Omnitech Engineering IPO: Should you apply? Here's what market guru Anil Singhvi thinks

Omnitech Engineering IPO: The initial public offering (IPO) of Omnitech Engineering Limited entered its second day of public bidding on Thursday, February 26, 2026, with the issue subscribed over 0.9 times the public offer so far, according to provisional exchange data. The Rs 583 crore issue is a mix of fresh issue and offer for sale (OFS).

Omnitech Engineering IPO subscription status

As of 10:30 am, the IPO had received bids for 17.57 lakh shares out of an offer of 1.89 crore shares, resulting in a 0.09 times the overall subscription so far.

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The category-wise subscription details are:

• Qualified Institutional Buyers (QIBs) have booked 0.13 times, with 6.92 lakh shares bid out of 53.88 lakh shares.
• Non-Institutional Investors (NIIs) have subscribed 0.07 times, with 2.97 lakh shares bid out of 40.41 lakh reserved.
• Retail Individual Investors (RIIs) have booked 0.07 times with 6.64 lakh shares bid out of 94.30 lakh shares allotted.
• The employee quota saw an over-subscription of 2.10 times so far.

Omnitech Engineering IPO: Should you apply?

Earlier, Market expert Anil Singhvi, Managing Editor at Zee Business, shared his insights on Omnitech Engineering Ltd's business profile and highlighted key positives and negatives.

Key positives:

Experienced promoters.

Strong revenue growth track record.

Export-focused business model.

Reasonable valuations.

Key negatives:

Profit growth is much lower than revenue growth.

ROE fell to 21.6 from 54.

Huge working capital requirements.

Negative cash flows due to capex.

58 per cent export revenue from USA.

What should investors do?

Market guru Anil Singhvi noted that the era of listing gains in IPO is gone. He recommended looking at the IPO only from a long-term perspective and advised to better to invest post listing.

Omnitech Engineering IPO details

Omnitech Engineering IPO is a book-built issue worth Rs 583 crore, consisting of a fresh issue of 1.84 crore equity shares and an offer for sale (OFS) of 0.73 crore shares.

According to the company's RHP, Equirus Capital Pvt Ltd is the book-running lead manager for the issue, while MUFG Intime India Pvt Ltd has been appointed as the registrar.

Price band: The IPO is priced at Rs 216 to Rs 227 per share, giving the company a market valuation of around Rs 2,807 crore at the upper end.

Subscription date: The IPO opened for subscription on February 25, 2026, and will close on February 27, 2026.

Allotment date: The allotment of shares is expected to be finalised on March 2, 2026

Listing date: The IPO shares are expected to list on the stock exchanges with a tentative listing date fixed as March 5, 2026.

Lot size: Investors can apply in a lot size of 66 shares, requiring a minimum investment of Rs 14,982 for retail applicants at the upper price band.

Omnitech Engineering Company

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.