Omnipotent Industries is a major player in the supply chain and packaging of bituminous and other bituminous products. The company imports these products directly or buys them abroad and sells them to its various distributors and companies. The company’s products include bitumen 60/70 & 80/100, bitumen VG10, VG30, VG 40; bitumen emulsion, blown bitumen, top bitumen, and refined bitumen CRMB, PMB, NRMB.
The company also participates in consultation services for setting up Bitumen & Bituminous products. The company provides end-of-year solutions ranging from land identification, machinery and equipment to transfer training and policy making with staff through marketing and quality testing. The company has relationships with various importers, manufacturers, transporters, warehouses and storage companies that provide them with cost savings due to bulk purchases and shared transportation costs.
The company is in the process of relocating its factory to Gandhidham, Kutch, Gujarat, which will be managed by a foreign company.
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
| 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 Issue | 3,000,000 Eq Shares of ₹10 (aggregating up to ₹[.] Cr) |
Omnipotent Industries IPO – Date Schedule
| 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 30, 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 |
Promoter Holding
| Pre Issue Share Holding | 56.23% |
| Post Issue Share Holding | 28.35% |
Omnipotent Industries IPO Prospectus
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 FAQs
| When Omnipotent Industries IPO will open? The Omnipotent Industries IPO dates are 16 Nov 2021 To 22 Nov 2021. |
| What is the lot size of Omnipotent Industries IPO? Omnipotent Industries IPO lot size and the minimum order quantity is 2000 Shares. |
| How to apply for Omnipotent Industries IPO? 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. |
| When is Omnipotent Industries IPO listing date? The Omnipotent Industries IPO listing date is not announced. The date of Omnipotent Industries IPO listing is [30 November 2021]. |
