Om Power Transmission Ltd

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offering of up to 85,75,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Om Power Transmission Limited (formerly known as Om Power Transmission Private Limited) ("Company" or "Issuer") for cash at a price of Rs. 175 per equity share (including a share premium of Rs. 165 per equity share) ("Offer Price") aggregating to 150.06 Crores comprising of a fresh issue of 75,75,000 equity shares of face value of Rs. 10 each aggregating to Rs. 132.56 Crores ("Fresh Issue") and an offer for sale of 10,00,000 equity shares of face value of Rs. 10 each aggregating to Rs. 17.5 Crores comprising an offer of 3,50,000 equity shares of face value of Rs. 10 each aggregating to Rs. 6.13 Crores by Kalpesh Dhanjibhai Patel and 3,50,000 equity shares of face value of Rs. 10 each aggregating to Rs. 6.13 Crores by Kanubhai Patel and 3,00,000 equity shares of face value of Rs. 10 each aggregating to Rs. 5.25 Crores by Vasantkumar Narayanbhai Patel (collectively the "Promoter Selling Shareholders", and such equity shares offered by the promoter selling shareholders, the "Offered Shares") ("Offer For Sale", and together with the fresh issue, the "Offer"). The offer constituted 25.04% of the post-offer paid up equity share capital of the company. The company, in consultation with the brlm, may consider an issue of equity shares, as may be permitted under applicable law, to any person(s), at its discretion, prior to filing of the ("pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company in consultation with the brlm. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule19(2)(b) of the securities contracts (Regulation) Rules, 1957. The utilisation of the proceeds raised pursuant to the pre-ipo placement will be done towards the objects of the offer in compliance with applicable law. The pre-ipo placement, if undertaken, shall not exceed 20.00% of the fresh issue size. The company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). Price Band: Rs. 175 per equity share of face value of Rs. 10 each. The floor price is 17.50 times the face value of the equity shares. Bids can be made for a minimum of 85 equity shares of face value of Rs. 10 each and in multiples of 85 equity shares of face value of Rs. 10 each thereafter.