Omnitech Engineering is entering the public markets with a Rs 583 crore IPO. The offering consists of a fresh issue of Rs 418 crore and an offer for sale (OFS) of Rs 165 crore by the promoter. Anchor investor bidding is scheduled for February 24, 2026. The main subscription window opens on February 25 and closes on February 27. The Gujarat-based manufacturer will list its shares on both the NSE and BSE. Financially, the company has shown explosive growth. For the fiscal year ending March 31, 2025, revenue from operations reached Rs 343 crore, a 92% increase from the previous year. Profit after tax more than doubled to Rs 43.8 crore, up from Rs 18.9 crore in FY24. Profitability remains a core strength. The company reported a robust EBITDA margin of 34.31% and a Return on Equity (ROE) of 21.55% for the latest fiscal year. This financial health is supported by a massive order book, which stood at Rs 1,764 crore as of September 2025. The business is heavily export-oriented, with nearly 75% of revenue generated from international markets across 22 countries. It serves high-demand sectors including Energy, Motion Control, and Automation. The broader market context is highly favorable for this listing. India’s engineering exports are projected to cross $120 billion in FY26, growing by over 10% in early 2026. The domestic precision machining market is expected to reach a valuation of $16.6 billion by 2033. Proceeds from the fresh issue will likely fund expansion, as the sector pivots toward advanced manufacturing and electric vehicle (EV) components. The company currently employs over 1,800 people and maintains high-precision manufacturing accuracy up to 5 microns. With the IPO dates now locked, investors are tracking the Grey Market Premium (GMP) as a gauge for listing day sentiment. Institutional interest is expected to be high, with 50% of the offer reserved for Qualified Institutional Buyers.