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Omnitech Engineering has opened its initial public offering (IPO) for subscription on February 25, 2026, aiming to raise Rs 583 crore through a book-built issue, that comprises a mix of fresh issue and offer-for-sale (OFS) component.
The Rs 583 crore IPO comprises a combination of a fresh issue and an offer for sale (OFS). The fresh issue consists of 1.84 crore equity shares aggregating to Rs 418 crore, while the OFS includes 0.73 crore shares worth Rs 165 crore.
At the upper end of the price band, the company commands a market valuation of approximately Rs 2,807.17 crore.
The price band for the IPO has been fixed at Rs 216 to Rs 227 per share. Investors can bid for shares in a lot size of 66 shares. At the upper price band of Rs 227 per share, the minimum investment required for retail investors is Rs 14,982.
The issue also includes a reservation of up to 46,296 shares for employees, who are being offered a Rs 11 per share discount to the issue price.
The public issue will remain open for bidding until February 27, 2026, while the allotment of shares is expected to be finalised on March 2, 2026. The company is scheduled to list on the BSE and NSE with a tentative listing date of March 5, 2026.
The IPO has reserved nearly:
Ahead of the public issue, Omnitech Engineering raised Rs 174.60 crore from anchor investors on February 24, 2026.
The book-running lead manager for the issue is Equirus Capital Pvt Ltd, while MUFG Intime India Pvt Ltd has been appointed as the registrar.
Omnitech Engineering operates as a manufacturing and engineering solutions provider, specialising in precision-engineered components, turnkey industrial automation solutions, and customised mechanical systems.
The company is engaged in mechanical design, fabrication, assembly, and integration of high-performance equipment used across industries such as automotive, aerospace, pharmaceuticals, food processing, and general manufacturing.