Omnitech Engineering Launches IPO; Price Band Set at ₹216–227 Per Share
Mumbai (Anil Bedag): Omnitech Engineering Limited is set to open its Initial Public Offering (IPO) on Wednesday, February 25, 2026, with anchor investor bidding scheduled for February 24, 2026. The issue will close on Friday, February 27, 2026.
The company has fixed a price band of ₹216 to ₹227 per equity share of face value ₹5. Investors can bid for a minimum of 66 equity shares and in multiples of 66 shares thereafter.
The IPO comprises a fresh issue aggregating up to ₹418 crore and an Offer for Sale (OFS) of up to ₹165 crore by promoter Udhyakumar Arunkumar Parekh. Eligible employees applying under the employee reservation portion are being offered a discount of ₹11 per equity share.
A leading manufacturer of high-precision engineered components and assemblies, the company has reported strong growth over the past two years and currently serves more than 256 customers across 24 countries. With 19 years of experience, Omnitech supplies critical components to sectors such as energy, motion control and automation, and industrial equipment systems, strengthening its global footprint.