Omitech Engineering IPO GMP, ସଦସ୍ୟତା ଏବଂ ଆବଣ୍ଟନ ସ୍ଥିତି ଆଜି

The IPO opened for subscription on Wednesday, February 25, 2026, and is scheduled to close on Friday, February 27, 2026.

The price band is set at ₹216 to ₹227 per equity share.

• Lot Size: 66 shares.
• Minimum Investment: ₹14,982 (at the upper price band of ₹227).

• Maximum Investment: Retail investors can apply for up to 13 lots (858 shares), totaling ₹1,94,766.

The total issue size is approximately ₹583 crores. This consists of:

• Fresh Issue: ₹418 crores (new shares being issued by the company).

• Offer for Sale (OFS): ₹165 crores (existing shareholders selling their stakes).

• Allotment Finalization: Expected on March 2, 2026.

• Credit of Shares/Refunds: Expected on March 4, 2026.

• Listing Date: Tentatively scheduled for March 5, 2026, on both the BSE and NSE.

The company plans to use the net proceeds from the fresh issue for:

• Debt Repayment: Approximately ₹50 crores to repay or prepay existing borrowings.

• Capital Expenditure: Roughly ₹233.55 crores for setting up new projects at two proposed manufacturing facilities in Rajkot, Gujarat.

• Facility Upgrades: Around ₹18.70 crores for solar panel installation and new machinery at existing facilities.

• General Corporate Purposes.

The registrar for this issue is MUFG Intime India Private Limited (formerly Link Intime). Investors can check their allotment status on the registrar’s portal once the process is finalized on March 2.