Om Galaxy Ltd.
PROSPECTUS · filed 10 Sept 2026
Om Galaxy Ltd. is a company with a revenue of Rs 124 crore and a profit after tax of Rs 16 crore, having grown its revenue at a CAGR of 8.9% over the past three years. The offer is structured as a fresh issue of equity shares, with the company stating that the proceeds will be used for general corporate purposes. The draft prospectus highlights high material risks regarding the company's dependence on a limited number of top customers, who accounted for over 80% of revenue in recent years, and a similar concentration among its suppliers. Additionally, the company faces risks related to the bargaining power of these major customers and the potential for raw material price volatility.
What stands out
Risk factor. A substantial portion of our Revenue from Operations is dependent on our top 10 customers, representing 73%, 84%, and 84% of revenue from operations in Fiscals 2026, 2025, and 2024, respectively. We generally do not have long-term or exclusive arrangements with most of our customers, and any reducti
Risk factor. We depend on a limited number of suppliers for procurement of key raw materials, with purchases from our top 10 suppliers representing 49%, 69%, and 59% of total purchases in Fiscals 2026, 2025, and 2024, respectively. As we do not have definitive agreements with our suppliers, any interruption in t
Risk factor. Our continued engagement with major customers depends on our ability to maintain our relationships and remain a preferred supplier. Any reduction in orders from, or loss of, any of our major customers due to factors such as changes in their business strategies, financial position, supply chain diver
Low leverage. Debt-to-equity of 0.47x.
Healthy return on equity. ROE of 19.8%.
How the offer is structured
- Capital Expenditure towards setting up a New Manufacturing Unit for consolidation of the Company's existing manufacturing units and expansion of its production capacities₹74.7 Cr
- Pre-payment/ re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company₹14.0 Cr
- General Corporate Purposes
Restated financials
Revenue
₹124 Cr
Latest fiscal year
Profit after tax
₹16.0 Cr
Revenue CAGR
8.9%
Return on equity
19.8%
Debt / equity
0.47
P/E at upper band
12.50
Only in a priced RHP
PAT CAGR
16.5%
| Fiscal year | Revenue | EBITDA | PAT | Net worth |
|---|---|---|---|---|
| 2024 | ₹105 Cr | ₹24.6 Cr | ₹11.8 Cr | ₹49.1 Cr |
| 2025 | ₹113 Cr | ₹29.4 Cr | ₹15.3 Cr | ₹64.8 Cr |
| 2026 | ₹124 Cr | ₹32.8 Cr | ₹16.0 Cr | ₹80.9 Cr |
Promoters, litigation & related parties
Promoter (pre)
100.0%
Risks the company discloses
A substantial portion of our Revenue from Operations is dependent on our top 10 customers, representing 73%, 84%, and 84% of revenue from operations in Fiscals 2026, 2025, and 2024, respectively. We generally do not have long-term or exclusive arrangements with most of our customers, and any reduction in orders from, or loss of, any of our major customers could adversely affect our business, financial condition, results of operations and cash flows.(Business)
We depend on a limited number of suppliers for procurement of key raw materials, with purchases from our top 10 suppliers representing 49%, 69%, and 59% of total purchases in Fiscals 2026, 2025, and 2024, respectively. As we do not have definitive agreements with our suppliers, any interruption in the availability of raw material on account of any disruption, breakdown or shutdown of our suppliers' operations could adversely impact our operations and may have a material adverse effect on our business, financial condition, results of operations and cash flows.(Business)
Our continued engagement with major customers depends on our ability to maintain our relationships and remain a preferred supplier. Any reduction in orders from, or loss of, any of our major customers due to factors such as changes in their business strategies, financial position, supply chain diversification, competitive pressures, technological changes, or their decision to source products from alternative suppliers or manufacture such products in-house, could adversely affect our revenue and profitability.(Business)
Certain of our major customers may have significant bargaining power and may seek more favourable pricing or extended payment terms, or demands for better commercial terms, volume discounts or value-added services. In the event our competitors' offer better margins to such customers or otherwise incentivize them, there can be no assurance that our customers will continue to place orders with us.(Business)
Customer concentration exposes us to the risk that deterioration in the financial condition or business prospects of any of our major customers could result in delayed payments, payment defaults, or cancellation of orders, which could adversely impact our working capital, cash flows and financial performance.(Business)
Any failure by our suppliers to supply raw material in a timely manner or in accordance with our specifications due to reasons such as operational disruptions, capacity constraints, industrial relations issues, logistics disruptions or other factors could adversely affect our manufacturing schedules and our ability to meet customer delivery timelines.(Business)
We have an internal approved vendor list of suppliers which our quality team approves. We usually maintain a lead time for procurement of raw materials ranging from 05 to 15 days at our manufacturing units.(Business)
Raw material prices may be subject to volatility due to factors.(Business)
How this document reads, dimension by dimension
Each bar is a fixed formula applied to the figures shown above, scored 0–100. This is a reading of what the company disclosed — not a recommendation to apply or avoid, not a price target, and not a prediction of listing performance. Dimensions that could not be extracted are excluded rather than assumed, so coverage varies between documents.

