Omnitech Engineering IPO

IPO Details

• Issue Period: Wednesday, February 25 to Friday, February 27
• Fresh Issue: ₹418 crore (1.84 crore shares)
• Offer for Sale (OFS): ₹165 crore (73 lakh shares)
• Total Issue Size: ₹583 crore
• Price Band: ₹216 to ₹227 per share

Listing Details

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• Share Allotment: Expected to be finalised on Monday, March 2
• Listing Date: Thursday, March 5 on BSE and NSE

IPO GMP

• GMP on February 23: ₹7
• Projected Listing Price: ₹234 (with a 3% premium)

Company Overview

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• Business: Manufactures high precision engineered components and assemblies for global customers across industries
• Revenue Growth:
  • FY23: ₹1,773.31 million
  • FY24: ₹1,781.80 million
  • FY25: ₹3,429.13 million
• Profit:
  • FY23: ₹322.92 million
  • FY24: ₹189.08 million
  • FY25: ₹438.65 million

Management

• Board Composition: Seven directors, including two executive directors and four independent directors
• Chairman and Managing Director: Udaykumar Arunkumar Parekh (46 years old)

Market Outlook

• Precision-Engineered Goods Market: Expected to grow at a CAGR of 11.5% from 2025 to 2028, reaching ₹11.1 billion by 2028
• Key Risks: Concentration of key customers and tariff risk