- Price Band fixed at ₹ 216 per equity share of face value ₹5 each to ₹ 227 per equity share of the face value of ₹5 each
- Anchor Investor Bidding Date – Tuesday, February 24, 2026
- Bid /Offer Opening Date – Wednesday, February 25, 2026, and Bid/ Offer Closing Date – Friday, February 27, 2026
- Bids can be made for a minimum of 66 Equity Shares and in multiples of 66 Equity Shares thereafter
- A discount of ₹11 per Equity share is being offered to Eligible Employees bidding in the Employee Reservation Portion
NE BUSINESS BUREAU
AHMEDABAD, FEB 21
Rajkot-based Omnitech Engineering Limited on Saturday announced it proposes to open an initial public offering of its equity shares of face value of ₹5 each on Wednesday, February 25, 2026. The Anchor Investor Bidding Date is one Working Day before the Bid/Offer Opening Date, being Tuesday, February 24, 2026. The Bid/ Offer Closing Date is Friday, February 27, 2026.
The Price Band of the Offer has been fixed from ₹216 per Equity Share of face value ₹5 each to ₹ 227 per Equity Share of face value ₹5 each. Bids can be made for a minimum of 66 Equity Shares of face value ₹5 each and multiples of 66 Equity Shares of face value ₹5 each thereafter.
The offer comprises a fresh issue of equity shares aggregating up to ₹418 Crore and an offer for sale of up to ₹165 Crore by existing shareholders, Udaykumar Arunkumar Parekh.
At the upper end, the company is valued at over ₹2,800 crore.
Omnitech Engineering that claims one of India’s fastest growing manufacturers of high precision engineered components and assemblies amongst peers intends to spend ₹233.5 crore of proceeds from the fresh issue for setting up of two new manufacturing facilities in Rajkot.
Further, it will utilise ₹50 crore for repaying certain debt, ₹18.6 crore for purchase and installation of solar panels on the rooftop, and the balance amount for general corporate purposes.
The company said that half of the issue size has been reserved for qualified institutional investors, 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors. A discount of ₹11 per Equity share is being offered to Eligible Employees bidding in the Employee Reservation Portion
The Company is one of the key manufacturers of high precision engineered components and assemblies supplying to global customers across industries such as energy, motion control & automation, industrial equipment systems, metal forming and other diversified industrial applications. With 19 years of experience, the Company manufactures highly engineered precision machined components and assemblies primarily used in safety-critical applications.
Its clientele includes Halliburton Energy Services, Suzlon, Oshkosh Aerotech, Weatherford, Lufkin Industries, Oilgear, Donaldson Company, PUSH Industries and Bharat Aerospace Metals.
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 of America, India, United Arab Emirates, Germany, Bulgaria, Sweden, United Kingdom, France, Australia and Canada.
Omnitech Engineering operates three existing manufacturing sites catering to energy, motion control and automation, industrial equipment systems, and metal forming industries. As of September 2025, its order book stood at ₹1,764.7 crore, a significant rise from ₹283.6 crore in March 2025, highlighting substantial business growth.
The company derives the bulk of its revenue from exports, which accounted for 75% in FY25. The remaining 25% came from domestic operations. For fiscal 2025, Omnitech’s revenue increased by 92.5% to ₹ 342.9 crore from the previous year’s ₹ 178.2 crore. Profit after tax saw a sharp 132% increase to ₹ 43.9 crore in FY25, up from ₹18.9 crore in FY24.
For the six months ending September 2025, the firm reported a profit of ₹ 27.7 crore on revenue of ₹ 228.1 crore. The financial performance over the past years reflects a strong growth trajectory, supported by a robust export order book and expanding client base.
The company said that half of the issue size has been reserved for qualified institutional investors, 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors.
The Equity Shares of the Company are proposed to be listed on BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE).
Equirus Capital Private Limited and ICICI Securities Limited are the Book Running Lead Managers (BRLMs) to the issue.
