Omnitech Engineering IPO

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Omnitech Engineering IPO details

25th – 27th Feb 2026
05 Mar 2026
₹216 – ₹227
Lot size 66 — ₹14982
583cr

Schedule of Omnitech Engineering

Issue open date 25 Feb 2026
Issue close date 27 Feb 2026
UPI mandate deadline 27 Feb 2026 (5 PM)
Allotment finalization 02 Mar 2026
Refund initiation 04 Mar 2026
Share credit 04 Mar 2026
Listing date 05 Mar 2026
Mandate end date 14 Mar 2026
Lock-in end date for anchor investors (50%) 01 Apr 2026
Lock-in end date for anchor investors (remaining) 31 May 2026

Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.

About Omnitech Engineering

Omnitech Engineering Limited was originally established as a partnership firm in September 2006 under the name “M/s. Omnitech Engineering.” It was converted into a private limited company in August 2021 and subsequently into a public limited company in October 2024. The Company is headquartered in Rajkot, Gujarat. The Promoters of the Company are Udaykumar Arunkumar Parekh and Dharmi A. Parekh. Omnitech is a key manufacturer of high-precision engineered components and assemblies, serving global customers across diverse industries. Its products are primarily used in safety-critical applications in sectors such as energy, motion control and automation, and industrial equipment systems. The Company operates manufacturing facilities in Gujarat and caters to customers in India and international markets. Its business model is centered on customised precision machining, value-added assemblies, and long-term client partnerships supported by strong engineering and quality capabilities. With nearly two decades of industry experience, a diversified industry presence, and a growing global footprint, Omnitech’s strengths lie in its technical expertise, export orientation, and established customer relationships.


Financials

Financial Year Ended March 2024 March 2025 September 2025
Total Assets 386.99 626.33 766.65
Revenue 181.95 349.71 236.69
Profit After Tax 18.91 43.87 27.78

Issue size

Funds Raised in the IPO Amount
Total issue size 583
Fresh Issue – Proceeds go to the company 418
Offer for sale – Proceeds go to the existing investors 165

Utilisation of proceeds

Purpose INR crores (%)
Repayment / pre-payment of borrowings 50 (11.96%)
Setting up New Projects – Proposed Facility 1 132.84 (31.78%)
Setting up New Projects – Proposed Facility 2 100.71 (24.09%)
Capital Expenditure – Existing Facility 2 18.7 (4.47%)
General corporate purposes 115.75 (27.70%)

Strengths

  • Strong expertise in high-precision engineered components for safety-critical applications.
  • Diversified global customer base across 24 countries and multiple industries.
  • Long-standing customer relationships with repeat business and a strong order book.
  • Integrated manufacturing facilities with advanced machining capabilities in Gujarat.
  • Experienced promoter-led management with nearly two decades of industry presence.

Risks

  • High revenue concentration from top customers may impact stability if lost.
  • Manufacturing facilities are geographically concentrated in Rajkot, Gujarat.
  • Significant borrowings increase financial and repayment obligations.
  • Exposure to foreign exchange fluctuations affects profitability.
  • Expansion into new segments and facilities carries execution and cost risks.