\/span><strong>Q7. Can Om Power Transmission IPO list below issue price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Yes, a below-issue price listing is possible if the issue sees weak subscription, GMP collapses before listing, or broader market conditions deteriorate sharply. IPO listings are not guaranteed to be above issue price. The current GMP of \u20b93-5 (1.7-2.9% implied gain) is fragile \u2014 small negative market moves on listing day could result in a flat or slight discount.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q8_How_to_apply_for_Om_Power_Transmission_IPO_on_the_last_day\"><\/span><strong>Q8. How to apply for Om Power Transmission IPO on the last day?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Apply through your broker&#8217;s IPO section or ASBA facility (net banking, UPI). Select Om Power Transmission, choose 1 lot (85 shares) at the upper price band of \u20b9175 (\u20b914,875 minimum). Applications are accepted until April 13, 2026 (5 PM). Use UPI ASBA for fastest processing.<\/p><p><strong>Disclaimer: <\/strong>This article is for educational and informational purposes only. GMP is sourced from grey market sources and is unofficial. IPO subscription and market conditions can change rapidly. Investments in IPOs are subject to market risk. Please read the Red Herring Prospectus (RHP) before investing. This does not constitute investment advice. Consult a SEBI-registered financial advisor before making any investment decision.<\/p><p>For more IPO coverage, visit <a href=\"https:\/\/univest.in\/blogs\">Univest Blogs<\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Article\"><\/span><strong>Recent Article<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/coal-india-share-price-target-2026\">Coal India Share Price Target 2026: Analyst Forecasts, Bull &amp; Bear Case<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/bharti-airtel-share-price-target\">Bharti Airtel Share Price Target 2026: Analyst Forecasts, Bull &amp; Bear Case<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/state-bank-of-india-share-price-target\">State Bank of India Share Price Target 2026: Analyst Forecasts, Bull &amp; Bear Case<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/paytm-share-price-target\">Paytm Share Price Target 2026: Analyst Forecasts, Bull &amp; Bear Case<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Om Power Transmission IPO GMP Day 3 is live on April 11, 2026 \u2014 and with just two days remaining in the subscription window (IPO closes April 13, 2026), investors face the critical decision of whether to apply, wait, or skip entirely. The grey market premium as of Day 3 is in the range of<\/p>\n","protected":false},"author":23,"featured_media":69176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[4024],"class_list":["post-69174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo-gmp-day-3"],"metadata":{"_edit_lock":["1775798887:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["82"],"rank_math_robots":["a:2:{i:0;s:8:\"nofollow\";i:1;s:7:\"noindex\";}"],"rank_math_title":["Om Power Transmission IPO GMP Day 3 \u2014 April 11 Subscription, GMP And Should You Apply?"],"rank_math_description":["Om Power Transmission IPO GMP Day 3 update \u2014 April 11, 2026. Latest grey market premium, subscription status, allotment details, listing outlook and expert review."],"rank_math_focus_keyword":["Om Power Transmission IPO"],"_thumbnail_id":["69176"],"_edit_last":["23"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10105132\/om_power_ipo_gmp_day3.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/69174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=69174"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/69174\/revisions"}],"predecessor-version":[{"id":69187,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/69174\/revisions\/69187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/69176"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=69174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=69174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=69174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}