Omnipotent Industries Limited IPO (Omnipotent Industries IPO) Detail

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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

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 30, 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 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

Omnipotent Industries IPO Promoter Holding

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

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 Issue	3,000,000 Eq Shares of ₹10 (aggregating up to ₹[.] Cr)