Omnitech Engineering Ltd, a Gujarat-based precision engineering company, has launched its Initial Public Offering (IPO) to raise ₹583 crore from the primary market. The public issue opened on February 25, 2026, and closed on February 27, 2026. The IPO is a book-built issue comprising a fresh issue of ₹418 crore and an Offer for Sale (OFS) of ₹165 crore by the promoter.

IPO Price Band & Lot Size

The company has fixed the price band at ₹216 to ₹227 per equity share with a face value of ₹5 per share. Investors can bid for a minimum of 66 shares per lot and in multiples thereafter.

Minimum Investment (Retail): ₹14,982 (at upper price band)

Maximum Retail Investment: ₹1,94,766 (13 lots)

Issue Structure & Allocation

The IPO allocation structure is as follows:

50% reserved for Qualified Institutional Buyers (QIBs)

35% reserved for Retail Investors

15% reserved for Non-Institutional Investors (NIIs)

The shares are proposed to be listed on both NSE and BSE, with the tentative listing date set for March 5, 2026.

Objectives of the Issue

The company plans to utilize the fresh issue proceeds for:

Setting up new manufacturing facilities in Rajkot

Capital expenditure for machinery and solar panel installation

Repayment and prepayment of certain borrowings

General corporate purposes

The expansion aims to strengthen production capacity and enhance operational efficiency to meet increasing global demand.

Company Profile

Omnitech Engineering Ltd is engaged in manufacturing high-precision engineered components and assemblies. The company caters to industries such as:

Energy

Aerospace

Automation & Motion Control

Industrial Equipment Systems

A significant portion of its revenue is generated from exports, highlighting its strong international presence and diversified customer base.

Financial Performance

The company has demonstrated strong financial growth:

FY25 Revenue: Approximately ₹343 crore (around 92% growth year-on-year)

FY25 Net Profit: Approximately ₹43.8 crore (over 130% growth year-on-year)

Strong order book providing healthy revenue visibility

The robust revenue expansion and profitability growth reflect increasing demand and operational efficiency.

Market Sentiment & GMP

Grey Market Premium (GMP) trends before subscription indicated moderate investor interest. While GMP is unofficial and subject to market fluctuations, it suggested cautious optimism around potential listing performance.

Lead Managers & Registrar

The IPO is managed by reputed book-running lead managers, and the registrar to the issue is MUFG Intime India Pvt. Ltd.

Conclusion

The Omnitech Engineering IPO presents an opportunity for investors to participate in a fast-growing precision engineering company with strong export exposure and expansion plans. Backed by improving financial performance and a solid order pipeline, the issue has attracted attention from both institutional and retail investors.