Omnitech Engineering to Float Rs 583 Cr IPO on Feb 25

Why It Matters

The capital raise will fund debt repayment and new factories, bolstering Omnitech’s growth trajectory in high‑precision components, while offering investors exposure to a fast‑growing industrial niche.

Key Takeaways

• IPO aims to raise Rs 583 crore at Rs 216‑227 price band
• Fresh issue Rs 418 crore; promoters sell Rs 165 crore shares
• Proceeds earmarked for debt repayment and new factories
• Valuation exceeds Rs 2,800 crore, positioning against peers
• Allocation: 50% QIIs, 35% retail, 15% non‑institutional investors

Pulse Analysis

Omnitech Engineering’s upcoming IPO, priced between Rs 216 and Rs 227 per share, targets a raise of Rs 583 crore, valuing the firm at roughly Rs 2,800 crore. The issue opens on Feb 25 and closes Feb 27, with anchor bidding on Feb 24 and listing slated for March 5. Managed by Equirus Capital and ICICI Securities, the offering splits 50% to qualified institutional investors, 35% to retail, and 15% to non‑institutional participants. This timing aligns with a broader wave of Indian manufacturing listings that have attracted heightened foreign and domestic capital in 2025‑26.

A specialist in high‑precision engineered components, Omnitech serves global players such as Halliburton, Suzlon and Bharat Aerospace Metals across energy, motion control and industrial equipment sectors. Its product portfolio and export‑oriented client base give it a competitive edge over peers like Azad Engineering and Dynamatic Technologies, which operate on thinner margins. The company’s Rajkot‑based facilities have demonstrated consistent order growth, positioning it to capture rising demand for automation and renewable‑energy hardware as India pushes its Make in India agenda.

The fresh‑issue proceeds—Rs 418 crore—are earmarked for debt reduction, two new manufacturing plants, and broader capital‑expenditure needs, while the Rs 165 crore offer‑for‑sale provides liquidity for promoter Udaykumar Parekh. By strengthening balance‑sheet health and expanding capacity, Omnitech aims to improve operating leverage and meet escalating order books. For investors, the IPO offers exposure to a niche yet scalable segment of the Indian industrial supply chain, with the potential for upside as the firm capitalises on global energy transition projects.

Omnitech Engineering to float Rs 583 cr IPO on Feb 25

PTI · Last Updated: Feb 20, 2026, 09:38 AM IST

Omnitech Engineering has announced its upcoming Initial Public Offering (IPO) with a price band of Rs 216‑227 per share, aiming to raise Rs 583 crore. The company, a manufacturer of precision‑engineered components, is valued at over Rs 2,800 crore at the upper end of the band.

The IPO’s share sale will open to the public on February 25 and close on February 27; bidding for anchor investors is scheduled for February 24, according to the public announcement.

The offering consists of:

• Fresh issuance of equity shares worth up to Rs 418 crore.

• Offer‑for‑sale component of equity shares valued at Rs 165 crore by promoter Udaykumar Arunkumar Parekh.

Use of proceeds

Proceeds from the fresh issue will be used to:

• Repay debt,

• Set up two new manufacturing facilities,

• Fund capital‑expenditure requirements, and

• Meet general corporate purposes.

Company profile

Omnitech Engineering manufactures high‑precision engineered components for global customers across sectors such as energy, motion control & automation, industrial equipment systems, and other diversified industrial applications. Its clientele includes Halliburton Energy Services, Suzlon, Oshkosh Aerotech, Weatherford, Lufkin Industries, Oilgear, Donaldson Company, PUSH Industries and Bharat Aerospace Metals.

Based in Rajkot, Omnitech will compete with peers such as Azad Engineering, Unimech Aerospace, PTC Industries, Dynamatic Technologies and MTAR Technologies.

Allocation

The issue is allocated as follows:

• 50 % to qualified institutional investors,

• 35 % to retail investors, and

• 15 % to non‑institutional investors.

Omnitech Engineering is slated to make its stock‑market debut on March 5. The IPO is being managed by Equirus Capital and ICICI Securities.