Omnitech Engineering IPO: Omnitech Engineering's initial public offering (IPO) opened for subscription on February 25, 2026 at 10:00 AM. The issue will remain available for bidding until February 27.
Omnitech Engineering is a manufacturing and engineering solutions firm that specialises in precision-engineered components, turnkey automation systems and customised mechanical solutions.
The company designs, fabricates, assembles and integrates mechanical systems, supplying high-performance equipment to the automotive, aerospace, pharmaceutical, food processing and general manufacturing sectors.
Omnitech Engineering IPO Details: Issue Size, Price Band, Allotment, Listing Dates
Omnitech Engineering seeks to raise Rs 583 crore through its book-built IPO, which includes a fresh issue of 18.41 million shares aggregating to Rs 418 crore and offer for sale of 7.27 million shares worth Rs 165 crore.
The company has fixed the price band at Rs 216–227 per share. Investors can bid in lots of 66 shares, translating into a minimum investment of Rs 14,982 at the upper end of the price band.
The basis of allotment is likely to be finalised on March 2, and the shares are set to debut on both the stock exchanges, BSE and NSE, on March 5.
Equirus Capital and ICICI Securities are the lead bankers to the issue, and MUFG Intime India is acting as the registrar.
Omnitech Engineering IPO Objectives
Omnitech Engineering plans to use the net proceeds from the fresh issue primarily to expand capacity and pare debt.
According to its red herring prospectus (RHP), the company plans to use Rs 50 crore for clearing its debt. A big chunk will go into capacity expansion, with Rs 132.84 crore earmarked for setting up new projects at Proposed Facility 1 and Rs 100.71 crore for Proposed Facility 2.
Further, the company will spend Rs 18.70 crore on capital expenditure at its existing Facility 2, while the remaining funds will be used for general corporate purposes.
Omnitech Engineering IPO Subscription Status
The company has allocated up to 50 per cent of the net offer to qualified institutional buyers (QIBs). Retail investors will get not less than 35 per cent of the net offer, while non-institutional investors (NIIs) will be allotted at least 15 per cent.
As of 11:08 AM on Day 1, the Omnitech Engineering IPO has been subscribed an overall 1 per cent. NIIs and retail investors have booked 1 per cent and 2 per cent respectively, while QIB subscription is nil so far.
Omnitech Engineering IPO GMP Today
Omnitech Engineering IPO is quoting a grey market premium (GMP) of Rs 4 over the issue price, as of 8:36 AM on February 25, 2026, according to websites that track such trades.
The GMP has cooled off from its peak of Rs 15, quoted on February 21, to the current level.
Based on the upper end of the price band at Rs 227 and the current GMP, the estimated listing price of Omnitech Engineering IPO shares stands at Rs 231 per share. This indicates a potential listing gain of about 1.76 per cent.
However, investors should note that grey market premiums are unofficial and speculative indicators. They are based on informal trades and can fluctuate sharply, offering no guarantee of actual listing performance.
Omnitech Engineering Financials
For the six months ended September 30, 2025, the company reported revenue of Rs 236.69 crore. Profit after tax (PAT) stood at Rs 27.78 crore, while Ebitda came in at Rs 70.08 crore.
For FY25, the company posted revenue of Rs 349.71 crore, up from Rs 181.95 crore in FY24 and Rs 183.71 crore in FY23. PAT rose to Rs 43.87 crore in FY25, compared with Rs 18.91 crore in FY24 and Rs 32.29 crore in FY23. Ebitda increased to Rs 117.65 crore in FY25 from Rs 64.94 crore in FY24 and Rs 63.46 crore in FY23.
As of September 30, 2025, net worth stood at Rs 232.27 crore, while total assets were at Rs 766.65 crore. Reserves and surplus amounted to Rs 179.65 crore. Net debt stood at Rs 382.91 crore.
