Omnipotent IPO: GMP, Price, Dates, Issue Size 

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Omnipotent IPO is all set to make its debut on 16th Nov 21 with 18.9 Cr is engaged in the business of supplying bulk and packed bitumen as well as other bituminous products. 

Omnipotent IPO – overview 

IPO Dates  16-22 Nov 2021 
IPO Price  INR 63 per share  
Fresh issue  300,000 shares (INR 18.9 crore) 
Offer For Sale  Nil 
Total IPO size  300,000 shares (INR 18.9 crore) 
Minimum bid (lot size)  2000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Omnipotent IPO – Tentative Dates           

IPO Offer Opening Date  16 Nov 2021 
IPO Closing Date  22 Nov 2021 
Finalization of Basis of Allotment  25 Nov 2021 
Initiation of refunds  26 Nov 2021 
Transfer of shares to demat accounts  29 Nov 2021 
IPO Listing Date  29 Nov 2021 
Opening Price on BSE SME  Coming soon  
Closing Price on BSE SME  Coming soon 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Company Overview    

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 for 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 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. 

Industry Overview    

Bitumen is a sticky, black, highly viscous liquid or semi-solid form of petroleum. It may be found in natural deposits or may be a refined product and is classed as a pitch. The primary use of bitumen is in road construction, where it is used as glue or binder mixed with aggregate particles to create asphalt concrete. Its other main uses are for bituminous waterproofing products, including production of roofing felt and for sealing flat roofs.   Month-wise Bitumen consumption (TMT) and growth (%) since April 2020 Bitumen consumption during July 2021 with a volume of 0.41 MMT recorded a growth of 4.1% over volume of 0.39 MMT in the month of July 2020. Infrastructure projects are back on track with availability of adequate manpower and normalization of business environment. Though rain fall in several states has been a hindrance in road construction activities 

Competitive Strengths: 

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

Objectives of the issue         

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

Company Financials      

Particulars          31-Mar-21 31-Mar-20 31-Mar-19 
Total Assets          188.90 97.74 108.40 
Total Revenue          1,008.54 501.79 309.77 
Profit After Tax          13.95 3.75 0.14 

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/ 

Registrar 

Bigshare Services Pvt Ltd 
 
Phone: +91-22-6263 8200 
Email: ipo@bigshareonline.com 
Website: https://www.bigshareonline.com/ 

Lead Manager(s) 

  1. Inventure Merchant Banker Services Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

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