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Omnipotent Industries Limited IPO (Omnipotent Industries IPO) Detail

Nov 16, 2021 - Nov 22, 2021

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 Promoters:

Punit k. Popat is the company promoter.

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:

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 Details

IPO Opening Date Nov 16, 2021
IPO Closing Date Nov 22, 2021
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹63 per equity share
Market Lot 2000 Shares
Min Order Quantity 2000 Shares
Listing At BSE SME
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹18.90 Cr)
Fresh Issue3,000,000 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)

Omnipotent Industries IPO Tentative Timetable

The Omnipotent Industries IPO open date is Nov 16, 2021, and the close date is Nov 22, 2021. The issue may list on Nov 29, 2021.

IPO Open Date Nov 16, 2021
IPO Close Date Nov 22, 2021
Basis of Allotment Date Nov 25, 2021
Initiation of Refunds Nov 26, 2021
Credit of Shares to Demat Account Nov 29, 2021
IPO Listing Date Nov 29, 2021

Omnipotent Industries IPO Lot Size

The Omnipotent Industries IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹126,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 2000 ₹126,000
Maximum 1 2000 ₹126,000

Omnipotent Industries IPO Promoter Holding

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

Omnipotent Industries IPO Review

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 11/22/2021 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)
NII1.00
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 Date

Listing Date Monday, November 29, 2021
BSE Script Code 543400
NSE Symbol
Listing In MT Group of Securities
ISIN INE0JFE01012
IPO Price ₹63 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹63.00
₹99.00
₹94.05
₹99.00
₹94.05

Company Contact Information

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: http://www.bigshareonline.com

Omnipotent Industries IPO Reviews / Ratings

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 equity share. The minimum order quantity is 2000 Shares.

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

Omnipotent Industries IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

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

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

Omnipotent Industries IPO Message Board

Ranked Members  Ranked Members

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