New Delhi, April 7 -- The Rs.150 crore initial public offering (IPO) of Om Power Transmission is all set to open for subscription on Thursday, April 9. The mainboard IPO will close for bidding on Monday, April 13.

Om Power Transmission IPO price band has been fixed at Rs.166 to Rs.175 per share. Investors can apply for the offer in lots of 85 shares.

In Om Power Transmission's IPO, up to 50% of the offer has been reserved for qualified institutional buyers (QIBs), at least 15% for non-institutional investors (NIIs), and a minimum of 35% for retail participants.

Om Power Transmission operates as an engineering, procurement, and construction (EPC) company focused on power transmission infrastructure, bringing more than 14 years of experi...