Om Power Transmission Eyes IPO; Kanga & Co Advises on Deal

INDUSTRIAL-GOODSSERVICES

Overview

Om Power Transmission Limited is preparing for an Initial Public Offering, planning to raise funds through an issue of up to 10 million equity shares. The offering includes both fresh issuance and an offer for sale. Kanga & Co is providing legal advisory services to the issuer and the Book Running Lead Manager, Beeline Capital Advisors Limited, for this significant transaction. Om Power Transmission brings over 14 years of experience in the power transmission infrastructure EPC sector.

Power EPC Firm Prepares for Market Debut

Om Power Transmission Limited, a company with over 14 years of operational experience in the power transmission infrastructure engineering, procurement, and construction (EPC) sector, has proposed an Initial Public Offering (IPO). The planned offering aims to issue up to 10,000,000 equity shares, comprising both a fresh issuance of shares and an offer for sale by existing stakeholders.

Legal and Financial Advisory

The intricate process of bringing Om Power Transmission to the public markets is being supported by key advisors. Kanga & Co is serving as the legal advisor to both the issuer, Om Power Transmission, and the Book Running Lead Manager, Beeline Capital Advisors Limited. The transaction team at Kanga & Co, instrumental in this advisory role, was led by Senior Partner Chetan Thakkar and Associate Partner Pooja Sharma, with support from associates Siddharth Jani, Divyansh Minocha, and Harshit Babbar.

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