HomeBusiness/FinanceOmnitech Engineering Limited IPO to Open on February 25; Price Band Fixed...

Omnitech Engineering Limited IPO to Open on February 25; Price Band Fixed at ₹216–₹227 per Share

Omnitech Engineering Limited has announced that its Initial Public Offering (IPO) will open for subscription on Wednesday, February 25, 2026, and close on Friday, February 27, 2026. The Anchor Investor Bidding Date is scheduled for Tuesday, February 24, 2026.

The price band has been fixed at ₹216 to ₹227 per equity share of face value ₹5 each. Investors can bid for a minimum of 66 equity shares and in multiples of 66 thereafter. Eligible employees applying under the Employee Reservation Portion will receive a discount of ₹11 per share.

The IPO comprises a fresh issue of shares aggregating up to ₹418 crore and an offer for sale of up to ₹165 crore by promoter Udaykumar Arunkumar Parekh. The company has also reserved up to 5% of the post-offer paid-up equity share capital for eligible employees.

Omnitech Engineering is a key manufacturer of high-precision engineered components and assemblies used in safety-critical applications across industries such as energy, automation and industrial systems. According to an ICRA report, the company recorded a strong revenue growth of 92.45% between FY24 and FY25.

The equity shares are proposed to be listed on BSE Limited.

RELATED ARTICLES
India
clear sky
29.3 ° C
29.3 °
29.3 °
13 %
2.4kmh
0 %
Thu
29 °
Fri
37 °
Sat
36 °
Sun
37 °
Mon
35 °

Most Popular