Omnitech Engineering Ltd has opened its Initial Public Offering (IPO) today on February 25, 2026 for public subscription. The company is a manufacturer of high-precision engineered components and assemblies serving industries such as energy, automation, industrial systems, and metal forming. Its products are used in applications including oil & gas, wind and power, drives and motors, hydraulics, aerospace ground support, construction machinery, winches, and hoists.

The bidding window for Omnitech Engineering IPO will remain open from February 25 to February 27, 2026. The allotment process is expected to be finalised on March 02, 2026 and the shares will be listed on both NSE and BSE on March 05, 2026.

Omnitech Engineering IPO - Issue Details

Omnitech Engineering IPO is a book-building issue of ₹583 crores. It consists of a combination of fresh issue of 1.84 crore shares aggregating to ₹418 crores and offer for sale (OFS) of 0.73 crore shares aggregating to ₹165 crores.

The IPO price band is set between ₹216 to ₹227 per share, with a minimum lot size requirement of 66 for an application. The minimum amount of investment required for retail individual investors (RIIs) is ₹14,256.

Equirus Capital Private Limited and ICICI Securities Limited are the book-running lead managers for the IPO. MUFG Intime India Private Limited is the registrar.

Omnitech Engineering IPO Day 1 Subscription Status

[February 25, 2026, 10:51 AM]

On Day 1, Omnitech Engineering IPO saw a subscription of 0.02 times as per the NSE data on February 25, 2026, 10:51 am. The public issue was subscribed 0.02 times by the Retail Individual Investors (RIIs), 0.01 times by the Non Institutional Investors (NIIs) and 1.16 times by the Employees. It is yet to receive bids from the Qualified Institutional Buyers (QIBs).

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Utilisation of Proceeds

The Company will utilise the net proceeds from the fresh issue towards the following purposes:

Repayment and / or prepayment, in full or in part, of certain outstanding borrowings availed by the Company.
Setting up of new manufacturing facilities of the Company.
Funding towards capital expenditure requirements for purchase and installation of solar panels on the roof top and, purchase of new equipment / machinery for, existing manufacturing facility.
General corporate purposes.

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Omnitech Engineering Ltd GMP

As per media reports, the Grey Market Premium (GMP) of Omnitech Engineering Ltd is reported at ₹4 or 1.76% over the upper end of the price band.

Omnitech Engineering Ltd- Business Overview

Omnitech Engineering Ltd is an Ahmedabad-based industrial engineering and manufacturing company incorporated in 1989. It specialises in designing, engineering and fabricating critical equipment and systems for process-intensive industries such as chemical, petrochemical, oil & gas, fertilisers, pharmaceuticals, textiles and steel. The company’s core offerings include pressure vessels, heat exchangers, reactors, columns, storage tanks and other custom-built engineered equipment, serving both domestic and global clients across project, replacement and maintenance requirements.

Omnitech operates from its manufacturing facilities in Gujarat with capabilities in heavy fabrication, precision machining, non-destructive testing and specialised welding enabling compliance with quality standards required by major EPC (engineering, procurement and construction) players and industrial end-users.

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