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Omnipotent Industries Limited IPO (Omnipotent Industries IPO) Detail

November 16, 2021 - November 22, 2021

Omnipotent Industries IPO is a fixed price issue of Rs 18.90 crores. The issue is entirely a fresh issue of 30 lakh shares.

Omnipotent Industries IPO bidding started from November 16, 2021 and ended on November 22, 2021. The allotment for Omnipotent Industries IPO was finalized on Thursday, November 25, 2021. The shares got listed on BSE SME on November 29, 2021.

Omnipotent Industries IPO price is ₹63 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹126,000.

Inventure Merchant Banker Services Pvt Ltd is the book running lead manager of the Omnipotent Industries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Omnipotent Industries IPO RHP for detailed information.

Omnipotent Industries IPO Details

IPO Date November 16, 2021 to November 22, 2021
Listing Date November 29, 2021
Face Value ₹10 per share
Price ₹63 per share
Lot Size 2000 Shares
Total Issue Size[.] shares
(aggregating up to ₹18.90 Cr)
Fresh Issue3,000,000 shares
(aggregating up to ₹[.] Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion152,000 shares

Omnipotent Industries IPO Reservation

Omnipotent Industries IPO offers 3,000,000 shares. 1,424,000 (47.47%) to NII, 1,424,000 (47.47%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered152,000 (5.07%)
Other Shares Offered1,424,000 (47.47%)
Retail Shares Offered1,424,000 (47.47%)
Total Shares Offered3,000,000 (100%)

Omnipotent Industries IPO Timeline (Tentative Schedule)

Omnipotent Industries IPO opens on November 16, 2021, and closes on November 22, 2021.

IPO Open Date Tuesday, November 16, 2021
IPO Close Date Monday, November 22, 2021
Basis of Allotment Thursday, November 25, 2021
Initiation of Refunds Friday, November 26, 2021
Credit of Shares to Demat Monday, November 29, 2021
Listing Date Monday, November 29, 2021
Cut-off time for UPI mandate confirmation 5 PM on November 22, 2021

Omnipotent Industries IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 2000 ₹126,000
Retail (Max) 1 2000 ₹126,000
Lot Size Calculator

Omnipotent Industries IPO Promoter Holding

Punit k. Popat is the company promoter.

Share Holding Pre Issue 56.23%
Share Holding Post Issue 28.35%

About Omnipotent Industries Limited

Omnipotent Industries are primarily engaged in the business of supplying bulk and packed bitumen as well as other bituminous products. The company either directly imports these products or buys from third-party importers and sells them to their various distributors as well as corporates. The company's products include bitumen 60/70 & 80/100, bitumen VG10, VG30, VG 40; bitumen emulsion, blown bitumen, micro surfacing bitumen, and modified bitumen CRMB, PMB, NRMB.

The company is also engaged in consultancy services of setting up of plants for Bitumen & Bituminous products. The company provides end-to-end solutions from identification of land, plant & machinery to imparting training & making policy with staff on marketing & quality testing. The company has relationships with various importers, manufacturers, transporters, warehousing & bulk storage entities which gives them a cost advantage due to bulk purchase as well as sharing of logistics costs.

The company is in the process of shifting its plant at Gandhidham, Kutch, Gujarat, which will be managed by a third-party operator.

Competitive Strengths:

  • Focus on procurement, sales, and customer service
  • A strong relationship with business stakeholders
  • In house dedicated processes
  • Experienced & qualified Team

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
31-Jul-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 235.14 188.90 97.74 108.40
Total Revenue 658.29 1,008.54 501.79 309.77
Profit After Tax 10.30 13.95 3.75 0.14

Objects of the Issue (Omnipotent Industries IPO Objectives)

The net proceed from the IPO will be utilized towards the following purposes;

  • Repayment of loans
  • Augmenting additional working capital requirements
  • General corporate purposes

Omnipotent Industries IPO Review (Avoid)

[Dilip Davda]  Though the issue appears reasonably priced following its super earnings for the last 16 months (pre-IPO periods). OIL is in a highly competitive field with a fragmented segment. Major concerns are sustainability of such performance going forward, third party management of its own plant operations. It is also in the process of relocation of its plant which may impact its business. Nearly 50% equity dilution also remains a worry. Considering all these, there is no harm in giving this issue a miss. Read detail review...


