Ahmedabad-based Omnitech Engineering Limited is gearing up for its initial public offering (IPO) scheduled to open on February 25, 2026. Investors can place bids starting a day earlier, on February 24, while the bidding will close on February 27.
The company has set its price band between ₹216 and ₹227 per equity share, with each share having a face value of ₹5. Bidders must purchase at least 66 shares, which can be further bought in multiples of that number.
Omnitech’s IPO includes a fresh issue of equity shares worth up to ₹4,180 million (₹418 crore) and an offer for sale from existing shareholder Udaykumar Arunkumar Parekh totaling ₹1,650 million (₹165 crore). Notably, there’s a special reservation of shares valued at ₹10 million for eligible employees. These employees will also receive an attractive discount of ₹11 per share when they bid within the reserved portion.
The company’s shares are expected to debut on both BSE Limited and the National Stock Exchange of India Limited upon completion of the offering.
Equirus Capital Private Limited and ICICI Securities Limited have been appointed as the lead managers overseeing this significant issue.