New Delhi, April 17 -- Shares of Om Power Transmission were off to a firm start as they listed at a premium of up to 6% in the Indian stock market on Friday, April 17.

Om Power Transmission share price debuted 6.29% higher at Rs.186 on the NSE as against the initial public offering (IPO) price of Rs.175. Meanwhile, on BSE, Om Power Transmission shares listed at 181.10, a premium of 3.49%.

The listing was better than expectations as suggested by the grey market premium (GMP). Om Power Transmission IPO GMP today was just Rs.2, signalling a listing pop of 1.14%.

The mainboard offer, worth Rs.150.06 crore, was open for bidding from April 9 to April 13. The allotment for the offer was finalised on April 16, and the shares were credited on A...