Omnipotent Industries Limited

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i. Omnipotent Industries is engaged in the business of supplying bulk and packed bitumen as well as other bituminous products. They source their products either through direct imports or buy from third party importers and sell it to its various distributors as well as corporates. They import bulk as well as drum bitumen

ii. Their 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.

iii. They are also engaged in the consultancy of setting up of plants for Bitumen & Bituminous products. Its consultancy include end to end solutions from identification of land, plant & machinery to imparting training & making policy with staff on marketing & quality testing.

iv. They 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.

Competitive Strengths
i. Focus on procurement, sales and customer service
ii. Experienced & Qualified Team
iii. In house processes

Objects of the Omnipotent Industries Limited:

The objects of the Net Proceeds (as defined below) of the Issue are: 1. Repayment of Loans 2. Augmenting additional working capital requirements 3. General Corporate Purposes
DRHP of Omnipotent Industries Limited
RHP of Omnipotent Industries Limited

Omnipotent Industries Limited Details:

Open Date: Nov 16 2021
Close Date: Nov 20 2021
Total Shares: 3,000,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Issue
Issue Size: 18.90 Cr.
Lot Size: 2000 Shares
Issue Price: ₹ 63 Per Equity Share
Listing At: BSE SME
Listing Date: Nov 30 2021

Promoters And Management:

i. Punit K. Popat, aged 33 years, is the Non-Executive Chairman of the Company. He has completed his Bachelor of Engineering (Bio Technology) from Saurashtra University. He is having experience of more than 2 years of experience in the field of bitumen supply and trading. He provides strategic guidance to the Company and leverage his experience in getting business for the Company. ii. Prince P. Shah, aged 39 years, is the Managing Director & CFO of the Company. He has completed his MBA in marketing and finance from Dr. CV Raman University, Bilaspur. He is having experience of about 15 years in field of bitumen procurement, import and supply. He take care of day to day business of the Company and executes the strategy as per the approval of the Board of Directors. iii. Bipin R. Panchal, aged 35 years, is an Independent Director of the Company. He has completed his B.Com from University of Mumbai. He is having experience of accounting 5 years in the field of accounting. He has been on the Board since August 21, 2021.

Financials of Omnipotent Industries Limited:

Particulars (in Lakhs) Mar 21 Mar 20
Income 10,074 4,988.44
Purchases of Stock in Trade 9,749.13 4,782.15
Changes in Inventories -2.73 -1.88
Employee Benefits Expenses 37.87 41.82
Other Expense 98.7 142.2
Operating Profit 191 24.15
OPM% 2% 0%
Other income 11.2 29.54
Finance costs 0.04 0.29
Profit Before tax 202.45 53.64
Profit After Tax 140 36.75

Comparison With Peers:

to be updated shortly

Recommendation on Omnipotent Industries Limited:

to be updated shortly

Lead Manager of Omnipotent Industries Limited:

  1. Inventure Merchant Banker Services Private Limited

Registrar of Omnipotent Industries Limited:

  1. Bigshare Services Private Limited

Company Address:

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/

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