Omnitech Engineering’s ₹583 crore IPO opened today with a price band of ₹216–₹227 per share. The Rajkot-based precision manufacturer has shown strong financial growth, with revenue up 92% in FY25. The IPO includes both fresh issue and offer-for-sale, with a gray market premium (GMP) suggesting modest listing gains.
Omnitech Engineering IPO – Day 1 Snapshot
Omnitech Engineering Ltd, a precision engineering firm specializing in high-accuracy components and automation solutions, launched its ₹583 crore IPO today. The issue comprises a fresh issue worth ₹418 crore and an offer-for-sale of ₹165 crore. Subscription runs from February 25–27, 2026, with allotment expected on March 2, 2026.
Key Highlights
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Issue size: ₹583 crore (₹418 crore fresh issue + ₹165 crore OFS).
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Price band: ₹216–₹227 per share; lot size of 66 shares (~₹14,982 minimum investment).
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Gray Market Premium (GMP): Around ₹15 per share, indicating ~6.6% potential listing gain.
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Financials: FY25 revenue surged 92% to ₹342.9 crore; profits more than doubled.
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Client base: Includes global names like Halliburton and Suzlon.
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Subscription window: February 25–27, 2026; allotment on March 2, 2026.
Analysts highlight Omnitech’s strong growth trajectory and niche expertise in precision manufacturing. While GMP signals moderate listing gains, investors should weigh fundamentals and long-term prospects before applying.
Sources: The Economic Times, NewsBytes, Paytm Money, Value Research