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  1. Omnitech Engineering share price: Stock lists at 11% discount on NSE; here's how much investors lost per lot

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Omnitech Engineering share price: Stock lists at 11% discount on NSE; here's how much investors lost per lot

Kamal Joshi

2 min read | Updated on March 05, 2026, 10:32 IST

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SUMMARY

Omnitech Engineering share price: The ₹583 crore issue consisted of a fresh issuance of equity shares valued at ₹418 crore and an offer for sale (OFS) component aggregating to ₹165 crore by promoter Udaykumar Arunkumar Parekh.

Omnitech Engineering is engaged in the development of high-precision engineered components. | Image: omnitecheng.com

Omnitech Engineering is engaged in the development of high-precision engineered components. | Image: omnitecheng.com

Omnitech Engineering share price: Shares of precision-engineered components maker Omnitech Engineering made a weak debut on the stock exchanges on Thursday, March 5.
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The stock started trading at ₹202 apiece on the National Stock Exchange (NSE), reflecting a discount of 11.01% against the issue price of ₹227 per share.

On the BSE, the scrip started trading at ₹205, down 9.69% from the issue price.

Omnitech Engineering share price: Here's how much investors lost

A lot consisted of 66 shares. Investors who received the Omnitech Engineering IPO allotment saw their investment value drop to ₹13,332 per lot.

The ₹583 crore IPO consisted of a fresh issuance of equity shares valued at ₹418 crore and an offer for sale (OFS) component aggregating to ₹165 crore by promoter Udaykumar Arunkumar Parekh.

The funds raised will be used to repay debt, set up two new manufacturing facilities, fund capital expenditure requirements and general corporate purposes.

The initial public offering was subscribed 1.14 times, with bids for 2,16,31,632 equity shares against 1,89,09,890 shares on offer, according to the data on BSE website.

CategoryReservedNo of Shares Bid ForNo of Times
Qualified Institutional Buyers53,88,8871,53,93,6422.86
Non-Institutional Investors40,41,66729,53,8960.73
Retail Investors94,30,55630,76,9200.33
Total1,89,09,8902,16,31,6321.14

Prior to the IPO, the company mobilised over ₹174 crore from anchor investors, including ICICI Prudential Mutual Fund (MF), Ashoka India Equity Investment Trust Plc, Nippon India MF, Malabar India Fund, WhiteOak Capital MF, Edelweiss MF and Allianz Global Investors.

Omnitech Engineering Limited is involved in the development of high-precision engineered components and supplies to global customers across industries like energy, motion control & automation, industrial equipment systems, and other diversified industrial applications.

Its clientele includes Halliburton Energy Services, Oshkosh Aerotech, Suzlon, Lufkin Industries, Donaldson Company, Weatherford, PUSH Industries, Oilgear and Bharat Aerospace Metals.

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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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