Omnipotent Industries IPO Subscription Status (Bidding Detail)

The Omnipotent Industries IPO is subscribed 1.17 times on November 22, 2021 7:19:00 AM. The public issue subscribed 1.34 times in the retail category, times in the QIB category, and 1.00 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other1.00
Retail1.34
Total1.17

Omnipotent Industries IPO Prospectus

Omnipotent Industries IPO Rating

231
4.2
Rating:Rated 4.2 stars
Vote Here ...

Omnipotent Industries IPO Listing Details

Listing Date November 29, 2021
BSE Script Code 543400
NSE Symbol
ISIN INE0JFE01012
Final Issue Price ₹63 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹63.00
₹99.00
₹94.05
₹99.00
₹94.05

Check IPO Performance…

Omnipotent Industries Limited Contact Details

Omnipotent Industries Limited
1/11, Damji Nenshi Wadi,
Station Road, Bhandup West,
Mumbai – 400078, Maharashtra, India
Phone: +91 22 2167 0184
Email: cs@omnipotent.co.in
Website: https://www.omnipotent.co.in/

Omnipotent Industries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Omnipotent Industries IPO - Buy or Not

Omnipotent Industries IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Omnipotent Industries IPO FAQs

Omnipotent Industries IPO is a SME IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹18.90 Crores. The issue is priced at ₹63 per share. The minimum order quantity is 2000 Shares.

The IPO opens on November 16, 2021, and closes on November 22, 2021.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Omnipotent Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Omnipotent Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Omnipotent Industries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Omnipotent Industries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Omnipotent Industries IPO opens on November 16, 2021 and closes on November 22, 2021.

Omnipotent Industries IPO lot size is 2000 Shares, and the minimum amount required is ₹126,000.

You can apply in Omnipotent Industries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Omnipotent Industries IPO will be done on Thursday, November 25, 2021, and the allotted shares will be credited to your demat account by Monday, November 29, 2021. Check the Omnipotent Industries IPO allotment status.

The Omnipotent Industries IPO listing date is on November 29, 2021.
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Omnipotent Industries IPO Message Board

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54 Comments

14. BUMBLEBEE |   Link |  Bookmark |December 14, 2021 11:06:08 AM
@GJ @lokes
Sir, can you please help me with this SME
Its below 50 today, Is it worth buying at this or wait more.
Any guidance from you worth for me.
14.12. BUMBLEBEE |   Link |  Bookmark |December 30, 2021 9:47:33 AM
Thank you sir, will follow and learn too :-)
14.13. GJ 😀 |   Link |  Bookmark |December 30, 2021 11:16:17 AM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
@BumbleBee,

Sorry, I missed your msgs, just saw.
@lokes suggested you better than I could.

To me, it seems like an operator game, keep strict stoploss for safety.
13. Sajal Nath |   Link |  Bookmark |December 15, 2021 3:55:28 PM
Sir since IPO alloted date not able to sell Omnipotent Industry share .Now what should be the strategy . please guide sir
12. GJ 😀 |   Link |  Bookmark |November 29, 2021 10:30:23 AM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Seeing the listing, seems like we missed a good one here.
12.7. alpha |   Link |  Bookmark |November 30, 2021 2:43:29 AM
Star Health is over priced so for listing gains point of view not a good candidate. Tega far better.
12.8. GJ 😀 |   Link |  Bookmark |November 30, 2021 9:06:30 AM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
@lokes,
Yes, I applied in DMR, having enough funds for Tega or this DMR will be released by then.

Star,
I haven''t received good review from their customers/users/policy holders.
So, even if I apply for monetary benefit, I am yet not convinced by their strategy of earning money.
Will take decision on the last day.

@alpha,
Thanks for sharing your views.
11. Raviteja Bonakurthi |   Link |  Bookmark |November 29, 2021 10:31:05 AM
Stock is laughing on those faces who didn''t apply
11.1. Dinesh Singh |   Link |  Bookmark |November 29, 2021 10:49:03 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Are you able to sell?
Retailers are saved for not applying.
10. ColdBurger |   Link |  Bookmark |November 18, 2021 7:31:41 AM
IPO Mentor IPO Mentor (1300+ Posts, 400+ Likes)
Should i suggest my Kiran store owner to apply for SME IPO now 😀😀
10.9. lokes |   Link |  Bookmark |December 14, 2021 12:35:35 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
still today also strong lower circuit, so i think buying is risky until circuit opens.

https://www.bseindia.com/stock-share-price/omnipotent-industries-ltd/omnipotent/543400/
10.10. Dwarakan K |   Link |  Bookmark |December 15, 2021 9:10:51 AM
@GJ

