Omnitech Engineering Limited will open its initial public offering (IPO) on Wednesday, February 25, 2026. The anchor investor bidding date has been scheduled for Tuesday, February 24, 2026, while the issue will close on Friday, February 27, 2026.
The company has fixed the price band at ₹216 per equity share to ₹227 per equity share, each with a face value of ₹5. Investors can bid for a minimum of 66 equity shares and in multiples of 66 shares thereafter. Eligible employees applying under the employee reservation portion will receive a discount of ₹11 per equity share.
The offer comprises a fresh issue of equity shares aggregating up to ₹4,180 million (₹418 crore) and an offer for sale of up to ₹1,650 million (₹165 crore) by promoter selling shareholder Udaykumar Arunkumar Parekh. The issue also includes a reservation of equity shares aggregating up to ₹10 million, constituting up to 5% of the post-offer paid-up equity share capital, for eligible employees.
Omnitech Engineering is a manufacturer of high precision engineered components and assemblies catering to global customers across industries including energy, motion control and automation, industrial equipment systems, metal forming, and other diversified industrial applications. With 19 years of operational experience, the company manufactures precision machined components used primarily in safety-critical applications.
As per the ICRA report cited in the Red Herring Prospectus (RHP), the company is among India’s fastest-growing manufacturers within its identified peer set in terms of revenue from operations. It recorded revenue growth of 92.45% between Fiscal 2024 and Fiscal 2025 and a CAGR of 39.06% between Fiscal 2023 and Fiscal 2025.
During the six months ended September 30, 2025 and in Fiscals 2025, 2024 and 2023, the company supplied customised high precision engineered components and assemblies to over 256 customers across 24 countries, including the United States, India, the United Arab Emirates, Germany, Bulgaria, Sweden, the United Kingdom, France, Australia and Canada.
The offer is being made through the book building process in accordance with Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, read with Regulation 31 of the SEBI ICDR Regulations and Regulation 6(1) of the SEBI ICDR Regulations.
Not more than 50% of the net offer will be allocated on a proportionate basis to qualified institutional buyers (QIBs). Of this QIB portion, up to 60% may be allocated to anchor investors. Within the anchor allocation, 33.33% will be reserved for domestic mutual funds and 6.67% for life insurance companies and pension funds, subject to valid bids. Any undersubscription may be reallocated as per regulatory provisions.
Further, 5% of the net QIB portion will be available for allocation to mutual funds, while the remainder will be available to all QIBs on a proportionate basis. At least 15% of the net offer will be allocated to non-institutional investors (NIIs), with sub-categorisation based on bid size, and a minimum of 35% will be allocated to retail individual investors (RIIs), in line with SEBI regulations.
All bidders, except anchor investors, must apply through the Application Supported by Blocked Amount (ASBA) process.
The equity shares are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited.
Equirus Capital Private Limited and ICICI Securities Limited are the book running lead managers to the issue.
