Omnitech Engineering Limited is set to launch its Initial Public Offering (IPO) on Wednesday, February 25, 2026 and close on Friday, February 27, 2026.
It is a Gujarat-based precision engineering manufacturer catering to the defence, aerospace, and energy sectors. Track the details of all the IPOs of 2026 in our upcoming and live IPO section which is updated regularly.
Specialising in high-precision machined components, the company boasts a robust order book and a significant export footprint, with over 58% of its revenue derived from the USA.
The IPO, which aims to raise approximately ₹583 Crores through a mix of Fresh Issue and Offer for Sale (OFS), comes with a price band of ₹216 to ₹227 per equity share.
In this article, you will find Omnitech Engineering IPO GMP today, price band, and a detailed review. And for the subscription status, you can check our regularly updated subscription section of IPOs and for allotment related details check our IPO allotment status page.
Briefs of Omnitech Engineering IPO Details:
- Price Band: ₹216 – ₹227 per equity share
- IPO Open / Close Dates: February 25, 2026 – February 27, 2026
- Lot Size: 66 Shares (Minimum Investment: ₹14,982)
- Issue Size: ₹583 Crores
- Fresh Issue: ₹418 Crores
- Offer for Sale (OFS): ₹165 Crores
- Employee Discount: ₹11 per share
- Lead Manager: Equirus Capital Private Limited
- Listing Exchange: BSE, NSE
What Is The Omnitech Engineering IPO GMP Today?
You can check the GMP of this and other issues at our GMP hub page.
Note: The Grey Market Premium (GMP) varies daily based on market demand. It is an unofficial indicator and is not regulated by SEBI, NSE, or BSE. Investors should not rely solely on GMP for investment decisions.
What Are The Important Omnitech Engineering IPO Dates & Allotment Schedule?
For investors planning their capital allocation, here is the critical timeline for the issue:
- IPO Open Date: Wednesday, February 25, 2026
- IPO Close Date: Friday, February 27, 2026
- Basis of Allotment Date: Monday, March 2, 2026
- Refund Initiation Date: Wednesday, March 4, 2026
- Credit of Shares: Wednesday, March 4, 2026
- Listing Date: Thursday, March 5, 2026
What Are The Objectives of Omnitech Engineering IPO?
The company proposes to utilize the Net Proceeds from the Fresh Issue towards the following strategic purposes:
- New Manufacturing Facilities: Approximately ₹233.56 Crores will be invested in setting up new projects (Facility 1 & 2) to expand production capacity.
- Debt Repayment: A sum of ₹50.00 Crores is earmarked for the repayment or prepayment of existing borrowings, which will improve the leverage ratio.
- Capital Expenditure: ₹18.70 Crores will be used for upgrading existing facilities.
- General Corporate Purposes: To fund ongoing operational needs and strategic initiatives.
How is The Financial Performance of Omnitech Engineering?
The following table summarizes the financial performance of the company based on restated consolidated financial statements.
(Figures in ₹ Crores)
| Particulars | Period Ended 30 Sep 25 | Period Ended 31 Mar 25 | Period Ended 31 Mar 24 | Period Ended 31 Mar 23 |
Total Income | 236.69 | 349.71 | 181.95 | 183.71 |
Profit After Tax (PAT) | 27.78 | 43.87 | 18.91 | 32.29 |
EBITDA | 70.08 | 117.65 | 64.94 | 63.46 |
Total Borrowing | 382.91 | 330.63 | 230.49 | 88.81 |
Assets | 766.65 | 626.33 | 386.99 | 185.18 |
Source: RHP
Financial Analysis & Observations:
Total Income:
Omnitech has demonstrated robust growth, with Total Income nearly doubling to ₹349.71 Crores in FY25 from ₹181.95 Crores in FY24. This momentum continued in the first half of FY26 with revenue of ₹236.69 Crores, driven by strong export demand and higher capacity utilisation.
Profit After Tax (PAT):
Profitability surged to ₹43.87 Crores in FY25, reflecting a growth of over 130% compared to the previous year. The net margins have stabilised around 11-12%, indicating the company's ability to maintain profitability while scaling operations.
EBITDA:
The company reported a healthy EBITDA of ₹117.65 Crores in FY25, with margins expanding to over 34%. This operational efficiency is a result of focusing on high-precision engineered components, which command better pricing power.
Total Borrowing:
Debt levels have increased to ₹382.91 Crores as of September 2025 to fund the aggressive capital expenditure required for capacity expansion. The IPO proceeds allocated for debt repayment will help in moderating the leverage position.