Please suggest if i should hold back for a couple of weeks more, i have won in IPO but price seems to be dropping a lot. its worrying me. first time in SME IPO and price sees to hurt so hard..
9. OneSevenSevenOne |   Link |  Bookmark |November 18, 2021 6:27:43 AM
All the Good SMEs now increasing like anything after half-yearly results.
EKI, Suumaya, KMEW, Jainam, Promax. Awesome from such genuine SMEs.
9.1. KDForIPO |   Link |  Bookmark |November 18, 2021 11:40:09 PM
I am still waiting to run markolines traffic controls limited.
8. Anand A. |   Link |  Bookmark |November 18, 2021 1:38:48 PM
According to me Omnipotent not a bad IPO. The company has shown growth in the recent years and has won the fastest growing business award this year. The profit margins are low I agree but healthy growth in the business can''t be denied. with good amount of reserves and cash and cash equivalents.

The IPO would have been mouth watering if the market cap at the issue price would have been around 15-16 crores but still looks good enough.

Lets see what happens on the listing day.

Any different views are appreciated
8.1. BhavyaDhiman |   Link |  Bookmark |November 18, 2021 4:16:55 PM
I agree with you,I think a lot of people like me tried applying too but the process is confusing. Only 1 day left and I have no clue how to apply. Anyone who can help?
7. MintIndian |   Link |  Bookmark |November 17, 2021 3:04:58 PM
Coal tar trading company in the market. WoW.
6. i For IPO ☑️ |   Link |  Bookmark |November 15, 2021 5:58:34 PM
IPO Mentor IPO Mentor (500+ Posts, 700+ Likes)
Promoter Is Mr. POPAT , After Investing in this IPO Investor Will Be POPAT
5. Sanvi |   Link |  Bookmark |November 15, 2021 10:57:38 AM
One word- Avoid
4. MADANEEL |   Link |  Bookmark |November 14, 2021 6:27:28 PM
Anyone knows application wise subscribtion in retail.
3. GSMR |   Link |  Bookmark |November 9, 2021 9:13:51 PM
Omnipotent Industries IPO

About the company - They are involved in production of Bitumen and Bitumen products (Petroleum and Petrochemical products). Registered office in Mumbai. Promoter - Punit Popat, MD - Prince Shah.

Financials -
PAT in Lakhs as on Mar 19, Mar 20, Mar 21 and Jul 21 has been 0.12, 36.75, 139.52 and 103.04 respectively.
Revenue has grown from 30.97 crores in Mar 19 to 100.85 crores in Mar 21 and 65.82 crores in Jul 21.
This suggests that the margins are very slim and they have to sell huge quantities in a highly competitive market to sustain profits.

Basic and Diluted EPS for FY21 stood at 7.97 and weighted EPS for past 3 FYs comes out to be 4.69, thus, the PE is 7.90 and weighted PE is 13.44.
The PE is below the lowest Industry PE of 15.75.

Court Cases -
There is a criminal case of cheque bouncing against the MD of the company involving an amount of ~ 2.9 Crores. (Big amount)

Purpose of the issue -
Loan Repayment, Working Capital requirements, Meeting Issue expenses

LM''s record-
Not good, recent listings handled by the LM (AA Tradelink and Navodaya) have listed at a discount and are licking dust at the moment, in a bull market.

For me this IPO is a big NO, solely on LM''s record.

3.2. GSMR |   Link |  Bookmark |November 22, 2021 2:25:19 PM
@lokes
Even after considering your point, I see no reason to apply for the IPO, with the bleeding market, it is highly likely that it will list at a discount. If you are interested in the company you can always buy it later at a lower price
3.3. lokes |   Link |  Bookmark |November 22, 2021 4:29:20 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
@GSMR: ya my point was regarding LM only in general. i didn''t meant obviously that this company is good. And i didn''t applied here. I don''t take much risk in sme''s until good company profile and good subscription.
2. Srikanth Kumar Guntuboina |   Link |  Bookmark |November 12, 2021 11:26:29 PM
I am skipping this ipo. Check, think once again before applying. V-Marc never came to the mark. I applied at 39 for 3000 shares now at 33
1. bhupendrachakradhar |   Link |  Bookmark |November 11, 2021 7:39:50 AM
Appears something wrong in PE calculation --- issue size 18 cr ----- profit 1.3 cr
pe cannot be 7
1.1. GSMR |   Link |  Bookmark |November 11, 2021 3:55:03 PM
As per RHP, PE is around 7.9