Omnitech Engineering Sets Rs 583 Crore IPO for February 25
Omnitech Engineering is set to launch its Mainboard IPO on February 25, 2026, marking a significant entry into the public markets for the precision component sector. The company has finalized a price band of 216 to 227 per equity share for the 583 crore issue.
The offering consists of a fresh issue of shares worth 418 crore and an offer-for-sale of 165 crore. Investors can participate with a minimum lot size of 66 shares, requiring an initial investment of 14,982 at the upper price limit. Subscription remains open until February 27, with the final allotment expected by March 2.
The manufacturer plans to deploy 233.5 crore of the proceeds to establish two new production facilities in Rajkot, Gujarat. Additionally, 50 crore is allocated for debt reduction to strengthen a balance sheet that currently carries 382.9 crore in total indebtedness. A smaller portion of 18.6 crore is earmarked for rooftop solar installations at its plants.
Financially, the firm has demonstrated rapid scaling, reporting a 92.45% revenue surge between FY 2024 and FY 2025. Total income for the 2025 fiscal year reached 349.71 crore, yielding a profit after tax of 43.87 crore. The company maintains a healthy EBITDA margin of 34.31% and a Return on Equity of 21.55%.
Omnitech specializes in complex, safety-critical assemblies for global energy and industrial automation clients. Its operations are heavily export-oriented, with approximately 75% of revenue generated from 220 customers across 22 countries, including the United States and Germany.
The IPO arrives as India’s precision engineering market is projected to reach 16.29 billion USD in 2026. This growth is fueled by global "China+1" sourcing shifts and rising demand from the aerospace and electric vehicle sectors.
Market interest is further supported by the company's expansion into high-growth segments like motion control and industrial robotics. Listing is tentatively scheduled for March 5, 2026, on both the BSE and NSE, positioning Omnitech alongside industry peers like MTAR Technologies and Azad Engineering.