Omnitech Engineering IPO GMP, Date, Price Band & Review

Omnitech Engineering IPO is a book-building issue of ₹583 crores, a combination of fresh issue of ₹418 crores (approx 1.84 crore shares) and an offer for sale of ₹165 crores (approx 0.73 crore shares). The price band for this IPO is set at ₹216 to ₹227 per share and the lot size for an application is 66, while the minimum amount of investment required by an individual investor (retail investor) is ₹14,982 (66 shares). The IPO will open for subscription from Feb 25-27, 2026, on the BSE, NSE platform with a tentative exchange listing date fixed as March 5, 2026.

Company Background

Omnitech Engineering Ltd., founded in Rajkot, Gujarat, is one of the leading producers of high-precision engineered components and assemblies. Founded in 2006 as a partnership firm and later changed to a public limited company in 2024, the company deals with safety-critical components for various sectors worldwide. With close to two decades of experience, the company caters to more than 220 clients in 22 countries, adhering to very strict norms for sectors such as energy, motion control, aerospace and defense.

Operations and Product Range

Facility and Production

Omnitech Engineering Ltd. has 2 advanced manufacturing facilities at Metoda and Chhapara, Rajkot, covering an area of around 59,603 square meters. These facilities have more than 300 CNC machines, offering machining capacity of 1.7 million hours. Omnitech is expanding with a third manufacturing facility at Padavala to increase production capacity for its global export-oriented business.

Brand and Market Presence

Omnitech Engineering Ltd. has a strong global footprint, with 75% of its revenue generated from international markets like the USA, Canada and Germany. It operates a dedicated warehouse in Houston, USA, to facilitate seamless delivery. The company is recognized for its marquee clients, including Halliburton, Suzlon and Weatherford, solidifying its reputation for precision and reliability.

Revenue Channels

• • Export Sales by critical components supplied to clients in North America, Europe and the UAE.
• • Domestic Supply, like catering to India’s growing renewable energy, aerospace and heavy industrial sectors.
• • Precision Machining Services fees by offering customized prototyping and manufacturing for niche technical applications.
• • Complex sub-assemblies and replacement parts for long-term global contracts.

Management and Shareholding

Promoter and Shareholding

Omnitech Engineering Ltd. is mainly driven by its founder and promoter, Udaykumar Arunkumar Parekh, who owns a substantial stake in the pre-IPO equity. As a part of the forthcoming IPO of ₹583 Cr, the promoter will reduce their stake through an Offer for Sale (OFS) of ₹165 Cr, with the rest retained by the promoter group.

Board Members

The Board of Directors of Omnitech Engineering Ltd. is headed by Udaykumar Arunkumar Parekh (Chairman and Managing Director), along with Paras Mukundrai Parekh (Whole Time Director and CFO). The Board is further aided by Non-Executive Director Dharmi Arunbhai Parekh and a robust team of Independent Directors, such as Ketan Chandrakant Doshi, Mahendra Tribhuvan Panchasara and Vidhi Nishit Shah.