Omnitech Engineering Ltd enters the final day of its IPO subscription, with the bidding window set to close today, February 27, 2026. The company makes high-precision engineered components and assemblies used across industries such as energy, automation, industrial systems, and metal forming. Its products are used in sectors including oil and gas, wind and power, motors and drives, hydraulics, aerospace ground support equipment, construction machinery, winches, and hoists.

The allotment process is expected to be finalised on March 2, 2026, and the company’s shares are scheduled to be listed on the NSE and BSE on March 5, 2026.

Omnitech Engineering IPO - Issue Details

Omnitech Engineering IPO is a book-built issue with a total size of ₹583 crore. The offering comprises a fresh issue of 1.84 crore equity shares aggregating to ₹418 crore, along with an offer for sale (OFS) of 0.73 crore shares worth ₹165 crore.

The price band is fixed at ₹216 to ₹227 per share, and investors must bid for a minimum of 66 shares. For retail individual investors (RIIs), the minimum investment amount stands at ₹14,256. Equirus Capital Private Limited and ICICI Securities Limited are acting as the book-running lead managers, while MUFG Intime India Private Limited serves as the registrar to the issue.

Omnitech Engineering IPO Day 3 Subscription Status

[February 27, 2026, 11:27 AM]

On Day 3, the Omnitech Engineering IPO saw a subscription of 0.17 times, as per NSE data on February 27, 2026, 11:27 am. The public issue was subscribed to 0.18 times by Retail Individual Investors (RIIs), 0.17 times by Non Institutional Investors (NIIs), 0.13 from the Qualified Institutional Buyers (QIBs) and 2.99 times by Employees..

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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 the purchase and installation of solar panels on the rooftop and the purchase of new equipment/machinery for the 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 chemicals, petrochemicals, oil & gas, fertilisers, pharmaceuticals, textiles, and steel. The company’s core offerings include pressure vessels, heat exchangers, reactors, columns, storage tanks, and other custom-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 the quality standards required by major EPC (engineering, procurement, and construction) players and industrial end-users.

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