Omnitech Engineering IPO Update

IPO Details

The initial public offering (IPO) of Omnitech Engineering Ltd opened on 25 February 2026 and will remain open until 27 February 2026. The company aims to raise ₹583 crore from the Omnitech Engineering IPO, which is a mix of fresh capital and offer for sale (OFS). The public issue is proposed for listing on the BSE and the NSE.

Subscription Status

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As of the third day of bidding, the public issue was subscribed to 13%. The retail portion was filled to 13%, the Non-Institutional Investor (NII) segment was booked to 11%, and the Qualified Institutional Buyer (QIB) portion was booked to 13%. The grey market premium (GMP) of the Omnitech Engineering IPO decreased to ₹4, indicating a slump in investor interest.

Valuation and Analyst Review

The book-build issue received a 'subscribe' tag from Swastika Investmart, which noted that the valuation at the upper price band of ₹227 is priced at a post-issue Price-to-Earnings (P/E) ratio of approximately 50x-53x (based on FY25 earnings). This is considered relatively conservative compared to listed peers like Azad Engineering (~103x) or MTAR Tech (~197x).

Order Book and Allotment

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The company registered degrowth in FY24 but reported positive numbers in the following financial years. As of 30 September 2025, the company had orders exceeding ₹1750 crore. The most likely allotment date for the Omnitech Engineering IPO is 28 February 2026, with the share listing anticipated to take place on 5 March 2026.

Key Dates

• IPO Opening Date: 25 February 2026
• IPO Closing Date: 27 February 2026
• Most Likely Allotment Date: 28 February 2026 (or Monday next week)
• Most Likely Listing Date: 5 March 2026