Omnitech Engineering is launching a book-built IPO with a total issue size of ₹583 crore. The public offering consists of a fresh issue of 1.84 crore equity shares worth ₹418 crore and an offer for sale of 0.73 crore shares amounting to ₹165 crore.
The IPO will open for subscription on February 25, 2026, and close on February 27, 2026. The share allotment is likely to be finalised on March 2, 2026. The company’s shares are proposed to be listed on both the BSE and NSE, with a tentative listing date of March 5, 2026.
The price band for the issue has been fixed between ₹216 and ₹227 per-share. Investors must apply for a minimum lot of 66 shares. At the upper price band, the minimum investment required for retail investors is ₹14,982.
For Small Non-Institutional Investors (sNII), the minimum application size is 14 lots (924 shares), which amounts to ₹2,09,748. For Big Non-Institutional Investors (bNII), the minimum requirement is 67 lots (4,422 shares), totaling ₹10,03,794.
Equirus Capital Pvt. Ltd. is the book-running lead manager, while MUFG Intime India Pvt. Ltd. is acting as the registrar to the issue.
(Source: RHP)
Company Overview
Omnitech Engineering Ltd is a precision manufacturing and engineering solutions company with nearly two decades of industry experience. The company specializes in producing high-precision engineered components and assemblies used in safety-critical applications across multiple industries. Its product range includes components of varying sizes and weights, enabling it to meet diverse and complex customer requirements.
Omnitech serves sectors such as energy (including oil & gas, wind and power), motion control and automation, industrial equipment systems, and metal forming applications. The company also provides customised mechanical systems, fabrication, assembly, and integration solutions for industrial use.
With a strong focus on quality, engineering expertise, and timely delivery, Omnitech has built long-standing relationships with clients worldwide. It supplies to customers across several countries, with a significant portion of revenue coming from international markets, reflecting its growing global presence and competitive manufacturing capabilities.
(Source: RHP)
Industry Context
- Global energy investments are rising steadily, with total spending expected to reach around USD 3.3 trillion in 2025. Growth in clean energy, renewables, and energy security initiatives is creating sustained demand for precision-engineered industrial components worldwide.
- Oil and gas capital expenditure remains strong, crossing USD 600 billion recently, supported by healthy corporate profits and stable production levels. Continued investments in upstream and infrastructure projects support demand for heavy, safety-critical engineered components and assemblies.
- India is emerging as a preferred precision manufacturing hub due to skilled talent, cost efficiency, CNC capabilities, and government initiatives like PLI and Make in India, attracting global OEMs seeking diversified and resilient supply chains.
- Industrial activity faces near-term risks from geopolitical tensions, commodity price volatility, persistent inflation, and potential consumption slowdown, which may increase input costs, tighten liquidity, and moderate manufacturing output across energy and industrial sectors.
(Source: RHP)
Business Strengths
- Strong relationships with leading global customers across energy, automation, and industrial sectors, supported by strict qualification standards and consistent repeat business over several years.
- Well-established global delivery model serving customers in 24 countries, supported by a U.S. warehouse and efficient supply chain, logistics, and inventory management systems.
- Advanced manufacturing infrastructure with three large facilities offering high machining and fabrication capacity, strategic port access, and a skilled industrial ecosystem in Rajkot.
- Multiple international quality certifications including ISO, AS9100, IATF, and API standards, ensuring compliance with aerospace, automotive, oil and gas industry requirements.
- Strong engineering capabilities covering design, machining, fabrication, assembly, testing, and value engineering, enabling cost optimisation, faster turnaround, and customised high-precision component solutions.
(Source: RHP)
Financial Performance
Omnitech Engineering Limited – Financials (₹ in crore)
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 766.65 | 626.33 | 386.99 | 185.18 |
| Total Income | 236.69 | 349.71 | 181.95 | 183.71 |
| Profit After Tax | 27.78 | 43.87 | 18.91 | 32.29 |
| EBITDA | 70.08 | 117.65 | 64.94 | 63.46 |
| Net Worth | 232.27 | 204.44 | 78.81 | 59.90 |
| Reserves & Surplus | 179.65 | 151.81 | 28.81 | 54.90 |
| Total Borrowings | 382.91 | 330.63 | 230.49 | 88.81 |
(Source: RHP)
Key Ratios & Metrics (Annualised)
| KPI | Sep 30, 2025 |
|---|---|
| ROE | 12.07% |
| ROCE | 9.19% |
| Debt/Equity | 1.65 |
| RoNW | 11.96% |
| PAT Margin | 11.74% |
| EBITDA Margin | 30.72% |
(Source: RHP)
Market Outlook & GMP Trends
As of February 24, 2026 at 11:35 AM, Omnitech Engineering IPO is commanding a grey market premium (GMP) of ₹7 per share. With the upper price band fixed at ₹227, the estimated listing price stands around ₹234, indicating a potential gain of approximately 3.08% per share.
Over the last six trading sessions, grey market activity has shown a softening trend, with GMP gradually moving downward. The recorded GMP range so far has been between ₹7 and ₹15, suggesting moderate but cautious investor sentiment. Retail Subject to Sauda is quoted at ₹400, while Small HNI stands at ₹5,600.
(Note: Grey market data is updated daily based on available market inputs. Grey market trends are unofficial and should not be considered a reliable indicator of listing performance.)
(Source: Investorgain)
IPO Details
| Particulars | Details |
|---|---|
| IPO Date | 25 – 27 February, 2026 |
| Listing Date | Thursday, March 5, 2026 |
| Face Value | ₹5 per share |
| Price Band | ₹216 to ₹227 per share |
| Lot Size | 66 Shares |
| Issue Type | Book Building IPO |
| Sale Type | Fresh Issue & Offer for Sale (OFS) |
| Total Issue Size | 2,56,82,818 shares (agg. up to ₹583 Cr) |
| Min. Retail Investment | ₹14,982 (1 lot/66 shares) |
| Max. Retail Investment | ₹1,94,766 (13 lots/858 shares) |
| Listing Exchange | BSE, NSE |
| Employee Discount | ₹11 per share |
(Compiled from RHP and market updates)
Conclusion
Omnitech Engineering’s IPO presents an opportunity to invest in a precision engineering company with diversified end-user exposure and a growing international footprint. The company benefits from strong customer relationships, certified manufacturing capabilities, and expanding global demand across energy and industrial sectors.
Financially, it has demonstrated revenue growth with stable margins, though leverage levels remain notable. While grey market signals indicate modest listing expectations, investors should evaluate fundamentals, industry outlook, and risk factors carefully. As always, investment decisions should align with individual risk appetite and long-term portfolio strategy.
Disclaimer: Investment in securities market is subject to market risks. Read all the related documents carefully before investing. This content is purely for information purpose only and in no way is to be considered as an advice or recommendation. The securities are quoted as an example and not as a recommendation. Investors are requested to do their own due diligence before investing.
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