Omnitech Engineering IPO 2026: Price Band, Key Dates, Issue Size & Growth

Omnitech Engineering, a Gujarat-based manufacturer of high-precision engineered components and assemblies, is set to launch its much-anticipated initial public offering in 2026, aiming to raise ₹583 crore from public investors. The company has fixed the price band at ₹216 to ₹227 per share, reflecting strong confidence and interest in its business model. At the upper end of the price band, Omnitech Engineering’s valuation is around ₹2,807 crore, positioning it as a noteworthy entrant in the mid-cap segment.

The IPO opens for subscription on February 25, 2026, and will remain open until February 27, 2026. Prior to the public subscription, the anchor investor book will open on February 24, 2026, offering institutional investors a chance to secure shares at the upper band. The offer comprises a fresh issue of ₹418 crore and an offer-for-sale (OFS) of ₹165 crore by promoter and founder Udaykumar Arunkumar Parekh.

Omnitech Engineering has structured its IPO allotment to accommodate different investor categories. 50% of the issue has been reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs), and 35% for retail investors. In addition, the company has allocated shares worth ₹1 crore for employees at a preferential discount of ₹11 per share to the final issue price. Retail investors can apply in lots of 66 equity shares and in multiples thereof, with the minimum application amount coming to approximately ₹14,982 at the upper price band.

The Omnitech Engineering IPO is being managed by lead merchant bankers Equirus Capital and ICICI Securities, while MUFG Intime India Pvt. Ltd. serves as the registrar. Following the subscription period, the basis of allotment is expected to be finalized by March 2, 2026, with refunds initiated on March 4, 2026 and shares credited to investors’ Demat accounts on the same day. The company is scheduled to debut its equity shares on the BSE and NSE on March 5, 2026.

Proceeds from the fresh issue will be strategically used to fuel both expansion and debt reduction. A significant portion of the funds, ₹233.5 crore, is earmarked for establishing two new state-of-the-art manufacturing facilities in Rajkot, reinforcing Omnitech’s production capacity across key industrial segments. Another ₹50 crore has been allocated to repay certain outstanding borrowings, while ₹18.6 crore will be used to install rooftop solar panels at facilities, aligning with the company’s broader sustainability goals. The remaining funds will support general corporate and working capital needs.

Omnitech Engineering operates three existing manufacturing sites focused on precision components for industries such as energy, motion control & automation, industrial equipment systems, and metal forming applications. As of September 2025, the company’s order book had surged to ₹1,764.7 crore, a significant increase from ₹283.6 crore in March 2025, underlining strong demand momentum and robust business fundamentals.

Financially, Omnitech has delivered impressive growth in recent years. For the fiscal year 2025, total revenue nearly doubled to ₹342.9 crore from ₹178.2 crore, reflecting a 92.5% increase, while profit after tax jumped by 132% to ₹43.9 crore compared with the previous year. In the first six months ending September 2025, the company reported a profit of ₹27.7 crore on revenue of ₹228.1 crore, demonstrating consistent performance and expanding market reach.

With its diversified clientele, strong export orientation contributing around 75% of revenue in FY25, and ambitious expansion plans, the Omnitech Engineering IPO presents an attractive opportunity for investors looking to participate in India’s industrial manufacturing growth story.