Om Galaxy IPO
Plastic products • ₹105cr
High risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- SME listing with thinner post-listing liquidity
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹10-15
Lot Size
1600 shares
Issue Size
₹105cr
Open
10 Sept 2026
Close
15 Sept 2026
Subscription
0.91×
IPO Schedule
| Issue Open Date | 10 Sept 2026 |
| Issue Close Date | 15 Sept 2026 |
| Allotment Date | 16 Sept 2026 |
| Listing Date | 18 Sept 2026 |
About Om Galaxy
Om Galaxy manufactures and supplies pipe fitting moulds, industrial moulds, automotive moulds, and hot runner systems for the building materials, plastics, polymer processing, and engineering industries. The company operates seven manufacturing units located in Maharashtra. A significant portion of its revenue is derived from the pipe fittings mould business, while it also serves the automotive sector through its subsidiary and manufactures hot runner systems. Recently, the company diversified its operations by forward integrating into the business-to-consumer segment with the launch of cleaning products under the WONDRA brand. The business model involves receiving an advance amount from customers upon approval of design specifications, with final payments collected after the completion and handover of the custom moulds. The company procures high-grade steel from domestic suppliers and relies on third-party logistics for product delivery.  
Company Details
Founders / Promoters
Mr Opindersingh Bachattarsingh Baddhan
Founded
2008
Registrar
Bigshare Services Pvt Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Subscription Status
0.91×
Total Subscription
Investment Analysis
Om Galaxy — IPOFins Verdict
QuantitativeDriven by QIB demand at 3.0x and elevated disclosed risk (8/10). SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
- Manufactures precision moulds for diverse industrial sectors.
- Expanding product portfolio with forward integration into B2C.
- Strategic consolidation of existing units to boost efficiency.
- Strong revenue base from the pipe fittings mould segment.
- Internal quality controls meet strict customer specifications.
Score breakdown — what drove this verdict
High risk from DRHP → score -1.2
Institutional subscription → score +1.0
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
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FAQ
What is the price band of Om Galaxy IPO?
The price band is ₹10-15 per share with a lot size of 1600 shares. Minimum investment: ₹24,000.
What does Om Galaxy do?
Om Galaxy manufactures and supplies pipe fitting moulds, industrial moulds, automotive moulds, and hot runner systems for the building materials, plastics, polymer processing, and engineering industries. The company operates seven manufacturing units located in Maharashtra. A significant portion of its revenue is derived from the pipe fittings mould business, while it also serves the automotive sector through its subsidiary and manufactures hot runner systems. Recently, the company diversified its operations by forward integrating into the business-to-consumer segment with the launch of cleaning products under the WONDRA brand. The business model involves receiving an advance amount from customers upon approval of design specifications, with final payments collected after the completion and handover of the custom moulds. The company procures high-grade steel from domestic suppliers and relies on third-party logistics for product delivery.  
Should I apply for Om Galaxy IPO?
Om Galaxy is drawing muted interest at 0.9x overall subscription (QIB 3.0x, retail 0.1x). IPOFins Score 4/10: Driven by QIB demand at 3.0x and elevated disclosed risk (8/10). SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
Who founded Om Galaxy?
Om Galaxy was founded by Mr Opindersingh Bachattarsingh Baddhan in 2008.