Omnipotent Industries Ltd

About the Company:

Omnipotent Industries Ltd is engaged in the business of supplying bulk and packed bitumen as well as other bituminous products.

Company source the products either through direct imports or buy from third party importers and sell it to our various distributors as well as corporates.

Company is an ISO 9001:2015 and ISO 14001:2015 certified for import, trading and processing of petroleum & petrochemical products.

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. Bitumen is most commonly used in construction of roads and highways.

Company is also engaged in the consultancy of setting up of plants for Bitumen & Bituminous products.

consultancy include end to end solutions from identification of land, plant & machinery to imparting training & making policy with staff on marketing & quality testing.


Plant Shifting to Gujarat:

Company have also set up a bitumen decanter plant for melting of bitumen purchased in drums. Road contractors prefer the melted bitumen. It also solve availability and logistics issue with bitumen.

Earlier company’s plant was located in Panvel and we had given it to a third party on contractual basis for operating and managing the plant.

However company is in the process of shifting of this plant at Gandhidham, Kutch, Gujarat. This plant will also be managed by third party operator. This help company in focusing on core strength of procurement and marketing.



Off season for Bitumen supply in India.

Rainy season from June to September is counted as off season for Bitumen supply in India, as all roads and highways construction are stop during the period and hence demand for the bitumen goes down.

Company plan for the same according to month wise and state-wise rainfall scenario to push the sale in a particular state as per the timing of rainfall.

Company has also entered into trading of plastic polymers in July 2021.



Company’s business associations with various importers.

Company also has business associations with various importers, manufacturers, transporters, warehousing & bulk storage entities. This gives us cost advantage due to bulk purchase as well as sharing of logistics cost.

These collaborations also helps in ensuring supply of materials in case of an urgent order from customers.



Company’s Bulk Bitumen Import and Supply Locations: 



Competition in the Business:

Bitumen being a vast and global industry, we face competition from various domestic and international players. Though being dominated by the large corporates, the industry is also unorganized and fragmented with many small and medium sized companies and entities.



Management Team:

  1. Mr. Punit K. Popat (Designation: Non Executive Chairman)
  2. Mr. Prince P. Shah (Designation: Managing Director)



Objectives of the Issue:

Fresh Issue: (Rs. 18.9 cr)

  • Repayment of Loans.
  • Augmenting additional working capital requirements
  • General Corporate Purposes



Positives for the Company:

Expanding the Geographical network.

  • Company has a prominent presence in Mumbai, Gujarat and some parts in West India and nearby markets.
  • Company intends to continue developing and nurturing existing market, and create new distribution channels in under and non-penetrated geographies.
  • Company aims to further develop the domestic sales networks in those territories where there are lower transportation costs and those which have a significant demand of our products, where company can sell at price-points that can effectively offset higher transportation costs.



Financials of the Company:

(in Crores) FY 19 FY 20 FY 21
Revenue 30.97 50.17 100.85
Net Profit 0.0012 0.36 1.39



Valuation of Peer Group Companies:

Company Name Face Value EPS PE Ratio RoNW NAV
Omnipotent Industries Ltd 10 7.97 7.90 76.59% 10.41
Agarwal Industrial
Corporation Ltd
10 22.08 15.75 20.66 191.16
GBL Industries Ltd 10 0.12 33.77 (-2.52%) 10.84



IPO Details:

Details Info
Issue Opens on 16th November 2021
Issue Closes on:. 22nd November 2021
Issue Price Rs.63
Face Value Rs.10
Minimum Lot 2000 Shares
Minimum Investment Rs.1,26,000
Issue Constitutes 49.59%
Issue Size Rs.18.9 cr
Market Cap Rs.38.11 cr
Listing at BSE SME
Equity Shares Offered (Fresh) 30,00,000
Equity Shares Prior to the Issue 30,50,000
Equity Shares after the issue 60,50,000

Also Read : List of Upcoming IPO’s in India.


Important Dates:

Finalization of Basis of Allotment on or Before 25th November 2021
Initiation of Refunds on or Before 26th November 2021
Credit of Equity Shares: on or Before 29th November 2021
Listing Date: on or Before 30th November 2021



IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
7.97 7.90 76.59% 10.41



Check IPO Allotment Status:


BSE IPO Website:


Company Contact Info:
Omnipotent Industries Ltd
1/11, Damji Nenshi Wadi,
Station Road, Bhandup West,
Mumbai – 400078, Maharashtra, India
Tel: +91 22 +91 22 2167 0184
Fax: Not Available


IPO Registrar Info:
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel. No.: +91 22 6263 8200


Lead Manager to the Issue:
2nd Floor, Viraj Tower, Nr. Andheri Flyover (North End),
Western Express Highway, Andheri (East) Mumbai – 400 069, Maharashtra
Tel No: +91 22 4075 1500
Fax No: +91 22 4075 1511