Omnitech Engineering IPO Opens: ₹583 Crore Issue

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

• Issue size: ₹583 crore (₹418 crore fresh issue + ₹165 crore OFS).
• Price band: ₹216–₹227 per share; lot size of 66 shares (~₹14,982 minimum investment).
• Gray Market Premium (GMP): Around ₹15 per share, indicating ~6.6% potential listing gain.
• Financials: FY25 revenue surged 92% to ₹342.9 crore; profits more than doubled.
• Client base: Includes global names like Halliburton and Suzlon.
• 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