The basis of allotment for the ₹583 crore Omnitech Engineering IPO will be announced today, 2 March 2026. Investors can check the IPO allotment status through the official websites of the NSE, BSE, or the IPO’s registrar, MUFG Intime India.
The Omnitech Engineering IPO is a book-building issue of ₹583 crore, consisting of a fresh issue of ₹418 crore and an offer for sale of ₹165 crore.
The bidding window was open from February 25, 2026, to February 27, 2026, during which the IPO received a total subscription of 1.14x. The price band is set between ₹216 and ₹227 per share.
The book-running lead managers for the IPO are Equirus Capital Private Limited and ICICI Securities Limited, while MUFG Intime India Private Limited (Link Intime) is the registrar for the IPO.
[27 February, 2026, End of the day]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
2.86 |
|
Non-Institutional Investors |
0.73 |
|
Retail Individual Investors (RIIs) |
0.33 |
|
Employees |
4.25 |
|
Total |
5.21 |
According to media reports, the Grey Market Premium (GMP) of the Omnitech Engineering IPO is reported at nil over the IPO price.
The net proceeds from the fresh issue will be used towards the following objectives:
Omnitech Engineering is a leading manufacturer of high-precision engineered components and sub-assemblies catering to a diversified global customer base across sectors such as energy, motion control and automation, industrial equipment systems and other industrial applications.
The company produces components weighing from as low as 0.003 kg to over 500 kg, with diameters ranging from approximately 1.27 centimetres to 1 metre and lengths extending from 0.2 centimetres up to 10 metres.
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