Omnitech Engineering Limited will open its initial public offering (IPO) on Wednesday, February 25, 2026. The anchor investor bidding will take place on February 24, while the issue will close on February 27.
The company has fixed a price band of ₹216 to ₹227 per equity share of face value ₹5 each. Investors can bid for a minimum of 66 shares and in multiples thereafter. Eligible employees bidding in the reserved portion will receive a discount of ₹11 per share.
The IPO comprises a fresh issue aggregating up to ₹418 crore and an offer for sale worth up to ₹165 crore by promoter Udaykumar Arunkumar Parekh.
Omnitech Engineering manufactures high precision engineered components and assemblies used in safety-critical industrial applications. According to an ICRA report cited in the Red Herring Prospectus, the company recorded revenue growth of 92.45% between FY24 and FY25, with a CAGR of 39.06% between FY23 and FY25.
The company serves over 256 customers across 24 countries including the US, Germany, UAE, UK, France, Australia and Canada.
The issue is being made through the book building process in accordance with SEBI regulations. The equity shares are proposed to be listed on BSE and NSE.
Equirus Capital and ICICI Securities are the book running lead managers to the issue.
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