Assets:
The asset base has grown significantly to ₹766.65 Crores by September 2025. This rapid expansion is primarily due to heavy investment in new manufacturing facilities and machinery to execute the massive order book.
What Are the P/E Ratio and Peer Comparison?
Based on its Fiscal Year 2025 earnings per share (EPS) of ₹4.26, the IPO is priced at a Price-to-Earnings (P/E) multiple of approximately 53.29x at the upper end of the price band (₹227).
P/E Ratio = ₹227(Price) / ₹4.26(Earnings Per Share)
P/E Ratio ≈ 53.29x
Peer Comparison Table (FY 2025 Data):
| Company | P/E Ratio | RoNW (%) | Revenue (₹ Cr) |
Omnitech Engineering | 53.29 | 21.46 | 349.71 |
| MTAR Technologies | 236.97 | 7.26 | 676.00 |
| PTC Industries | 925.42 | 4.40 | 308.07 |
| Azad Engineering | 215.70 | 6.21 | 457.35 |
Analysis:
Omnitech Engineering is entering the market at a P/E multiple of approximately 53.29x. When compared to the staggering industry average of 184.90x and peers like PTC Industries (925x) or MTAR Technologies (236x), the issue appears to be priced at a significant discount.
Furthermore, Omnitech has a Return on Net Worth (RoNW) of over 21%, significantly outperforming its listed peers who operate in the single digits, suggesting highly efficient capital utilization.
What is The Industry Outlook Omnitech Engineering ?
Growth Potential:
The Indian precision engineering sector is poised for growth, fueled by the government's "Atmanirbhar Bharat" initiative and increasing defense exports.
Market Trends:
There is a rising demand for high-quality machined components in the energy and aerospace sectors globally. Omnitech's strong export focus and specialized capabilities position it well to capture this demand shift.
What Are The Strengths and Risks of Omnitech Engineering IPO?
Strengths:
- Massive Order Book: With an order book of over ₹1,764 Crores (as of Sept 2025), the company has revenue visibility for nearly 5 years.
- Export Focus: Generating nearly 79% of revenue from exports provides a hedge against domestic market fluctuations and exposure to strong currencies.
- High Switching Costs: The critical nature of its components creates high entry barriers and customer stickiness.
Risks:
- Sector Concentration: Heavy reliance on the Energy sector (74% of order book) exposes the company to cyclical risks in oil & gas.
- Geographic Concentration: Manufacturing is concentrated in a single location (Rajkot), posing operational risks.
- Working Capital: The business is capital intensive with negative operating cash flows reported in the past due to high working capital needs.
Key Considerations for Investors
This section is neutral and for informational purposes only.
- Valuation: At ~53x P/E, the IPO offers a valuation comfort compared to the exorbitant multiples of industry peers.
- Execution Risk: The company's future growth hinges on the timely execution of its massive order book and successful capacity expansion.
- Financial Health: While profitable, the company carries significant debt and has experienced negative cash flows, which investors should monitor.
Key Takeaways
- IPO Price: ₹227 per share (Upper Band).
- Min Investment: ₹14,982 (66 Shares).
- Allotment: March 2, 2026
- Listing: BSE & NSE on March 5, 2026.
FAQs on Omnitech Engineering IPO
What is Omnitech Engineering IPO GMP today?
The GMP is a dynamic market sentiment indicator. You can check GMP at our gmp section page.
What is Omnitech Engineering IPO price band?
The price band is fixed at ₹216 to ₹227 per equity share.
What is Omnitech Engineering IPO allotment date?
The allotment status is expected to be finalized on Monday, March 2, 2026.
How to check Omnitech Engineering IPO allotment status?
Investors can check the status on the website of Bigshare Services Pvt. Ltd. (data to be confirmed as RHP mentions KFin Tech/Bigshare - usually Registrar) or via the BSE/NSE IPO allotment portals.
What is Omnitech Engineering IPO listing date?
The shares are tentatively scheduled to list on Thursday, March 5, 2026.
Investment Perspective on Omnitech Engineering IPO
Omnitech Engineering offers a compelling entry into the high-growth precision engineering space with robust financials and a valuation that leaves room for upside relative to peers. However, concentration risks and execution challenges associated with rapid expansion are key factors to weigh.
Disclaimer:
This article is strictly for educational purposes. Please consult a SEBI-registered investment advisor before making any investment decisions.
