Omnitech Engineering officially launched its initial public offering (IPO) today, **February 25, 2026**, marking a significant milestone for the Gujarat-based precision manufacturing specialist. The firm seeks to raise **Rs 583 crore** through a book-building process that remains open for subscription until **February 27, 2026**. The issue is priced in a band of **Rs 216 to Rs 227** per share. Investors can participate with a minimum lot size of **66 shares**, requiring a retail investment of **Rs 14,982** at the upper price limit. The offering is a strategic mix, featuring a fresh issue of **Rs 418 crore** alongside an offer for sale (OFS) of **Rs 165 crore** by the company’s promoter. Market sentiment ahead of the listing appears cautiously optimistic. As of today, the grey market premium (GMP) is hovering around **Rs 7 to Rs 8** per share, suggesting a modest listing gain of approximately **3.5%**. This follows a period of softening in grey market activity, down from earlier highs of **Rs 15** seen last week. Omnitech’s financial trajectory has shown explosive growth leading into this IPO. Revenue for **FY25** surged by over **92%** to **Rs 342.9 crore**, while profit after tax (PAT) jumped an impressive **132%** to **Rs 43.9 crore**. This momentum has carried into the current fiscal year, with the company reporting revenue of **Rs 228.1 crore** for the first half of **FY26**. The company’s order book is a primary highlight for investors. As of **September 2025**, it stood at a robust **Rs 1,764.7 crore**, a massive leap from the **Rs 283.6 crore** recorded in March of the same year. This growth is largely fueled by a global footprint, with exports to **24 countries** accounting for roughly **75%** of total revenue. Proceeds from the fresh issue are earmarked for aggressive expansion. The company plans to deploy **Rs 233.5 crore** to establish two new manufacturing facilities in Rajkot, while **Rs 50 crore** will be utilized to pare down existing debt, which currently stands at **Rs 382.9 crore**. Operating in the high-precision components and automation sector, Omnitech serves critical industries including automotive, aerospace, and pharmaceuticals. While the growth figures are strong, analysts point to high customer concentration and geographical risks as factors to watch, with the top 10 clients contributing nearly half of the revenue. The shares are scheduled to be finalized for allotment on **March 2, 2026**, with the official listing on the BSE and NSE slated for **March 5, 2026**. This IPO offers a direct entry point into India’s expanding role as a global precision engineering hub, supported by a compound annual market growth rate of **5.5%** projected through 2030.