Omnitech Engineering IPO opens on February 25: Know about financials, business model, IPO details & more

Omnitech Engineering IPO is set to open for subscription on February 25. The company manufactures precision-engineered components and systems that serve clients throughout the world. Omnitech Engineering produces various products which serve multiple sectors, including energy, automation, industrial equipment and metal forming.

The company’s business operates in 24 countries, providing services to over 256 clients who include international brands such as SLB, Halliburton Energy Services, Suzlon Energy and Jyoti CNC Automation. The company demonstrates strong customer relationships through its revenue generation, which depends on repeat customers who provide 97% of its revenue from products and services during H1FY26.

Omnitech Engineering IPO details

Omnitech Engineering IPO aims to raise ₹583 crore through its public issue by selling over 2.56 crore shares. The IPO consists of a fresh issue of ₹418 crore and an offer for sale of ₹165 crore.

The company has fixed the price band of the issue at ₹216 to ₹227 per share. The lot size, or the minimum bid quantity to apply for the issue, is 66 shares. This equates to a minimum investment amount of ₹14,982 per lot at the upper end of the price band under the retail investors category.

Omnitech Engineering has appointed Equirus Capital as the book-running lead manager of the IPO, while MUFG Intime India is the registrar for the issue.

Omnitech Engineering IPO timeline

Omnitech Engineering IPO will remain open for subscription on Wednesday, February 25 and will remain open until Friday, February 27, 2026. After the bidding is closed, the allotment of shares is expected to be finalised on March 2.

Successful bidders can expect the shares to be credited to their demat accounts by March 4, with others receiving refunds on the same day. Omnitech Engineering shares are scheduled to list on the BSE and NSE on Thursday, March 5 2026.

Omnitech Engineering Financials

Omnitech Engineering IPO objective

• Capital expenditure: The company will use approximately ₹233.56 crore for setting up new projects at the proposed facilities 1 & 2.
• Purchase of solar panels: The company will use approximately ₹18.69 crore to purchase and install solar panels and purchase equipment for its second facility.
• Repayment of borrowings: The company will use ₹50 crore for repayment of certain borrowings availed by the business.
• General corporate purposes: Part of the IPO proceeds will be used for general corporate purposes and issue-related expenses.

About the company

The company operates mainly through four business segments: Energy segment contains products that serve oil & gas and wind energy and power markets through drilling components, hubs, mandrels and couplings. The motion control and automation division provides components which include cylinders and shafts, pins and flanges, and plates for use in motors and drives, hydraulic systems and sensors. The industrial equipment systems segment produces chain anchors and heavy-duty wheels while focusing on equipment used in aerospace ground support operations and construction work. The last section examines metal forming techniques, which find applications in consumer electronics, automotive products and medical devices.

The energy segment generated 42% of total revenue, amounting to ₹135.63 crore in FY25. The motion control and automation segment stood at 36% (₹114.38 crore), and industrial equipment Systems with roughly 20% (₹64.43 crore). The company held an order book worth ₹1,764.7 crore as of September 2025, which represented five times its product and services revenue for FY25. The energy segment contributes 74% of the order book, while industrial equipment systems deliver approximately 21% of the total.

The company generates more than 78% of its revenue in H1FY26 through international markets, which constitute its primary business activity. The international market achieved total sales of ₹257 crore during FY25, representing 75% of the total revenue in that period. North America represents the company's biggest market, with the United States sales reaching ₹186.371 crore, which has experienced rapid growth during the past two years.