Om Galaxy Limited
Om Galaxy Limited is an SME IPO raising ₹105 Cr at ₹85 – ₹90 a share. The smallest application you can make is 1600 shares, costing ₹1,44,000 at the top of the band. Bidding closes on 15 Sept 2026 and the shares list on 18 Sept 2026. So far it has been subscribed 0.95× in total.
Only 95% of shares on offer have been bid for
populated partly populated we hold nothing here — the tab says why
What happens when
Next: bidding closes on 15 Sept 2026.
What this company actually does
Read out of the prospectus’s business section, stripped of its marketing language.
Om Galaxy Limited designs, develops and manufactures plastic injection and blow moulds — primarily pipe fitting moulds (17 years), industrial moulds, automotive moulds (via subsidiary OMG Auto, 6 years) and Hot Runner Systems (via subsidiary Infuse HRS, 4 years) — for customers making pipes/fittings/sanitaryware, plastic & polymer products, automotive components (including EV parts) and industrial/engineering goods. Since Fiscal 2025 it has also forward-integrated into finished household cleaning products (mops, brushes, scrubbers, wipers, brooms) sold under the brand 'WONDRA'. Operations run from Vasai (District Palghar) and Pune in Maharashtra, with exports to North America, Asia and Africa.
How it earns
B2B model for moulds and HRS (orders from domestic and international manufacturers) and B2C for WONDRA cleaning products via distributors and online marketplaces; FY26 revenue mix was 91.74% domestic / 5.10% export.
Who buys
No named key customers disclosed. FY26: 211 total customers, of which 114 were repeat customers (54.03%); revenue from repeat customers was ₹9,011.78 lakhs (75.60% of revenue from operations of ₹11,921.09 lakhs ex-Wondra). Order book as of August 15, 2026: ₹9,442.00 lakhs (consolidated).
Scale
7 manufacturing units (4 Om Galaxy + 2 OMG Auto + 1 Infuse HRS) across Vasai (Waliv, Gokhivare, Poman) in District Palghar and Pune, Maharashtra, totalling 88,652.16 sq. ft.; around 630 employees including 585 permanent employees (FY26); FY26 revenue from operations ₹12,400.14 lakhs (~₹124.00 crore) and PAT ₹1,663.58 lakhs (~₹16.64 crore). A new ~1,83,965.67 sq. ft. integrated unit is under construction at Poman, Vasai, expected to commence commercial production July 2027, raising annual installed capacity from 1,146 MTPA to 3,160 MTPA for moulds.
What it says sets it apart
- Diversified product portfolio across pipe fitting, industrial and automotive moulds, in-house Hot Runner Systems, and a consumer-facing cleaning products brand (WONDRA) under one group
- Integrated moulds + in-house Hot Runner Systems capability (via subsidiary Infuse HRS), enabling single-vendor composite tooling solutions — one of a small subset of Indian MSMEs with this forward integration
- Large repeat-customer base driving 75.60% of FY26 revenue from operations (ex-Wondra) from repeat customers, out of 211 total customers
- Capability to manufacture large, complex moulds up to 64 cavities and 6-7 tons (FY26: 351 pipe fitting/industrial moulds plus 89 automotive moulds); proposed new unit will enable moulds up to 30 tons
- Pune-based automotive moulding subsidiary (OMG Auto) positions the group in India's automotive hub with capability for EV components such as battery casings, motor housings and lightweight enclosures
Revenue mix
The numbers at a glance
The price they’re asking →derived: cut-off price Rs90 / stated EPS Rs7.2 (FY26 (year ended March 31, 2026) diluted EPS from Restated Consolidated Financial Information, restated for face value of ₹5 and post-bonus share count). Stated figures are as printed in the prospectus; margins, growth and the borrowing ratio are computed from its own summary table. A multiple is one lens, not a verdict.
The last few years in numbers
From the prospectus’s own summary financial table (restated consolidated). Margins and growth are computed from the stated figures; everything else is as printed.
| Period | Revenue | Profit after tax | PAT margin | Net worth | Borrowings |
|---|---|---|---|---|---|
| FY2026 | ₹124 Cr+10% | ₹17 Cr+5% | 13.4% | ₹81 Cr | ₹38 Cr |
| FY2025 | ₹113 Cr+8% | ₹16 Cr+32% | 14.1% | ₹65 Cr | ₹25 Cr |
| FY2024 | ₹105 Cr | ₹12 Cr | 11.5% | ₹49 Cr | ₹32 Cr |
Where the money goes
The offer →Most of this issue is new shares — the money raised goes to the company, not to exiting shareholders.
How the book stands today
The category split is the number worth reading, not the total.
QIB: 3.11× their allocation. Retail: 0.10×.
What we hold for this issue
Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.
How this cohort has done
131 SME issues listed in 2026 that we can price today. This is the group it is about to join.
Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →
What to watch
- The asking multiple is 12.5× earnings, and the issuer names no listed peers to compare it against.
- Its cohort's record: median +8.4% since issue price, 46.6% now below it — a base rate, not a forecast.
Each line restates a disclosure from the prospectus or the exchanges — nothing here is a recommendation to apply to this issue.
Track this company once it lists
Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.
Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.