Omnitech Engineering Targets ₹583 Crore via IPO; Subscription Opens February 25

Omnitech Engineering Limited will launch its ₹583 crore initial public offering on February 25, 2026, with a price band of ₹216–227 per share.

The issue includes a fresh issue of ₹418 crore and an offer for sale of ₹165 crore by promoter Udaykumar Arunkumar Parekh. Anchor bidding will open on February 24 and the public issue will close on February 27.

Retail investors can bid in lots of 66 shares. Employees are eligible for a ₹11 per share discount under the employee reservation portion.

The IPO follows the book building route, with up to 50% reserved for qualified institutional buyers (QIBs), at least 15% for non-institutional investors, and a minimum of 35% for retail investors, in line with SEBI ICDR norms.

Omnitech Engineering manufactures high-precision machined components catering to energy, motion control, industrial equipment and metal forming sectors. The company has reported strong financial momentum, posting 92.45% revenue growth between FY24 and FY25.

The shares are proposed to be listed on BSE and NSE. Equirus Capital and ICICI Securities are managing the issue.