OM Power Transmission Lists at 6% Premium
Strong Market Debut:
OM Power Transmission shares listed at ₹186 on NSE, a 6.29% premium over the IPO price of ₹175.
BSE Listing Performance:
On BSE, the stock debuted at ₹181.10, reflecting a 3.49% premium, indicating steady investor demand.
Beats GMP Expectations:
The listing exceeded grey market estimates, where GMP indicated only a modest premium of around ₹2 before debut.
IPO Snapshot:
The ₹150 crore IPO had a price band of ₹166–₹175 and received moderate subscription of 3.33 times.
Market Sentiment:
Despite cautious expectations, the better-than-expected listing highlights positive investor sentiment in the power infrastructure segment.
With Our Subscription Plans
Open demat account in 5 minutes*
Open Demat A/C G-L92HWH8MZR