The subscription window for the Omnitech Engineering IPO will officially open on Wednesday, February 25, 2026, and conclude on Friday, February 27. The company has fixed its price band at ₹216 to ₹227 per equity share. Retail investors can bid for a minimum of 1 lot (66 shares), requiring an investment of ₹14,982.
The IPO is a mix of a fresh issue of ₹418 crore and an Offer for Sale (OFS) of ₹165 crore by the promoter, Udaykumar Arunkumar Parekh. Omnitech has demonstrated exceptional financial growth; its revenue nearly doubled to ₹342.9 crore in FY25, while its Profit After Tax (PAT) skyrocketed to ₹43.9 crore. The company is a critical supplier to global leaders like Halliburton, Suzlon, and Weatherford, with nearly 75% of its revenue coming from exports across 24 countries.
Funds from the fresh issue will be strategically deployed:
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₹233.5 crore for setting up two new production facilities in Rajkot.
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₹50 crore for the repayment of outstanding borrowings.
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₹18.7 crore for rooftop solar and machinery upgrades.
Key IPO Details & Timetable
| Feature | Details |
| Price Band | ₹216 – ₹227 per share |
| Lot Size | 66 Shares (Min. Investment ₹14,982) |
| Total Issue Size | ₹583 Crore |
| Today's Status (Feb 23) | Pre-Open (Anchor Bidding Tomorrow) |
| Grey Market Premium | ₹16 (Approx. 7% Gain Expectation) |
| Open Date | February 25, 2026 (Wednesday) |
| Listing Date | March 5, 2026 (BSE & NSE) |
Today’s Real News & Investor Insights
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Anchor Bidding Tomorrow (Feb 24): Large institutional investors will place their bids tomorrow. This is the most critical news today as the "Anchor Allotment" list (expected tomorrow night) will signal whether marquee global funds are backing the valuation.
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Order Book Visibility: As of September 2025, the company has an order book worth ₹1,764.7 crore—nearly five times its FY25 revenue—providing extremely high revenue visibility for the next 2-3 years.
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Valuation Debate: At the upper price band, the IPO is valued at a P/E of approximately 50.5x (based on FY26 annualized earnings). While this is a premium, it is significantly lower than listed peers like MTAR Technologies (230x+) or PTC Industries (900x+).
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Export & Forex Risks: Since 75% of earnings are in foreign currency, today’s volatility in the USD/INR pair is something investors are watching closely, as it directly impacts the company's bottom-line margins.
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Employee Benefit: The company has reserved ₹1 crore worth of shares for its employees, offered at a ₹11 discount per share.
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